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- Belgotex, Belgotex is Africa’s leading carpet and artificial grass manufacturer. As a soft flooring specialist, the company designs, makes and distributes high-quality broadloom and modular carpets with custom solutions available to the commercial marketBelgotex has been a leader in the local flooring industry for more than 38 years and has a healthy export market for high end residential, corporate and commercial flooring. As a member of the multinational Belgotex International Group, with seven companies over four continents, the South African entity is proud to take Africa to the world. Belgotex’s global footprint is on the pulse of design, décor and lifestyle trends that enrich the brand experience that is delivered on home soil. Belgotex is Africa’s leading carpet and artificial grass manufacturer. As a soft flooring specialist, the company designs, makes and distributes high-quality broadloom and modular carpets with custom solutions available to the commercial market. Their extensive product portfolio includes luxury and specialist vinyls and artificial grass. The company’s continuous investment in technology has laid the foundation for manufacturing excellence and adapting to market trends has ensured that Belgotex remains competitive, locally and internationally. Belgotex takes great pride in their innovative approach to business, and in an age where the product is no longer a differentiator, they focus their investments and energy on their people, their brand, and their distribution channel. The Green Journey Operating from their 100 000m2 green factory, Belgotex is committed to sustainability on all levels. ‘We Tread Softly’ is one of their core values, and this is very evident in what they do. Raw materials for several products are derived from post-industrial and post-consumer waste, and the needle-punch ranges are made with a blend of polypropylene and recycled eco-fibre. This considerably lowers the embodied energy associated with virgin raw material use. A Carbon Footprint analysis was done in 2010 and, Belgotex developed their blueprint for carbon emission reductions, using integrated carbon management systems to reduce their carbon footprint significantly. Numerous energy optimisation initiatives have provided more sustainable energy sources, including the 17 million rand photovoltaic solar power plant that provides about 5% of the company’s annual energy requirement. The rainwater harvesting initiative considerably reduced water consumption by using rainwater from the factory’s roofs in non-critical applications. The company’s move to 100% solution dyed yarn production has also resulted in significant water, chemical and energy savings. This has saved a precious resource, distanced Belgotex from old technology and offers clients a far superior ‘stain proof’ yarn system. In alignment with the three Rs of waste management – reduce, reuse, and recycle – Belgotex seeks to reduce inputs, reuse materials and recycle waste from the company’s operations, effectively reducing the amount of waste sent to landfill. The ongoing ‘Green Journey’ aligns with Belgotex’s value We Tread Softly, which speaks to the company’s commitment to operational sustainability practices. Best Practice The company adheres to international best-practice principles and frameworks such as the ISO Quality and Environmental ISO 9001 (Quality management system), ISO 14001 (Environmental management system), ISO 14064/7 (Greenhouse gas emissions reporting), ISO 14040/4/6 (Life cycle assessment), ISO 14024/5 (Environmental labelling), GRI-GR4 Guidelines, 12 Principles, and the GreenTag and GreenStar 6 Star certifications. Belgotex Foundation The company has a history of establishing, supporting, and implementing programmes that uplift communities and organisations. The Belgotex Foundation, established in 2015, was initially dedicated to early childhood development. The Foundation success fully transformed numerous projects with their wide range of products but has concluded that the role of the Foundation was far greater than ECD revamps and upgrades. Edward Colle, Belgotex’s CEO and co-founder of the Belgotex Foundation said, “Belgotex believes wholeheartedly in a ‘hand-up’ rather than a ‘hand-out’ approach, and we are proud to be associated with initiatives that support the efforts of communities and individuals to improve their socio-economic circumstances.” “If we look around, we cannot be proud of the current situation in society. It may be more evident in this beautiful country we live in, but the same social decay and lack of inclusive growth is evident globally. This is not part of our purpose, and if we don’t address the situation, we will leave our children a very challenging set of cards. On a fundamental level, if we cannot look after our planet and the society that occupies it, we will have a very dysfunctional set of circumstances which will put immense pressure on business, as the environment will not be conducive to any form of growth. The sooner we address and deal with these issues the better it will be in the long run.” The Belgotex Academy was launched in 1999 and provides flooring installation training, technical sales training and estimating training across the various product categories offered by Belgotex. In addition, the company offers youth and employee development through internship and learnership programmes, various training and awareness programmes and employee wellness campaigns.EDWARD COLLE, after completing his studies at Stellenbosch, Colle spent four years working in one of his mother's businesses before officially joining Belgotex. He views this time as vital to his professional development, and the broad foundation he gained in this smaller business has stood him in good stead in his career at Belgotex. Belgotex was founded in the 1950s and evolved into a multi-national corporate spanning five continents. Despite being brought up in the flooring industry and being the third generation in this family-owned business, Colle earned his stripes before being promoted to the executive team. Starting on the factory floor, he moved slowly through the business, taking learnings from each stage of his journey and getting to know the staff on a personal level. Colle has spent the last eleven years with Belgotex and was appointed as CEO of Belgotex in August 2018. He has a passion for the industry which motivates him daily and is committed to building the company's brand. Sustainability in all aspects of the business is central to the way Belgotex does business. Colle brings a unique perspective to the business. He is acutely aware of the value of multiple insights and diversity of opinion, and says this inclusive attitude allows him to have an objective view of the world. This embodies his philosophy that there is no black or white in life and that your experiences and exposure to life are going to inform your perspective. Colle has a progressive management style and strongly supports the concept of the win-win approach. He has a clear vision for the future of Belgotex and the company continually strives to develop the business and inspire their people to achieve the unimaginable. Colle credits his ability to empathise with others, and trying to understand other people's viewpoints, as a strength that he contributed to his success. He points out that challenging the status quo is not always plain sailing, but by doing so they create greater opportunities and a greater meaning in what they do. "When facing challenges," says Colle, "managing your frustrations and focusing on your objectives are essential." The "Belgotex Green Journey" was initiated well before he joined the company, and he is committed to taking it to the next level. He views the environmental sustainability of the business as best practice, and as a never-ending journey. "On a fundamental level, if we cannot look after our planet and the society that occupies it, we will have a very dysfunctional set of circumstances which will put immense pressure on business, as the environment will not be conducive to any form of growth." Belgotex believes wholeheartedly in a 'hand-up' rather than a 'hand-out' approach, and Colle is co-founder of the Belgotex Foundation which was established seven years ago. The Foundation's focus was initially focused on three key areas: wildlife conservation, early childhood development and economic upliftment through vocational training, but has recently morphed into something much bigger. "We're proud to be associated with initiatives that support the efforts of communities and individuals to improve their socio-economic circumstances," says Colle. "And we have the opportunity to make a significant difference in society through the scale we've created." On a personal level, Colle and his wife Sarah are embarking on a 90-hectare agricultural restoration project. Sarah is a chef by profession so has always had a passion for food. Their plan is to run a training facility for the community in which they live so that these skills can be transferred and create a restaurant and deli which serves all the local ingredients to its patrons. "I'm not sure that we will ever find the perfect balance in life between work, family and social," says Colle, "but we try to juggle these three balls as effectively as possible." EDWARD COLLE, after completing his studies at Stellenbosch, Colle spent four years working in one of his mother's businesses before officially joining Belgotex. He views this time as vital to his professional development, and the broad foundation he gained in this smaller business has stood him in good stead in his career at Belgotex. Belgotex was founded in the 1950s and evolved into a multi-national corporate spanning five continents. Despite being brought up in the flooring industry and being the third generation in this family-owned business, Colle earned his stripes before being promoted to the executive team. Starting on the factory floor, he moved slowly through the business, taking learnings from each stage of his journey and getting to know the staff on a personal level. Colle has spent the last eleven years with Belgotex and was appointed as CEO of Belgotex in August 2018. He has a passion for the industry which motivates him daily and is committed to building the company's brand. Sustainability in all aspects of the business is central to the way Belgotex does business. Colle brings a unique perspective to the business. He is acutely aware of the value of multiple insights and diversity of opinion, and says this inclusive attitude allows him to have an objective view of the world. This embodies his philosophy that there is no black or white in life and that your experiences and exposure to life are going to inform your perspective. Colle has a progressive management style and strongly supports the concept of the win-win approach. He has a clear vision for the future of Belgotex and the company continually strives to develop the business and inspire their people to achieve the unimaginable. Colle credits his ability to empathise with others, and trying to understand other people's viewpoints, as a strength that he contributed to his success. He points out that challenging the status quo is not always plain sailing, but by doing so they create greater opportunities and a greater meaning in what they do. "When facing challenges," says Colle, "managing your frustrations and focusing on your objectives are essential." The "Belgotex Green Journey" was initiated well before he joined the company, and he is committed to taking it to the next level. He views the environmental sustainability of the business as best practice, and as a never-ending journey. "On a fundamental level, if we cannot look after our planet and the society that occupies it, we will have a very dysfunctional set of circumstances which will put immense pressure on business, as the environment will not be conducive to any form of growth." Belgotex believes wholeheartedly in a 'hand-up' rather than a 'hand-out' approach, and Colle is co-founder of the Belgotex Foundation which was established seven years ago. The Foundation's focus was initially focused on three key areas: wildlife conservation, early childhood development and economic upliftment through vocational training, but has recently morphed into something much bigger. "We're proud to be associated with initiatives that support the efforts of communities and individuals to improve their socio-economic circumstances," says Colle. "And we have the opportunity to make a significant difference in society through the scale we've created." On a personal level, Colle and his wife Sarah are embarking on a 90-hectare agricultural restoration project. Sarah is a chef by profession so has always had a passion for food. Their plan is to run a training facility for the community in which they live so that these skills can be transferred and create a restaurant and deli which serves all the local ingredients to its patrons. "I'm not sure that we will ever find the perfect balance in life between work, family and social," says Colle, "but we try to juggle these three balls as effectively as possible."
