South Africa is respected for its good corporate governance – ranking first for ethical behaviour of firms; efficacy of corporate boards and protection of minority shareholders in the  4  BIS central bankers’ speeches  Global Competitiveness Index.
We perform particularly well in a number of areas: quality of institutions; intellectual property protection; property rights; efficiency of legal framework; and accountability of private institutions. These rankings are a clear indication of South Africa’s economic and financial potential. That said, there are no doubt challenges that we confront today as a country and those challenges are reflected in the somewhat weaker investor sentiment.