BOARD INDUCTION AND TRAINING

A formal induction programme is in place for new board appointees which includes a pack of the recent annual and interim reports, board minutes of meetings conducted over two years and a timetable of upcoming board meetings. The inductees are introduced to key management and are taken on various site visits. The company secretary in consultation with the chief executive officer will arrange specific training for directors to keep abreast of new regulatory changes. In the year under review, a presentation by our sponsor on the JSE Listing Requirements was arranged.

During the year, a site visit of the King Shaka International Airport in KwaZulu-Natal was arranged to coincide with the November 2009 board meeting. The directors gained first-hand knowledge of the project as explained by the projectís director.

The board encourages the directors to update and enhance their skills and knowledge through training and constructive engagement. In addition, they are kept abreast of changes and trends in the construction industry with particular emphasis on the groupís interests and involvements.