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MultiChoice South Africa Holdings Proprietary Limited
Integrated annual report 2018
Risk management report
(continued)
Our risks in relation to the six capitals
Importance of this capital
to our business
Key risks linked to this capital
Financial
h
MultiChoice is a for-profit company.
We buy goods and services,
provide employment and pay taxes
and invest under our corporate
citizen programmes. Therefore, we
contribute to economic growth,
employment and development
opportunities in the communities
in which we operate
h
Financial reporting, fraud, economic, technology
disruption, broadcasting interruption, IT systems
failure, competition and internal control risks
Manufactured
h
To operate effectively we require
offices, contact centres, distribution
networks, vehicles, inventory, public
infrastructure and specialised
equipment and technologies
h
Dated equipment, damage, equipment/vehicle
failure/breakdown/unavailability (including
technology, system and infrastructure failures
such as satellite failures)
h
Excessive write-offs or weaknesses of fixed assets
h
Inappropriate use of technologies critical for delivering
products and services
h
Security of data, programming and information
h
Inadequate procurement/sourcing, supply chain, logistics
and delivery strategies and processes (physical)
h
Natural or human-induced disaster (including terrorist
attacks)
h
Theft, piracy and sabotage
h
Power or water outages
Key focus areas
A key focus area in the 2018 financial year was to update the group’s risk classification and
framework. The risk function will be focused on setting and implementing a standard for an
objective-driven opportunity and risk framework with the aim to collect risk and opportunity linked
to the business for any given financial year. A risk register tool is to be implemented to facilitate
Review
(continued)