Printing SA Annual Report 2024/2025

Simon T. Downes President Printing SA

PRESIDENT’S REPORT 2024

It gives me pleasure to present this brief report on the activities of the Organisation over the past financial year ending 31 December 2024. This year has been one of tumultuous impact for Printing SA as we conducted a series of reviews and implemented some significant changes that we felt were necessary to ensure that the organisation remains relevant and fit-for-purpose in these challenging times. The Managing Director’s Note covers the important changes to the operational structure that we deemed would streamline Printing SA and enable a more agile service to our members. What is not clearly evident are the many back-office initiatives that will allow us to better manage the affairs of the organisation. Some of these include: • Consolidation of all the Chambers’ bank accounts; • Placing of all the Organisation’s funds with a single investment house after a rigorous due diligence process;

• Reorganisation of the financial reporting systems and reports; • Investigation of the suitable outsourcing of training modules; • Investigation (ongoing) of all third-party service providers and where deemed suitable, changes to service providers, and • Right-sizing and restructuring of the staffing functions. We continue to look at ways of providing a better service to our members in the most cost-effective manner. In addition, we are mindful of the financial pressures placed on our members due to the very difficult prevailing economic situation, and we are carefully considering how best to utilise the funds that we deem excess to the long-term sustainability of Printing SA. In particular, we are very aware of the shortage of skills in the industry and the need to continually update and develop human capital in our industry.

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