| Year 2015 | Year 2014 |
|---|---|
| MUR 339Mn | MUR 259Mn |
| Year 2015 | Year 2014 |
|---|---|
| MUR 22.5Mn | MUR 9.5Mn |
| Year 2015 | Year 2014 |
|---|---|
| MUR 18Mn | MUR 7Mn |
| Year 2015 | Year 2014 |
|---|---|
| 3.3% | 4.5% |
| Year 2015 | Year 2014 |
|---|---|
| 5% | 3% |
| Year 2015 | Year 2014 |
|---|---|
| MUR 47.5Mn | MUR 42.5Mn |
| Year 2015 | Year 2014 |
|---|---|
| 34% | 20% |
| Year 2015 | Year 2014 |
|---|---|
| 5% | 25% |
| Year 2015 | Year 2014 |
|---|---|
| 123 | 100 |
Anglo African is an information technology firm, headquartered in Mauritius, with fully owned subsidiaries in Madagascar, Rwanda, Zambia and Zimbabwe and sales offices in Djibouti and Reunion. We employ over 100 Certified ICT Professionals. During the last 8 years, through a three-pronged strategy of Innovation, Financial discipline and Talent Empowerment, we have managed to break into and maintained key global accounts. This places the company well on track to reach our target to derive over 50% of our Group’s Revenue from African operations by end-2017, from nearly 20% last financial year.
We are a strong player in the Enterprise ICT space in areas such as Hardware [Servers, Storage, DataCom & UnifiedCom] , Software [Database, Virtualisation, Redundancy and Collaborative], Applications [ERP, CRM, Digital, Web, Mobile, Data Analytics and IT Security], Connectivity [FTTC, FTTH and FTTA] and Devices [Smartphones, Tablets, Displays and Connected Objects]. Strategic partnerships have been critical to achieve this performance with global technology organisations such as Oracle, IBM, Microsoft, Symantec, Google, Apple, Facebook and Others; ‘‘Our Business Partners’’. Our objective is to become the leading player in the «Cloud, Analytics, Digital and IOT» space in the markets that we operate which has proved successful up to now contributing nearly 10% of our Group revenue.
This is our first annual report and we have decided to benchmark ourselves with global best practice Standards. In preparing this report, we have been inspired by the UK Corporate Governance Code (formerly the Combined Code), King III Code for Corporate Governance, and the International Integrated Reporting Council (IIRC).
The 2015 annual integrated report covers the period 1st July 2014 to 30th June 2015. Any material events after this date and up to the group’s board of directors (board) approval on 11th September 2015 have also been included. The integrated report discusses our operations in Mauritius and the rest of Africa, the geographic regions in which we operate.
Our annual financial statements are prepared in accordance with IFRS. While quantitative information relating to the group is prepared according to IFRS, this report discloses material information that may extend beyond the financial reporting boundary.
This integrated report chooses to focus on material developments and issues, and provides pertinent related financial and non-financial performance indicators that are relevant to a wide cross-section of stakeholders. We define a material development or issue as one that affects our ability to remain commercially viable and socially relevant to the communities in which we operate. The Audit & Risk Management Committee recommends the integrated report for approval to the board. The board and various subcommittees review the report to ensure all material matters have been identified and disclosed.
This integrated report is our primary report and serves to cater the diverse range of stakeholders with varied information needs. We provide a range of communication aimed at addressing our stakeholders’ requirements. In assessing what is included in the integrated report, we applied the materiality principle, defined below.
We have designed this report in three versions. In addition to this printed report, an online version with additional supplementary information is available on our website (www.angloafrican.com/ir2015) and a concise version is available on GooglePlay and Apple AppStore.
In preparing our report, we were mainly guided by the IIRC framework. In addition to its guiding principles of Stakeholders’ Relationships; Materiality; Connectivity of Information; Conciseness; Reliability and Completeness; Consistency and Comparability; Integrated Thinking needs to be “Forward Looking” – providing insights into the organisational strategy and how it relates to the organisation’s ability to create value in the short, medium and long term and its use of and effects on the capitals.
“The more that integrated thinking is embedded into an organisation’s activities, the more naturally will the connectivity of information flow into management reporting, analysis and decision-making. It also leads to better integration of the information systems that support internal and external reporting and communication, including preparation of the integrated report”.
As an important player in the Information Technology and Innovation space, we hope that we will be able to demonstrate the thought process and its application with this report.
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