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59

BLUE LABEL INTEGRATED ANNUAL REPORT 2015

STAKEHOLDER RELATIONS

CONTINUED

Stakeholder

group

Nature of engagement

Method of

engagement

Dialogue process and

outcomes

Members of the

media, including

journalists,

reporters and

editors

– we engage with

outsiders to our

business who may

have difficulty

understanding our

activities

Briefings to media are held at the

interim and full-year results,

followed by Q&A. One-on-one

interviews are conducted on

radio, TV and with print and

online journalists and editors.

Ad hoc requests for interviews

and participation in panel

discussions.

News releases are

distributed to media

and news services

both locally and

overseas, as per a

database maintained

by the Company.

Print, online,

broadcast and social

media monitoring is

outsourced and

reports of coverage

are received and

distributed daily

among business

segments, as

appropriate.

Mid-cap companies do not

readily gain news coverage.

To raise this stakeholder

group’s interest and

awareness of the scope of

business, products and

services, media site and trade

visits, including to the

demonstration centre, were

held during the year.

A number of interviews with

Senior Management resulted

in articles published in the

press, with subjects covering

the CEOs, financial

performance, various new

products such as ticketing

and prepaid water, and

distribution by truck and

footsoldier to the informal

sector.

Management regularly

participates in radio and TV

shows, especially around the

release of our financial

results.

Government,

regulatory

bodies and the

public sector

– we believe in

partnering with

regulators

The Group regularly engages

national and local government,

parastatals and other public

organisations through various

tender processes.

From a compliance perspective,

the completion and rendition of

statutory returns are undertaken

diligently.

Blue Label is not a member

of any industry association or

national/international advocacy

organisation in which the

Company has positions in

governance bodies, participates

in projects or committees or

provides substantive funding.

The Group occasionally consults

the Department of Labour and

physically lodges returns at the

CIPC to expedite registration.

Formal personal

meetings, written

communications and

tender processes.

The Group takes

cognisance of the

implications of the

B-BBEE Codes of

Best Practice.

Meetings are held

covering matters such

as health and safety

and the Codes of

Best Practice.

The Group meets all

its statutory filing

obligations in respect

of the Department of

Labour, CIPC, SARS,

etc.

Our good reputation is our

licence to operate and we

therefore have to uphold our

stature with all stakeholders.

During the year under review

no prosecutions were

brought against the Group

for the contravention or

non-compliance of any

laws or regulations.