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Integrated annual report 2011 to the shareholders of Phuthuma Nathi Investments Limited

MultiChoice South Africa Holdings (Proprietary) Limited


Transformation is a strategic imperative for MultiChoice. Various ongoing initiatives are developing appropriate skills and responsible procurement practices.

MultiChoice maintained its status as a level 4 contributor. We are proud of our broad-based black economic empowerment (BBBEE) status, particularly the areas of ownership (over 100% score), employment equity (75%), preferential procurement (87%) and management control (82%). Going forward, as part of our strategy, we will continue to focus on skills, enterprise and socio-economic development. After our successful empowerment transaction in 2006, when 120 000 new shareholders were introduced, the group has maximum points for shareholding. Its recent initiatives to promote the local film industry will improve scores for enterprise development (see here).