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Navigating Change: Insights from the KPMG Family Business Conference The 11 th  KPMG South Africa Family Business Conference recently held in Pretoria brought together family business and family office leaders and experts to explore the theme of "Managing Change and Transition" . Through engaging panel discussions, attendees gained valuable insights into the complexities of multi-generational success, entrepreneurial leadership, the evolving role of family offices, and the value of independent governance. Here are the key takeaways from the conference: Passing the Torch – A Roadmap for Responsible Ownership The first panel featured insights from second, fourth, and fifth-generation family business leaders, each bringing a unique perspective on succession challenges and opportunities. The panellists emphasized the importance of - •      Keeping the family business relevant by seeking new opportunities while staying true to core values. •       Effective communication and alignment of values between the family and the business as crucial for maintaining family harmony. •       As the family business(es) evolve, the transition from control to stewardship becomes essential, with later generations embracing humility and understanding the legacy they inherit. •       Balancing reinvestment and dividends, with some families employing business assemblies and investment panels to guide these decisions. Personal anecdotes were also shared about the challenges of maintaining family unity while pursuing business growth. The importance of regular family meetings and retreats was discussed as a means to foster communication and ensure that all family members are aligned with the business's strategic direction. The role of external advisors in facilitating these discussions was also highlighted, providing an objective perspective that can help mediate conflicts and guide decision-making. From Heir to Leader – Igniting the Entrepreneurial Flame In the second session, insights were shared by two family CEOs and a non-family CEO, offering diverse views on nurturing an entrepreneurial spirit across generations. The panellists discussed – •       Maintaining a culture of innovation while respecting the heritage and legacy of the family business. •       Storytelling was emphasized as a powerful tool for driving growth and enhancing the quality of life for employees and the community. •       The role of meritocracy in leadership transitions, ensuring that roles are earned rather than inherited. •       Learning on the job and being part of decision-making processes from an early age were identified as effective ways to prepare the next generation for leadership. •       The challenges of replicating the founder's passion while allowing new generations the freedom to express their ideas and innovations. The panellists also explored the importance of mentorship and education in cultivating entrepreneurial leaders. They shared examples of successful mentorship programs and educational initiatives that have helped bridge the gap between generations, ensuring that the next generation is equipped with the skills and knowledge needed to lead the business into the future. The role of external networks and partnerships in fostering innovation was also discussed, highlighting how collaboration with other businesses and organizations can bring fresh perspectives and drive growth. Wealth, Wisdom, and Wellbeing – The Evolving Role of the Family Office This discussion featured experienced family office executives and KPMG’s Global Head of Family Office, offering a comprehensive view of the dynamic landscape of family offices. The panellists discussed – •       The importance of flexible governance and a risk-based focus for the family office in supporting the family. •       Effective communication and early involvement of the next generation were identified as key factors in mitigating surprises and ensuring smooth transitions. •       The role of family office executives as conductors of important relationships and networks was also highlighted, ensuring that the family office remains a supportive ecosystem tailored to the family's unique needs. •       As family offices evolve, the need for separate governance structures becomes apparent, especially as families grow into larger consortia. •       The family office serves as both an educational space for wealth management and a safe place for family members to learn and even fail, provided appropriate education is provided. The discussion also delved into the role of technology in enhancing the operations of family offices. Insights were shared regarding how digital tools and platforms can streamline processes, improve communication, and provide real-time insights into financial performance. The importance of cybersecurity was emphasized, with the panellists discussing strategies for protecting sensitive family information. A Balanced Perspective – The Value of Independent Governance Expertise The final panel explored the crucial role of independent governance in family enterprises. Independent directors, trustees, and investment advisors bring a wealth of experience, objectivity, and specialized knowledge, offering balanced perspectives that are essential for sound decision-making. The panellists discussed – •       How independent role-players ensure alignment between family interests and business objectives, fostering transparency, accountability, and long-term sustainability. •       The challenges of balancing family interests with fiduciary responsibilities, enhancing governance structures, and facilitating smooth leadership transitions. •       The