Belgotex is Africa’s leading carpet and artificial grass manufacturer. As a soft flooring specialist, the company designs, makes and distributes high-quality broadloom and modular carpets with custom solutions available to the commercial marketBelgotexBelgotex is Africa’s leading carpet and artificial grass manufacturer. As a soft flooring specialist, the company designs, makes and distributes high-quality broadloom and modular carpets with custom solutions available to the commercial marketBelgotex has been a leader in the local flooring industry for more than 38 years and has a healthy export market for high end residential, corporate and commercial flooring. As a member of the multinational Belgotex International Group, with seven companies over four continents, the South African entity is proud to take Africa to the world. Belgotex’s global footprint is on the pulse of design, décor and lifestyle trends that enrich the brand experience that is delivered on home soil. Belgotex is Africa’s leading carpet and artificial grass manufacturer. As a soft flooring specialist, the company designs, makes and distributes high-quality broadloom and modular carpets with custom solutions available to the commercial market. Their extensive product portfolio includes luxury and specialist vinyls and artificial grass. The company’s continuous investment in technology has laid the foundation for manufacturing excellence and adapting to market trends has ensured that Belgotex remains competitive, locally and internationally. Belgotex takes great pride in their innovative approach to business, and in an age where the product is no longer a differentiator, they focus their investments and energy on their people, their brand, and their distribution channel. The Green Journey Operating from their 100 000m2 green factory, Belgotex is committed to sustainability on all levels. ‘We Tread Softly’ is one of their core values, and this is very evident in what they do. Raw materials for several products are derived from post-industrial and post-consumer waste, and the needle-punch ranges are made with a blend of polypropylene and recycled eco-fibre. This considerably lowers the embodied energy associated with virgin raw material use. A Carbon Footprint analysis was done in 2010 and, Belgotex developed their blueprint for carbon emission reductions, using integrated carbon management systems to reduce their carbon footprint significantly. Numerous energy optimisation initiatives have provided more sustainable energy sources, including the 17 million rand photovoltaic solar power plant that provides about 5% of the company’s annual energy requirement. The rainwater harvesting initiative considerably reduced water consumption by using rainwater from the factory’s roofs in non-critical applications. The company’s move to 100% solution dyed yarn production has also resulted in significant water, chemical and energy savings. This has saved a precious resource, distanced Belgotex from old technology and offers clients a far superior ‘stain proof’ yarn system. In alignment with the three Rs of waste management – reduce, reuse, and recycle – Belgotex seeks to reduce inputs, reuse materials and recycle waste from the company’s operations, effectively reducing the amount of waste sent to landfill. The ongoing ‘Green Journey’ aligns with Belgotex’s value We Tread Softly, which speaks to the company’s commitment to operational sustainability practices. Best Practice The company adheres to international best-practice principles and frameworks such as the ISO Quality and Environmental ISO 9001 (Quality management system), ISO 14001 (Environmental management system), ISO 14064/7 (Greenhouse gas emissions reporting), ISO 14040/4/6 (Life cycle assessment), ISO 14024/5 (Environmental labelling), GRI-GR4 Guidelines, 12 Principles, and the GreenTag and GreenStar 6 Star certifications. Belgotex Foundation The company has a history of establishing, supporting, and implementing programmes that uplift communities and organisations. The Belgotex Foundation, established in 2015, was initially dedicated to early childhood development. The Foundation success fully transformed numerous projects with their wide range of products but has concluded that the role of the Foundation was far greater than ECD revamps and upgrades. Edward Colle, Belgotex’s CEO and co-founder of the Belgotex Foundation said, “Belgotex believes wholeheartedly in a ‘hand-up’ rather than a ‘hand-out’ approach, and we are proud to be associated with initiatives that support the efforts of communities and individuals to improve their socio-economic circumstances.” “If we look around, we cannot be proud of the current situation in society. It may be more evident in this beautiful country we live in, but the same social decay and lack of inclusive growth is evident globally. This is not part of our purpose, and if we don’t address the situation, we will leave our children a very challenging set of cards. On a fundamental level, if we cannot look after our planet and the society that occupies it, we will have a very dysfunctional set of circumstances which will put immense pressure on business, as the environment will not be conducive to any form of growth. The sooner we address and deal with these issues the better it will be in the long run.” The Belgotex Academy was launched in 1999 and provides flooring installation training, technical sales training and estimating training across the various product categories offered by Belgotex. In addition, the company offers youth and employee development through internship and learnership programmes, various training and awareness programmes and employee wellness campaigns.Full Name of Company: Belgotex South Africa Nature of Business: Manufacturing Services / Products: Flooring - carpets, vinyl, artificial grass, artificial sports surfaces, underlay Date Established: 1983 Subsidiaries: Greenfields, Likewise, Voke, YUDU Customer Base: Suppliers/ Retailers No. of Employees: 700+ Auditors / Accountants: Deloitte Bankers: Standard Bank Industry Quality Standards: ISO 9001; ISO 14000 series of standards: ISO 14025, ISO 14040/4/6, ISO 14064/7; ISO 18001, GreenTag Certification, GreenStar 6 Star Rating VISION To be a recognised, world-class, African brand showcase through our deep connection with our people, product and the planet. MISSION Belgotex design, manufacture and deliver quality floors that endure the speed of life. CORE PURPOSE We bring a platform for authenticity to every walk of life through creativity, communication and collaboration. KEY PERSONNEL CEO: Edward Colle Financial Director: Steve Truter CONTACT DETAILS Head Office Physical Address: 20 Chesterfield Road Postal Address: P.O. Box 3228, Pietermaritzburg, 3200 Tel: +27 (0)33 897 7500 E-mail: info@belgotex.co.za; hello@belgotex.co.za Website: www.belgotex.co.za Branches: Johannesburg, Cape Town, Port Elizabeth, Free State, UmhlangaEDWARD COLLE, after completing his studies at Stellenbosch, Colle spent four years working in one of his mother's businesses before officially joining Belgotex. He views this time as vital to his professional development, and the broad foundation he gained in this smaller business has stood him in good stead in his career at Belgotex. Belgotex was founded in the 1950s and evolved into a multi-national corporate spanning five continents. Despite being brought up in the flooring industry and being the third generation in this family-owned business, Colle earned his stripes before being promoted to the executive team. Starting on the factory floor, he moved slowly through the business, taking learnings from each stage of his journey and getting to know the staff on a personal level. Colle has spent the last eleven years with Belgotex and was appointed as CEO of Belgotex in August 2018. He has a passion for the industry which motivates him daily and is committed to building the company's brand. Sustainability in all aspects of the business is central to the way Belgotex does business. Colle brings a unique perspective to the business. He is acutely aware of the value of multiple insights and diversity of opinion, and says this inclusive attitude allows him to have an objective view of the world. This embodies his philosophy that there is no black or white in life and that your experiences and exposure to life are going to inform your perspective. Colle has a progressive management style and strongly supports the concept of the win-win approach. He has a clear vision for the future of Belgotex and the company continually strives to develop the business and inspire their people to achieve the unimaginable. Colle credits his ability to empathise with others, and trying to understand other people's viewpoints, as a strength that he contributed to his success. He points out that challenging the status quo is not always plain sailing, but by doing so they create greater opportunities and a greater meaning in what they do. "When facing challenges," says Colle, "managing your frustrations and focusing on your objectives are essential." The "Belgotex Green Journey" was initiated well before he joined the company, and he is committed to taking it to the next level. He views the environmental sustainability of the business as best practice, and as a never-ending journey. "On a fundamental level, if we cannot look after our planet and the society that occupies it, we will have a very dysfunctional set of circumstances which will put immense pressure on business, as the environment will not be conducive to any form of growth." Belgotex believes wholeheartedly in a 'hand-up' rather than a 'hand-out' approach, and Colle is co-founder of the Belgotex Foundation which was established seven years ago. The Foundation's focus was initially focused on three key areas: wildlife conservation, early childhood development and economic upliftment through vocational training, but has recently morphed into something much bigger. "We're proud to be associated with initiatives that support the efforts of communities and individuals to improve their socio-economic circumstances," says Colle. "And we have the opportunity to make a significant difference in society through the scale we've created." On a personal level, Colle and his wife Sarah are embarking on a 90-hectare agricultural restoration project. Sarah is a chef by profession so has always had a passion for food. Their plan is to run a training facility for the community in which they live so that these skills can be transferred and create a restaurant and deli which serves all the local ingredients to its patrons. "I'm not sure that we will ever find the perfect balance in life between work, family and social," says Colle, "but we try to juggle these three balls as effectively as possible." Full Name of Company: Belgotex South Africa Nature of Business: Manufacturing Services / Products: Flooring - carpets, vinyl, artificial grass, artificial sports surfaces, underlay Date Established: 1983 Subsidiaries: Greenfields, Likewise, Voke, YUDU Customer Base: Suppliers/ Retailers No. of Employees: 700+ Auditors / Accountants: Deloitte Bankers: Standard Bank Industry Quality Standards: ISO 9001; ISO 14000 series of standards: ISO 14025, ISO 14040/4/6, ISO 14064/7; ISO 18001, GreenTag Certification, GreenStar 6 Star Rating VISION To be a recognised, world-class, African brand showcase through our deep connection with our people, product and the planet. MISSION Belgotex design, manufacture and deliver quality floors that endure the speed of life. CORE PURPOSE We bring a platform for authenticity to every walk of life through creativity, communication and collaboration. KEY PERSONNEL CEO: Edward Colle Financial Director: Steve Truter CONTACT DETAILS Head Office Physical Address: 20 Chesterfield Road Postal Address: P.O. Box 3228, Pietermaritzburg, 3200 Tel: +27 (0)33 897 7500 E-mail: info@belgotex.co.za; hello@belgotex.co.za Website: www.belgotex.co.za Branches: Johannesburg, Cape Town, Port Elizabeth, Free State, Umhlanga Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Belgotex South Africa Nature of Business: Manufacturing Services / Products: Flooring - carpets, vinyl, artificial grass, artificial sports surfaces, underlay Date Established: 1983 Subsidiaries: Greenfields, Likewise, Voke, YUDU Customer Base: Suppliers/ Retailers No. of Employees: 700+ Auditors / Accountants: Deloitte Bankers: Standard Bank Industry Quality Standards: ISO 9001; ISO 14000 series of standards: ISO 14025, ISO 14040/4/6, ISO 14064/7; ISO 18001, GreenTag Certification, GreenStar 6 Star Rating VISION To be a recognised, world-class, African brand showcase through our deep connection with our people, product and the planet. MISSION Belgotex design, manufacture and deliver quality floors that endure the speed of life. CORE PURPOSE We bring a platform for authenticity to every walk of life through creativity, communication and collaboration. KEY PERSONNEL CEO: Edward Colle Financial Director: Steve Truter CONTACT DETAILS Head Office Physical Address: 20 Chesterfield Road Postal Address: P.O. Box 3228, Pietermaritzburg, 3200 Tel: +27 (0)33 897 7500 E-mail: info@belgotex.co.za ; hello@belgotex.co.za Website: www.belgotex.co.za Branches: Johannesburg, Cape Town, Port Elizabeth, Free State, Umhlanga Belgotex has been a leader in the local flooring industry for more than 38 years and has a healthy export market for high end residential, corporate and commercial flooring. As a member of the multinational Belgotex International Group, with seven companies over four continents, the South African entity is proud to take Africa to the world. Belgotex’s global footprint is on the pulse of design, décor and lifestyle trends that enrich the brand experience that is delivered on home soil. Belgotex is Africa’s leading carpet and artificial grass manufacturer. As a soft flooring specialist, the company designs, makes and distributes high-quality broadloom and modular carpets with custom solutions available to the commercial market. Their extensive product portfolio includes luxury and specialist vinyls and artificial grass. The company’s continuous investment in technology has laid the foundation for manufacturing excellence and adapting to market trends has ensured that Belgotex remains competitive, locally and internationally. Belgotex takes great pride in their innovative approach to business, and in an age where the product is no longer a differentiator, they focus their investments and energy on their people, their brand, and their distribution channel. The Green Journey Operating from their 100 000m2 green factory, Belgotex is committed to sustainability on all levels. ‘We Tread Softly’ is one of their core values, and this is very evident in what they do. Raw materials for several products are derived from post-industrial and post-consumer waste, and the needle-punch ranges are made with a blend of polypropylene and recycled eco-fibre. This considerably lowers the embodied energy associated with virgin raw material use. A Carbon Footprint analysis was done in 2010 and, Belgotex developed their blueprint for carbon emission reductions, using integrated carbon management systems to reduce their carbon footprint significantly. Numerous energy optimisation initiatives have provided more sustainable energy sources, including the 17 million rand photovoltaic solar power plant that provides about 5% of the company’s annual energy requirement. The rainwater harvesting initiative considerably reduced water consumption by using rainwater from the factory’s roofs in non-critical applications. The company’s move to 100% solution dyed yarn production has also resulted in significant water, chemical and energy savings. This has saved a precious resource, distanced Belgotex from old technology and offers clients a far superior ‘stain proof’ yarn system. In alignment with the three Rs of waste management – reduce, reuse, and recycle – Belgotex seeks to reduce inputs, reuse materials and recycle waste from the company’s operations, effectively reducing the amount of waste sent to landfill. The ongoing ‘Green Journey’ aligns with Belgotex’s value We Tread Softly, which speaks to the company’s commitment to operational sustainability practices. Best Practice The company adheres to international best-practice principles and frameworks such as the ISO Quality and Environmental ISO 9001 (Quality management system), ISO 14001 (Environmental management system), ISO 14064/7 (Greenhouse gas emissions reporting), ISO 14040/4/6 (Life cycle assessment), ISO 14024/5 (Environmental labelling), GRI-GR4 Guidelines, 12 Principles, and the GreenTag and GreenStar 6 Star certifications. Belgotex Foundation The company has a history of establishing, supporting, and implementing programmes that uplift communities and organisations. The Belgotex Foundation, established in 2015, was initially dedicated to early childhood development. The Foundation success fully transformed numerous projects with their wide range of products but has concluded that the role of the Foundation was far greater than ECD revamps and upgrades. Edward Colle, Belgotex’s CEO and co-founder of the Belgotex Foundation said, “Belgotex believes wholeheartedly in a ‘hand-up’ rather than a ‘hand-out’ approach, and we are proud to be associated with initiatives that support the efforts of communities and individuals to improve their socio-economic circumstances.” “If we look around, we cannot be proud of the current situation in society. It may be more evident in this beautiful country we live in, but the same social decay and lack of inclusive growth is evident globally. This is not part of our purpose, and if we don’t address the situation, we will leave our children a very challenging set of cards. On a fundamental level, if we cannot look after our planet and the society that occupies it, we will have a very dysfunctional set of circumstances which will put immense pressure on business, as the environment will not be conducive to any form of growth. The sooner we address and deal with these issues the better it will be in the long run.” The Belgotex Academy was launched in 1999 and provides flooring installation training, technical sales training and estimating training across the various product categories offered by Belgotex. In addition, the company offers youth and employee development through internship and learnership programmes, various training and awareness programmes and employee wellness campaigns. More About the CEO Edward Colle Meet the CEO
- Bluff Meat Supply , With 25 retail outlets ‘Your Family Butcher’ can be found on your way to work or coming back homeThe Bluff Meat Supply/Mndeni Meat Group was founded in 1960 as a family run business. The business has grown into an entity that has consistently been KwaZulu-Natal’s favourite family butcher since its earliest days. From humble beginnings on the Bluff in 1960 and Mndeni Meats outlets started in 1986, the group has grown into a multi-faceted meat group, encompassing both retail and manufacturing entities. These consist of the following: • 20 Bluff Meat Supply retail outlets • 5 Bluff Meat Supply Mndeni Meats retail outlets With 25 retail outlets ‘Your Family Butcher’ can be found on your way to work or coming back home. As professional master butchers, they source the best quality ingredients from reputable local and international suppliers, which guarantee the freshest meat and meat products at your nearest Bluff Meat Supply. They always have a wide variety of all these products in stock freshly cut and prepared or made to order. Just like the ever-changing dynamics within the South African market, Bluff Meat Supply and Mndeni Meats have adapted to the needs of the South African consumer. They are strategically located across the KwaZulu-Natal region with their stores firmly placed as the provider of choice for the middle to lower income groups. Highest Standards At Bluff Meat Supply/Mndeni Meat our dedication as professional master butchers means that they can be relied on to consistently deliver quality product at affordable prices, earning them a reputation they are proud of: they can be trusted to help grow healthy families. Families are at the heart of each and every South African and Bluff Meat Supply and Mndeni Meats, are no different. Their high-quality standards and competition beating prices have resulted in an ever-increasing demand for their products, which are available to the public at all Bluff Meat Supply and Mndeni Meats stores. They source the best quality ingredients from reputable local and international suppliers which guarantee the freshest meat and meat products at your nearest Bluff Meat Supply. Look to them for any beef, lamb, pork, chicken and processed products. They always have a wide variety of all these products in stock freshly cut and prepared or made to order. They have been voted KZN’s favourite butchery for the past 13 years running, by the Daily News (http://yourchoicekzn.co.za/) The stores have also won numerous Cleaver Awards over the years, as voted best butchery in KZN by the Red Meat Association of SA https://www.facebook.com/CleaverAwards/ Their Brand Through their BMS brand, Bluff Meat Supply special ises in supplying local and export markets with leading meat products to the food service and retail industries. Bluff Meat Supply supplies the full range of meat cuts and carcasses into the meat industry, including food manufacture, butchery, retail, pet food and other channels. The BMS/Mndeni brand provides the same quality product while focussing on the strategic price points to facilitate retail outlets that can service the greater community.
