The following article was first published in The Shareholder Rights and Activism Review, edition 2: published in September 2017 – editor Francis J Aquila.
For further information please email Nick.Barette@thelawreviews.co.uk
Historically, shareholder activism has not been an important force in South Africa. It is more common to see activism in the South African context from interested parties such as trade unions, rather than shareholders. More recently, following global trends attributable to an increasingly internationalised shareholder base, for instance, shareholder activism has been on the rise and the market has started to take note of the influence shareholders can wield.