Mineral Resources, a major Australian mining company, is facing a crisis after its founder and managing director, Chris Ellison, stepped down amidst allegations of tax evasion and misuse of company funds. The company is now under investigation by the Australian Securities and Investments Commission (ASIC) and the Australian Taxation Office (ATO), and has been downgraded by Moody’s Investor Service. Ellison’s departure, coupled with governance lapses and financial penalties, raises questions about the future of the company.
Results for: Governance
Bill Gates, in a recent podcast appearance, voiced his concerns about the challenges posed by artificial intelligence, particularly its potential impact on future generations. He stressed the need for effective governance in navigating these challenges, while remaining optimistic about humanity’s ability to find solutions by the year 2100.
Indonesia is set to witness its largest-ever regional elections on November 27th. This historic event will see Indonesians vote for their governors, mayors, and regents across the nation. The elections are crucial for understanding the effectiveness of President Prabowo Subianto’s programs and could reshape political dynamics across the country.
On the eve of the G20 Ministers of Tourism meeting, a side event highlighted the need for a new approach to tourism policy and governance. Leaders from top tourism economies emphasized the importance of sustainable development, social inclusion, and environmental sustainability in the sector, calling for a shift towards people-centric and planet-friendly policies.
The G20 Tourism Ministers met in Belem, Brazil, to discuss a new approach to tourism policy and governance that prioritizes people and the planet. The event highlighted the crucial role of tourism in economic growth and its potential to contribute to the Sustainable Development Goals (SDGs). Ministers recognized the need to rethink tourism planning and management to address the challenges of the sector’s growth and ensure sustainability.
The Securities and Exchange Board of India (SEBI) has addressed employee protests, recognizing their vital role in the organization’s success. The regulator has committed to resolving the issues internally, emphasizing its commitment to good governance and a timely resolution.
While the Election Commission of India enjoys widespread credibility for conducting national elections, State Election Commissions (SECs) responsible for local elections are facing systemic disempowerment, leading to delays and undermining local governance. This article advocates for crucial reforms to strengthen SECs and ensure timely, fair elections for panchayats and urban local bodies.
Cardano is set to undergo its most significant upgrade in two years, the ‘Chang’ hard fork, introducing on-chain governance mechanisms. This upgrade, originally scheduled for this week, has been postponed to September 1st to allow exchanges like Binance more time to prepare. The hard fork will empower ADA token holders to elect representatives and vote on proposals, marking a crucial step towards Cardano becoming a self-sustaining system.
The Indian Ministry of Home Affairs (MHA) has announced the creation of five new districts in the union territory of Ladakh, aiming to enhance governance and bring development closer to the people. The new districts, Zanskar, Drass, Sham, Nubra, and Changthang, are part of Prime Minister Narendra Modi’s vision for a developed and prosperous Ladakh.
The Confederation of African Football (CAF) has announced an investigation into alleged breaches of governance and auditing regulations within its secretariat, following reports of grievances against general secretary Veron Mosengo-Omba. CAF president Patrice Motsepe emphasized a zero-tolerance policy for corruption and violations of internal regulations.