Here we are, mid-way through 2026 already, and only one year away from the next Rugby World Cup. It feels like yesterday when we beat the French in that epic quarter final in Paris. I can’t believe that was in 2023. Before I report back on the important stuff, please give me the moment to cherish my beloved Arsenal’s first Premier League trophy in 22 years. The Team decorated my office in all Arsenal pictures and flags to celebrate. (some pictures are still up!)
Now for the important things…
During Q2 all the Spirit Invest audits were successfully completed and Finance presented these to the Board in April. All FSCA submissions were finalised as well as annual tax submissions to the South African Revenue Service.
The Finance Team continued their key role in Spirit Invest by supporting Orion Wealth Managers as well as Orion Investment Managers with all their financial needs and reporting requirements.
Processes and internal controls were put in place for the newly formed Infiniti and Silverthorn companies (which fall under Orion Wealth Managers stable) and which have commenced generating some good business during Q2.
Monthly meetings were held between the CFO and the relevant MD’s where the financial performance was discussed and analysed. In these meetings focus is placed on the Key Financial Indicators within each company.
During the month of June, time was spent completing a Budget refresh for the second half of 2026 for each company. These Budgets were submitted for approval by the relevant company’s boards. I am pleased to report that the continued growth within Spirit Invest has not slowed down despite the current macro environment we are finding ourselves in. H1 2026 will also be remembered as very volatile in part due to the Middle East conflict having a material impact on the markets.
We would like to thank Johan, Liezl, Oscar and Leo for their continued hard work, supporting the Spirit Invest companies and always being willing to assist where possible. The Spirit Office will continue to push on to end the year strongly as we head into the latter part of 2026.
Looking forward to the second half of the year, Finance will continue to support Orion Investment Managers as well as Orion Wealth Managers where required and provide their financial needs and reporting requirements.
I wish everyone the best of luck to achieve their goals for the rest of 2026 and give you my assurance that the Finance and Operations teams will be on hand every step of the way to assist wherever.
