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Page Background

MULTICHOICE SOUTH AFRICA IS A

L

E

A

D

I

N

G

V

I

D

E

O

-

E

N

T

E

R

T

A

I

N

M

E

N

T

C

O

M

P

A

N

Y

Contents

Overview

About this report

4

Statement of directors’ responsibility

5

Our business

6

Our performance at a glance

8

Our social investment

10

Value-added statement

11 Review

Executive chair’s review

14

Our strategic priorities

20

Risk management report

21

Our stakeholders

30 Our material matters

Our operations

36

Our people

44

Our customers

50

Our regulatory environment

54

Corporate social responsibility

58 Corporate governance review

Our approach to governance

64

Our board

67

Remuneration report

77

Report of the audit committee

86 Financial review

Independent auditor’s report

93

Summarised consolidated annual financial statements

95