THE BUSINESS
GOVERNMENT AND REGULATORS
To be a responsible corporate citizen that is legally compliant,
manages legal risks and maintains effective and efficient
corporate business administration processes, which
enables Senwes to operate within the legislative parameters
and to report to regulators on a continuous basis.
To maintain a sound relationship with our local, provincial
and national regulators.
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TAX PAID
R’m
140
120
100
80
ISSUES DURING THE YEAR
� Political uncertainty in the agricultural sector.
� Land expropriation without compensation.
� Regulatory environment with new legislation being enacted
continuously.
� Deterioration of state-owned entities.
� Deterioration of infrastructure and amenities such as water,
electricity and roads.
� Covid-19 pandemic and announcement of state of emergency
in terms of the Disaster Management Act, 2002.
COMPANY’S RESPONSE TO THESE ISSUES
� Senwes actively participated in discussions by providing guidance
and input to government structures.
� Senwes, through its relationship with the Agricultural Business
Chamber, Agbiz, is participating in the proposed amendment
of section 25 of the Constitution.
� Sound relationships with regulators.
� Proactive identification of legislative universe and changes
thereto.
� Senwes has monitoring and reporting structures in place which
provide combined assurance.
� Senwes appointed a dedicated liaison officer to, inter alia, resolve
relevant issues with state-owned entities.
� Implementation of solar panels and the supply of water in selected
rural areas.
� Covid-19 Crisis Committee consisting of the executive directors
and representatives from the SHEQ, Legal and HR divisions,
which is able to respond to the state of emergency expediently.
60
40
20
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2011 2012 2013 2014 2015 2016 2017 2018 2019
2020
SENWES INTEGRATED REPORT 2020
37