EDITORIAL: MultiChoice’s cosy deals undermine principles of good corporate governance

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EDITORIAL: MultiChoice’s cosy deals undermine principles of good corporate governance
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Decision to terminate contract of board member is welcome but does not go far enough

MultiChoice certainly took its time in bowing to pressure from investors to end a consultancy contract with one of its board members, Kgomotso Moroka.

Under the contract, Moroka was paid R1.5m in the past year for her services as a senior counsel, raising uncomfortable questions about her role as an independent director and her ability to act in the best interests of the company and its shareholders. ..

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