In fact, the most-recent amendments to the SARB Act have significantly broadened and strengthened our diversity and our ability to act without fear, favour, or undue influence from any quarter, whether at home or abroad. Your responsible exercise of your rights and duties as shareholders make a significant contribution to the diversity and independence necessary for us to fulfil our mandate.
I’ll begin my presentation with a simple analytical framework that highlights the key factors that have influenced the evolution of our exports. I’ll discuss how those factors shaped the changes in our exports and their destination over history. I’ll review three phases in our recent export history.