importance of adapting to changing dynamics and preparing for future governance trends, emphasizing the skills and qualities necessary for success in this evolving landscape. The panellists shared examples of how independent governance has led to improved decision-making and strategic outcomes, reinforcing the value of bringing external perspectives into family enterprises. They also addressed the role of independent governance in managing family dynamics and mitigating conflicts. Strategies were shared for building trust and credibility with family members, ensuring that independent advisors are seen as valuable partners in the family and the business's success. Concluding thoughts The KPMG Family Business Conference provided a platform for family business leaders to share experiences and strategies for navigating change and transition. By fostering open dialogue and collaboration, the conference reinforced the importance of aligning family values with business goals to ensure long-term success and sustainability. The diverse generational perspectives and expert insights offered by the panellists enriched the discussions, highlighting the evolving challenges and opportunities faced by family businesses today. As we reflect on the insights and strategies shared during the conference, we encourage family business and family office members to consider how these key takeaways can be applied to their own unique contexts. Should you wish to discuss any of these topics further, please feel free to reach out to the KPMG Private Enterprise team. For more information : Creagh Sudding E : creagh.Sudding@kpmg.co.za Alan Barr E: Alan.Barr@kpmg.co.za

Grant Adlam and Russell Curtis discuss how public-private partnerships are vital for tackling KZN’s infrastructure and social challenges, highlighting flagship projects, proactive business engagement, and the formation of coalitions to improve service delivery and political cooperation. -PPPs Acceptance: Public-private partnerships are now widely accepted at ideological, political, and fiscal levels, aiding national energy crisis solutions via initiatives like Operation Vulindlela. Flagship Project:  A £100M Durban wastewater treatment PPP is set to upgrade infrastructure, supported by global bidders and World Bank oversight, addressing issues such as beach closures. Proactive Business Role: Companies should actively engage with government through unsolicited bids, direct conversations, and platforms like presidential eThekwini working groups. Social Partnerships: Collaboration between business, faith-based, and community leaders is urged to address job creation and service delivery, underlining the urgency due to time constraints. Political Cooperation: Behind-the-scenes facilitation aims to foster coalition governments for improved service delivery, enhancing political maturity and efficiency. Coalition of the Willing: A key initiative involves uniting corporate and entrepreneurial leaders under respected guidance to drive impactful reforms. Outcome-Driven Approach: Deliberate programs with specific, measurable goals are essential for improving governance and ensuring sustainable PPP outcomes. Sources: https://www.youtube.com/watch?v=9oghBSnoirc

With brownfield expansions becoming increasingly common due to their lower risk and cost compared to new greenfield projects, Weir has seen rising demand for high capacity vibrating screens to enable high throughput operations, as well as machines with a wider operating window to address changing feed conditions. These market trends were crucial in informing some of the most important design elements of the new ENDURON® Elite vibrating screens from Weir.   Several key trends are currently shaping the vibrating screen market in Africa. According to Corné Kleyn, Global Product Manager: Vibrating Screens at Weir, these include the need for high capacity machines for brownfield expansions, demand for screens with a wide operating window to meet changing feed conditions and the growing focus on screen designs that minimise energy consumption and reduce wear and tear to ensure sustainable operations.   These trends, says Kleyn, were central to Weir’s design approach to its new ENDURON® Orbital and ENDURON® Elite vibrating screen ranges, with customer feedback playing a crucial role in informing some of the most important design elements of these innovative machines.   A case in point is the high capacity nature of the ENDURON® Elite range, which successfully addresses the growing need for high capacity vibrating screens for brownfield expansions, especially as opencast mines seek to ramp up production.   “With the launch of the ENDURON® Elite vibrating screen range, Weir now offers some of the largest double-deck banana screens in the world, weighing up to 50 tonnes. Some of the first units operating in an iron ore application in West Africa measure 4,3 m wide x 9,7 m long, highlighting the large nature of these screens to meet high throughput needs,” says Kleyn.   One of the major design features of these screens are the ETX exciters. Capable of driving a vibrating screen with a deck that spans 4,27 m, these exciters have the largest capacity of any exciter currently available on the market. Their large size allows the large Elite vibratory screens to be driven with two exciters, reducing exciter drive complexity and maintenance costs. This provides high performance and long service life. In addition, fewer exciters to maintain on site translates into reduced downtime, routine inspections and inventory management.   As mines expand and get deeper changing feed conditions, such as variations in ore grade, particle size and mineral composition, are becoming the order of the day. This, says Kleyn, can significantly impact the efficiency and cost effectiveness of mineral processing operations.   When feed conditions change, he adds, screens are subject to harmonic resonance which can lead to structural failure. To mitigate against this, Weir has designed both its ENDURON® Elite vibrating screen ranges with a wider operating window, giving operators greater flexibility to adapt operating parameters as feed conditions change.     Contact information www.global.weir Twitter :   https://twitter.com/weirgroup Facebook : https://www.facebook.com/WeirGroup/ LinkedIn :   https://www.linkedin.com/company/78340/   From Coralynne & Associates communicate@coralynne.co.za Twitter : Coralynne_Assoc LinkedIn : Coral-Lynn Fraser-Campbell

