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MultiChoice South Africa Holdings Proprietary Limited
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Integrated annual report 2017
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CORPORATE GOVERNANCE REVIEW
(CONTINUED)
OUR APPROACHTO GOVERNANCE
(CONTINUED)
The remuneration and equity committee is
the overall custodian of business ethics. The
disciplinary codes and procedures of the various
companies are used to ensure compliance with
policies and practices that underpin the overall
code of business ethics and conduct.
Unethical business behaviour by senior staff
members, as well as the manner in which the
company’s disciplinary code was applied in such
instances, is reported to this committee. The
group is committed to conducting its business in
compliance with the law, with integrity and with
proper regard for ethical business practices.
Whistleblowing facilities enable employees to
anonymously report unethical business conduct.
COMPLIANCE FRAMEWORK
The group’s legal compliance programme
involves preparing and maintaining inventories of
material laws and regulations applicable to each
business unit, implementing appropriate policies
and procedures, establishing processes to
supervise compliance and mitigate risks,
monitoring compliance, implementing effective
training and awareness programmes, and
reporting to the board and management on
the effectiveness of these initiatives.
The compliance programme is under the control
of legal counsel Chimane Lelaka, acting as
compliance of cer, and a compliance
committee. This committee reports on its
activities to the compliance of cer who, in turn,
reports to the risk committee.