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Effective and ethical leadership

continued

Our transformation plans extend to

employment equity plans, enterprise

and supplier development as well as

specific socio-economic projects that

are reported on pages 80 to 83.

The Social, Ethics and Transformation

Committee specifically oversees and

monitors transformation, socio-

economic development, labour,

employment, corporate citizenship,

health, safety and environmental

practices throughout the Group.

Their detailed report can be found

on page 71. In addition the Board

actively considers the responsible

corporate citizenship and making a

difference in South Africa in its core

strategy and purpose.

Focus areas during the year included

the launch of the School of

Entrepreneurship in Tshwane and

Soweto, involving the accredited

training of unemployed South Africans

in how to run a successful SMME, and

growing the Group’s distribution

footprint in the main market channel.

A further focus area has been

leveraging off the access to

matriculants that Blue Label has via

the primary SED initiative, the Boys &

Girls Club of South Africa (BGCSA).

Value creation and reporting

The Board regards governance as

essential for the success of the Group’s

business. It is committed to applying

the principles of good governance in

directing and managing the Group

in order to achieve its strategic

objectives. The integration of our

stakeholder engagement, material

matters assessment, strategy and

business model development together

with our performance management

and outlook ultimately encapsulates

the value creation story of the Group

overseen by our governance

framework.

The Group endeavours to provide

relevant reporting in a transparent

manner to its stakeholders through

the integrated report, annual and

interim financial statements as well

as supplementary reports and

engagement with various stakeholders

during the year.

The integrated report is our

primary annual report and is

supported by supplementary

reports available on our website

www.bluelabeltelecoms.co.za

.

BLUE LABEL

INTEGRATED ANNUAL REPORT 2017

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