Ingwe Property has unveiled a new educational campaign aimed at simplifying the property buying journey in South Africa. The initiative, titled "Your Buying Journey Starts Here" , provides a clear, structured overview of the home purchasing process for both first-time and experienced buyers. Recognising the complexities often associated with property transactions, Ingwe Property has broken down the process into six key phases: Financial Preparation Buyers are guided through evaluating their affordability, checking credit scores, getting pre-qualified for a bond, and saving for a deposit and transfer fees. Property Search Prospective buyers can explore property listings, attend viewings with agents, and work directly with Ingwe Property to find a suitable home. Making an Offer The process of submitting an Offer to Purchase (OTP) and negotiating terms is clearly explained. Offer Acceptance & Bond Application Once an offer is accepted, buyers are taken through the steps of applying for a home loan, gaining bond approval, and initiating bond registration. Legal & Conveyancing Process This phase outlines the appointment of a conveyancer, payment of transfer duties, and processing of the ownership transfer by the Deeds Office. Property Handover Final registration is completed, keys are handed over by the seller, and the buyer takes official possession of the property. The guide is designed to remove uncertainty and equip buyers with the knowledge needed to make informed decisions. With this release, Ingwe Property continues to promote clarity, confidence, and trust in the real estate market. About Ingwe Property Ingwe Property is a leading real estate company in South Africa, known for its personalised service, expert knowledge, and dedication to client success. The company offers a wide range of residential properties and continues to support buyers throughout every stage of their journey. For further information: Email:   info@ingweproperty.co.za Website:   www.ingweproperty.co.za

The Reserve Bank’s decision to pause interest rate cuts today did not come as a surprise for Chris Tyson, CEO of Tyson Properties. This week, it emerged that the Consumer Price Index (CPI) decreased by 0,1% between July and August, with four of thirteen categories in the inflation basket (including food and non-alcoholic beverages which contribute to household spend) and household equipment and routine maintenance dipping. Economists remain hopeful that inflation will remain in the acceptable 3% to 6% band going forward. However, this does not necessarily mean that households are finding it any easier to manage monthly expenses, he points out. Sometimes statistics mask the daily grind and, despite indications of a slight uptick in retail activity, overall consumer demand remains low. Economic policy uncertainty, a vacillating rand and the beginning of the Madlanga Commission of Inquiry into alleged police corruption could feed ongoing uncertainty. However, Tyson is a firm believer that South Africans are extremely resilient and, even if this pause is just the beginning of what many economists expect to be a prolonged halt in interest rate cuts, he says that property owners have every reason to be positive if they compare this September to September 2024. The current cutting cycle has seen the South African Reserve Bank (SARB) MPC cut interest rates by a cumulative 125 basis points (1.25%) since September 2024. Although acknowledging the relief that rate cuts offer to stressed households, Tyson continues to urge property owners to budget wisely and repay mortgages at an existing slightly higher level whenever possible in order to reduce the overall repayment period. His advice to sellers to price properties wisely still stands. He also encourages investors to take advantage of the current buyers’ market to invest in income generating properties as the already thriving rental market is likely to continue its upward climb whilst economic uncertainty and low growth persist. Overall, he recommends that homeowners continue to cultivate sound financial habits when managing their household budgets. His tips to help South African homeowners remain economically resilient are: 1. Try to keep your repayments on loans at current levels if you can. That will enable you to pay off your home loan faster and become less vulnerable to future rates hikes. 2. Create or stick to a strict household budget that will enable you to control disposable income. 3. Review your insurance. Remove listed items such as laptops and phones that you are no longer using and ensure that car insurance is adjusted according to the age and resale value of your vehicle. 4. Maintain your home. Keep your property in good condition so you do not land up with bigger issues you need to pay to have repaired. 5. Create a passive income stream by leasing a cottage or create an AirBnB by converting an unused space on your property.