With 25 retail outlets ‘Your Family Butcher’ can be found on your way to work or coming back homeBluff Meat Supply With 25 retail outlets ‘Your Family Butcher’ can be found on your way to work or coming back homeThe Bluff Meat Supply/Mndeni Meat Group was founded in 1960 as a family run business. The business has grown into an entity that has consistently been KwaZulu-Natal’s favourite family butcher since its earliest days. From humble beginnings on the Bluff in 1960 and Mndeni Meats outlets started in 1986, the group has grown into a multi-faceted meat group, encompassing both retail and manufacturing entities. These consist of the following: • 20 Bluff Meat Supply retail outlets • 5 Bluff Meat Supply Mndeni Meats retail outlets With 25 retail outlets ‘Your Family Butcher’ can be found on your way to work or coming back home. As professional master butchers, they source the best quality ingredients from reputable local and international suppliers, which guarantee the freshest meat and meat products at your nearest Bluff Meat Supply. They always have a wide variety of all these products in stock freshly cut and prepared or made to order. Just like the ever-changing dynamics within the South African market, Bluff Meat Supply and Mndeni Meats have adapted to the needs of the South African consumer. They are strategically located across the KwaZulu-Natal region with their stores firmly placed as the provider of choice for the middle to lower income groups. Highest Standards At Bluff Meat Supply/Mndeni Meat our dedication as professional master butchers means that they can be relied on to consistently deliver quality product at affordable prices, earning them a reputation they are proud of: they can be trusted to help grow healthy families. Families are at the heart of each and every South African and Bluff Meat Supply and Mndeni Meats, are no different. Their high-quality standards and competition beating prices have resulted in an ever-increasing demand for their products, which are available to the public at all Bluff Meat Supply and Mndeni Meats stores. They source the best quality ingredients from reputable local and international suppliers which guarantee the freshest meat and meat products at your nearest Bluff Meat Supply. Look to them for any beef, lamb, pork, chicken and processed products. They always have a wide variety of all these products in stock freshly cut and prepared or made to order. They have been voted KZN’s favourite butchery for the past 13 years running, by the Daily News (http://yourchoicekzn.co.za/) The stores have also won numerous Cleaver Awards over the years, as voted best butchery in KZN by the Red Meat Association of SA https://www.facebook.com/CleaverAwards/ Their Brand Through their BMS brand, Bluff Meat Supply special ises in supplying local and export markets with leading meat products to the food service and retail industries. Bluff Meat Supply supplies the full range of meat cuts and carcasses into the meat industry, including food manufacture, butchery, retail, pet food and other channels. The BMS/Mndeni brand provides the same quality product while focussing on the strategic price points to facilitate retail outlets that can service the greater community.Full Name of Company: Bluff Meat Supply (PTY) LTD Nature of Business: FMCG: Butchery Services / Products: Fresh and Frozen Meat and Ready to Eat Products Date Established: 1960 Customer Base: LSM 5 - 10 No. of Employees: 2500 VISION To be recognised countrywide as the leading independent butcher. MISSION To continue to build our business by being Master Butchers: • By being proud of our ability. • Using our pride to create ownership and loyalty. • Supplementing our ability as Master Butchers with business savvy. • Ensuring the loyalty of suppliers. • And most of all, satisfying our customer. KEY PERSONNEL Group CEO: Mark Bielovich Retail CEO: Vince Holtzhausen Retail Executive: Mark Barker Finance Director: Devin Griffiths Head of Marketing: Cameron Belling Commercial Executive: Rudi Ortmann Facilities Executive: Bradley Loubser IT Executive: Gary Hutchinson CONTACT DETAILS HEAD OFFICE Physical Address: 1399 Chris Hani Road, Durban North, KZN Tel: +27 (0)31 350 4440 E-mail: feedback@bluffmeatsupply.co.za Website: www.bluffmeatsupply.co.zaFull Name of Company: Bluff Meat Supply (PTY) LTD Nature of Business: FMCG: Butchery Services / Products: Fresh and Frozen Meat and Ready to Eat Products Date Established: 1960 Customer Base: LSM 5 - 10 No. of Employees: 2500 VISION To be recognised countrywide as the leading independent butcher. MISSION To continue to build our business by being Master Butchers: • By being proud of our ability. • Using our pride to create ownership and loyalty. • Supplementing our ability as Master Butchers with business savvy. • Ensuring the loyalty of suppliers. • And most of all, satisfying our customer. KEY PERSONNEL Group CEO: Mark Bielovich Retail CEO: Vince Holtzhausen Retail Executive: Mark Barker Finance Director: Devin Griffiths Head of Marketing: Cameron Belling Commercial Executive: Rudi Ortmann Facilities Executive: Bradley Loubser IT Executive: Gary Hutchinson CONTACT DETAILS HEAD OFFICE Physical Address: 1399 Chris Hani Road, Durban North, KZN Tel: +27 (0)31 350 4440 E-mail: feedback@bluffmeatsupply.co.za Website: www.bluffmeatsupply.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Bluff Meat Supply (PTY) LTD Nature of Business: FMCG: Butchery Services / Products: Fresh and Frozen Meat and Ready to Eat Products Date Established: 1960 Customer Base: LSM 5 - 10 No. of Employees: 2500 VISION To be recognised countrywide as the leading independent butcher. MISSION To continue to build our business by being Master Butchers: • By being proud of our ability. • Using our pride to create ownership and loyalty. • Supplementing our ability as Master Butchers with business savvy. • Ensuring the loyalty of suppliers. • And most of all, satisfying our customer. KEY PERSONNEL Group CEO: Mark Bielovich Retail CEO: Vince Holtzhausen Retail Executive: Mark Barker Finance Director: Devin Griffiths Head of Marketing: Cameron Belling Commercial Executive: Rudi Ortmann Facilities Executive: Bradley Loubser IT Executive: Gary Hutchinson CONTACT DETAILS HEAD OFFICE Physical Address: 1399 Chris Hani Road, Durban North, KZN Tel: +27 (0)31 350 4440 E-mail: feedback@bluffmeatsupply.co.za Website: www.bluffmeatsupply.co.za The Bluff Meat Supply/Mndeni Meat Group was founded in 1960 as a family run business. The business has grown into an entity that has consistently been KwaZulu-Natal’s favourite family butcher since its earliest days. From humble beginnings on the Bluff in 1960 and Mndeni Meats outlets started in 1986, the group has grown into a multi-faceted meat group, encompassing both retail and manufacturing entities. These consist of the following: • 20 Bluff Meat Supply retail outlets • 5 Bluff Meat Supply Mndeni Meats retail outlets With 25 retail outlets ‘Your Family Butcher’ can be found on your way to work or coming back home. As professional master butchers, they source the best quality ingredients from reputable local and international suppliers, which guarantee the freshest meat and meat products at your nearest Bluff Meat Supply. They always have a wide variety of all these products in stock freshly cut and prepared or made to order. Just like the ever-changing dynamics within the South African market, Bluff Meat Supply and Mndeni Meats have adapted to the needs of the South African consumer. They are strategically located across the KwaZulu-Natal region with their stores firmly placed as the provider of choice for the middle to lower income groups. Highest Standards At Bluff Meat Supply/Mndeni Meat our dedication as professional master butchers means that they can be relied on to consistently deliver quality product at affordable prices, earning them a reputation they are proud of: they can be trusted to help grow healthy families. Families are at the heart of each and every South African and Bluff Meat Supply and Mndeni Meats, are no different. Their high-quality standards and competition beating prices have resulted in an ever-increasing demand for their products, which are available to the public at all Bluff Meat Supply and Mndeni Meats stores. They source the best quality ingredients from reputable local and international suppliers which guarantee the freshest meat and meat products at your nearest Bluff Meat Supply. Look to them for any beef, lamb, pork, chicken and processed products. They always have a wide variety of all these products in stock freshly cut and prepared or made to order. They have been voted KZN’s favourite butchery for the past 13 years running, by the Daily News (http://yourchoicekzn.co.za/) The stores have also won numerous Cleaver Awards over the years, as voted best butchery in KZN by the Red Meat Association of SA https://www.facebook.com/CleaverAwards/ Their Brand Through their BMS brand, Bluff Meat Supply special ises in supplying local and export markets with leading meat products to the food service and retail industries. Bluff Meat Supply supplies the full range of meat cuts and carcasses into the meat industry, including food manufacture, butchery, retail, pet food and other channels. The BMS/Mndeni brand provides the same quality product while focussing on the strategic price points to facilitate retail outlets that can service the greater community. More About the CEO Mark Bielovich Meet the CEO
- Icebolethu Group , Icebolethu Group was established in 2009 by Group Chief Executive Officer Nomfundo Mcoyi who was inspired by the need for a reputable funeral service providerIcebolethu Group was established in 2009 by Group Chief Executive Officer Dr Nomfundo Mcoyi-Zondo who was inspired by the need for a reputable funeral service provider, particularly in black communities. Through hard work, unwavering dedication, and ambition, fourteen years later, Icebolethu Group has over one hundred and thirty customer service branches and 32 mortuaries, two call centres, a training academy, and admin offices in Durban and Johannesburg. Eight years ago, Icebolethu Group opened a branch in London, England specifically to take care of South Africans and SADC nationals living and working in the United Kingdom (icebolethuinternational.com). The London branch mainly offers repatriation and funeral cover for SADC residents living in the UK. Within Icebolethu Funerals is Icebolethu Corporate which offers group scheme funeral cover that provides products and services to individuals belonging to group schemes such as companies, churches, stokvels, associations, and similar groups. The aim is to make Icebolethu Group accessible to all those who need it and through partnerships with bigger organisations, members are covered and get Icebolethu benefits through the scheme funeral cover. The company also has a fleet centre, an academy for staff training and two call centres. The company’s motto, ‘We do life with you’ is shown through the company offering lifestyle products to its clients through partnerships with brands like Pick n Pay, Shoprite, Ster Kinekor, Nu Metro, The Foschini Group, Steers, Milky Lane, Woodford Car Hire, and other established brands. The company has also partnered with a payment portal company, allowing its members to pay their premiums at many retailers across the country. The organisation provides a 24-hour call centre service and has packages designed to suit the desired target audience to ensure maximum customer satisfaction. The vision of Icebolethu Group is to be the centre of excellence in the funeral Industry. This influences the ethos and organisational culture of the company and is filtered throughout the organisation within all structures and departments. Icebolethu Group is also guided by five values namely providing an efficient and effective service without compromising industry standards, acting with honesty and integrity, providing a zero-defect service, creating a safe, healthy, and stimulating environment for employees, and providing effective social corporate investments that will benefit the greater society. Teamwork is an essential part of any profession which is why all Icebolethu staff members are trained to become part of the team, bringing their skills, experience, and expertise, thus ensuring that their input in the workplace benefits the entire organisation. Icebolethu Group has a staff complement of over 1 700 employees, with the majority of employees from communities in which Icebolethu branches are located. As the company expands, the number of employees will continue to increase, making Icebolethu Group a key employer not only within the province, but across SA as they rollout more branches in Gauteng and more. Funeral planning requires many resources and manpower which is why certain tasks and equipment are outsourced to smaller companies within townships and rural areas. This commitment to supplier development helps to grow the businesses of black owned companies. Regarded as a lifestyle brand, Icebolethu Group provides services, solutions, and benefits that their clients enjoy for a full life cycle; while alive, at passing, and after life. For the past 14 years, Icebolethu Group has strived to be of quality service to their clients and has continuously reviewed their products and services to suit client needs. With the inclusion of a Catering, Inkomo, and Tombstone plan that serve as additional top-ups, families are guaranteed peace of mind during their time of bereavement. Icebolethu Foundation was established in 2015 after the need to reinvest in the communities that the company serves was identified by its management. The Foundation is now providing aid to communities within KwaZulu-Natal and Gauteng with the aim of uplifting, empowering, and facilitating change by developing sustainable solutions for the youth and the elderly. As a socially responsible organisation driven by African values, the group celebrates our country’s diversity and cultural wisdom. The key focus of the Foundation includes education, orphans, and vulnerable children and supporting sustainable living for the elderly. These projects include a home building initiative, where much-needed dignified and fully furnished homes for families in need are built throughout KwaZulu-Natal, and the recently introduced Computer Centres which are located in rural areas to close the information gap for school students. The Foundation has a few agricultural projects to aid poverty-stricken communities through donations of water tanks, seedlings, and gardens where Icebolethu purchases land for farmers to commercialise their crops in different regions of KwaZulu-Natal. The principal project within the Foundation is the Rhoda Girls, which is a programme very close to the heart of Dr Nomfundo Mcoyi-Zondo who wanted to give young ladies from disadvantaged backgrounds a better opportunity to break the cycle of poverty. The programme has benefited over hundred girls between the ages of 13 – 21 whom Icebolethu grooms over five years. This is done through workshops, camps, and mentorship programmes. The ladies are also assisted financially with school and tertiary fees, transport, and school stationery.
