- Introduction
- Application of and
Approach to King III - Status: New Companies Act
- Business Ethics Statement
- Compliance Framework
- The Board
- Board Committees
- Internal Control Systems
- Internal Audit
- Non-Audit Services
- IT Governance
- Company Secretary
- Investor Relations
- Closed Period
- Analyst Reports
Sustainable Development
- Social Review
- Transformation
- Direct Empowerment
- Employees
- Corporate Citizenship
- Health and Safety
- Environment
- Regulatory Environment
and Fines
GRI reports
Regulatory Environment and Fines
The group received no significant fines for noncompliance in the past year. Because MultiChoice operates in a highly regulated environment in South Africa, compliance is important. The company participates in the regulatory process affecting the communications industry through various public forums and debates, giving inputs on formulating standards and strategies for this industry. MultiChoice and M-Net received some fines from the self-regulatory body, the Broadcasting Complaints Commission of South Africa. These relate to incorrect scheduling of content due to human error and steps were taken to correct this. In the past year there were no environmental accidents nor were any environment-related fines imposed by any government. The group will continue to refine its processes for managing its impact on the environment.
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