Integrated Report 2018

CEO MESSAGE

TO MEMBERS

OVERVIEW

Once again, I’m reporting back on a challenging year,

although these days, tough trading is regarded as

‘business as usual’ and matching up to the previous

year’s results is becoming ‘the new normal’.

On the operating side, PPS managed to outperform

this new normal.

Difficult conditions not only reflect our South African

realities of political and economic volatility, but also the

societal and technological changes that are sweeping

across the globe. A 2019 Edelman Trust Barometer

survey reveals that only one out of five people believe

‘the system’ still works for them, with nearly half the

global sample stating that the current system has

actually failed them. We see this in the concerning rise

of populism in the world around us.

Our niche market includes South Africa, Australia and

Namibia’s most educated, influential and proven

individuals. They have the resources and knowledge

to create the significant changes required to remain

at the forefront of their professions and communities.

They are also the niche that has the ability to adapt to

changes and cope with the realities that confront us.

PPS is working hard to create the solutions, tools

and opportunities for our member professionals to

embrace, lead and profit from change. That – and

how we performed in 2018 – is primarily what this

report is about.

CHALLENGES, RISKS AND

OPPORTUNITIES

The intertwined threat of political and economic

unpredictability in South Africa remained the PPS

Group’s biggest challenge in 2018.

While fundamental societal changes and political

election results unfold, PPS is pressing on with rolling

out tailored solutions that will equip our members to

PPS

INTEGRATED REPORT 2018