Icebolethu Group was established in 2009 by Group Chief Executive Officer Nomfundo Mcoyi who was inspired by the need for a reputable funeral service providerIcebolethu Group Icebolethu Group was established in 2009 by Group Chief Executive Officer Nomfundo Mcoyi who was inspired by the need for a reputable funeral service providerIcebolethu Group was established in 2009 by Group Chief Executive Officer Dr Nomfundo Mcoyi-Zondo who was inspired by the need for a reputable funeral service provider, particularly in black communities. Through hard work, unwavering dedication, and ambition, fourteen years later, Icebolethu Group has over one hundred and thirty customer service branches and 32 mortuaries, two call centres, a training academy, and admin offices in Durban and Johannesburg. Eight years ago, Icebolethu Group opened a branch in London, England specifically to take care of South Africans and SADC nationals living and working in the United Kingdom (icebolethuinternational.com). The London branch mainly offers repatriation and funeral cover for SADC residents living in the UK. Within Icebolethu Funerals is Icebolethu Corporate which offers group scheme funeral cover that provides products and services to individuals belonging to group schemes such as companies, churches, stokvels, associations, and similar groups. The aim is to make Icebolethu Group accessible to all those who need it and through partnerships with bigger organisations, members are covered and get Icebolethu benefits through the scheme funeral cover. The company also has a fleet centre, an academy for staff training and two call centres. The company’s motto, ‘We do life with you’ is shown through the company offering lifestyle products to its clients through partnerships with brands like Pick n Pay, Shoprite, Ster Kinekor, Nu Metro, The Foschini Group, Steers, Milky Lane, Woodford Car Hire, and other established brands. The company has also partnered with a payment portal company, allowing its members to pay their premiums at many retailers across the country. The organisation provides a 24-hour call centre service and has packages designed to suit the desired target audience to ensure maximum customer satisfaction. The vision of Icebolethu Group is to be the centre of excellence in the funeral Industry. This influences the ethos and organisational culture of the company and is filtered throughout the organisation within all structures and departments. Icebolethu Group is also guided by five values namely providing an efficient and effective service without compromising industry standards, acting with honesty and integrity, providing a zero-defect service, creating a safe, healthy, and stimulating environment for employees, and providing effective social corporate investments that will benefit the greater society. Teamwork is an essential part of any profession which is why all Icebolethu staff members are trained to become part of the team, bringing their skills, experience, and expertise, thus ensuring that their input in the workplace benefits the entire organisation. Icebolethu Group has a staff complement of over 1 700 employees, with the majority of employees from communities in which Icebolethu branches are located. As the company expands, the number of employees will continue to increase, making Icebolethu Group a key employer not only within the province, but across SA as they rollout more branches in Gauteng and more. Funeral planning requires many resources and manpower which is why certain tasks and equipment are outsourced to smaller companies within townships and rural areas. This commitment to supplier development helps to grow the businesses of black owned companies. Regarded as a lifestyle brand, Icebolethu Group provides services, solutions, and benefits that their clients enjoy for a full life cycle; while alive, at passing, and after life. For the past 14 years, Icebolethu Group has strived to be of quality service to their clients and has continuously reviewed their products and services to suit client needs. With the inclusion of a Catering, Inkomo, and Tombstone plan that serve as additional top-ups, families are guaranteed peace of mind during their time of bereavement. Icebolethu Foundation was established in 2015 after the need to reinvest in the communities that the company serves was identified by its management. The Foundation is now providing aid to communities within KwaZulu-Natal and Gauteng with the aim of uplifting, empowering, and facilitating change by developing sustainable solutions for the youth and the elderly. As a socially responsible organisation driven by African values, the group celebrates our country’s diversity and cultural wisdom. The key focus of the Foundation includes education, orphans, and vulnerable children and supporting sustainable living for the elderly. These projects include a home building initiative, where much-needed dignified and fully furnished homes for families in need are built throughout KwaZulu-Natal, and the recently introduced Computer Centres which are located in rural areas to close the information gap for school students. The Foundation has a few agricultural projects to aid poverty-stricken communities through donations of water tanks, seedlings, and gardens where Icebolethu purchases land for farmers to commercialise their crops in different regions of KwaZulu-Natal. The principal project within the Foundation is the Rhoda Girls, which is a programme very close to the heart of Dr Nomfundo Mcoyi-Zondo who wanted to give young ladies from disadvantaged backgrounds a better opportunity to break the cycle of poverty. The programme has benefited over hundred girls between the ages of 13 – 21 whom Icebolethu grooms over five years. This is done through workshops, camps, and mentorship programmes. The ladies are also assisted financially with school and tertiary fees, transport, and school stationery.Full Name of Company: Icebolethu Group Icebolethu Group Comprises: ■ Icebolethu Funerals ■ Icebolethu Burial Service ■ Icebolethu Tombstones ■ Icebolethu Funerals UK ■ Icebolethu Foundation ■ Icebolethu Security Services ■ Icebolethu Academy ■ Icebolethu Properties and Investments ■ Icebolethu Catering ■ Icebolethu Memorials. ■ iMobile ■ iTravel No. of Employees: 1 700 Bank: ABSA, Capitec, First National Bank, Nedbank and Standard Bank OUR VISION Our Vision is to be the center of excellence in the funeral Industry. To offer services equal to none in order to propel strong growth for our company. OUR MISSION Our mission is to deliver exceptional service as a funeral society to perform dignified funerals and services. To provide an efficient and effective service without compromising industry standards. KEY PERSONNEL CEO: Nomfundo Mcoyi-Zondo CONTACT DETAILS Physical Address: 277 Umbilo Road, Congella, Durban, 4000 Tel: +27 (0)31 719 1865 E-mail: nkosenhle@kenakosa.co.za; onie@kenakosa.co.za; events@icebolethu.co.za Website: www.icebolethugroup.co.zaFull Name of Company: Icebolethu Group Icebolethu Group Comprises: ■ Icebolethu Funerals ■ Icebolethu Burial Service ■ Icebolethu Tombstones ■ Icebolethu Funerals UK ■ Icebolethu Foundation ■ Icebolethu Security Services ■ Icebolethu Academy ■ Icebolethu Properties and Investments ■ Icebolethu Catering ■ Icebolethu Memorials. ■ iMobile ■ iTravel No. of Employees: 1 700 Bank: ABSA, Capitec, First National Bank, Nedbank and Standard Bank OUR VISION Our Vision is to be the center of excellence in the funeral Industry. To offer services equal to none in order to propel strong growth for our company. OUR MISSION Our mission is to deliver exceptional service as a funeral society to perform dignified funerals and services. To provide an efficient and effective service without compromising industry standards. KEY PERSONNEL CEO: Nomfundo Mcoyi-Zondo CONTACT DETAILS Physical Address: 277 Umbilo Road, Congella, Durban, 4000 Tel: +27 (0)31 719 1865 E-mail: nkosenhle@kenakosa.co.za; onie@kenakosa.co.za; events@icebolethu.co.za Website: www.icebolethugroup.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Icebolethu Group Icebolethu Group Comprises: ■ Icebolethu Funerals ■ Icebolethu Burial Service ■ Icebolethu Tombstones ■ Icebolethu Funerals UK ■ Icebolethu Foundation ■ Icebolethu Security Services ■ Icebolethu Academy ■ Icebolethu Properties and Investments ■ Icebolethu Catering ■ Icebolethu Memorials. ■ iMobile ■ iTravel No. of Employees: 1 700 Bank: ABSA, Capitec, First National Bank, Nedbank and Standard Bank OUR VISION Our Vision is to be the center of excellence in the funeral Industry. To offer services equal to none in order to propel strong growth for our company. OUR MISSION Our mission is to deliver exceptional service as a funeral society to perform dignified funerals and services. To provide an efficient and effective service without compromising industry standards. KEY PERSONNEL CEO: Nomfundo Mcoyi-Zondo CONTACT DETAILS Physical Address: 277 Umbilo Road, Congella, Durban, 4000 Tel: +27 (0)31 719 1865 E-mail: nkosenhle@kenakosa.co.za ; onie@kenakosa.co.za ; events@icebolethu.co.za Website: www.icebolethugroup.co.za Icebolethu Group was established in 2009 by Group Chief Executive Officer Dr Nomfundo Mcoyi-Zondo who was inspired by the need for a reputable funeral service provider, particularly in black communities. Through hard work, unwavering dedication, and ambition, fourteen years later, Icebolethu Group has over one hundred and thirty customer service branches and 32 mortuaries, two call centres, a training academy, and admin offices in Durban and Johannesburg. Eight years ago, Icebolethu Group opened a branch in London, England specifically to take care of South Africans and SADC nationals living and working in the United Kingdom (icebolethuinternational.com). The London branch mainly offers repatriation and funeral cover for SADC residents living in the UK. Within Icebolethu Funerals is Icebolethu Corporate which offers group scheme funeral cover that provides products and services to individuals belonging to group schemes such as companies, churches, stokvels, associations, and similar groups. The aim is to make Icebolethu Group accessible to all those who need it and through partnerships with bigger organisations, members are covered and get Icebolethu benefits through the scheme funeral cover. The company also has a fleet centre, an academy for staff training and two call centres. The company’s motto, ‘We do life with you’ is shown through the company offering lifestyle products to its clients through partnerships with brands like Pick n Pay, Shoprite, Ster Kinekor, Nu Metro, The Foschini Group, Steers, Milky Lane, Woodford Car Hire, and other established brands. The company has also partnered with a payment portal company, allowing its members to pay their premiums at many retailers across the country. The organisation provides a 24-hour call centre service and has packages designed to suit the desired target audience to ensure maximum customer satisfaction. The vision of Icebolethu Group is to be the centre of excellence in the funeral Industry. This influences the ethos and organisational culture of the company and is filtered throughout the organisation within all structures and departments. Icebolethu Group is also guided by five values namely providing an efficient and effective service without compromising industry standards, acting with honesty and integrity, providing a zero-defect service, creating a safe, healthy, and stimulating environment for employees, and providing effective social corporate investments that will benefit the greater society. Teamwork is an essential part of any profession which is why all Icebolethu staff members are trained to become part of the team, bringing their skills, experience, and expertise, thus ensuring that their input in the workplace benefits the entire organisation. Icebolethu Group has a staff complement of over 1 700 employees, with the majority of employees from communities in which Icebolethu branches are located. As the company expands, the number of employees will continue to increase, making Icebolethu Group a key employer not only within the province, but across SA as they rollout more branches in Gauteng and more. Funeral planning requires many resources and manpower which is why certain tasks and equipment are outsourced to smaller companies within townships and rural areas. This commitment to supplier development helps to grow the businesses of black owned companies. Regarded as a lifestyle brand, Icebolethu Group provides services, solutions, and benefits that their clients enjoy for a full life cycle; while alive, at passing, and after life. For the past 14 years, Icebolethu Group has strived to be of quality service to their clients and has continuously reviewed their products and services to suit client needs. With the inclusion of a Catering, Inkomo, and Tombstone plan that serve as additional top-ups, families are guaranteed peace of mind during their time of bereavement. Icebolethu Foundation was established in 2015 after the need to reinvest in the communities that the company serves was identified by its management. The Foundation is now providing aid to communities within KwaZulu-Natal and Gauteng with the aim of uplifting, empowering, and facilitating change by developing sustainable solutions for the youth and the elderly. As a socially responsible organisation driven by African values, the group celebrates our country’s diversity and cultural wisdom. The key focus of the Foundation includes education, orphans, and vulnerable children and supporting sustainable living for the elderly. These projects include a home building initiative, where much-needed dignified and fully furnished homes for families in need are built throughout KwaZulu-Natal, and the recently introduced Computer Centres which are located in rural areas to close the information gap for school students. The Foundation has a few agricultural projects to aid poverty-stricken communities through donations of water tanks, seedlings, and gardens where Icebolethu purchases land for farmers to commercialise their crops in different regions of KwaZulu-Natal. The principal project within the Foundation is the Rhoda Girls, which is a programme very close to the heart of Dr Nomfundo Mcoyi-Zondo who wanted to give young ladies from disadvantaged backgrounds a better opportunity to break the cycle of poverty. The programme has benefited over hundred girls between the ages of 13 – 21 whom Icebolethu grooms over five years. This is done through workshops, camps, and mentorship programmes. The ladies are also assisted financially with school and tertiary fees, transport, and school stationery. More About the CEO Nomfundo Mcoyi Meet the CEO
