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Hearts and minds

‘Hearts’ is all about the people in the company:

motivation,

engagement, talent, the very central role of the manager,

communication and inspiring people around the strategy.

‘Minds’ is all about reputation:

managing our corporate reputation,

our approach to governance, risk and compliance and regulation,

stakeholder management, public relations and corporate affairs.

How we will achieve these

•

Develop high-performance culture and talent by building a working

environment that fosters a productive and positive culture.

•

Manage reputation proactively by embracing a stakeholder

management framework that ensures shared value creation.

•

Step up risk management, governance and transparency

by actively managing risk and compliance.

Our 2022 aspirations

Lead market in

employee NPS

Improve

employee

engagement

Enhance

reputation

Ensure effective

risk and compliance

practices

Details of our performance in 2017

• Introduced modernised work spaces and collaboration technology as well as

plans to build a great MTN culture to achieve the employee experience we

target.

• Improved employee engagement and motivation; recruited specialist skills.

• Considered a revised stakeholder management approach to ensure

stakeholder inclusivity and responsible corporate citizenship.

• Prepared to introduce a more integrated approach to CSI in pursuit of shared

value by making better use of MTN’s skills, assets and other institutional

capabilities and ensure that this work is integrated into initiatives to deliver

on BRIGHT.

• Reviewed MTN’s risk management structures and policies and introduced

new risk appetite and tolerance methodology.

• Started to split the functions of risk and compliance (the second line of

defence) and internal audit (the third line of defence) to strengthen the risk

and control environment. Calculated risk-bearing capacity and applied this

through the revised risk tolerance and appetite framework.

50

MTN Group Limited

Integrated Report 2017