Nominations are officially open for the KZN Top Business Women 2025 initiative. Now in its sixth year, this prestigious programme is proudly powered by the Women of Africa Group, Morar Incorporated, and Absa, with the support of DRG. The initiative recognises and celebrates the achievements of KwaZulu-Natal’s most dynamic and inspiring women who are making a difference in both business and society. Grant Adlam CEO, KZN Top Business says that they are thrilled to bring together leading partners. “We are delighted to welcome back Morar Incorporated and to have the support of Absa, the Women of Africa Group and DRG as sponsors of this year’s programme,” he commented. For Absa, supporting KZN Top Business Women aligns closely with its purpose of empowering future generations. Lesedi Metsoamere, Absa KZN Regional Executive for Private Banking, explained that the bank views the initiative as a natural extension of its community engagement. “One of our strategic pillars is being an active force for good in the markets and the communities within which we operate. We believe that every entrepreneur has a unique story, and as Absa we want to say that we see you. Your story matters,” she said. She added that the sponsorship is about recognising the province’s entrepreneurial spirit. “KwaZulu-Natal has rich pools of entrepreneurs. Standing behind these women creates a platform for collaboration and recognises their impact across communities and markets in different sectors.” For the Women of Africa Group, the partnership speaks to its long-standing mission of giving women visibility. Group CEO Advocate Pria Hassan explained, “We saw how difficult it had been to put ourselves out there, to put our brand forward and to champion our causes. Our purpose is not just about empowering women in business, but about giving them the ability to showcase themselves, their talents, and their ventures. Partnering with KZN Top Business Women was the best way to do this.” Morar Incorporated also saw tangible results from its involvement in 2024. Its CEO, Jennifer Reddy, said, “Last year we were the headline sponsor, and we saw what a difference it made in the lives of the 40 women showcased. The upliftment inspired them to do more, to be more, and to own their space in business. Seeing that impact motivated us to continue our support this year.” Who Should Participate Participation in KZN Top Business Women is open to women from all sectors. Metsoamere explained, “We are not prescriptive about the type of business. We encourage women from sole proprietors and SMEs to large enterprises, as well as those in senior leadership roles. What matters is that participants are transforming their communities and making an impact in their markets.” Hassan urged women across the province to seize the opportunity. “Entrepreneurship drives job creation and helps eradicate poverty. I encourage entrepreneurs of every size, including social and creative innovators, to step forward. For far too long many of you have remained behind the limelight. Bring your ventures forward. We want to see your talent.” Reddy echoed these sentiments, highlighting the personal benefits of involvement. “Any woman ready to elevate her career, take the next step, and showcase herself to the world should participate. This is about demonstrating what you have achieved, what you are capable of, and owning your space in this dynamic world.” Celebrating Women’s Stories Each participant will take part in a photographic session, a video interview, and a webinar. Their stories will be collated into a coffee table book and promoted on social media, providing powerful personal branding and marketing exposure. The 2025 celebrations will culminate in a prestigious gala dinner on Thursday, 13 November at the Radisson Blu Hotel Durban Umhlanga, where this year’s nominees will be honoured for their invaluable contributions to KwaZulu-Natal. Participation is limited to 40 women each year, so space is limited and fulling up fast. For more information visit www.kzntopbusiness.com   For media enquires Contact: Gayle Adlam editorial@mweb.co.za 0836530465   Photo caption  L-R:  Lesedi Metsoamere, Absa KZN Regional Executive for Private Banking; Advocate Pria Hassan, Group CEO Women of Africa Group; Jennifer Reddy, CEO Morar Incorporated and Grant Adlam, CEO KZN Top Business.

