Telkom Integrated Report 2017

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34 02 Value creation
The board is led by an independent chairman whose role is to provide
leadership. The board discharges its responsibilities through well-
established committees. These committees have formally delegated
terms of reference, are chaired by independent non-executive directors,
and are supported by the group company secretary. For information on
our board committees’ terms of reference, refer to the board committees
section on our website
Board key activities
Approved
> the new operating model for the group
> financial assistance for two subsidiaries in line with the approved resolution of the shareholders
> the introduction and subsequent declaration of an interim dividend of 131.23874 cents per share,
and final dividend of 290.75253 cents per share
> the gender diversity policy for the board
> the integration of BCX with our Enterprise business
> the FY2017 and three-year business plan to align with the operating environment
> the board charter
> the various recommendations of the sub-committees
Reviewed and considered
Reports from the GCEO, GCFO, chief administration officer, and various business units on strategic
progress, financial position, union engagements and employee remuneration.
Our board is properly
constituted and balanced
and possesses, individually
and collectively, the
competencies required
to deal with issues
and challenges faced
byTelkom. Their skills
complement each other
and their diversity
increases the range
of views that are
expressed in the spirit
of constructive
engagements.
Board demographics*
54% African
31% White
Board demographics
Board tenure*
4
8
1
0
Gender diversity*
69% Men
31% Women
Gender diversity
15% Non-South African
One Indian non-South African
One African non-South African
Years
The board of directors and
management team – continued
How our leadership
supports value creation
0 - 3 years
3 - 6 years
6 - 9 years
>9 years
* Based on the current board members.