The objective of the Attacq Board is to support management in the development of sound strategies that will ensure sustainable performance and value creation for shareholders. Compliance with corporate governance best practice, such as King III, plays a significant role in this. The Board is committed to ensuring that the appropriate oversight is maintained, and that the Group retains its agility and entrepreneurial flair.

The Board sets the strategic objectives of Attacq and determines Attacq’s investment and performance criteria. It is also responsible for the sustainability of the company, proper management, control, compliance and ethical behaviour of the businesses under its direction.

BOARD OF DIRECTORS

The Board sets the strategic objectives of Attacq and determines Attacq’s investment and performance criteria. It is also responsible for the sustainability of the company, proper management, control, compliance and ethical behaviour of the businesses under its direction.

PIERRE
TREDOUX

INDEPENDENT NON-EXECUTIVE CHAIRPERSON

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MELT
HAMMAN

CHIEF EXECUTIVE OFFICER

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THYS
DU TOIT

INDEPENDENT NON-EXECUTIVE
DIRECTOR

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HELLEN
EL HAIMER

INDEPENDENT NON-EXECUTIVE DIRECTOR

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IPELENG
MKHARI

INDEPENDENT NON-EXECUTIVE DIRECTOR

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KENEILWE
MOLOKO

INDEPENDENT NON-EXECUTIVE DIRECTOR

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BRETT
NAGLE

INDEPENDENT NON-EXECUTIVE DIRECTOR*

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RAJ
NANA

CHIEF FINANCIAL OFFICER

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STEWART
SHAW-TAYLOR

INDEPENDENT NON-EXECUTIVE DIRECTOR

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JOHAN
VAN DER MERWE

INDEPENDENT NON-EXECUTIVE DIRECTOR*

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JACKIE
VAN NIEKERK

CHIEF OPERATING OFFICER

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BOARD SUBCOMMITTEES

The governance framework establishes a Board subcommittee structure that supports the Board in the execution of its duties. Each subcommittee has been delegated authority to enable effective control. Roles and responsibilities for each committee is defined by the Board.

The Committee’s roles and responsibilities include:

  • Planning, implementing and monitoring the Group’s strategy for transformation
  • Monitoring compliance with legislation
  • Monitoring employment equity and fair labour practices
  • Monitoring good corporate citizenship and the Group’s contribution to the development of communities
  • Driving environmental responsibility and sustainability matters
  • Formulating and implementing a green policy throughout the Group
The Committee’s roles and responsibilities include:

  • Providing the Board with additional assurance regarding the efficacy and reliability of the financial information used by the Directors to assist them in the discharge of their duties
  • Reviewing interim and Annual Financial Statements and the Integrated Report
  • Overseeing the internal audit function
  • Ensuring that significant business, financial and other risks have been identified and are being managed suitably
  • Ensuring independence of external auditors and overseeing the external audit process
  • Ensuring good standards of governance, reporting and compliance are in operation
The Committee’s roles and responsibilities include:

  • Identifying and nominating new directors for approval by the Board
  • Ensuring that appointments to the Board are formal and transparent
  • Approving the classification of directors as independent
  • Overseeing induction and training of directors and conducting annual performance reviews of the Board and Board committee
  • Overseeing an appropriate separation between executive, non-executive and independent directors
  • Ensuring the proper and effective functioning of the Group’s various Boards of directors
  • Reviewing the Group’s Board structures, the size and composition of the various Board committees and making recommendations
The Committee’s roles and responsibilities include:

  • Reviewing the Group’s investment strategy
  • Setting investment targets and criteria
  • Approving strategic investments
  • Approving proposals for development, acquisitions and possible disposals

APPROACH TO COMPLIANCE

Responsible corporate citizenship is a key component of Attacq’s growth strategy, strategic decisions, audits and assessments. As a key component of Attacq’s growth strategy, the Board is committed to achieving the highest standards of corporate governance. Attacq is committed to complying with all legislation and regulations applicable to its business.

