Helping You Build Inner Resilience.
Nethavhani Governance Consultants (“NGC”) was established in 2016 by its Managing
Director, Khathutshelo Nethavhani (FCG), for the purpose of providing a range of
customised and specialist governance services to clients in both the private and public
sectors.
NGC is a 100% proudly black-owned consultancy company based in Centurion.
Our value proposition is to provide high-quality services in a quicker, solution-driven,
efficient and cost-effective manner to our clients.
Our Services
Companies are required to comply with various applicable legislation, Rules and Codes. Failure to comply with prevailing legislation may result in financial exposure or reputational risk for a company.
The Companies Act 71 of 2008 (“the Act”) enjoins every public company and state-owned company to appoint a person knowledgeable or experienced in relevant laws as a company secretary. Private companies, personal liability companies or non-profit companies must have a company secretary if the company’s Memorandum of Incorporation so provides. Whether the company’s Memorandum of Incorporation requires the company to have a company secretary or not, it is highly recommended that all the companies have a company secretary. It is important to note that, in terms of the Act, the company secretary may be a natural person or a juristic person such as NGC.
Directors’ Induction and Further Training and Development
The business and affairs of a company must be managed by or under the direction of its board, which has the authority to exercise all of the powers and perform any of the functions of the company, except to the extent that the Company Act 71 of 2008 (“the Act”) or the company’s Memorandum of Incorporation provides otherwise. Given the aforesaid wide-ranging powers of directors, the Act imposes stringent standard of directors’ conduct. In the case of state-owned companies, the standard of directors’ conduct is heightened by the demands of the Public Finance Management Act which imposes its own standards.