Senwes Integrated Report 2022 | Page 13

QUARTER 2 :

CORPORATE GOVERNANCE FINANCIAL REVIEW

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QUARTER 2 :

1 AUGUST 2021 – 31 OCTOBER 2021
1 . The first intake of Senwes ’ Executive Leadership Programme , Game Changers , graduated . A group of 24 delegates completed the Senwes Advanced Management Programme .
2 . Senwes held its first annual general meeting , by entirely using virtual communication facilities .
3 . Senwes paid the final and special dividends as declared in the 30 April 2021 financial statements , whilst Agribel issued a scrip dividend alongside a cash dividend .
4 . Senwes and Agribel delisted from the ZARX stock exchange and listed on an over-the-counter ( OTC ) platform on 15 October 2021 .
5 . Senwes concluded facilities with Nedbank Limited as a key strategic funding partner .
6 . KLK ’ s subsidiary , SA Dorper , introduced short time in the Skins division to counter the impact of over-supply of skins .
7 . KLK upgraded the Kathu Built-It store .
8 . KLK acquired the remaining 3,1 % non-controlling interest ( NCI ) in Carnarvon Abattoir and now owns 100 % of the issued shares .
9 . Falcon / Staalmeester started the ISO 9001 accreditation process with the intention to be accredited by the end of 2022 .
10 . Steady recovery in food and beverage samples for micro-biological testing by NviroTek Wynland , after the Covid-19 pandemic in 2020 caused a slump in the hospitality industry .
11 . Senwes developed a SHEQ-communication strategy , which involves training videos of high-risk activities and induction training videos . The training videos are distributed to all the applicable operational sites to enable managers to address critical safety and health areas .
12 . Agrinet commenced negotiations with various large retail groups to list new product ranges and explore opportunities to introduce the entire Agrinet product range .
13 . Senwes Equipment struggled with stock availability and delays as a result of certain foreign factories suspending production due to Covid-19 restrictions . Lead times increased by three to four months on John Deere whole goods orders , and four to seven months on parts and components . The risk of lost sales was mitigated by intensive planning and continuous communication with clients .
SENWES INTEGRATED REPORT 2022
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