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PDF 25 MB - Sun International | Investor Centre

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INTRODUCTION<br />

This past year has once again been a challenging one for the group and<br />

economic conditions have continued to be difficult. The global economy<br />

has been slow to recover while the World Cup brought some temporary<br />

relief to the local economy.<br />

<strong>Sun</strong> <strong>International</strong>’s casinos, hotels and resorts have felt the negative impact<br />

of the local and global economies. Whilst our casino operations have<br />

generally experienced consistency in footfall, the trend of customers<br />

spending less per visit has continued. The impact of the subdued Euroeconomy<br />

has resulted in the hotels and resorts continuing to experience a<br />

decline in inbound tourism, international groups and conventions bookings.<br />

Although the decline in economic activity appears to be stabilising, trading<br />

for the next period will remain challenging.<br />

CHAIRMAN’S REPORT<br />

SUSTAINABLE GROWTH<br />

Valli Moosa<br />

<strong>Sun</strong> <strong>International</strong> manages sustainability by focusing on economic, social<br />

and environmental issues across the group. The group has eleven key<br />

strategic imperatives to achieving sustainable growth which are underpinned<br />

by good corporate governance, responsible behaviour and ethical<br />

conduct. These are:<br />

Shareholder delivery<br />

Protect our business<br />

Our customers<br />

Strategic growth and expansion<br />

Business partnerships<br />

Innovation<br />

Human capital<br />

Transformation<br />

Environmental management<br />

Social responsibility<br />

Good governance<br />

These themes are covered in detail within this report.<br />

15

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