1. General
Review and development of Operational Policies in the following areas:

1. Share Policy
2. Savings Policy
3. Investment Policy
4. Corporate Governance Policy
5. Financial Management Policy
6. Personnel Governance Policy

OTHER POLICY DOCUMENTS DISCUSSED AND INTRODUCED WERE:

1. Staff Conditions of Service
2. Procurement Policy; and
3. Staff Performance Appraisal document, which is being finalized

In addition, a Cash Management Policy, initiated during the year under review is now operational. As a result of the problems the Society encountered during the 2014/2015 Audit period the Board established an Audit Preparatory and Welcoming Committee in June, 2016 which efficiently facilitated this year’s (2015/2016) Audit Process.