The Daily-Need Group, understands that good corporate governance is fundamental to earning the trust of our stakeholders, which is critical to sustaining the organisation’s success and preserving shareholder value. In line with this philosophy, the board is committed to adopting sound governance practices. To ensure that these values are maintained and to establish sound corporate governance at all levels, Daily-Need’s directors and management have instituted a framework that includes the production and circulation of the Code of Business Conduct and measures for its enforcement, such as on-line training. The Daily-Need Group maintains and regularly updates its Code of Business Conduct, which is applicable to all employees and long-term contractors.

Codes and Regulations

Compliance with all applicable legislation, regulations, standards and codes is an essential characteristic of organizational culture. The Board monitors compliance with these by means of management reports, which include information on any significant interaction with key stakeholders including the group’s various regulators.