When excellence meets service, awards follow. Meondo Holdings has set the standard in KwaZulu-Natal’s cleaning and hospitality industry, and the results speak for themselves. Voted the Best Cleaning Company in KZN  by two  prestigious awarding bodies, PMR.africa  and Best of Durban , Meondo continues to raise the bar for professional, reliable, and results-driven cleaning services. Recognised by the Best In 2025 alone, Meondo Holdings has been the proud recipient of the: PMR.africa Diamond Arrow Award Best of Durban Readers’ Choice Award Global Recognition Award Best Franchise Sector Award Top 5 Business in KZN Award These accolades aren’t just awards — they are a public vote of confidence in Meondo’s unmatched service quality, professionalism, and commitment to hygiene excellence. Full-Service Cleaning Expertise From high-level industrial cleaning  to occupational and deep cleaning , Meondo Holdings offers a complete cleaning service solution tailored for residential, commercial, and corporate clients. Our services include: High Level & Deep Cleaning Window Cleaning Carpet Cleaning Strip & Sealing Disaster Management Cleaning Occupational Cleaning Each job is executed by a skilled, uniformed team using eco-friendly products and cutting-edge equipment to ensure 5-star results — every time. Hospitality Cleaning That Elevates Guest Experience Meondo also specialises in hospitality cleaning , supporting hotels, lodges, and event spaces across the region. Services include: Housekeeping solutions Laundry & linen care Event cleaning Public area maintenance Office & commercial cleaning This division is built around the core values of consistency, discretion, and operational excellence — making Meondo a trusted name in South Africa's hospitality industry. What Sets Us Apart? Award-winning service Publicly voted recognition Highly trained, uniformed teams Commitment to sustainability and safety Tailored service plans to meet client needs 📍 Visit Us 4 Lancaster Terrace, Westville, 3629 📞 031 266 6507 🌐 www.meondoholdings.co.za 📧 info@meondoholdings.co.za Experience service without boundaries.

Green shoots are sprouting in the KwaZulu-Natal property sector, a region that the High Street Auction Co is targeting for growth during the second half of 2025, says director, Greg Dart.  “We've got a huge pool of Gauteng investors looking to redeploy capital out of this region. While many local competitors in the auction space are reticulating existing money in the province, High Street has an investment pool that will inject new capital into the region. Investors with which we have built strong relationships over the past 15 years trust our platform and ability to find the right investment opportunities. People are looking to diversify and trade into new regions. KZN is certainly attracting a lot of interest,” Dart explains.  Dart says High Street is already negotiating the sales of a number of iconic properties in the province starting with three in the upcoming auction  at the Bryanston Country Club in Johannesburg on September 25.  Spreading South  These include High Rocks in Umkomaas, which has been repeatedly voted as a Top Ten Getaway Beach House by Getaway Magazine and Widdy’s Beach Club, the neighbouring property, that benefits from the resilient tourism sector along what is known as the Mid-South Coast.  Offering direct beach access, High Rocks nestles on the top of the Widenham Point overlooking the magnificent coastline. The covered deck provides an exceptional vantage point to spot dolphins, whales, rays and the famous sardine run. Widdy’s Beach Club, also just a 40-minute drive from Durban, has not only operated as a self-catering destination for over 15 years but hosted corporate events, weddings and conferences.  Dart says that the upswing in the Mid-South Coast, led by developments such as JSE-listed Crookes Brothers’ Renishaw Hills, Serentiy Hills and Umdoni Point estates, together with plans to build small craft harbours at both Scottburgh and Hibberdene, is just the beginning of a far larger property awakening along the South Coast which is home to the majority of the country’s blue flag beaches.   KwaZulu-Natal’s North Star Dart says that the North Coast, which has driven rapid economic development in the region for over two decades on the back of the opening of the King Shaka Airport and surrounding Dube TradePort and aerotropolis as well as key logistics and warehousing nodes such as Riverhorse Valley and Cornubia is a priority for High Street.   Proximity to the airport and South Africa’s busiest and largest container port, make this a strategic investment hub. The large Stanger property that is suited to warehousing, light manufacturing or logistics that is due to come under the High Street hammer on September 25 is likely to be the first of many.  The KZN North Coast has also seen residential and tourism-based development with the soon-to-open Club Med development by Umhlanga-based Collins Residential together with the evolution of the Sibaya Coastal Precinct and Zimbali Lakes Development creating a great deal of anticipation.  Chris du Toit, project lead for the Club Med South Africa development commented: “The Club Med development and other residential and mixed-use developments in the area will change the North Coast forever. We are really excited about where the tourism market is heading and anticipate significant secondary market developments in all the nearby precincts. The influx of international guests will create very strong market dynamics for the region.” This KZN Coast is known for attracting high net worth individuals, many of whom have settled their families in premier estates that are close to upmarket schools while they commute to and from Gauteng weekly.  