- SUPAHOT, SUPAHOT’s goal is to be the go-to company for versatile geyser solutionsThe company’s journey started in 2018 when SUPAHOT took over and rebranded the Franke range. Since then, they have worked day and night to bring their customers only the best in geysers. Breaking into this business has had its challenges as the company’s competitors had set the bar very high. In order to meet the same standards, SUPAHOT needed to bring together the best manufacturing machinery and the most skilled staff. They have succeeded and are now one of only three manufacturers in the country. Their strategy for breaking into an already monopolistic market has been quality and localisation. This strategy required a campaign to create awareness of their products quality characteristics among end users – particularly among plumbers. Geyser Design SUPAHOT’s geysers are characteristically different from existing manufacturers and competitors; they have gone back to the basics of geyser design. In addition, they are not cutting costs: the minimum specification for an anode in a geyser is 19mm, theirs is larger which adds considerably to the lifespan of a geyser. They’ve kept a galvanised endcap whereas the market, for cost savings purposes, has moved to plastic. While the endcaps are much more expensive than plastic, the benefits are that metal retains heat better than plastic and consequently is more energy efficient. It is also more robust. The geysers are made according to ‘world class methods’, as such each of the components of manufacture has received close scrutiny. An important aspect of a geyser is the welding, and the welding is performed by the best robotic welding machines in the world, used by car manufactures, the likes of Toyota, Porsche and BMW. The enamelling process is the next most important aspect of manufacturing. They have a world-class dry powder coating process by an electrostatic system, and the geyser’s boiler is baked at 840°C to cure and bake the enamel. But SUPAHOT haven’t stopped there. They are constantly looking for ways to innovate and improve on their geysers, such as introducing a specially designed foaming agent created by a chemical engineer. The foam between the boiler and the outer case further assists in retaining the heat, which in turn regulates how often the thermal element kicks in. This process makes SUPAHOT geysers in aggregate about 7% more energy efficient than their competitors – bearing in mind all geysers have to comply with new regulations requiring they are B rated (as opposed to the old less energy-efficient D rating). Due to the better quality and components, the cost of the geysers will consequently be more expensive by a margin of perhaps 15% but their pricing will be market related. Their products boast high quality and durability, designed to last longer and work better. Certified as energy efficient to save you money! Ahead of the Industry Norms The SUPAHOT facility will have the capacity to produce about 20 000 units a month, and the plan is for these to be distributed through the retail market, both independents and nationals. Shaaz Moosa, owner and managing director. says, “Geysers are a highly monopolised market in South Africa, and the major players have monopolised the market, dictating pricing, as well as how, when and where you buy their product. Our components are universal and can be bought anywhere.” To give their valued customers the best in geysers, SUPAHOT have looked at innovative ways to adapt to the current needs of the clients and be ahead of the industry norms. With this in mind the SupaSo7ar system came to life. The system has several key features that ensure that it is both state-of-the-art pieces of equipment and value for money; making it the best option for a wide range of clients. Even though this offering is energy efficient and equipped with the latest technologies, it still keeps in line with the company’s mission to be a versatile geyser solution to plumbers everywhere. Moosa says he would ultimately like consumers to be as aware of the features of their geyser as they are today of their television sets, fridges and other appliances in their homes – as the geyser is also an appliance. “A geyser is an electrical item, and I want to make the end user – be it the plumber or the homeowner – more aware of the different products available, as well as their differences. They shouldn’t buy a geyser brand just because they have to – they must make an informed decision.” Moosa says a plumber can install any element he chooses. He says the companies BBBEE level 1 rating is helpful and looks forward to servicing the plumber, homeowner and retailer.
SUPAHOT’s goal is to be the go-to company for versatile geyser solutionsSUPAHOTSUPAHOT’s goal is to be the go-to company for versatile geyser solutionsThe company’s journey started in 2018 when SUPAHOT took over and rebranded the Franke range. Since then, they have worked day and night to bring their customers only the best in geysers. Breaking into this business has had its challenges as the company’s competitors had set the bar very high. In order to meet the same standards, SUPAHOT needed to bring together the best manufacturing machinery and the most skilled staff. They have succeeded and are now one of only three manufacturers in the country. Their strategy for breaking into an already monopolistic market has been quality and localisation. This strategy required a campaign to create awareness of their products quality characteristics among end users – particularly among plumbers. Geyser Design SUPAHOT’s geysers are characteristically different from existing manufacturers and competitors; they have gone back to the basics of geyser design. In addition, they are not cutting costs: the minimum specification for an anode in a geyser is 19mm, theirs is larger which adds considerably to the lifespan of a geyser. They’ve kept a galvanised endcap whereas the market, for cost savings purposes, has moved to plastic. While the endcaps are much more expensive than plastic, the benefits are that metal retains heat better than plastic and consequently is more energy efficient. It is also more robust. The geysers are made according to ‘world class methods’, as such each of the components of manufacture has received close scrutiny. An important aspect of a geyser is the welding, and the welding is performed by the best robotic welding machines in the world, used by car manufactures, the likes of Toyota, Porsche and BMW. The enamelling process is the next most important aspect of manufacturing. They have a world-class dry powder coating process by an electrostatic system, and the geyser’s boiler is baked at 840°C to cure and bake the enamel. But SUPAHOT haven’t stopped there. They are constantly looking for ways to innovate and improve on their geysers, such as introducing a specially designed foaming agent created by a chemical engineer. The foam between the boiler and the outer case further assists in retaining the heat, which in turn regulates how often the thermal element kicks in. This process makes SUPAHOT geysers in aggregate about 7% more energy efficient than their competitors – bearing in mind all geysers have to comply with new regulations requiring they are B rated (as opposed to the old less energy-efficient D rating). Due to the better quality and components, the cost of the geysers will consequently be more expensive by a margin of perhaps 15% but their pricing will be market related. Their products boast high quality and durability, designed to last longer and work better. Certified as energy efficient to save you money! Ahead of the Industry Norms The SUPAHOT facility will have the capacity to produce about 20 000 units a month, and the plan is for these to be distributed through the retail market, both independents and nationals. Shaaz Moosa, owner and managing director. says, “Geysers are a highly monopolised market in South Africa, and the major players have monopolised the market, dictating pricing, as well as how, when and where you buy their product. Our components are universal and can be bought anywhere.” To give their valued customers the best in geysers, SUPAHOT have looked at innovative ways to adapt to the current needs of the clients and be ahead of the industry norms. With this in mind the SupaSo7ar system came to life. The system has several key features that ensure that it is both state-of-the-art pieces of equipment and value for money; making it the best option for a wide range of clients. Even though this offering is energy efficient and equipped with the latest technologies, it still keeps in line with the company’s mission to be a versatile geyser solution to plumbers everywhere. Moosa says he would ultimately like consumers to be as aware of the features of their geyser as they are today of their television sets, fridges and other appliances in their homes – as the geyser is also an appliance. “A geyser is an electrical item, and I want to make the end user – be it the plumber or the homeowner – more aware of the different products available, as well as their differences. They shouldn’t buy a geyser brand just because they have to – they must make an informed decision.” Moosa says a plumber can install any element he chooses. He says the companies BBBEE level 1 rating is helpful and looks forward to servicing the plumber, homeowner and retailer. Full Name of Company: SUPAHOT Nature of Business: Geyser manufacturing Products: Electric geysers and solar geyser systems Date Established: 2018 No. of Employees: B-BBEE Status: MISSION Our mission is to bring the best water heating systems to the market, based on our core values of service, quality, longevity and customer engagement. KEY PERSONNEL Owner and Managing Director: Shaaz Moosa CFO: CONTACT DETAILS HEAD OFFICE Tel: +27 (0)10 271 3030 E-mail: info@supahot.co.za Website: www.supahot.co.za Full Name of Company: SUPAHOT Nature of Business: Geyser manufacturing Products: Electric geysers and solar geyser systems Date Established: 2018 No. of Employees: B-BBEE Status: MISSION Our mission is to bring the best water heating systems to the market, based on our core values of service, quality, longevity and customer engagement. KEY PERSONNEL Owner and Managing Director: Shaaz Moosa CFO: CONTACT DETAILS HEAD OFFICE Tel: +27 (0)10 271 3030 E-mail: info@supahot.co.za Website: www.supahot.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: SUPAHOT Nature of Business: Geyser manufacturing Products: Electric geysers and solar geyser systems Date Established: 2018 No. of Employees: B-BBEE Status: MISSION Our mission is to bring the best water heating systems to the market, based on our core values of service, quality, longevity and customer engagement. KEY PERSONNEL Owner and Managing Director: Shaaz Moosa CFO: CONTACT DETAILS HEAD OFFICE Tel: +27 (0)10 271 3030 E-mail: info@supahot.co.za Website: www.supahot.co.za The company’s journey started in 2018 when SUPAHOT took over and rebranded the Franke range. Since then, they have worked day and night to bring their customers only the best in geysers. Breaking into this business has had its challenges as the company’s competitors had set the bar very high. In order to meet the same standards, SUPAHOT needed to bring together the best manufacturing machinery and the most skilled staff. They have succeeded and are now one of only three manufacturers in the country. Their strategy for breaking into an already monopolistic market has been quality and localisation. This strategy required a campaign to create awareness of their products quality characteristics among end users – particularly among plumbers. Geyser Design SUPAHOT’s geysers are characteristically different from existing manufacturers and competitors; they have gone back to the basics of geyser design. In addition, they are not cutting costs: the minimum specification for an anode in a geyser is 19mm, theirs is larger which adds considerably to the lifespan of a geyser. They’ve kept a galvanised endcap whereas the market, for cost savings purposes, has moved to plastic. While the endcaps are much more expensive than plastic, the benefits are that metal retains heat better than plastic and consequently is more energy efficient. It is also more robust. The geysers are made according to ‘world class methods’, as such each of the components of manufacture has received close scrutiny. An important aspect of a geyser is the welding, and the welding is performed by the best robotic welding machines in the world, used by car manufactures, the likes of Toyota, Porsche and BMW. The enamelling process is the next most important aspect of manufacturing. They have a world-class dry powder coating process by an electrostatic system, and the geyser’s boiler is baked at 840°C to cure and bake the enamel. But SUPAHOT haven’t stopped there. They are constantly looking for ways to innovate and improve on their geysers, such as introducing a specially designed foaming agent created by a chemical engineer. The foam between the boiler and the outer case further assists in retaining the heat, which in turn regulates how often the thermal element kicks in. This process makes SUPAHOT geysers in aggregate about 7% more energy efficient than their competitors – bearing in mind all geysers have to comply with new regulations requiring they are B rated (as opposed to the old less energy-efficient D rating). Due to the better quality and components, the cost of the geysers will consequently be more expensive by a margin of perhaps 15% but their pricing will be market related. Their products boast high quality and durability, designed to last longer and work better. Certified as energy efficient to save you money! Ahead of the Industry Norms The SUPAHOT facility will have the capacity to produce about 20 000 units a month, and the plan is for these to be distributed through the retail market, both independents and nationals. Shaaz Moosa, owner and managing director. says, “Geysers are a highly monopolised market in South Africa, and the major players have monopolised the market, dictating pricing, as well as how, when and where you buy their product. Our components are universal and can be bought anywhere.” To give their valued customers the best in geysers, SUPAHOT have looked at innovative ways to adapt to the current needs of the clients and be ahead of the industry norms. With this in mind the SupaSo7ar system came to life. The system has several key features that ensure that it is both state-of-the-art pieces of equipment and value for money; making it the best option for a wide range of clients. Even though this offering is energy efficient and equipped with the latest technologies, it still keeps in line with the company’s mission to be a versatile geyser solution to plumbers everywhere. Moosa says he would ultimately like consumers to be as aware of the features of their geyser as they are today of their television sets, fridges and other appliances in their homes – as the geyser is also an appliance. “A geyser is an electrical item, and I want to make the end user – be it the plumber or the homeowner – more aware of the different products available, as well as their differences. They shouldn’t buy a geyser brand just because they have to – they must make an informed decision.” Moosa says a plumber can install any element he chooses. He says the companies BBBEE level 1 rating is helpful and looks forward to servicing the plumber, homeowner and retailer. More About the CEO Shaaz Moosa Meet the CEO
