This is the fifth Integrated Report of Anglo African Investments Ltd (hereafter referred to as ‘Anglo African’ or ‘the Group’). We continue to benchmark ourselves against best global practices in the corporate reporting space, and have been guided by the principles and requirements in the International Financial Reporting Standards (IFRS); the International <IR> Framework; the King IVTM Report on Corporate Governance; and non-financial reporting such as the United Nations Sustainable Development Goals (SDGs); as well as the Companies Act 2001, as amended (Companies Act), for producing this report.
Reporting to Stakeholders
This integrated report is our primary report which serves to cater to the diverse range of stakeholders with varied information needs. We provide a range of communications aim at addressing our stakeholders’ requirements.
This integrated report focusses on material developments and matters, and provides pertinent related financial and non-financial performance indicators relevant to our stakeholders at large.
UN Sustainable Development Goals (SDGs)
Anglo African Group is committed to playing its role, as a private sector company, in the realisation of these goals. During the course of the year, our focus has been re-directed to the following nine SDGs: #1, 5, 8, 9, 10, 11, 12, 16 & 17. Our actions in each area have been summarised at the start of each chapter on pages 4, 8, 15, 29, 35, 41, 46, 51. Our approach to achieving these goals has been considered throughout this report and in the SDGs Mapping section of “Our Strategy” chapter.
Scope and Boundary
The 2021 annual integrated report covers the period starting 1st July 2020 to 30th June 2021 for Anglo African Group. Any material event after this date and up to the Group’s Board of directors’ (Board) approval on 17th December 2021 has also been included. The integrated report discusses our strategy, business model, operating context, material risks and opportunities, governance, and operational performance.
Over the last 3 years we have tested our business model in a challenging environment in which we experienced not just a change in leadership and having succession planning in action, but also the pandemic. This thorough and aggressive testing was particularly done on the business model in its use of Financial, Human, Relationship and Social, Technological, and Intellectual and Digital Capitals and how they interact with each other, how we generate revenue, what drives our profit, and how much shared value we create across our different Capitals. We believe that we have been very successful in our business model re-engineering to respond to market forces and disruptions, manage key risks and opportunities, and align with our strategic objectives.
In each of our Integrated Reports, we dedicate part of our thinking process to a long-term vision, how our industry would evolve, and our positioning. The theme of this Integrated Report is "Beyond Sustainability and Integrated Thinking". In this respect, our future is now closely knitted to our businesses that are reviewed quarterly to ensure alignment with our Business Model, Strategies, UN SDGs and our five Capitals.