Bosch Holdings Enginuity March 2008 | Page 2

Chairman’s report The continuing negative impacts of the Eskom crisis will place increasing pressure on professionals to provide even more innovative and cost effective project solutions if we, as a country, strive to achieve anywhere near the 6% targeted growth. T his challenge is further exacerbated by the ongoing scarcity of technical skills, lack of public and private sector Client capacity and competence to support the delivery processes. This delivery is also constricted by the lack of consistent application and enforcement of Procurement legislation in the public sector, although progress is being achieved by the CIDB, with support of the Built Environment Professionals in promoting improvements to existing procedures. SBA and Munitech exhibit at IMESA Conference at the Durban ICC SBA and Munitech had a stand at the IMESA conference, which was held at Durban’s ICC in October 2007. This high profile conference was attended by over 700 delegates from Southern Africa and the rest of the world. “ W e regard IMESA (Institute of Municipal Engineering of Southern Africa) as one of the most relevant institutions in the sectors in which SBA and Munitech operate,” says Sid Turner, SBA’s national operations director. “This conference provided an excellent forum for sharing service delivery experiences and networking with colleagues and clients. What is unique is that through SBA and Munitech, the B&A Group is able to offer both infrastructure engineering and project management as well as operations and maintenance services to Municipal clients from one stable.” SBA and Munitech are gold class Affiliate members of IMESA. Standing: Max Stemele (SBA), Andrew Copley (Ethekwini Water and member of the conference Organising Committee), Sid Turner (SBA) and Steve McCarley (Munitech). Seated: Felicity Hunter (B&A Group) and Jason Holder (SBA). As a consequence of these issues, professionals are still expected to offer competitive (no problem here), but often highly reduced fees in response to poorly worded tender enquiries and in particular, Scope of Service documents. If we are to take the leading role expected of us in supporting economic growth, attracting, retaining and developing existing skills and at the same time provide a quality and value-adding service, we need to quickly move away from the view that price and not quality, is the differentiation of services. Within the B&A Group, we continue to place emphasis on quality and value for fees. We also want to retain the concept that our Clients are also our partners and that constructive relationships lead to more successful projects. It is appreciated that compliance with changing legislation is a challenge to all. Working together for mutual benefit is our preferred solution. I trust that you will find this issue of Enginuity both interesting and informative about the diverse activities of the Group companies. In the next edition, we will celebrate the 20 th anniversary of the formation of Munitech. We also expect to be able to report on our formal BEE rating, which is scheduled for March 2008. On page 9 in this edition of Enginuity there is a tribute to Sean Reilly, MD of Munitech and B&A Group Board Director who passed away on 4th January 2008 after an extended and brave fight against cancer. Sean was one of those people who came along only every so often, who saw solutions, not problems and who provided answers not questions. Churchi