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Page Background

communities, the enhancement of

skills and the delivery of services in

their mostly rural areas. These issues

are directly addressed by the

community channel, in focusing on

providing services, creating job

opportunities and stimulating

economic upliftment.

These opportunities provide extramural

stimulus for senior staff and enable

them to extend their knowledge,

mentoring reach and networks.

This provides the Group access to

talented individuals, while gaining

direct line of sight into academia,

where it may be able to offer and

receive learning.

During the period of the Group’s

intense acquisition activity, it deferred

a number of reach-out opportunities,

which will now be re-initiated, over

time.

Stakeholder group

Members of the media, including

journalists, reporters and editors

f

engaging with outsiders to our

business who may have difficulty

understanding our activities.

Nature of engagement

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.

Daily media monitoring assists the

Group in understanding the reach,

interpretation and needs of this

stakeholder group.

Method of engagement

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.

A media agency is engaged to assist

the Group in maximising its news-

worthy activities.

Future focus areas include enhancing

stakeholders’ understanding of Blue

Label’s acquisition strategy, in

particular Cell C.

Dialogue process and outcomes

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 briefings

and trade visits were held throughout

the year.

Numerous interviews with Senior

Management resulted in articles being

published in the press, clips aired on

radio and TV, on subjects such as

profiles of the CEOs, Group financial

performance, various new products

such as ticketing and prepaid water,

and the acquisitions of equity in a

recapitalised Cell C and in 3G Mobile.

Management participates on radio

and TV at the release of interim and

year-end financial results.

This stakeholder grouping showed

significant interest in the Group’s

acquisition strategy this year, resulting

in management hosting a number of

interviews and group meetings with

a range of media members.

Stakeholder group

Government, regulatory bodies

and the public sector

f

we believe in partnering.

Nature of engagement

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

business or 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.

Method of engagement

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, employment

equity, and the Codes of Best Practice.

The Group meets all its statutory

filing obligations in respect of the

Department of Labour, CIPC, SARS, etc.

Focus areas are determined on an

ad hoc

basis.

Dialogue process and outcomes

Our sound 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.

BLUE LABEL

INTEGRATED ANNUAL REPORT 2017

55

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