UHY GLOBAL AUGUST 2021 WORD OF WELCOME


WORD OF WELCOME


It gives me great pleasure to present this enhanced issue of UHY Global, our twice-yearly business magazine. Regular readers will notice a few additions. We have taken the most valuable parts from our annual credentials report and incorporated them into UHY Global, so the magazine now brings you even more. You can still read insightful and interesting business features and discussion on global issues, but you also have more UHY information at your fingertips: service listings, a worldwide contact directory of all our independent member firms, more client stories, and in every issue a focus on a particular service or sector. In this issue, we look at cybersecurity, and ask some of our experts to explain current risks and the mitigations businesses need to consider. As I write this introduction, the world is still struggling to contain the pandemic. Even though some economies are opening up again, vaccination programmes are underway and economic bounce-back forecasts are more positive than expected, I concede that there


is still some way to go before we can all return to life as normal. However, in our feature Opportunity from Adversity, we reveal how the pandemic’s disruptive force is driving new thinking and new business innovations across the world. I find it reassuring that entrepreneurial spirit and creativity can prevail despite the enormity of the challenge. In this issue of UHY Global we also look at some exciting commercial developments in Africa. Launched this year, the African Continental Free Trade Area promises to stimulate intra-continental cross-border trade in the coming years, and aims to lift tens of millions of people out of extreme poverty. And there is better news for the planet, too. Environmental, Social and Governance (ESG) reporting is a fast-growing requirement for organisations of all sizes to demonstrate responsible operations in the face of increasing demand from customers, shareholders and investors. In our article The Colour of Money is Green, we explore ESG’s benefits and impacts. Despite ongoing pressures and commercial uncertainties, I believe we can take heart in the resilience of people and the positive outlook that so many of you share and promote. I hope you enjoy UHY Global’s thought-provoking collection of stories


Dennis Petri Chairman, UHY International


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