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OPERATIONAL REVIEW

(CONTINUED)

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32

MultiChoice South Africa Holdings Proprietary Limited

/

Integrated annual report 2017

customer management system. These

improvements resulted in our customer-care

employees receiving over 340 000 hours of

internal training during the prior year, which is

the main reason for total training hours reducing

in the current year. Total training received by

employees in the year is shown below:

Our transformation initiatives are outlined below:

Ò

Ownership – a catalyst for equity

: We

recognise the key role that owning economic

assets plays in reducing wealth and income

inequality. Through our Phuthuma Nathi

broad-based share schemes, we have

shared the success of our business with

thousands of South Africans. Via a

combination of shareholding in Naspers and

the Phuthuma Nathi share schemes, black

South African individuals and groups have a

55,75% economic interest in the group.

Ò

Preferential procurement:

Our preferential

procurement programme supports the

development of small, medium and

micro-enterprises (SMMEs). The group

consolidates its buying power in South Africa

in a centralised bargaining company,

CommerceZone (our eprocurement solutions

company). Suppliers’ BBBEE performance is

evaluated against speci c criteria and they

are expected to boost their annual BEE

Our people

(continued)

Ò

Total training hours* for

2017

415 132

*Includes total leadership training hours

(2016: 475 895)

SUPPLIERS ANDTRANSFORMATION

Focus on socio-economic transformation

Transformation

Entities in the MultiChoice group are subject to

the information and communication technology

(ICT) sector codes, which underwent signi cant

amendments in the past nancial year to align

with the Department of Trade and Industry’s

revised generic codes of good practice on

BBBEE.

These revisions have introduced stricter ratings

criteria for companies in the ICT industry.

Despite the challenges presented by having

to realign several of our transformation

programmes to the new ICT codes, we are

proud to have achieved a level 1 BBBEE rating.

We remain dedicated to our transformation

programmes and playing a key role in

transforming our industry.