This work-to-travel market also presents a potentially lucrative pool of investors says Dart: “Durban is an hour away. You do your business in Joburg, but your family and lifestyle are in KZN. We are finding that because the family has established itself there, those with capital are looking to invest in the region too.” Channelling investment inland The Upper Highway area, which includes key logistics hubs such as Westmead and Hammarsdale along the main N3 route to Gauteng which is in the throes of a multi-billion-rand upgrade, is another noteworthy investment node.  The most obvious development taking shape in Durban’s Outer West is the R15-billion Westown Development which promises not only residential but also retail and logistics space.  Carlos Correia, CEO of Fundamentum Property Group, which is driving this development, notes that the greater Westown Precinct is moving ahead rapidly: “Westown focuses on the value of open space and is designed to integrate with existing outdoor and lifestyle activities that define the Shongweni/Hillcrest sub-region such as horse riding, trail running, mountain biking, walking, birding and much more. With a primary catchment area stretching from Westville to Cato Ridge, just off the N3 highway, Westown is attractive due to its location and ease of access.”  Neighbouring developments include the Classic Balwin Collection (with earthworks having commenced for the first 200 units of Shongweni Eco-Park), the 100-bed West Private Hospital, Parc Ferme, a motor focused new commercial scheme and the Farrier Business Park which will focus on logistics and warehousing.  “We've sold a lot of properties in KZN in the past. In light of this, we certainly want to formalise our presence more aggressively here. Already, we are doing a lot of work to get more exposure. We believe that this is a region that should not be neglected in anybody's investment planning,” Dart concludes.

Nominations Open for KZN Top Business Women 2025 Only forty women are selected each year, and spaces are fulling up fast. Every participant participates in a photographic session, a video interview, and a webinar. Their stories are collated into a coffee table book. The women also receive recognition on social media – providing personal branding and marketing exposure. The 2025 celebrations culminate in a prestigious gala dinner on Thursday, 13 November at the Radisson Blu Hotel Durban Umhlanga, where this year’s nominees will be honoured for their invaluable contributions to KwaZulu-Natal. Now in its sixth year, nominations are open for KZN Top Business Women 2025 proudly powered by the Women of Africa Group and Morar Incorporated and supported by DRG. The initiative recognises and celebrates the achievements of KwaZulu-Natal’s most dynamic and inspiring women – leaders, entrepreneurs, and professionals who are making a difference in both business and society. Adv. Pria Hassan, CEO of Women of Africa Group, shared her strong support for the initiative, saying: “We saw how difficult it had been to put ourselves out there, to put our brand forward, to champion our causes. Part of our purpose is empowering women in business and giving every woman the ability to showcase their talents and their business ventures. Through partnering with KZN Top Business Women, we aim to realise these goals as well as to give women a platform to lean on each other.” KZN Top Business Women ‘s goals are to: Inspire and uplift future generations of women to pursue their goals, dreams, and ambitions. Highlight the critical role women play in society and the workplace. Promote gender equity and transformation across all industries. Create a networking and mentoring platform Jennifer Reddy CEO Morar Incorporated said, “I believe that this event has phenomenal value. Any woman who wants to elevate her career, who is ready for the next step and who is ready to showcase herself to the world and own her space in this dynamic world should enter.” Please note that previous participants are not eligible for re-nomination, as the initiative seeks to continually highlight new voices and journeys. For nomination details and to be part of this celebration of excellence: visit: www.kzntopbusiness.com

Umhlanga continues to cement its reputation as one of South Africa’s premier property markets, offering strong growth potential and attracting a steady influx of high-income buyers. With its mix of luxury living, booming developments, and rising demand, this coastal hub remains a prime location for investors and homeowners alike. Property Value Growth Property values in Umhlanga have shown steady and impressive growth over the past few years. Prices have risen from R42,000/sqm in 2021  to R45,000/sqm in 2023 , reflecting the area’s resilience and continued demand. This upward trajectory highlights Umhlanga as a market that consistently appeals to high-income buyers looking for both lifestyle and long-term value. Demographic Shifts Driving Demand Alongside rising property values, Umhlanga is experiencing demographic shifts  that are fueling growth. A growing population and rising income levels have created strong demand for both residential and commercial spaces. The area has become a magnet for professionals, families, and investors seeking a vibrant, well-connected, and modern coastal lifestyle. Surge in Building Activity Umhlanga’s skyline is evolving rapidly, with building activity showing no signs of slowing down. In 2024 alone, residential developments surged by 53% , marking the area as a key growth hotspot. This surge in construction reflects investor confidence and a clear recognition of Umhlanga’s potential as one of the country’s most dynamic real estate markets. Why Invest in Umhlanga? Consistent property value growth  ensures strong returns. High demand  driven by population and income growth. Booming building activity  highlights continued confidence from developers. For investors and buyers alike, Umhlanga offers more than just property—it offers opportunity, security, and the promise of long-term growth. Whether you are looking for a home in a vibrant community or an investment that delivers returns, Umhlanga stands out as a location to watch.

