Corporate Governance

Corporate governance embodies processes and systems by which public entities are directed, controlled and held to account. It defines the distribution of rights and responsibilities among the different stakeholders and participants in the organisation, it determines the rules and procedures for making decisions on corporate affairs (including the process through which the organisation’s objectives are set) and provides the means of attaining those objectives and monitoring performance. Importantly it defines where accountability lies throughout the organisation.

In addition to legislative requirements based upon the ELIDZ’s enabling legislation and the Companies Act of 2008, corporate governance is applied through the prescripts of the Public Finance Management Act of 1999 (PFMA) and in accordance with the principles contained in the King IV Report on Corporate Governance and the Protocol on Corporate Governance, 2002.

The ELIDZ is committed to upholding the highest standards of corporate governance by complying with legislation applicable to it as well as aligning itself to non-binding rules, codes and standards such as the King report and governance protocol. Parliament, the Executive and the Board of the ELIDZ are responsible for corporate governance.



The ELIDZ Board of Directors recognises the need to conduct the affairs of the company with integrity, in accordance with generally accepted corporate practices, and is committed to upholding the governance principles incorporated in the Code of Corporate Practices and Conduct, set out in the King III Report


Important Notice

Good day ELIDZ Valued Stakeholder

As the South African government works to flatten the curve on the spread of COVID-19 through the measures outlined by President Cyril Ramaphosa on 23 March 2020, the ELIDZ has suspended all walk-in visits / meetings or conferences at its offices with immediate effect until further notice.

You are, therefore, requested to reach out to your ELIDZ contact and make alternative arrangements as all face-to-face meetings are replaced by email, video and telephone calls.  Alternatively visit our website or call 043 702 8200 for assistance.

We thank you for your cooperation and understanding.

ELIDZ Management