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Governance Policy for H&L Consulting 

 

1. Introduction

H&L Consulting  is committed to maintaining the highest standards of corporate governance, ethical conduct, and compliance with South African laws and regulations. This Governance Policy outlines the principles, structures, and processes that guide decision-making, accountability, and transparency within the company.

2. Purpose

The purpose of this policy is to:

  • Ensure compliance with the Companies Act No. 71 of 2008, King IV Report on Corporate Governance, and other relevant legislation.

  • Promote ethical business practices and accountability.

  • Define roles and responsibilities of the board, management, and employees.

  • Mitigate risks and enhance stakeholder confidence.

3. Governance Principles

H&L Consulting adheres to the following governance principles:

  • Accountability: Clear roles and responsibilities for decision-makers.

  • Transparency: Open communication with stakeholders.

  • Integrity: Ethical conduct in all business dealings.

  • Fairness: Equitable treatment of employees, clients, and suppliers.

  • Responsibility: Sustainable and socially responsible business practices.

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4. Management & Delegation

  • The Managing Director (MD) is responsible for day-to-day operations and strategic decision-making.

  • Senior management must implement company policies and report on performance.

  • Delegation of authority must be documented and reviewed periodically.

5. Ethical Conduct & Compliance

  • All employees and management must adhere to the H&L Consulting Code of Ethics.

  • Conflicts of interest must be disclosed and managed appropriately.

  • Compliance with BBBEE, Occupational Health and Safety Act (OHSA), and Construction Industry Development Board (CIDB) regulations is mandatory.

6. Risk Management & Internal Controls

  • A Risk Management Committee (or designated officer) shall identify and mitigate operational, financial, and legal risks.

  • Internal audits shall be conducted annually to ensure financial integrity.

7. Stakeholder Engagement

  • Regular communication with employees, clients, and suppliers.

  • A grievance mechanism shall be in place for stakeholder concerns.

8. Policy Review & Amendments

  • This policy shall be reviewed annually or as required by regulatory changes.

  • Amendments must be approved by management.

9. Enforcement & Disciplinary Actions

  • Non-compliance with this policy may result in disciplinary action, including termination.

  • Whistleblowing protections are in place under the Protected Disclosures Act.

10. Conclusion

H&L Consulting is committed to upholding strong governance practices to ensure long-term sustainability and trust with all stakeholders.