presentation to parliamentary portfolio committee 15 november 2011
TRANSCRIPT
Presentation to Parliamentary Portfolio
Committee
15 November 2011
www.mg.co.za
In 1985 a little newspaper launched by Anton Harber and Irwin Manoim. A paper to give South Africa the news it was otherwise denied.
This paper would go on to challenge the apartheid state’s draconian restrictions on the media, and somehow it would survive
26 years, and many awards later, the M&G is still going strong, exposing wrong doing in high places, providing readers with the sharpest political commentary in the land, great business coverage and the most acclaimed arts writing in South Africa
The nature of such a paper is closely tied to the country it inhabits and reflects
OUR
UNCONVENTIONAL WISDOM
PAPER NEWS
Our emergence as a stand alone weekly title coincided with the first state of emergency and introduction of stringent press regulations
FOUR WAVES OF
1. Emergency: 1985 – 1990
DEVELOPMENT
www.mg.co.za
South Africa becomes a real democracy. We transform into the Mail & Guardian and The Guardian of London becomes a majority shareholder
FOUR WAVES OF
2. Reconstruction : 1991 – 1996
DEVELOPMENT
www.mg.co.za
From Mail & Guardian London, to ownership by Trevor Ncube in 2002. He recognised that the M&G would need to evolve and develop to meet the challenges of the new era. Readers wanted quality-controlled, value-added content, so we focused on investigative, analytical, innovative and insightful content. And robust engagement
FOUR WAVES OF
3. Transition : 1997 – 2004:
DEVELOPMENT
www.mg.co.za
www.mg.co.za
We take our watchdog role very seriously and have developed an M&G constitution that upholds our values and daily governance.We are deeply invested in a changing South Africa and a changing world. We continue to lead robust debate. In the last decade, the internet and other electronic media has dramatically expanded our reach.
FOUR WAVES OF
4. Growth: 2005 to present day: DEVELOPMENT
www.mg.co.za
8www.mg.co.za
We, the people of South AfricaRecognise the injustice of the past;Honour those who suffered for our freedom; Respect those who have worked to build our country; and Believe that South Africa belongs to all who live in it. We therefore adopt this constitution to lay the foundations for a democratic society in which government is based on the will of the people.
The M&GConstitution
99
The M&GConstitution
www.mg.co.za
We, the Mail & Guardian, recognise the need for a free and fair press, independent of editorial interference in anyway, and pledge our allegiance to delivering the news, every minute, every hour, every day, every week.
Directors &Shareholding
www.mg.co.za
Peter Vundla – Chairman
Trevor Ncube – Executive Deputy Chairman – 77.5% shareholder
Hoosain Karjieker – Chief Executive
Anastacia Martin – Publisher
Professor Nixon Kariithi – Independent Non Executive
Phibion Gwatidzo – Independent Non Executive
Jarek Gora – Representative of MDLF – 10% Shareholder
Sarah Davis – Representative of Guardian London – 10% shareholder
11
Ownershipand Control
www.mg.co.za
Independent Board that adheres to good corporate governance, and whose role is designed by Company Law
Independent Board appoints the Management team that ensures the financial well being of the company
Board appoints the Editor whose responsibilities are governed by internal Editorial codes, policies and procedures.
The Editor is guaranteed independence in deciding content, and this is written into the Memorandum and Articles of the company.
The company subscribes to the self governing mechanisms in the industry and the office of the Press Ombudsman.
1212
ManagementTeam
www.mg.co.za
Hoosain Karjieker – Chief Executive
Anastacia Martin – Publisher
Nic Dawes – Editor
Charmeela Bagowatt – Managing Editor
Mike Ntsasa – Head of Advertising
Maliga Royappen – Head of Finance
131313
Skills Development
www.mg.co.za
• Guardian Internship Programme in existence for 16 years • Trains average of 4 journalists every year, 80% black • Graduates include:
Mondli Makhanya, - Avusa Editor in Chief
Ferial Haffajee, - Editor City Press
Phil Molefe, - Acting CE SABC
Linda Rulashe – Acting Editor Sunday Sun
Wally Mbhele – Editor Sunday World
Mzi Malunga – MD of Business Day Financial Mail
Thandeka Gqubule
Musa Zondi
Jubie Matlou
141414
Enterprise Development
www.mg.co.za
• Acquired, invested in and developed a regional distribution network infrastructure across the country
• Invested in the expansion of The Teacher newspaper, a monthly education journal that reaches every school
• Launched the Mail & Guardian Centre for Investigative Journalism in 2009 that focuses on advocacy work, and training in addition to the core investigative journalism performed by the team.
15151515www.mg.co.za
Committed to following the PMSA’s lead on Transformation of sector
M&G subscribes to the PMSA who has adopted for the industry the B-BBEE Codes of Good Practice as the common transformation measurement and for goal setting. The DTI codes are a legislated document and print media’s communication on the benchmarking against them will be solid and consistent
PMSA embarked on a transformation initiative, measuring transformation within its member collective from 2010, includes the M&G.
M&G’s commitmentto Transformation
1616161616
BEE Scorecard
www.mg.co.za
In terms of a study undertaken by BEE Online, M&G Media presents as a Level 5 BEE Contributor to broad based BEE with a score of 62.77 points.
Ownership - 0 points
Management Control – 11 points
Employment Equity – 10.55 points
Skills Development – 8.16 points
Preferential Procurement – 13.06 points
Enterprise Development – 15 points
Socio-economic Development – 5 points
17
THANK YOU