CORPORATE GOVERNANCE

• Directorate
• The Board
• Board Committees
• Operating Board
• Risk Management
• Internal control and Audit
• Remuneration Report
• Stakeholder Relations
• Whistle-blowing
• Legal Compliance
• Code of Ethics

Whistle-blowing

A whistle-blowing facility has been in place since February 1998 for the reporting of suspected fraud and unethical behaviour.

Use is made of an outsourced, anonymous, toll-free hotline. All reports are submitted to the centralised risk management department, which ensures that all incidents are logged and resolved. A minimum reward of R5 000 is paid when follow-up confirms evidence of fraud or unethical behaviour. There is a strong focus on staff awareness of this facility through regular distribution of informational cards and posters. An additional reward of R10 000 is paid twice annually to a randomly-selected staff member who has already been awarded the R5 000 reward.