Good governance is a central concern for social investors. It is especially critical in the case of community trusts, which exist to benefit thousands of community members, typically as part of broad-based ownership schemes. Strong governance that builds accountability and trust is essential for these trusts to deliver on their mandate. Without it, their efforts can exacerbate tensions at community level without contributing meaningfully to development. On 26 July 2024, in partnership with the Minerals Council South Africa, Tshikululu hosted the second in a series of dialogues focusing on community trusts in South Africa. The session dealt with questions of governance through an exploration of challenges in the sector and how members of the Minerals Council are responding to them.