Printing SA Annual Report 2024/2025

The following outgoing Board Members were noted: a. Lucas McDowall – Director, Trident Press b. Dr A.M Mahomed – CEO, Printing SA The following incoming Board Members were noted: c. Ruth Shogoe – Group Executive, Novus Print 3. Operational Activity Printing SA’s operations in 2024 were centred around its core pillars: Training, Consulting, Conferring, and Campaigning for the wellbeing of the industry. Throughout the year, several strategic adjustments were implemented, and the organisation’s operational activity reflected encouraging signs of growth and development. • Consulting Printing SA’s consulting services realised a marginal decline compared to the previous year but was overall 7% over budgeted revenue. Whilst this may seem as a negative, the dichotomy may be represented as a reduction in S189 consulting, which is a positive sign of industry stability. It is envisaged that 2025 will show similar results to 2024, but Printing SA envisages the introduction of new consulting services to support members and Printing SA’s training revenue realised a decline of 14% year-on-year, primarily attributed to the quagmire in our Discretionary Grant administration. Interventions are now in place and 2025 should realise a healthy inflow of Discretionary Grants from the FP&M SETA, which is a key strategic pin that supports industry training and development. Technical theoretical training for apprenticeships experienced a significant decline in revenue of 41%. However, this trend is recognised as cyclical, and we anticipate an improvement in 2025. In contrast, skills programmes demonstrated remarkable growth of 95% compared to 2024, reflecting the increasing demand among members to upskill in specialised occupational trades within the sector. aid revenue. • Training

Membership income was slightly below target, and event activities ended with a deficit, prompting corrective measures. D. Personnel: A significant restructure resulted in eight redundancies and five new positions created to align with organisational needs. Recruitment efforts filled key roles, and the process was completed by March 2024. E. Special Projects: Printing SA provided Quality Assurance for the IEC NPE 2024 Elections, generating substantial revenue and employing 45 staff for the project. Investec Wealth Management was appointed as the new investment manager, and banking operations were consolidated to First National Bank. F. Local and International Affiliations: Printing SA maintained its local affiliations with the FP&M SETA, Chambers of Commerce, and eWASA, and international affiliations with FESPA, World Print and Communication Forum (WPCF). 2. Printing SA Board In 2024, the Board of Printing SA recorded two resignations and welcomed one new member. The Board was chaired by Mr. Simon Downes, Chairman of the Shave & Gibson Group, whose term is set to conclude on 30 June 2025. The following Board Members were noted: a. Simon Downes – Chairman b. Leal Wright – Past President c. Andrew Tinker – Central Chamber d. Heilet van Staden – Central Chamber (joint f. Richard Downes – KwaZulu-Natal Chamber g. Dr Felleng Yende – FP&M SETA, honorary member h. Jermaine Naicker – Executive Director (Managing), Printing SA i. Zayed Bagus – Executive Director, Printing SA chairperson of Central Chamber) e. Ruth Shogoe – Cape Chamber

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