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104

04

Transparency and accountability

The Companies Act,

71 of 2008, as

amended, requires

that the chairman of

the social and ethics

committee reports

on matters within the

committees mandate

for the period ended

March 2017.

The social and ethics

committee report

The committee met four times during the year. During

this time the reports that were reviewed by the

committee took into consideration the requirements of

the FTSE/JSE Responsible Investment Index Series that

measures the environmental, social and Governance

themes of companies.

Telkom continues to adhere and improve on these

responsibilities, with the review and monitoring around

the key areas of B-BBEE transformation and skills

development, ethics and social responsibilities.

The group has suitable policies and frameworks

in place to sustain its commitment to social and

economic development, fair labour practices,

environmental responsibility and good corporate

citizenship.

Compliance with legislation, regulations, as well as

codes of best practice were adhered to during the

financial year ended March 2017.

Khanyisile Kweyama

Chairman of the social and ethics committee

Governance

atTelkom

– continued

Corporate

governance report