Telkom Integrated Report 2017

101

Corporate governance

report

We consider

good corporate

governance

as essential in

enhancing the

value of the group

and the foundation

of a sustainable

business.

AtTelkomwe ensure the group’s commitments

to its stakeholders are met while supporting our

long-term strategy and competitiveness through our

corporate governance structures. Effective strategy

and operations enable us to build a sustainable

business by being cognisant of our economic, social

and environmental surroundings. Our efforts towards

sustainable and transparent business practices are

reflected in our inclusion as a constituent of the

FTSE/JSE Responsible Investment Index Series. As

a responsible corporate citizen, we consider the

short and long-term impact of our decisions on

the economy, society and environment to avoid

compromising the environment in which we operate,

and the livelihood of future generations.

As a JSE-listed company, we fully comply with the

JSE Listings Requirements and the mandatory and

non-mandatory principles of King III. We endorse

the principles of the King Code and have a King IV

implementation plan for FY2018. We comply with the

Companies Act, 2008, the company’s memorandum of

incorporation (MOI) and other relevant legislation.