Stakeholders

In this report we have identified material issues and risks that could impact the stakeholders of Merafe and the Venture. These issues and risks were identified during engagements that Merafe and the Venture had with their stakeholders. We provide an overview of our stakeholders' issues on this page and a table setting out our stakeholders, our methods of engaging with them and the issues arising from these engagements. This forms part of our online report and can be found in our 2023 online report under stakeholders. The material issues are set out in material issues of this report and our approach to risk can be found in approach to risk management.

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Providers
of debt

Impact of Rand/US Dollar exchange rate on cash flows

Impact of ferrochrome prices on cash flows

Risk management

Ability to repay borrowings

Compliance with covenants

Operational performance

Government
and regulators

Job creation

Regulatory compliance

Tax compliance

Employment equity

Empowerment credentials

Health and safety

Merafe
employees

Health and safety

Remuneration, incentives and benefits

Career opportunities

Training and skills development

Our partners
in the Venture

Sustainability

Accountability and transparency

Risk management

Financial stability

Empowerment credentials

Alignment of interests

 
Suppliers

Historically Disadvantaged South Africans (HDSA) procurement requirements

Contract terms

Payment terms

Assurance
providers

Regulatory compliance

Governance

Internal controls

Transparency

Shareholders and
investors

Potential for future returns

Impact of Rand/US Dollar exchange rate on cash flows

Impact of ferrochrome prices on cash flows

Project progress and funding

Sustainability

Impact of industrial action

Safety record

Good governance

The Venture

 
Customers

Pricing

Product availability

Quality of product

Contract terms and delivery

Reliability of supply

Government and
regulators

Job creation

Training and development

Black empowerment credentials

Employment equity

Environment

Regulatory compliance

Compliance with Mining Charter

Mining rights

Health and safety

Venture
employees

Health and safety

Career opportunities

Training and skills development

Consultation on future operational changes

Employment equity

Housing benefits

Workers' rights

Remuneration, incentives and benefits

 
Communities

Infrastructure development

Job creation

Enterprise development

Local employment opportunities

Portable skills development

Local procurement

Stakeholder responsiveness

Corporate social investment

Environment

 
Suppliers

Contract terms

Payment terms

HDSA procurement requirements

Assurance
providers

Regulatory compliance

Governance

Internal controls

Transparency

 
Trade unions

Training and skills development

Consultation on future operational changes

Employment equity

Housing benefits

Workers' rights

Remuneration, incentives and benefits

Health and safety