Toyota Boshoku South Africa (TBSA), a proud member of the global Toyota Boshoku Group, is thrilled to announce its 20th anniversary, marking two decades of innovation, investment, and job creation in the South African automotive manufacturing sector. Since its establishment in 2005, TBSA has grown into a cornerstone of quality and reliability, producing world-class automotive interior components (Seats and Door Panels) for vehicles such as the Toyota Hilux, Fortuner, Corolla Cross, and Hiace. Over the past 20 years, TBSA has not only contributed to the local economy but has also empowered communities through sustainable employment and skills development. Commemorative Event: Honouring the Past, Driving the Future To celebrate this milestone, TBSA will host a commemorative event at its Durban facility at 1 Beechgate Crescent, Southgate Business Park Moss Kolnik Drive, Umbogintwini, on 13/09/2025. The celebration will bring together employees, family, partners, government representatives, and members of the local community to reflect on the company’s journey and look ahead to its future. Highlights of the event will include: - Keynote speeches from TBSA leadership and Toyota Boshoku global executives - Recognition awards for long-serving employees and outstanding contributors - Factory tours showcasing cutting-edge manufacturing processes - Cultural performances and entertainment from local artists A Message from the President "This 20-year milestone is a testament to the dedication of our employees, the strength of our partnerships, and the resilience of our operations," said Seiichi Kawamura, President of Toyota Boshoku South Africa. "We are proud of the role we’ve played in advancing South Africa’s automotive industry and remain committed to driving excellence, sustainability, and innovation for decades to come." Driving Forward As TBSA celebrates its legacy, it also reaffirms its commitment to the future—investing in green technologies, expanding local talent development, and continuing to deliver premium products that meet the evolving needs of global customers. For more information about the event or TBSA’s 20-year journey, Please contact Lungile Manyathi. email Lungile.Manyathi@toyota-boshoku.com Cell: 0824815155

At Sappi, our commitment to forest conservation extends far beyond Arbor Month. While September shines a spotlight on South Africa’s rich natural heritage, it also reminds us of our ongoing responsibility as stewards of vast landholdings—including precious indigenous forests that require protection, restoration, and respect every day of the year. While commercial forestry helps meet timber demand sustainably, we’ve gone further: actively conserving natural forest patches and investing in research to reintroduce rare tree species threatened by overharvesting. With hundreds of plant species harvested for traditional medicine — a R2.9 billion industry serving 27 million South Africans1 — the stakes extend beyond biodiversity to the livelihoods rooted in this vital sector. “We are celebrating indigenous trees during Arbor Month,” says Duane Roothman, Vice President of Sappi Forests. “Trees offer clean air, shelter for biodiversity, and deep roots that enrich the soil with organic matter. Beyond supporting ecosystems, they sustain communities. Their bark, leaves, and roots form the backbone of traditional medicine, providing remedies passed down through generations and supporting millions of South Africans. That’s why we’re committed to protecting these forests and restoring species lost to overharvesting—their healing power nourishes both the land and the lives that depend on it.” Managing our indigenous forests with expert support This Arbor Month, we’re spotlighting the indigenous forest patches on Sappi land—covering approximately 7% of our total land holdings—and the steps we’re taking to protect and manage them. These biodiverse areas play a vital role in supporting wildlife, preserving rare plant species, and maintaining ecological balance, and we’re working closely with biodiversity experts to help them thrive. Although indigenous forests make up a smaller portion of Sappi’s natural areas, the company continues to apply conservation measures guided by leading science and expert advice to ensure their long-term survival. In line with this commitment, we partnered in 2024 with The Biodiversity Company—leading South African biodiversity consultants—to deepen our understanding and improve the management of these areas. Their work began with detailed assessments of Sappi’s landholdings, which included some of the 28 indigenous forest patches designated as part of