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The essence of corporate governance is based on the spirit of free enterprise principles and integrity. The duty to act in good faith in the interest of Sedibeng Water does not end with the Board, but encompasses all employees as well as all other parties concerned. Good relations between all parties require honesty, openness and fairness. Each and every employee is expected to apply sound judgment in deciding on the most ethical means of dealing with any situation involving customers, competitors, suppliers, the public and fellow employees in general.
Against this background, the Board of Sedibeng Water has approved a Code of Conduct for both employees and the Board on 22 September 2006. This Code of Conduct is effective from the date of approval and all employees are encouraged to observe and abide by this Code.
The purpose of the Code is to support Sedibeng Water’s vision, mission and values by informing employees of acceptable and unacceptable conduct and/or behaviour. The Code of Conduct is applicable to all current and potential employees of the organisation as defined in the Basic Conditions of Employment Act and/or the Labour Relations Act, unless specified otherwise in the document and/or any other policy or rules and regulations of the organisation.
The Code of Conduct gives directives on issues such as:
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