therefore operate within a sound corporate governance framework in order to give all its stakeholders the assurance that the organisation is operated, managed and governed in a manner which is appropriate to a non-profit organisation.

The corporate governance landscape in South Africa has changed significantly during the past decade, as a result of corporate governance scandals in both the public and private domain. The result of these governance catastrophes was the publication of the Third King Report on Corporate Governance (King 3), in addition to the promulgation of the Companies Act of 2008.

When the 2001 King Report was issued, the SANBS Board recognised that various changes were required to the SANBS governance structure in order to comply with the report. These changes were implemented as appropriate. With the implementation of the King 3 Report and 2008 Companies Act, the SANBS Board must realise that corporate governance is a continuously evolving process. The Board, therefore, must be prepared to reassess its corporate governance framework on a regular basis, in order to take cognisance of changes to SANBS’ internal and external environment, as this will be the only way of ensuring that SANBS remains sustainable into the future.

SANBS has now embarked upon a process to ensure that it complies with:

• The requirements of the Companies Act 2008
• The requirements of the King 3 report
• All relevant legislation, and
• Appropriate codes of good practice

The Board recognises that any processes implemented must be flexible to ensure that SANBS is able to respond swiftly and appropriately to the challenges of the health services sector.

Should you have tip-offs, please note that you may utilise the intranet https://www.tip-offs.com/ or 0800 20 40 75 or email sanbs@tip-offs.com.

1. We Expect in Our People
• Integrity and honesty to guide their daily actions.
• Due diligence and proficiency in all business activities.
• Compliance to all legal and regulatory requirements.
• Prohibition from soliciting or accepting anything of value including gifts, entertainment, or other favors from any supplier or other stakeholder of SANBS unless such acceptance is disclosed.
• Acceptance of staff gifts only as a tool of trade and a celebration of a specific achievement.
  
  
2. We want Employees to ensure we are a Customer Focused Organization
• Provide the highest standard of service to stakeholders and maintain a helpful and cooperative attitude towards them.
• Respect and protect the privacy and confidentiality of our stakeholders, and not disclose any information about SANBS or our stakeholders unless such disclosure is compelled by law or regulatory authorities.
  
  
3. We Promote Transparency and Expect Employees to Manage Conflicts of Interest
• Ensure that our personal interests do not conflict with our duties within SANBS.
• Maintain factual and complete records to promote the highest degree of integrity.
• Obtain the necessary approvals before publicly representing self or submitting work for publication.
  
  
4. We Want Employees to Protect & Manage SANBS’s Assets
• Employees are responsible for safeguarding SANBS physical assets and intellectual property, and must report any fraud or theft of such property immediately.
  
  
5. We Are an Equal Opportunity Employer and Promote Equality & Meritocracy
• We treat all our employees, stakeholders, suppliers and others with respect and dignity and value their individual differences.
• SANBS shall not tolerate any act of discrimination against any person on the basis of race, religion, colour, gender, age, marital status, national/ethnic origin, sexual orientation, citizenship or disability.
  
  
6. We Are Committed Towards Creating & Maintaining a Safe Work Place
• SANBS has zero tolerance of any form of abuse against any employee or property.
• SANBS fosters well-being and health of its employees and prohibits the use of illicit substances.
• SANBS staff shall at all times obey all health and safety rules.
  
  
7. Observance of Code
• It is the duty and responsibility of each employee to understand and adhere to the principles provided in this Code and any violation will be addressed