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MultiChoice South Africa Holdings Proprietary Limited

Integrated annual report 2018

29

How we manage risks and maximise

opportunities linked to this capital

Combined assurance

h

Strong long-term relationships with studios

h

Monitoring of controls around local production contracts

h

Negotiations for new content and renewal of content contracts are

focused on economic potential and the ability to attract new subscribers

h

Significant investment continues to be made in local content, thereby

developing and growing local talent and stimulating the local economy

h

Partnering with international players to produce local content to create

high-quality content and share the cost of production

h

General ethics initiatives and ensuring ethical business in relation to

services and products provided

h

Anti-bribery and anti-corruption initiatives

h

Customer satisfaction initiatives and monitoring

h

Customer privacy and data security

h

Corporate social initiative (CSI) programmes that are targeted, focused

and linked to a set business strategy

h

Managing stakeholder relationships and responding to legitimate and

reasonable issues raised by major stakeholders

h

PwC tax advisory

h

Deloitte tax advisory

h

Internal audit

h

Management

h

Risk and compliance

h

Management’s

assurance based on

various tools deployed

h

EmpowerLogic for

annual ratings

h

External audit

h

External legal counsel

h

Energy efficiency and saving measures in relation to, for example,

electricity, air-conditioning, heating, ventilation or investing in ‘green’

infrastructure

h

Waste reduction in relation to, for example, recycle paper and ewaste,

reuse or refurbish equipment (eg decoders and modems) and the

responsible disposal of ewaste

h

Reducing water usage, and use of water recycling

h

Facilities function

(electricity and water)

h

Business continuity

teams

h

Management

h

Risk and compliance

Risk management report

(continued)

Review

(continued)