- Hirsch's, The Hirsch’s started off small, building a strong base of customers over the years, first with repairs and second-hand repaired appliances and then as a fully-fledged appliance retailerAllan and Margaret Hirsch started their family run appliance business in a tiny showroom in Umhlanga Rocks Drive, Durban in 1979. Today Hirsch’s has grown into a chain of mega appliance and home furnishing stores in KwaZulu-Natal, the Cape and Gauteng. Their strength, they believe, is in their well- trained staff and customer service. The Hirsch’s started off small, building a strong base of customers over the years, first with repairs and second-hand repaired appliances and then as a fully-fledged appliance retailer. Hirsch’s is very much a family run business with all four members of the Hirsch family involved in the day-to-day operations. As a family, the Hirsch’s form a formidable force supported by their management team who have a strong commitment to the same goals. They are backed by 850 permanent employees who are as dedicated to the company as the Hirsch’s and their management team are. A Solid Reputation Over the years the company has continued to build a solid reputation by being associated with big brands, giving great service and carrying a wide range of products for the home. In KZN in 2000, they started their Home Store concept, where almost everything for the home can be purchased under one roof. This proved to be a great success and two years later, in 2002, they took the concept to Gauteng. In April 2012 they opened their first branch in Cape Town (Milnerton). They also have a strong online presence with customers from around South Africa shopping from Hirsch’s online site. Over the past 43 years their entrepreneurial spirit has helped drive the growth of the business. In 1983 Allan bought a couple of microwaves believing that this was one of the new must have products. He was disappointed to still have microwaves in stock at the end of the month. The Hirsch’s decided to have an evening cooking demonstration and sold 11 microwaves on the first evening. However, once people bought the microwaves, they didn’t know how to use them, so Margaret started a microwave cookery school. Margaret said, “I always say to people, “If you knew that you were going to succeed, would you try it?” and they always say ‘Yes’. Don’t let anything hold you back from trying new things in your life.” Despite the downturn in the economy in the last two years, Hirsch’s have still managed to open three new branches around the country. They opened the first SMEG Concept store in Africa in the Cape in 2021. They also opened a new Samsung Concept store in the Cape in 2021 and a brand new state-of-the-art flagship Hirsch’s store in Waterfall in the Midrand opened its doors for the first time in 2022. Charities and Sponsorships The Hirsch family does not take anything for granted and are regularly involved in various charities and sponsorships. Their giving nature ensures that they are always willing to help those in need. Allan, for instance, is a patron of the Phoenix Child Welfare society and Richard is a patron of the Claire-Ellis School. Margaret is involved with the School for the Blind in Gauteng. Since 2012, she has been instrumental in helping to get the Girls with Dignity project off the ground and has personally purchased thousands of panty packs to hand out to girls in underprivileged areas so they can attend school full time. She also gives inspirational talks to all the students. Being passionate about women’s empowerment and entrepreneurship, Margaret started business women’s and entrepreneurial networking events around the country. These were held instore until the pandemic and are now held virtually. She is also always involved in regular cooking events in store – highlighting different products and putting the spotlight on guest chefs she cooks with. Technology and Marketing Commenting on Hirsch’s marketing strategy, and how online advertising has become an important feature, Allan says “Technology has become almost unrecognisable over the years. We have reached this amazing communicative age where things happen instantly. A lot more people are shopping online and having goods delivered to them the next day.” Sustainability and Environment Allan is passionate about the environment and energy efficiency. “Many years ago, I realised how important energy efficiency was in South Africa. It made me very aware of how appliances can be used effectively and how certain appliances use less water and less electricity and are quieter than others. It is something we have been driving and we try to encourage the consumer to buy energy efficient products. I believe as an appliance retail store we really can influence decisions and at the same time make a difference. We believe it starts at the socket. If things that are not being used are unplugged it makes a difference,” he says.ALLAN HIRSCH is an outstanding example of someone who came from humble beginnings and had to overcome personal challenges to become successful. He illustrates that "where you begin does not determine where you can go." Allan left school in standard seven due to dyslexia and trained as an electrical appliances' mechanic. Afterwards, he started working for a company, where he and the owner had different views on business. The owner wanted to keep increasing margins, while Allan wanted reasonable rates and to provide great service to keep customers' happy. His employer's suggestion that Allan should go on his own was both exciting and daunting for him. Being newly married, having bought his first property, and the birth of his first child, delayed his decision, but he eventually opened an electrical appliance repair store in Durban North in 1979. He recalls being "absolutely flat broke" the day Hirsch's Electrical Repairs opened, having spent all his money on rent, the electricity deposit, and marketing. He says it was enormously symbolic being able to buy a loaf of bread costing 11 cents on his way home. Initially, Allan only repaired goods, but his reputation and knowledge led to him to becoming a formal dealer as well. He recalls working long hours when others took weekends off. With the help of his wife and partner, and the use of innovative marketing, and a big demand was created for Hirsh's products. More branches were opened, initially in KZN, and later Hirsch's became a national brand and the biggest privately-owned appliance dealer in southern Africa. Allan says hard work with a goal in mind was necessary. Retail requires listening to customers and keeping them happy; he believes his success is due to serving others. He says, "I realised my purpose in life is to serve." His leadership style is quite simple. "People are human, grow them, teach them skills, and more than just selling or servicing, teach them how the business works." Seeing staff grow, improve their circumstances and being happy with their lives inspires him. "We like to keep people part of us, but if they leave, they take their skills elsewhere and we wish them well." He gets serious when stating, "Honesty, integrity, and loyalty are required; these principles can't be compromised and are not negotiable. We are totally transparent about the business with our staff." He believes that "having a why" is important for staying passionate and for being a good leader. The book "Start with Why" by Simon Sinek, describes this view and helped him define the 'why' for Hirsch's. Selecting quality products and suppliers is important for him. His view is: "Look after your suppliers and they will look after you". Trust must be earned and Allan still tries to enhance the good reputation Hirsch's has built over 40 years. "Winners always keep going. You need to keep your vision and keep on working hard when things go wrong." He acknowledges that being accessible differentiates him. His door is always open to customers and his contact details are freely available. He answers calls personally, and if necessary, apologises and sorts a customer's problem. He maintains that "who is right is less important than the customer being happy." Allan has received wide recognition for his contribution to business. Winning the Marketing Management Institute's "Marketer of the Year Award" in 1994 stands out for him. Allan and his wife Margaret have been married for 47 years. They have two children, Richard and Luci, both of whom are part of the business, and he is the proud grandfather of five boys. Mention should be made that Allan keenly follows sport, especially cricket. Since he has a "why", Allan says, he is ready to serve for another 40 years, or however long he may have. ALLAN HIRSCH is an outstanding example of someone who came from humble beginnings and had to overcome personal challenges to become successful. He illustrates that "where you begin does not determine where you can go." Allan left school in standard seven due to dyslexia and trained as an electrical appliances' mechanic. Afterwards, he started working for a company, where he and the owner had different views on business. The owner wanted to keep increasing margins, while Allan wanted reasonable rates and to provide great service to keep customers' happy. His employer's suggestion that Allan should go on his own was both exciting and daunting for him. Being newly married, having bought his first property, and the birth of his first child, delayed his decision, but he eventually opened an electrical appliance repair store in Durban North in 1979. He recalls being "absolutely flat broke" the day Hirsch's Electrical Repairs opened, having spent all his money on rent, the electricity deposit, and marketing. He says it was enormously symbolic being able to buy a loaf of bread costing 11 cents on his way home. Initially, Allan only repaired goods, but his reputation and knowledge led to him to becoming a formal dealer as well. He recalls working long hours when others took weekends off. With the help of his wife and partner, and the use of innovative marketing, and a big demand was created for Hirsh's products. More branches were opened, initially in KZN, and later Hirsch's became a national brand and the biggest privately-owned appliance dealer in southern Africa. Allan says hard work with a goal in mind was necessary. Retail requires listening to customers and keeping them happy; he believes his success is due to serving others. He says, "I realised my purpose in life is to serve." His leadership style is quite simple. "People are human, grow them, teach them skills, and more than just selling or servicing, teach them how the business works." Seeing staff grow, improve their circumstances and being happy with their lives inspires him. "We like to keep people part of us, but if they leave, they take their skills elsewhere and we wish them well." He gets serious when stating, "Honesty, integrity, and loyalty are required; these principles can't be compromised and are not negotiable. We are totally transparent about the business with our staff." He believes that "having a why" is important for staying passionate and for being a good leader. The book "Start with Why" by Simon Sinek, describes this view and helped him define the 'why' for Hirsch's. Selecting quality products and suppliers is important for him. His view is: "Look after your suppliers and they will look after you". Trust must be earned and Allan still tries to enhance the good reputation Hirsch's has built over 40 years. "Winners always keep going. You need to keep your vision and keep on working hard when things go wrong." He acknowledges that being accessible differentiates him. His door is always open to customers and his contact details are freely available. He answers calls personally, and if necessary, apologises and sorts a customer's problem. He maintains that "who is right is less important than the customer being happy." Allan has received wide recognition for his contribution to business. Winning the Marketing Management Institute's "Marketer of the Year Award" in 1994 stands out for him. Allan and his wife Margaret have been married for 47 years. They have two children, Richard and Luci, both of whom are part of the business, and he is the proud grandfather of five boys. Mention should be made that Allan keenly follows sport, especially cricket. Since he has a "why", Allan says, he is ready to serve for another 40 years, or however long he may have.
