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18 JANUARY 2022 MUNICIPAL FINANCE MANAGEMENT ACT (MFA): BUDGET AND PERFORMANCE ASSESSMENT REPORT IN TERMS OF THE MFA, SECTION 72 (1) (a), FOR THE SIX (6) MONTHS ENDED 31 DECEMBER 2021INDEXPAGE1. Purpose22.
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Section 72 mid-year non-financial is a reporting requirement for companies to disclose non-financial information related to their activities.
Companies that meet certain criteria, such as size and industry, are required to file section 72 mid-year non-financial.
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The purpose of section 72 mid-year non-financial is to increase transparency and accountability regarding companies' non-financial performance.
Information such as environmental impact, social responsibility initiatives, and employee relations may need to be reported on section 72 mid-year non-financial.
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