The local athletics boss confirmed to SABC Sport that the organisation plans to commence the year by recognising standout athletes from 2023.
The specific venue and date for the event are still pending confirmation, although Moloi emphasised that not securing a medal at the World Athletics Championships in Budapest should not be the sole determinant for rewarding athletes efforts.
"Stay tuned for the forthcoming significant announcement regarding the annual awards ceremony’s date and venue. Advanced preparations are underway, ensuring the seamless execution of another successful awards event," Moloi told the public broadcaster.
"Before gearing up for the Olympic Games and focusing on athletes' preparations, it is essential to honour and celebrate those who excelled in the past year.
"The decision to shift the awards to January was motivated by the tranquil nature of the month."
Moloi further highlighted the focus this year revolves around bolstering the athletes' preparations for the upcoming Paris Games.
Since the World Championships in London in 2017, ASA have had any of its athletes securing a medal at a major event, however, there is determination to alter that narrative and achieve a different outcome at the Olympics.
"We’ve directed our entire resource pool towards gearing up for the upcoming Olympic Games and World Junior Championships in Peru later this year," he added.
"Our optimism persists in aiming for the podium in Paris, and our primary focus is on intensive preparations and inspiring our athletes to elevate their efforts.
"By initiating an Athletes Indaba, we aim to attentively address the concerns raised by our athletes and proceed accordingly."