The Hirsch’s started off small, building a strong base of customers over the years, first with repairs and second-hand repaired appliances and then as a fully-fledged appliance retailerHirsch'sThe Hirsch’s started off small, building a strong base of customers over the years, first with repairs and second-hand repaired appliances and then as a fully-fledged appliance retailerAllan and Margaret Hirsch started their family run appliance business in a tiny showroom in Umhlanga Rocks Drive, Durban in 1979. Today Hirsch’s has grown into a chain of mega appliance and home furnishing stores in KwaZulu-Natal, the Cape and Gauteng. Their strength, they believe, is in their well- trained staff and customer service. The Hirsch’s started off small, building a strong base of customers over the years, first with repairs and second-hand repaired appliances and then as a fully-fledged appliance retailer. Hirsch’s is very much a family run business with all four members of the Hirsch family involved in the day-to-day operations. As a family, the Hirsch’s form a formidable force supported by their management team who have a strong commitment to the same goals. They are backed by 850 permanent employees who are as dedicated to the company as the Hirsch’s and their management team are. A Solid Reputation Over the years the company has continued to build a solid reputation by being associated with big brands, giving great service and carrying a wide range of products for the home. In KZN in 2000, they started their Home Store concept, where almost everything for the home can be purchased under one roof. This proved to be a great success and two years later, in 2002, they took the concept to Gauteng. In April 2012 they opened their first branch in Cape Town (Milnerton). They also have a strong online presence with customers from around South Africa shopping from Hirsch’s online site. Over the past 43 years their entrepreneurial spirit has helped drive the growth of the business. In 1983 Allan bought a couple of microwaves believing that this was one of the new must have products. He was disappointed to still have microwaves in stock at the end of the month. The Hirsch’s decided to have an evening cooking demonstration and sold 11 microwaves on the first evening. However, once people bought the microwaves, they didn’t know how to use them, so Margaret started a microwave cookery school. Margaret said, “I always say to people, “If you knew that you were going to succeed, would you try it?” and they always say ‘Yes’. Don’t let anything hold you back from trying new things in your life.” Despite the downturn in the economy in the last two years, Hirsch’s have still managed to open three new branches around the country. They opened the first SMEG Concept store in Africa in the Cape in 2021. They also opened a new Samsung Concept store in the Cape in 2021 and a brand new state-of-the-art flagship Hirsch’s store in Waterfall in the Midrand opened its doors for the first time in 2022. Charities and Sponsorships The Hirsch family does not take anything for granted and are regularly involved in various charities and sponsorships. Their giving nature ensures that they are always willing to help those in need. Allan, for instance, is a patron of the Phoenix Child Welfare society and Richard is a patron of the Claire-Ellis School. Margaret is involved with the School for the Blind in Gauteng. Since 2012, she has been instrumental in helping to get the Girls with Dignity project off the ground and has personally purchased thousands of panty packs to hand out to girls in underprivileged areas so they can attend school full time. She also gives inspirational talks to all the students. Being passionate about women’s empowerment and entrepreneurship, Margaret started business women’s and entrepreneurial networking events around the country. These were held instore until the pandemic and are now held virtually. She is also always involved in regular cooking events in store – highlighting different products and putting the spotlight on guest chefs she cooks with. Technology and Marketing Commenting on Hirsch’s marketing strategy, and how online advertising has become an important feature, Allan says “Technology has become almost unrecognisable over the years. We have reached this amazing communicative age where things happen instantly. A lot more people are shopping online and having goods delivered to them the next day.” Sustainability and Environment Allan is passionate about the environment and energy efficiency. “Many years ago, I realised how important energy efficiency was in South Africa. It made me very aware of how appliances can be used effectively and how certain appliances use less water and less electricity and are quieter than others. It is something we have been driving and we try to encourage the consumer to buy energy efficient products. I believe as an appliance retail store we really can influence decisions and at the same time make a difference. We believe it starts at the socket. If things that are not being used are unplugged it makes a difference,” he says.Full Name of Company: Hirsch’s Industry Sector: Trade - Retail Services / Products: Merchandise Date Established: 1979 No. of Employees: 850 Auditors: Keller Williams Bankers: Standard Bank KEY PERSONNEL Chairman: Allan Hirsch Executive Director: Margaret Hirsch CEO: Richard Hirsch Brand Manager: Luci Hirsch Jackson Managing Director: Paul Brown Financial Director: Scott Power Merchandise Director: Kumaren Moodley Admin Director: Paul Lockwood Operations and Sales Director: Norman Brassell CONTACT DETAILS HEAD OFFICE Physical Address: 1211 Umgeni Road, Durban Tel: +27 (0)31 582 4401 E-mail: paulb@hirschs.co.za Website: www.hirschs.co.zaALLAN HIRSCH is an outstanding example of someone who came from humble beginnings and had to overcome personal challenges to become successful. He illustrates that "where you begin does not determine where you can go." Allan left school in standard seven due to dyslexia and trained as an electrical appliances' mechanic. Afterwards, he started working for a company, where he and the owner had different views on business. The owner wanted to keep increasing margins, while Allan wanted reasonable rates and to provide great service to keep customers' happy. His employer's suggestion that Allan should go on his own was both exciting and daunting for him. Being newly married, having bought his first property, and the birth of his first child, delayed his decision, but he eventually opened an electrical appliance repair store in Durban North in 1979. He recalls being "absolutely flat broke" the day Hirsch's Electrical Repairs opened, having spent all his money on rent, the electricity deposit, and marketing. He says it was enormously symbolic being able to buy a loaf of bread costing 11 cents on his way home. Initially, Allan only repaired goods, but his reputation and knowledge led to him to becoming a formal dealer as well. He recalls working long hours when others took weekends off. With the help of his wife and partner, and the use of innovative marketing, and a big demand was created for Hirsh's products. More branches were opened, initially in KZN, and later Hirsch's became a national brand and the biggest privately-owned appliance dealer in southern Africa. Allan says hard work with a goal in mind was necessary. Retail requires listening to customers and keeping them happy; he believes his success is due to serving others. He says, "I realised my purpose in life is to serve." His leadership style is quite simple. "People are human, grow them, teach them skills, and more than just selling or servicing, teach them how the business works." Seeing staff grow, improve their circumstances and being happy with their lives inspires him. "We like to keep people part of us, but if they leave, they take their skills elsewhere and we wish them well." He gets serious when stating, "Honesty, integrity, and loyalty are required; these principles can't be compromised and are not negotiable. We are totally transparent about the business with our staff." He believes that "having a why" is important for staying passionate and for being a good leader. The book "Start with Why" by Simon Sinek, describes this view and helped him define the 'why' for Hirsch's. Selecting quality products and suppliers is important for him. His view is: "Look after your suppliers and they will look after you". Trust must be earned and Allan still tries to enhance the good reputation Hirsch's has built over 40 years. "Winners always keep going. You need to keep your vision and keep on working hard when things go wrong." He acknowledges that being accessible differentiates him. His door is always open to customers and his contact details are freely available. He answers calls personally, and if necessary, apologises and sorts a customer's problem. He maintains that "who is right is less important than the customer being happy." Allan has received wide recognition for his contribution to business. Winning the Marketing Management Institute's "Marketer of the Year Award" in 1994 stands out for him. Allan and his wife Margaret have been married for 47 years. They have two children, Richard and Luci, both of whom are part of the business, and he is the proud grandfather of five boys. Mention should be made that Allan keenly follows sport, especially cricket. Since he has a "why", Allan says, he is ready to serve for another 40 years, or however long he may have. Full Name of Company: Hirsch’s Industry Sector: Trade - Retail Services / Products: Merchandise Date Established: 1979 No. of Employees: 850 Auditors: Keller Williams Bankers: Standard Bank KEY PERSONNEL Chairman: Allan Hirsch Executive Director: Margaret Hirsch CEO: Richard Hirsch Brand Manager: Luci Hirsch Jackson Managing Director: Paul Brown Financial Director: Scott Power Merchandise Director: Kumaren Moodley Admin Director: Paul Lockwood Operations and Sales Director: Norman Brassell CONTACT DETAILS HEAD OFFICE Physical Address: 1211 Umgeni Road, Durban Tel: +27 (0)31 582 4401 E-mail: paulb@hirschs.co.za Website: www.hirschs.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Hirsch’s Industry Sector: Trade - Retail Services / Products: Merchandise Date Established: 1979 No. of Employees: 850 Auditors: Keller Williams Bankers: Standard Bank KEY PERSONNEL Chairman: Allan Hirsch Executive Director: Margaret Hirsch CEO: Richard Hirsch Brand Manager: Luci Hirsch Jackson Managing Director: Paul Brown Financial Director: Scott Power Merchandise Director: Kumaren Moodley Admin Director: Paul Lockwood Operations and Sales Director: Norman Brassell CONTACT DETAILS HEAD OFFICE Physical Address: 1211 Umgeni Road, Durban Tel: +27 (0)31 582 4401 E-mail: paulb@hirschs.co.za Website: www.hirschs.co.za Allan and Margaret Hirsch started their family run appliance business in a tiny showroom in Umhlanga Rocks Drive, Durban in 1979. Today Hirsch’s has grown into a chain of mega appliance and home furnishing stores in KwaZulu-Natal, the Cape and Gauteng. Their strength, they believe, is in their well- trained staff and customer service. The Hirsch’s started off small, building a strong base of customers over the years, first with repairs and second-hand repaired appliances and then as a fully-fledged appliance retailer. Hirsch’s is very much a family run business with all four members of the Hirsch family involved in the day-to-day operations. As a family, the Hirsch’s form a formidable force supported by their management team who have a strong commitment to the same goals. They are backed by 850 permanent employees who are as dedicated to the company as the Hirsch’s and their management team are. A Solid Reputation Over the years the company has continued to build a solid reputation by being associated with big brands, giving great service and carrying a wide range of products for the home. In KZN in 2000, they started their Home Store concept, where almost everything for the home can be purchased under one roof. This proved to be a great success and two years later, in 2002, they took the concept to Gauteng. In April 2012 they opened their first branch in Cape Town (Milnerton). They also have a strong online presence with customers from around South Africa shopping from Hirsch’s online site. Over the past 43 years their entrepreneurial spirit has helped drive the growth of the business. In 1983 Allan bought a couple of microwaves believing that this was one of the new must have products. He was disappointed to still have microwaves in stock at the end of the month. The Hirsch’s decided to have an evening cooking demonstration and sold 11 microwaves on the first evening. However, once people bought the microwaves, they didn’t know how to use them, so Margaret started a microwave cookery school. Margaret said, “I always say to people, “If you knew that you were going to succeed, would you try it?” and they always say ‘Yes’. Don’t let anything hold you back from trying new things in your life.” Despite the downturn in the economy in the last two years, Hirsch’s have still managed to open three new branches around the country. They opened the first SMEG Concept store in Africa in the Cape in 2021. They also opened a new Samsung Concept store in the Cape in 2021 and a brand new state-of-the-art flagship Hirsch’s store in Waterfall in the Midrand opened its doors for the first time in 2022. Charities and Sponsorships The Hirsch family does not take anything for granted and are regularly involved in various charities and sponsorships. Their giving nature ensures that they are always willing to help those in need. Allan, for instance, is a patron of the Phoenix Child Welfare society and Richard is a patron of the Claire-Ellis School. Margaret is involved with the School for the Blind in Gauteng. Since 2012, she has been instrumental in helping to get the Girls with Dignity project off the ground and has personally purchased thousands of panty packs to hand out to girls in underprivileged areas so they can attend school full time. She also gives inspirational talks to all the students. Being passionate about women’s empowerment and entrepreneurship, Margaret started business women’s and entrepreneurial networking events around the country. These were held instore until the pandemic and are now held virtually. She is also always involved in regular cooking events in store – highlighting different products and putting the spotlight on guest chefs she cooks with. Technology and Marketing Commenting on Hirsch’s marketing strategy, and how online advertising has become an important feature, Allan says “Technology has become almost unrecognisable over the years. We have reached this amazing communicative age where things happen instantly. A lot more people are shopping online and having goods delivered to them the next day.” Sustainability and Environment Allan is passionate about the environment and energy efficiency. “Many years ago, I realised how important energy efficiency was in South Africa. It made me very aware of how appliances can be used effectively and how certain appliances use less water and less electricity and are quieter than others. It is something we have been driving and we try to encourage the consumer to buy energy efficient products. I believe as an appliance retail store we really can influence decisions and at the same time make a difference. We believe it starts at the socket. If things that are not being used are unplugged it makes a difference,” he says. More About the CEO Richard Hirsch, Margaret Hirsch, Allan Hirsch and Luci Hirsch Meet the CEO
- Cato Ridge Dry Port , The Cato Ridge Logistics and Intermodal Hub, now more aptly referred to as the Cato Ridge Dry Port (CRDP), has been the topic of discussion in the transportation and logistics corridors for many yearsThe Cato Ridge Logistics and Intermodal Hub, now more aptly referred to as the Cato Ridge Dry Port (CRDP), has been the topic of discussion in the transportation and logistics corridors for many years. Some of the views expressed by those who call themselves industry specialists are that Cato Ridge is an ideal location as an intermodal, or even a multimodal transportation facility. Advantageous Location The location on a strategic intersection of the Natcor railway line, the N3 freeway and the soon to be decommissioned Durban Johannesburg Pipeline (DJP) and positioned between the busiest port and the primary economic node on the African continent, certainly supports this view. There have also been many prophets of doom, claiming this location to be either too far or too close to the Port of Durban to make economic, or logistical sense, predicting that a dry port in Cato Ridge will never see the light of day. However, for those who use the truck congested N3 freeway, for those who work, live or play in the vicinity of the ‘back of port’ area, for those who sit, work and even live in their trucks for days on end, waiting to either collect or drop off cargo in the port, or those logistics operators and traders who have to cope with increasing costs and decreasing predictability and reliability, there is stark realisation that the status quo is not sustainable. Understanding that the Port of Durban has very limited scope for expansion, especially for back of port activities and onsite freight handling, that the over reliance on road freight and a skewed road to rail ratio is further stifling or smothering the port and that if we are already struggling to cope with existing freight volumes, how are we ever going to cope with doubled volumes in the not too distant future, then one has come to understand the logic of the Cato Ridge Dry Port. The area of Cato Ridge with its surrounding, predominantly rural and impoverished AmaXimba Community, located roughly midway between Durban and Pietermaritzburg, presents a series of unique social, economic, environmental and spatial challenges and opportunities. Merging the social needs surrounding this area, with the vast economic potential, stimulated by transportation, logistics and manufacturing sectors and executed in an environmentally sustainable manner, presents an opportunity too good to be ignored by both government and business interests. Developing the Dream It is against this background that the Cato Ridge Logistics Hub Consortium (CRLHC) as the project owners and developers, acting on behalf of and representing the AmaXimba Community in this development, has conceptualised, planned, packaged and is now in the process of developing and even operationalising this dream. Those who described this as “a pipe dream”, are now waking up to a reality where the Dry Port is ready to start operations and where: • A business structuring model, with clear community ownership and involvement, has been concluded between CRLHC and the AmaXimba Development Trust (ADT) • Optimal coordination, alignment and integration is facilitated, and regulatory applications are processed, with the support of a Project Facilitation Team, co-convened by Trade and Investment KwaZulu-Natal (TIKZN) and the eThekwini Municipality Chief of Operations Officer • A land purchasing framework has been developed to secure phased access to short, medium, and longer term development phases of the project • A heads of agreement between CRLHC and Transnet, which outlines the respective roles and responsibilities and various operational modalities in respect of rail and terminal facilities, is in the final phases of conclusion and is ready for signing • A heads of agreement between CRLHC and Engen has been concluded in respect of the development of a truck stop and staging facility • The conceptual design for the new KwaXimba N3 Interchange has been concluded and environmental impact assessment for this strategic intermodal infrastructure component is soon to be completed • A bulk services agreement between CRLHC and the eThekwini Metropolitan Municipality is being negotiated and is facilitated by the eThekwini Chief of Operations Office; and last but definitely not least • A transformation strategy has been developed in full collaboration and in partnership with the AmaXimba Development Trust, representing the community and recognising their ownership in the project, to guide the implementation of community development and empowerment programmes and projects. Project Composition The Cato Ridge Dry Port is a R18 billion project to be rolled out over the next 25 to 30 years and is comprised of: • An interim rail terminal to handle approximately 90K TEUs per annum, to be expanded to a fully-fledged dry port intermodal facility with capacity to handle 500K TEUs. This will be supported by SARS customs services to manage freight clearance and bonded warehousing facilities • A truck stop and staging facility to accommodate 300 parking bays with all ancillary support structures for drivers, as well as vehicle maintenance and testing • Logistics parks to accommodate warehousing, freight handling logistics and freight preparation facilities • An industrial park to accommodate manufacturing opportunities presented by its close proximity to the Dry Port and Logistics land uses; and in the longer term • A tank farm as a strategic fuel storage facility. It is important to conclude by emphasising that the CRLHC is implementing this project as an agent of the community and the community is not merely regarded as an incidental beneficiary of the development. The community owns this development in partnership with its development agent, the CRLHC.
