{"id":65,"date":"2019-07-19T07:25:55","date_gmt":"2019-07-19T07:25:55","guid":{"rendered":"https:\/\/designislife.co.za\/FreePort\/?page_id=65"},"modified":"2022-08-25T10:47:29","modified_gmt":"2022-08-25T08:47:29","slug":"governance","status":"publish","type":"page","link":"https:\/\/designislife.co.za\/FreePort\/about-us\/governance\/","title":{"rendered":"Governance"},"content":{"rendered":"\r\n<p><em>Responsible corporate citizenship and sound governance practices are paramount to our collective success.<\/em><\/p>\r\n\r\n\r\n\r\n<p>Our practices reflect national and international best practices. They are regularly reviewed and adapted to accommodate new developments and stakeholder requirements.<\/p>\r\n\r\n\r\n\r\n<p>The Saldanha Bay Industrial Development Zone Licencing Company (SBIDZ-LC)*, trading as Freeport Saldanha, has a Board of Directors that support the principles of the King IV Report on Corporate Governance for South Africa. Where applicable and practical, the Board will implement these principles.<\/p>\r\n\r\n\r\n\r\n<p><em>*\u00c2\u00a0<\/em>As a 3D state-owned entity, the operation and management of SBIDZ-LC, trading as Freeport Saldanha, is governed primarily by the provisions of the Companies Act, the SBIDZ-LC Companies Act (Provisional Legislation), the company\u00e2\u20ac\u2122s Memorandum of Incorporation (MOI) and Shareholder\u00e2\u20ac\u2122s Compact. Freeport Saldanha is also subject to and regulated by the <a href=\"https:\/\/www.gov.za\/documents\/public-finance-management-act\">PFMA<\/a> and <a href=\"https:\/\/www.gov.za\/documents\/special-economic-zones-act\">the Special Economic Zones Act<\/a>.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Responsible corporate citizenship and sound governance practices are paramount to our collective success. Our practices reflect national and international best practices. They are regularly reviewed and adapted to accommodate new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":390,"parent":46,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/governance.php","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v20.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Governance - FreeportSaldanha<\/title>\n<meta name=\"description\" content=\"FSIDZ Governance - Responsible corporate citizenship and sound governance practices are paramount to our collective success.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/designislife.co.za\/FreePort\/about-us\/governance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Governance\" \/>\n<meta property=\"og:description\" content=\"FSIDZ Governance - 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