The CA sector plans to achieve its compliance targets by increasing spending on SED initiatives in health, education, poverty alleviation and community development and more support of non-government organisations as well as public institutions.
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Current situation / challenges
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Recommended activities
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Socio-economic investment initiatives mostly focus on own communities and not the more disadvantaged where the need is greatest |
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Poor communication and coordination on initiatives |
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Lack of knowledge on where or how firms could become involved |
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Development projects do not always result in sustainable social development |
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Inadequate financial management capacity in various spheres of government |
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SAICA to initiate coordinated, viable development projects across organisations / firms |
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SAICA to publicise initiatives so that all firms and organisations know how and where they can become involved |
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To provide support (training, workshops, secondmentst) to government and other public institutions on a remunerative basis |
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Foodstuffs, Cosmetics and Disinfectants Act, 1972
