In terms of corporate governance and compliance, ongoing progress had been made at Infraco in establishing and implementing business processes, organisational controls, and compliance and governance practices, which resulted in clean Public Finance Management Act (PFMA) and compliance audits for the reporting period. The Board of Directors was actively involved in charting the strategic direction for the organisation. They provided effective oversight of the activities and operations of the company. Infraco developed and maintained a risk management policy and strategy, a fraud prevention plan and a whistle-blowing policy in the year under review.