Printing SA Annual Report 2024/2025

Jermaine Naicker Managing Director

Managing Directors Note

1. Executive Summary A. Printing SA Board: In 2024, the Printing SA Board realised two resignations and one new appointment. The Board, chaired by Mr. Simon Downes (term ending June 2025), consists of representatives from regional Chambers and the FP&M SETA. Notable changes included the departure of Lucas McDowall and Dr. A.M. Mahomed, with Ruth Shogoe, Group Executive, Novus Print joining. B. Operational Activity: Printing SA’s core activities - Training, Consulting, Conferring, and Campaigning showed positive momentum: • Consulting: Revenue was 7% above budget despite a slight year-on-year decline, reflecting industry stability. • Training: Revenue declined by 14%, mainly due to issues with Discretionary Grant administration, but interventions are expected to yield improvements in 2025.

Skills programmes grew by 95%, and several initiatives are underway to enhance training quality and relevance. • Conferring: Events such as Golf Days, Annual Dinners, and the ‘Women in Print’ initiative saw increased attendance. The CEO Breakfast event promoted industry thought leadership. • Campaigning: Notable advocacy included successful interventions on the Employment Equity Amendment Bill and securing a 5% tariff on thermal roll imports. The Career Day initiative was launched to promote industry careers among youth. C. Financial Performance: The organisation achieved a surplus of R200,000, surpassing its breakeven budget. Investment income performed exceptionally well, and operational expenses were effectively managed.

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