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LETTER FROM OUR CEO - AUGUST 2024

While challenges persist, South Africa has seen some positive developments in recent months: Economic Growth: The South African economy has shown signs of recovery, with positive growth rates reported in certain sectors. Job Creation: There have been some job creation initiatives and announcements, contributing to a slight decrease in the unemployment rate. Infrastructure Development: Investments in infrastructure, such as energy and transportation, have been made and are showing progress. Renewable Energy: The country has continued to expand its renewable energy capacity, contributing to energy security. GNU continues to find its feet and is being looked on in a positive manner by many countries resulting in a renewed optimism for the country.

 

What a superb month too for South Africa who made waves in the international sporting arena. Cricket: The Proteas won a thrilling Test series against the West Indies. Rugby: The Springboks are continuing their dominance in the Rugby Championship, with two resounding victories over the Wallabies in Australia. UFC: Dricus du Plessis, the South African mixed martial arts fighter, is making waves in the UFC, representing the country on the global stage, by winning his second world belt. Olympic Legacy: The legacy of South Africa's Olympic achievements continues to inspire and motivate young athletes. These sporting successes have contributed significantly to national pride and unity.

 

It's easy to turn all of these achievements into negatives but don't underestimate what it achieves for the country as a whole. The fact remains that Saffas are a resilient bunch that will always survive and make a plan.

 

It's in times like these that companies need every opportunity to position themselves and their companies for a potential springboard of success. Good governance and compliance are essential. We see it time and time again where companies do not concentrate on their compliance, and it costs their company business.

 

We have been assisting companies since 2012, won two international awards as the best compliance Company in Africa, and have practically seen the results and watched companies move from strength to strength. Don’t sit on the fence and adopt a wait and see attitude – run and get ahead of the pack.

 

Reference:

Thank you so much for your assistance in getting us through our audit level 2 again this year, I must say, it was a breeze in comparison this time round :-) I so appreciate all the extra prep work you were willing to do with me, which certainly has paid off! Now to start planning for the next one…..

Dear Compliance Hub team, I second the above words of appreciation and thanks, this year was certainly “easy” and that is a credit to the team managing our compliance on a monthly basis. Thank you for all the extra effort and guidance, we certainly couldn’t do this without you!

 

When we get letters of thanks like these – it makes all our efforts so much more worthwhile. You focus on the business while we implement the solutions.


Best Wishes

Hilton

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