Corporate Governance
Sustainable Development
GRI reports
- 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
Status: New Companies Act
The impact of the new South African Companies Act No 71 of 2008 (signed into law on 8 April 2008 and effective 1 May 2011) was a focus over the past year. To comply with this act, shareholders will be asked to appoint the members of the audit committee and consider special resolutions on directors’ fees and the provision of loans and other inancial assistance. A new memorandum of incorporation is being drafted and will be brought to shareholders for consideration and approval at the appropriate time. The new act provides transitional arrangements in terms of which Naspers has until 1 May 2013 to adopt a new memorandum of incorporation.
|