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BLUE LABEL INTEGRATED ANNUAL REPORT 2015
GLOSSARY
CONTINUED
Word
Definition
IBC
Inside back cover
IC
Investment Committee
ICASA
The Independent Communications Authority of South Africa. The
regulator for the South African communications sector
ICT
Information and Communication Technology
intelligent transport
Toll roads, bus and train prepaid ticketing
interconnect fees
Charges associated with calls terminated between two different operators
(networks)
IP
Intellectual property
IRCC
Internal Risk and Compliance Committee
ISO
Independent Sales Organisation
IT
Information technology
JAVA
A programming language and computing platform
JSE
JSE Limited
JV
Joint venture
King III
The King Report on Governance for South Africa 2009 including the King
Code of Governance Principles for South Africa 2009
kiosk
An area, usually within a retail outlet, which is dedicated to transactions
for Blue Label products and services
KPA
Key performance area
KPI
Key performance indicator
KPMG
KPMG Services Proprietary Limited
LBS
Location-based services
Listings Requirements
Listings Requirements of the JSE Limited, as amended from time to time
LSM
Living standards measure
M&A
Mergers and acquisitions
MMS
Multimedia messaging service
MNO
Mobile network operator, such as Vodacom, MTN and Cell C in South
Africa
MoI
Memorandum of Incorporation
money remittances
The ability to transfer money to another individual without a bank
account
MTR
Mobile termination rates, as determined by ICASA
MVNO
Mobile virtual network operator
NaaS
Network as a service
NAV
Net asset value
NC
Nomination Committee, part of the Remuneration and Nomination
Committee
NERA
National Empowerment Rating Agency