The directors endorse and accept responsibility for the application of legislation, regulation and governance principles necessary to ensure that effective corporate governance is practised consistently throughout the group.

As a JSE-listed company the board is committed to applying the recommendations of the King Code of Governance Principles 2009 (King lll) and supports the governance principles contained in the Listings Requirements of the JSE Limited. The group’s internal code of ethics aims to create and maintain a culture of good governance throughout the group.

The King IV Code of Corporate Principles is effective for all JSE-listed companies reporting after 1 October 2017. The group will report on how it has applied the King IV principles with the publication of the 2017 Integrated Annual Report.

Code of ethics