Stakeholders who help us create value

 

   Strong relationships

   Cordial relationships

   Weak relationships

 
KEY                
Our operational and financial performance Liquidity restrictions in the Rest of Africa Macro-economic environment People, safety, skills and transformation Uncertain regulatory and policy environment

Shareholders and other funders

 

Key issues

  • Strategy and performance
  • Reduction of dollar-denominated debt
  • Share buy-back
  • Repatriation of funds from Angola, Nigeria and Zimbabwe
  • Debt covenants
  • Payment of dividends
 

Our actions

  • Held an investor day to communicate with analysts and shareholders
  • Agreed disposal of Glass and Cartons Nigeria and announced planned disposal of Plastics in Europe
  • Transferred R3.2 billion from Angola, Nigeria and Zimbabwe
  • Ensured that we remain within agreed debt covenants
   

Employees

 

Key issues

  • Health and safety in the workplace
  • Ongoing skills development
  • Restructuring and job losses as a result of rationalisation
  • Performance management
  • Morale
 

Our actions

  • Lost-time injury frequency rate (LTIFR) deteriorated to 0.34 from 0.27 in 2018 but was still well below the level of 0.89 in 2015
  • Nampak Bevcan Nigeria achieved three million injury-free hours in 2019
  • 280 employees completed various training programmes across all levels
  • Continued to inform employees on the group's strategy and restructuring
   

Trade unions

 

Key issues

  • Relationships with our unions
  • Continual restructuring of the business
  • YES programme
  • Nampak Enterprise Bargaining Forum
  • Wage negotiations
 

Our actions

  • Implemented Nampak Enterprise Bargaining Forum year three agreement
  • Achieved full union support for the YES programme
  • Concluded successful wage negotiations in all divisions
  • Involved unions in need to restructure with no untoward reaction
  • Negotiated and concluded a maintenance services agreement with three trade unions
  • Cemented our longstanding good partnerships with employees
   

Customers

 

Key issues

  • Retention of key customers amid increased competition
  • Loss of significant food can customer
  • Developing new customers in new markets
  • Expiry of some key contracts
  • Quality and innovation
 

Our actions

  • Reduced cost structure to become more competitive
  • Continued to invest in modern equipment
  • Introduced a liquid carton for water
  • Introduced an aluminium beverage can for water and wine
  • Provided quality products in full and on time
   

Suppliers

 

Key issues

  • Benefits of "buy better" initiative
  • B-BBEE procurement targets
  • Consistent supply of quality raw materials
 

Our actions

  • Centralised procurement to generate savings
  • Reviewed procurement policy
  • Examined spares procurement channel
  • Increased purchases from accredited B-BBEE suppliers
   

Industry bodies

 

Key issues

  • Waste management
  • Public pressure on use of plastic packaging
  • Tax on sugar-sweetened beverages
  • Weak manufacturing activity in South Africa
 

Our actions

  • Engaged with forums on waste management plans
  • Reduced the sizes of beverage cans
  • Supported and continued to participate in the Manufacturing Circle's efforts to stimulate manufacturing
   

Government and regulators

 

Key issues

  • Compliance with good governance and regulatory requirements
  • Sound relations with local authorities
  • Increased demand for rHDPE in the UK
 

Our actions

  • Maintained comprehensive governance policies and practices
  • Complied with JSE and revenue authorities
  • Engaged constructively with municipalities
  • Used increasing quantities of recycled product in the manufacture of plastic bottles
   

Communities and civil society

 

Key issues

  • Supporting the communities in which we operate
  • Contributing to secondary and tertiary education
  • The need for environmental education
 

Our actions

  • Contributed R5.4 million to social investment
  • Contributed R7.1 million to the YES4Youth programme
  • Granted bursaries totalling R2.4 million