Boxing SA

Strategic Plan 2012-2017

The Strategic Plan covers the key strategic objectives and outcomes of Boxing SA for the next five financial years premised on our mandate and will serve as an important management tool for measuring the performance of the entity against predetermined objectives set.

2010/11 Annual Report

Board Approvals Framework

Code of Conduct

The purpose of this Code of Conduct is to guide Board Members, BSA employees, and the licensees of Boxing South Africa on acceptable conduct.

Risk Management Policy

BSA is committed to managing risk to meet its fiscal, environmental and social responsibilities.

In terms of section 38 (1) (a) (i) of the Public Finance Management Act, the Accounting Officer has to ensure that the Public Entity has and maintains effective, efficient and transparent systems of financials and risk management and internal control.

Perfomance Information Policy

Performance information indicates how well an institution is meeting its aims and objectives, and which policies and processes are working. Making the best use of available data and knowledge is crucial for improving the execution of government's mandate.

Training and Development Policy

"Boxing South Africa was established in terms of the South African Boxing Act (2001). It is mandated to administer professional boxing, recognize amateur boxing, create and ensure synergy between professional and amateur boxing, and promote engagement between associations of boxers, managers, promoters and trainers. Boxing South Africa also considers applications for licenses from all stakeholders in professional boxing, sanctions fights, implements the relevant regulations, and trains boxers, promoters, ring officials, managers and trainers."

Tournament Policy

Boxing South Africa's mandate is to provide a structure for professional boxing in the republic, to ensure the effective and efficient administration of professional boxing in the Republic.
In order to fulfill this mandate, BSA forms the basis of regularity oversight over all boxing tournaments that occur. The South African Boxing Act 11 of 2001 and regulation must be adhered to and this policy provides stakeholders and employees with a detailed process to follow when dealing with tournaments.

Asset Policy

Asset management is the process of guiding and the acquisition, use, safeguarding, accounting and disposal of assets to maximize service delivery potential and manage the related risks and costs over their useful life.

Cash Management Policy

Boxing South Africa needs to ensure both efficient implementation of their budgets and good management of their financial resources take place. Sound management of financial assets and liabilities is also required.

Cellphone Policy

Monthly reports of telephone have revealed that cellular calls are a significant expense for Boxing South Africa (BSA). This is mainly due to high number of calls made, be they "private" or "official". BSA will at all times strive to keep telephone expenditure within limits, as well as to reduce low productivity resulting from private calls to a minimum.

Credit Card Policy

A corporate credit card assists with the provision of rapid acquisition of primarily low Rand value items. The card is designed to promote purchasing efficiency, flexibility and convenience. However, card purchases shall be made in accordance with established Supply Chain Management policies i.e. prior authorization on the appropriate requisition form.

Debtor and Creditor Policy

The debtor balances that accrue to Boxing South Africa (BSA) relates only to balances owing by promoters on tournaments that have been hosted.

Disciplinary Policy

Boxing SA will ensure fairness and consistency in handling all disciplinary cases. The right to take disciplinary action shall rest with management. The employees acknowledge and accept the right of management to maintain discipline over employees.

Fleet Management Policy

Boxing South Africa has obtained a fleet card for all motor vehicle expense relating to the BSA vehicle only. The card has been obtained from ABSA Bank and a policy has been created to maintain control over the utilization of the card thereto.

Investment Policy

In terms of the Public Finance Management Act (PFMA), section 7 (4) and 53(3), a public entity or a government business enterprise with funds under management must have an investment policy approved by the Board.

Journal Policy

It is of vital importance that BSA creates proper control procedures to control the passing of general journal entries for the purpose of correcting errors.

Leave Policy

Boxing SA leave policy is designed to serve as control measure over the various forms of leave taken by employees.

Overtime Policy

All overtime worked in the BSA shall be dealt with according to the provisions of the Basic Conditions of Employment Act No. 75 of 1997 as amended.

Petty Cash Policy

It is understood that from time to time there are transactions that are undertaken by Boxing South Africa (BSA) that are minor and urgent in nature. Such transactions require that the entity keeps limited cash resources in its premises referred to as Petty Cash in order to fulfill these transactions.

Remuneration Policy

A salary policy is an institutional policy that provides a common framework from which all salaries of Boxing South Africa are determined.

Boxing South Africa remunerates their employees according to the public service Act, in line with those officials in the public service as required by the Boxing Act chapter 14(2).

Revenue Policy

Boxing South Africa’s revenue consists of sponsorships, grants, license fees, sanctioning fees and sundry revenue.

Subsistence and Travel Policy

In general, the employees and Board members of Boxing South Africa should be provided with appropriate subsistence and travel when expected to work outside their normal place of work.

Telephone Policy

Monthly reports of telephone have revealed that landline calls are a significant expense for Boxing South Africa (BSA). This is mainly due to high number of calls made, be they "private" or "official". BSA will at all times strive to keep telephone expenditure within limits, as well as to reduce low productivity resulting from private calls to a minimum.