INSTITUTIONAL INTEGRITYCORPORATE GOVERNANCE – THE SANRAL WAY

摘要

It is now universally accepted that ‘Corporate Governance’ is not a buzzword to impressthe audience, but a corner-stone practice within all spheres of the socio-economic arena.The investor populace will pay a premium for the assurance of proper governance.Whether it is building a prestigious freeway or a modest gravel road, proper governance isan imperative.This has been proven time and again at The South African National Roads Agency Limited(SANRAL). With core objectives such as the management of South Africa’s primary roadnetwork, ensuring best value for money and the preservation of financial marketconfidence, it is vital that the organization is a credible custodian of taxpayer and investorfunds.Having recognized that good corporate governance practice is crucial, SANRAL has set upa governance framework for its Board of Directors. Enterprise wide risk managementtranslates into the company’s Risk Register. An independently operated toll-free fraudhotline and fraud prevention and response plans are strong deterrents to corruption.The sustained demonstration of integrity and interpersonal respect underpin individual andorganizational behaviour and form the essence of governance and institutional integrity –these are the values that the SANRAL team strives to develop, nurture and uphold for itsstakeholders.