Africa’s biggest IPO opens Monday. Its governance rating is 3.95, Good, and the pillar still open is the board.
Dangote Petroleum Refinery opens public subscription 14 September. Its InsidEntity Company Risk Rating is 3.95, Good, but Director Independence is still a default score, and the board table shows why that matters.
Sanlam Chose Not to Become a Bank. The Bank It Chose Sits Inside Its Largest Shareholder’s Group.
Sanlam launches transactional banking through GoTyme in November. GoTyme’s largest shareholder is owned by Sanlam’s own largest shareholder, and two Sanlam directors sit on that side of the relationship. Sanlam’s CRR is 4.12, Excellent, and its Director Independence score is a default, not an assessment.
Caught Between Washington and Tehran: What Maersk’s Governance and Financial Record Show
A.P. Moller – Maersk holds a CRR of 3.50 and an FSR of 3.30 on InsidEntity. What the governance and financial split shows, and the Hormuz exposure neither score captures.
Apple’s New CEO Has Never Sat on Another Board. The Man Checking Him Just Stopped Being Independent.
Apple’s succession took effect on 1 September. John Ternus becomes chief executive with no outside board record, Tim Cook becomes Executive Chairman, and the independent chair seat disappears. Apple’s Company Risk Rating is 3.14, Good.
Nvidia Beat the Numbers. The More Interesting Changes Were in the Disclosure.
Nvidia’s Q2 FY2027 beat was real. So were the changes underneath it: a non-GAAP methodology shift, a segment-reporting overhaul, and a $105 billion contingent obligation tied to OpenAI’s Ohio data centre.
Jensen Huang Has Been on NVIDIA’s Board for 33 Years. Here’s What the Record Shows.
Jensen Huang has been NVIDIA’s CEO and a board director since founding the company in 1993. He holds 3.58% of the company, no super-voting shares, and no other public boards.
Nvidia became the bank behind the AI boom. Then it syndicated the loan. It reports later today, and the most important disclosure of the quarter has already been filed.
Nvidia cut its OpenAI data centre guarantee from $250bn to $105bn in two weeks by syndicating the risk to six financial institutions. Its Company Risk Rating is 3.22, Good.
Tongaat Hulett Could Not Pay Its Growers. Its Governance Rating Is Still “Good”.
Tongaat Hulett could not pay its growers on schedule this month. Its Company Risk Rating is 3.24, Good. Its Financial Sustainability Rating does not register on the scale at all.
Custody of R3.5 trillion in public pension assets has moved from a bank rated 3.76 to a bank rated 4.32. Roughly 89% of the gap between those two scores comes from one pillar: the auditor. The fund’s own asset manager rates 2.31.
Absa has taken over Master Custodian of the GEPF’s R3.5 trillion from Standard Bank. Nearly 90% of the gap between their Company Risk Ratings traces to one pillar: the auditor.
Walmart Has one of the Strongest Governance Architecture We Have Profiled. It Scores 3.23 Anyway.
Walmart has the strongest governance architecture this platform has profiled, yet scores 3.23. Here is why a decades-long auditor relationship keeps it out of Excellent.