regulation and/or policy, the Group employees may accept a gift from a supplier unless the following elements exist: The gift is R500 or less in value for tangible gifts (gifts in the form of cash and cash equivalents are not permitted); Acceptance is consistent with the Group business practices and the Group’s Ethics Policy, and; Acceptance of the gift does not violate any applicable South African or International law, regulation and/or policy.
Conflicts of Interest Suppliers may not enter into a financial or any other relationship with employees of the Group that creates any actual or potential conflict of interest. A conflict of interest arises when the material personal interests of the Group employee are inconsistent with the responsibilities of his/her position with that Group company. All such conflicts are prohibited and if in existence, must be disclosed and corrected. Even the appearance of a conflict of interest can be damaging to the Group and to the supplier.
Competition Law Compliance The Group suppliers must not fix prices or “rig” bids with the Group’s competitors. Suppliers may not allocate customers or markets with our competitors, or exchange current, recent, or future pricing information with our competitors. Suppliers must comply with all applicable antitrust and competition laws.
Quality Commitment Suppliers must commit to supply products that conform in all respects with the requirements of contracts with the Group including, in particular, all applicable quality requirements.
Anti-Corruption Commitment Suppliers are required to maintain the highest standards of integrity in all business interactions. Any and all forms of corruption, such as bribery, extortion or embezzlement, are strictly prohibited. The use of the term corrupt and/or corruption is as indicated in the South African Prevention and Combatting of Corrupt Activities Act No. 12 of 2004. The Group will not tolerate a Supplier being involved in corrupt activities, whether offering, promising, soliciting, demanding, giving or accepting, either directly or indirectly, anything of value or behaving corruptly in the expectation of a bribe or an advantage. Suppliers are expected to observe all South African and all International anti-bribery and anticorruption laws, regulations and/or policies, including but not limited to the South African Prevention and Combatting of Corrupt Activities Act, 2004 (as amended); the UK Bribery Act, 2010 (as amended); the US Foreign Corrupt Practices Act, 1977 (as amended).
Political Contributions and Charitable Donations on the Group’s Behalf Suppliers are not authorised to make any type of political contribution or charitable donations on the Group’s behalf.
Ethical Concerns Suppliers must notify the Group Audit and Risk Manager or Group Legal Director regarding any known or suspected improper behaviour relating to dealings with the Group, or any known or suspected improper behaviour by the Group employees or agents. Group Audit and Risk Manager or Group Legal Director - 031 242 8500 Anonymous Tipp-off Hotline: 0800 003 224 Email: firstname.lastname@example.org
Supplier Ethics Policy