Legal and regulatory environment
Legal and regulatory compliance is an important part of Vodacom’s corporate governance structures due to our geographic spread. We need to adhere to various license and other legal requirements in the countries we operate in. Vodacom has a dedicated legal and regulatory group headed by Nkateko Nyoka, Chief Officer: Legal and Regulatory. This group is responsible for:
engaging with the relevant regulatory authorities; |
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advising and assisting the organisation to implement license conditions; and |
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monitoring, providing awareness training and development, and implementing policies and procedures to make sure we comply with all applicable laws, regulations, codes, and standards in the jurisdictions in which the Group operates. |
Compliance-related activities over the past financial year included making submissions on:
mobile termination rates; |
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extending the deadline for the registration of subscribers under the Regulation of Interception of Communications and Provision of Communication-Related Information Act (‘RICA’); |
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the Consumer Protection Act and related regulations; |
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radio frequency spectrum regulations; |
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regulation in the code of conduct on sale, lease, rental and subsidisation of subscriber equipment; |
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Universal Services obligations review process; |
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the new Companies Act; |
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proposed amendments to South Africa’s labour laws, i.e. the Basic Conditions of Employment Act, the Labour Relations Act and the Employment Equity Act; |
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ongoing implementation of the Group’s anti-corruption, money laundering and terrorist financing programme; |
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establishing a legal compliance monitoring framework; and |
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aligning policies and procedures with Vodafone. |
South Africa
Lesotho
Mozambique
Tanzania
DRC