the 156 officially proclaimed Important Conservation Areas (ICAs). The Sappi portion of the Karkloof Nature Reserve comprises indigenous forest with a variety of threatened trees such as Black Stinkwood. The other Sappi-owned nature reserves also contain forest patches that are of high biodiversity value and part of critical biodiversity areas. The goal? To equip our forestry staff with updated management plans and practical guidelines that support biodiversity and improve ecological health. One memorable moment from the field came at the Clan plantation in KZN, where a snake and a chameleon were spotted crossing the road —which may sound like the start of a joke, but it sparked real change. Wildlife crossing signs have since been installed to alert drivers and protect these small but significant forest dwellers. The Biodiversity Company has provided key management recommendations that enhance the forestry ecosystems within Sappi land. Sappi allocates and spends significant resources to clear Invasive alien plants, and these restoration efforts also create significant employment opportunities, amounting to 266,375 person-days of work, during the last financial year. Notably, a portion of this work was carried out by emerging enterprises that are currently being trained and mentored through Sappi’s Enterprise Supplier Development (ESD) programme, fostering inclusive economic participation and capacity building. Restoring what’s at risk Beyond managing what already exists on our land, we’re also looking ahead, working to restore and safeguard species that are at risk of disappearing altogether. Sappi’s Rare, Threatened and Endangered Species (RTES) Programme has been working since 2014 to protect South Africa’s most vulnerable plant species. Initially focused on Warburgia salutaris, a medicinal tree threatened by wild harvesting, the programme has successfully cultivated and distributed thousands of nursery-grown plants to ease harvesting pressure and support long-term conservation. Building on this success, the programme now includes four additional species, each with unique propagation challenges. Among the new additions are Ocotea bullata (Black Stinkwood), Prunus africana (Red Stinkwood), and Curtisia dentata (Assegai). Early research at Sappi’s Shaw Research Centre has shown promising results for Prunus and Curtisia, with over 70% rooting success. However, Ocotea bullata has proven more difficult to propagate due to its slow growth and chemical defences, prompting a shift toward seed-based conservation. To ensure genetic diversity, Sappi is establishing a seed orchard using wild-sourced material from its own landholdings. This effort is supported by permits and collaboration with local nurseries. Efforts to collect viable Ocotea seed include canopy monitoring, GPS mapping, and experimental grafting—all part of a broader strategy to build a genetically diverse conservation orchard. As propagation protocols for Prunus africana and Curtisia dentata near completion, the RTES Programme is preparing to add new species such as Cryptocarya woodii (Cape Laurel) and Cryptocarya latifolia (Wild Quince). These trees are increasingly used by traditional healers as substitutes for Ocotea bullata, highlighting the ripple effects of overharvesting. By proactively expanding the programme, Sappi aims to safeguard not just individual species, but the broader ecosystems and cultural practices that depend on them. An Arbor Week highlight for Sappi In a fitting tribute to Arbor Week, we were honoured to welcome the Minister of Forestry, Fisheries and the Environment, Minister Dion George, to Sappi’s forestry operations in KwaZulu-Natal, in collaboration with PAMSA and Forestry SA. The educational visit provided the delegation with a firsthand look at our ongoing conservation efforts, including key highlights from our RTES programme. He was also introduced to the Miyawaki-style arboretum at our Shaw Research Centre, established in 2024. Inspired by the pioneering work of Japanese botanist Akira Miyawaki, this method involves planting indigenous trees in dense clusters to accelerate growth and restore biodiversity within compact spaces. With enthusiastic support from our staff, the arboretum is envisioned as a living classroom for plant identification, a sanctuary for local wildlife, and a lasting symbol of our commitment to ecological restoration and indigenous stewardship. On 2 September, Minister George together with industry colleagues, ceremonially planted six indigenous species at the Centre, marking a meaningful step in our journey to nurture resilient ecosystems and inspire future generations.