·25 May 2026
President Cyril Ramaphosa has signed major changes to South Africa’s Companies Act into effect, introducing stricter rules around executive pay, remuneration disclosures, and shareholder oversight at public and state-owned companies.
The amendments, which took effect immediately on 22 May 2026, were outlined by law firms Bowmans and Webber Wentzel, both of which warned that companies now need to urgently align their governance and reporting practices with the new legal…
State-Owned Media: The South African Broadcasting Corporation (SABC) is the
state-owned broadcaster, providing television and radio services.
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Fun South African Fact: Vilakazi Street in Soweto has been home to two Nobel Peace Prize winners. A tour through Soweto will always stop at Vilakazi Street to reveal a number of heritage sites of great importance to democratic South Africa. Both Nelson Mandela and Archbishop Desmond Tutu lived here at some point in their lives. In 1984, Archbishop Desmond Tutu received the Nobel Peace Prize in recognition for his non-violent fight against the apartheid regime. Nine years later in 1993, Nelson Mandela shared the Nobel Peace Prize with then-president F.W. de Klerk as an award for their role in bringing about the peaceful end of apartheid. Nelson Mandela then went on to become South Africa’s first democratically elected president in 1994.
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Fun South African Fact: South Africa is the only country in the world to build and then decide to dismantle the whole of its nuclear weapons program.