Strategic
Shareholder Compact Performance
SOE delivery against shareholder compact targets agreed with the executive authority.
Why the shareholder compact anchors SOE accountability
A state-owned entity's mandate is given concrete form in the shareholder compact, the agreement of performance targets between the entity and its executive authority under the PFMA. Delivery against this compact is the primary measure of whether the SOE is fulfilling its public purpose. AuditPro Core tracks performance against shareholder compact targets so that delivery shortfalls are visible to the board and executive authority throughout the year, not only at year-end.
The Numbers
AuditPro Core renders this view from your tenant's live, tamper-evident records. The figures below are illustrative sample data.
Compact targets met
63%
▲ 5%
Governance undertakings met
78%
Material breaches
3
Targets at risk
7
Compact status by commitment area
Breached commitments
| Commitment | Target | Actual |
|---|---|---|
| Net surplus | R 120 m | R 38 m |
| Capex spend | 85% | 61% |
| B-BBEE level | Level 2 | Level 4 |
Figures shown are illustrative sample data for demonstration. AuditPro Core renders these views from your own tenant's live, tamper-evident records.
The shareholder compact
The compact records the mandate, key performance measures and targets agreed between the SOE and its executive authority. It operationalises the entity's corporate plan into accountable commitments.
Targets and indicators
Each compact sets measurable indicators with defined targets for the financial year. Performance is judged against these specific commitments rather than general activity.
In-year versus year-end tracking
Monitoring delivery during the year allows corrective action while it can still change the outcome. Waiting for the annual report to reveal a shortfall forfeits any chance to intervene.
How AuditPro Core Bridges the Gap
- Target tracking: monitors actual delivery against each compact indicator and target.
- Exception flagging: highlights indicators trending below target during the year.
- Continuous monitoring: updates delivery status as performance data accrues.
- Audit-ready export: produces a compact performance report for the executive authority and board.
Key Takeaways
- The shareholder compact converts the SOE mandate into accountable targets.
- Performance is measured against the compact's specific indicators.
- In-year tracking enables correction; year-end reporting does not.
- Surface trending shortfalls early for the board and executive authority.
See This on Your Own Data
AuditPro Core renders this dashboard from your tenant's live, tamper-evident records — every figure traceable to source.