The Board recognises the need to conduct the business in accordance with the principles of King III, and strives to meet the KING III objectives. These principles include discipline, independence, fairness, social responsibility, transparency and the accountability of directors to all stakeholders. The Group continues to apply the principles of King III.

King Code of Corporate Governance checklist 2017

Attacq is committed to the principles of preferential procurement and enterprise development. The company understands the need for sound business development and support. Attacq focuses on certain key elements aimed at business growth and job creation.

External Development Programmes:

  • Attacq’s partnership with Royal Bafokeng enterprise development, benefited more than 30 small medium micro enterprises (SMMEs)
  • Several SMMEs benefited through Attacq’s partnership with Property Point – these SMMEs participated in a one-year enterprise development programme
B-BBEE is monitored through the Transformation, Social and Ethics Committee.

Attacq achieved a Level 2 rating under the property charter and supports various enterprise and suppliers’ development initiatives.

View the B-BBEE certificate

View the Form B-BBEE Annual Compliance Report 2018

View the Form B-BBEE Annual Compliance Report 2017

Our commitment to B-BBEE and our strategy of invest, develop and grow, ensures that we identify and focus on long-term sustainable development through programmes committed to local procurement, enterprise and supplier development and our various CSI initiatives.

In alignment with local and international law the Attacq Group of Companies conduct business with the utmost integrity and do not condone any form of unethical behaviour which includes any form or corruption. We are committed to the principles of transparency, integrity, fairness and accountability.

Attacq has the following policies in place. To read more about these, please click on the links below:

Effective risk management plays an integral part in ensuring that the Group’s strategic intent and performance targets are met. Attacq has implemented enterprise risk management which is reviewed and amended by the Audit and Risk Committee annually.

The enterprise risk management outlines and prescribes the risk management process and is applicable across the Group and its subsidiaries. Attacq’s enterprise risk management process is based on the ISO 31000: 2009 – risk management principles and guidelines.

The Board takes ultimate responsibility for risk management and has delegated oversight responsibility to the Audit and Risk Committee. Management has to ensure effective systems are in place to manage risk.

In line with our desire to maintain high standards of ethical conduct, ethics, insider trading and anti-corruption training are included in the quarterly induction for new employees and repeated annually. Our employees are encouraged to report any form of unethical behaviour anonymously to an independent external whistleblowing service provider. The contact details for the whistleblowing hotline are as follows:
Toll free: 0800 111 609
E-mail: attacq@whistleblowing.co.za
Web: www.whistleblowing.co.za

Internal audit
The Group acknowledges the importance of an independent, strategically-alignedIn alignment with local and international law the Attacq Group of Companies conduct business with the utmost integrity and do not condone any form of unethical behaviour which includes any form or corruption. We are committed to the principles of transparency, integrity, fairness and accountability.

Attacq has the following policies in place. To read more about these, please click on the links below:

In line with our desire to maintain high standards of ethical conduct, ethics, insider trading and anti-corruption training are included in the quarterly induction for new employees and repeated annually. Our employees are encouraged to report any form of unethical behaviour anonymously to an independent external whistleblowing service provider. The contact details for the whistleblowing hotline are as follows:
Toll free: 0800 111 609
E-mail: attacq@whistleblowing.co.za
Web: www.whistleblowing.co.za
internal audit function to assist the Audit and Risk Committee in discharging its responsibilities. The internal audit function is outsourced to PwC Advisory Services and reports directly to the Audit and Risk Committee. They have free and unrestricted access to all areas within the Group.

External audit
Deloitte & Touche is the external auditor of Attacq and its subsidiaries. The independence of the external auditor is recognised and reviewed annually by the Audit and Risk Committee.

Internal audit
The Group acknowledges the importance of an independent, strategically-aligned internal audit function to assist the Audit and Risk Committee in discharging its responsibilities. The internal audit function is outsourced to PwC Advisory Services and reports directly to the Audit and Risk Committee. They have free and unrestricted access to all areas within the Group.

External audit
Deloitte & Touche is the external auditor of Attacq and its subsidiaries. The independence of the external auditor is recognised and reviewed annually by the Audit and Risk Committee.