The Cato Ridge Logistics and Intermodal Hub, now more aptly referred to as the Cato Ridge Dry Port (CRDP), has been the topic of discussion in the transportation and logistics corridors for many yearsCato Ridge Dry Port The Cato Ridge Logistics and Intermodal Hub, now more aptly referred to as the Cato Ridge Dry Port (CRDP), has been the topic of discussion in the transportation and logistics corridors for many yearsThe Cato Ridge Logistics and Intermodal Hub, now more aptly referred to as the Cato Ridge Dry Port (CRDP), has been the topic of discussion in the transportation and logistics corridors for many years. Some of the views expressed by those who call themselves industry specialists are that Cato Ridge is an ideal location as an intermodal, or even a multimodal transportation facility. Advantageous Location The location on a strategic intersection of the Natcor railway line, the N3 freeway and the soon to be decommissioned Durban Johannesburg Pipeline (DJP) and positioned between the busiest port and the primary economic node on the African continent, certainly supports this view. There have also been many prophets of doom, claiming this location to be either too far or too close to the Port of Durban to make economic, or logistical sense, predicting that a dry port in Cato Ridge will never see the light of day. However, for those who use the truck congested N3 freeway, for those who work, live or play in the vicinity of the ‘back of port’ area, for those who sit, work and even live in their trucks for days on end, waiting to either collect or drop off cargo in the port, or those logistics operators and traders who have to cope with increasing costs and decreasing predictability and reliability, there is stark realisation that the status quo is not sustainable. Understanding that the Port of Durban has very limited scope for expansion, especially for back of port activities and onsite freight handling, that the over reliance on road freight and a skewed road to rail ratio is further stifling or smothering the port and that if we are already struggling to cope with existing freight volumes, how are we ever going to cope with doubled volumes in the not too distant future, then one has come to understand the logic of the Cato Ridge Dry Port. The area of Cato Ridge with its surrounding, predominantly rural and impoverished AmaXimba Community, located roughly midway between Durban and Pietermaritzburg, presents a series of unique social, economic, environmental and spatial challenges and opportunities. Merging the social needs surrounding this area, with the vast economic potential, stimulated by transportation, logistics and manufacturing sectors and executed in an environmentally sustainable manner, presents an opportunity too good to be ignored by both government and business interests. Developing the Dream It is against this background that the Cato Ridge Logistics Hub Consortium (CRLHC) as the project owners and developers, acting on behalf of and representing the AmaXimba Community in this development, has conceptualised, planned, packaged and is now in the process of developing and even operationalising this dream. Those who described this as “a pipe dream”, are now waking up to a reality where the Dry Port is ready to start operations and where: • A business structuring model, with clear community ownership and involvement, has been concluded between CRLHC and the AmaXimba Development Trust (ADT) • Optimal coordination, alignment and integration is facilitated, and regulatory applications are processed, with the support of a Project Facilitation Team, co-convened by Trade and Investment KwaZulu-Natal (TIKZN) and the eThekwini Municipality Chief of Operations Officer • A land purchasing framework has been developed to secure phased access to short, medium, and longer term development phases of the project • A heads of agreement between CRLHC and Transnet, which outlines the respective roles and responsibilities and various operational modalities in respect of rail and terminal facilities, is in the final phases of conclusion and is ready for signing • A heads of agreement between CRLHC and Engen has been concluded in respect of the development of a truck stop and staging facility • The conceptual design for the new KwaXimba N3 Interchange has been concluded and environmental impact assessment for this strategic intermodal infrastructure component is soon to be completed • A bulk services agreement between CRLHC and the eThekwini Metropolitan Municipality is being negotiated and is facilitated by the eThekwini Chief of Operations Office; and last but definitely not least • A transformation strategy has been developed in full collaboration and in partnership with the AmaXimba Development Trust, representing the community and recognising their ownership in the project, to guide the implementation of community development and empowerment programmes and projects. Project Composition The Cato Ridge Dry Port is a R18 billion project to be rolled out over the next 25 to 30 years and is comprised of: • An interim rail terminal to handle approximately 90K TEUs per annum, to be expanded to a fully-fledged dry port intermodal facility with capacity to handle 500K TEUs. This will be supported by SARS customs services to manage freight clearance and bonded warehousing facilities • A truck stop and staging facility to accommodate 300 parking bays with all ancillary support structures for drivers, as well as vehicle maintenance and testing • Logistics parks to accommodate warehousing, freight handling logistics and freight preparation facilities • An industrial park to accommodate manufacturing opportunities presented by its close proximity to the Dry Port and Logistics land uses; and in the longer term • A tank farm as a strategic fuel storage facility. It is important to conclude by emphasising that the CRLHC is implementing this project as an agent of the community and the community is not merely regarded as an incidental beneficiary of the development. The community owns this development in partnership with its development agent, the CRLHC.Full Name of Company: Cato Ridge Logistics Hub Consortium Nature of Business: Subsidiary of Inkanyezi YeZulu Investment (Pty) Ltd, a Black-owned and managed entity Services/Products: Established to spearhead the development of the Cato Ridge Dry Port. Date Established: 2005 KEY PERSONNEL Chairman: Sibusiso Mazibuko CEO: Warwick Lord Head of Marketing: Bheki Mathe CONTACT DETAILS Head Office Physical address: 3 School Road, Cato Ridge,3680 Tel: +27(0)31 782 0053/12 E-mail: info@crlhc.co.za Website: www.crlhc.co.za Full Name of Company: Cato Ridge Logistics Hub Consortium Nature of Business: Subsidiary of Inkanyezi YeZulu Investment (Pty) Ltd, a Black-owned and managed entity Services/Products: Established to spearhead the development of the Cato Ridge Dry Port. Date Established: 2005 KEY PERSONNEL Chairman: Sibusiso Mazibuko CEO: Warwick Lord Head of Marketing: Bheki Mathe CONTACT DETAILS Head Office Physical address: 3 School Road, Cato Ridge,3680 Tel: +27(0)31 782 0053/12 E-mail: info@crlhc.co.za Website: www.crlhc.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Cato Ridge Logistics Hub Consortium Nature of Business: Subsidiary of Inkanyezi YeZulu Investment (Pty) Ltd, a Black-owned and managed entity Services/Products: Established to spearhead the development of the Cato Ridge Dry Port. Date Established: 2005 KEY PERSONNEL Chairman: Sibusiso Mazibuko CEO: Warwick Lord Head of Marketing: Bheki Mathe CONTACT DETAILS Head Office Physical address: 3 School Road, Cato Ridge,3680 Tel: +27(0)31 782 0053/12 E-mail: info@crlhc.co.za Website: www.crlhc.co.za The Cato Ridge Logistics and Intermodal Hub, now more aptly referred to as the Cato Ridge Dry Port (CRDP), has been the topic of discussion in the transportation and logistics corridors for many years. Some of the views expressed by those who call themselves industry specialists are that Cato Ridge is an ideal location as an intermodal, or even a multimodal transportation facility. Advantageous Location The location on a strategic intersection of the Natcor railway line, the N3 freeway and the soon to be decommissioned Durban Johannesburg Pipeline (DJP) and positioned between the busiest port and the primary economic node on the African continent, certainly supports this view. There have also been many prophets of doom, claiming this location to be either too far or too close to the Port of Durban to make economic, or logistical sense, predicting that a dry port in Cato Ridge will never see the light of day. However, for those who use the truck congested N3 freeway, for those who work, live or play in the vicinity of the ‘back of port’ area, for those who sit, work and even live in their trucks for days on end, waiting to either collect or drop off cargo in the port, or those logistics operators and traders who have to cope with increasing costs and decreasing predictability and reliability, there is stark realisation that the status quo is not sustainable. Understanding that the Port of Durban has very limited scope for expansion, especially for back of port activities and onsite freight handling, that the over reliance on road freight and a skewed road to rail ratio is further stifling or smothering the port and that if we are already struggling to cope with existing freight volumes, how are we ever going to cope with doubled volumes in the not too distant future, then one has come to understand the logic of the Cato Ridge Dry Port. The area of Cato Ridge with its surrounding, predominantly rural and impoverished AmaXimba Community, located roughly midway between Durban and Pietermaritzburg, presents a series of unique social, economic, environmental and spatial challenges and opportunities. Merging the social needs surrounding this area, with the vast economic potential, stimulated by transportation, logistics and manufacturing sectors and executed in an environmentally sustainable manner, presents an opportunity too good to be ignored by both government and business interests. Developing the Dream It is against this background that the Cato Ridge Logistics Hub Consortium (CRLHC) as the project owners and developers, acting on behalf of and representing the AmaXimba Community in this development, has conceptualised, planned, packaged and is now in the process of developing and even operationalising this dream. Those who described this as “a pipe dream”, are now waking up to a reality where the Dry Port is ready to start operations and where: • A business structuring model, with clear community ownership and involvement, has been concluded between CRLHC and the AmaXimba Development Trust (ADT) • Optimal coordination, alignment and integration is facilitated, and regulatory applications are processed, with the support of a Project Facilitation Team, co-convened by Trade and Investment KwaZulu-Natal (TIKZN) and the eThekwini Municipality Chief of Operations Officer • A land purchasing framework has been developed to secure phased access to short, medium, and longer term development phases of the project • A heads of agreement between CRLHC and Transnet, which outlines the respective roles and responsibilities and various operational modalities in respect of rail and terminal facilities, is in the final phases of conclusion and is ready for signing • A heads of agreement between CRLHC and Engen has been concluded in respect of the development of a truck stop and staging facility • The conceptual design for the new KwaXimba N3 Interchange has been concluded and environmental impact assessment for this strategic intermodal infrastructure component is soon to be completed • A bulk services agreement between CRLHC and the eThekwini Metropolitan Municipality is being negotiated and is facilitated by the eThekwini Chief of Operations Office; and last but definitely not least • A transformation strategy has been developed in full collaboration and in partnership with the AmaXimba Development Trust, representing the community and recognising their ownership in the project, to guide the implementation of community development and empowerment programmes and projects. Project Composition The Cato Ridge Dry Port is a R18 billion project to be rolled out over the next 25 to 30 years and is comprised of: • An interim rail terminal to handle approximately 90K TEUs per annum, to be expanded to a fully-fledged dry port intermodal facility with capacity to handle 500K TEUs. This will be supported by SARS customs services to manage freight clearance and bonded warehousing facilities • A truck stop and staging facility to accommodate 300 parking bays with all ancillary support structures for drivers, as well as vehicle maintenance and testing • Logistics parks to accommodate warehousing, freight handling logistics and freight preparation facilities • An industrial park to accommodate manufacturing opportunities presented by its close proximity to the Dry Port and Logistics land uses; and in the longer term • A tank farm as a strategic fuel storage facility. It is important to conclude by emphasising that the CRLHC is implementing this project as an agent of the community and the community is not merely regarded as an incidental beneficiary of the development. The community owns this development in partnership with its development agent, the CRLHC. More About the CEO Sibusiso Mazibuko and Warwick Lord Meet the CEO
- SearchWorks, SearchWorks is one of the largest data aggregators in South Africa. An online platform that allows users to conduct live, accurate searches on individuals and companiesSearchWorks is one of the largest data aggregators in South Africa. An online platform that allows users to conduct live, accurate searches on individuals and companies, and in-depth Know Your Client (KYC) checks online. SearchWorks boasts over 15 years of experience in the data industry, where the company has emerged as a clear leader in the sector. Developed using the latest web technology, SearchWorks delivers results to clients in a matter of seconds. With no contractual obligation or monthly surprises, a pay-per-click model is in place for all users, as well as free registration on sign-up, ensuring that customers are not tied into unnecessary agreements. Using years of feedback and support queries along with the latest UI Standards, the SearchWorks team has meticulously crafted a web interface that is easy to use, and most importantly, provides users with clean and up-to-date data. Sourced through over twenty suppliers, SearchWorks prides itself on choosing only the best and most reliable sources when it comes to data partnerships. Identity verification SearchWorks makes the process of identity verification less laborious, faster, and more efficient giving companies in the process of onboarding new clients, instant access to verified identities, updated contact details and account verifications, all within the confines of the law. In addition, the platform allows the user to access all five credit bureaus in South Africa in one place, with the ability to confirm the identity of an individual, their address, financial status and more. SearchWorks then combines the findings, giving a view of an individual or company from various sources, in a single report. SearchWorks also offers business the ability to perform detailed Politically Exposed Person (PEP) and Sanctions checks when onboarding new customers, as well as during the ongoing review of clients, to ensure that its reputation, revenue and capital are well protected. Keeping the tainted funds of corrupt individuals and businesses out of the legitimate financial system is a vital outcome of effective KYC procedures. These checks help to lower the risk of your business being used as a vehicle for criminal activities. External Attack Nearly 70 percent of organisations globally report that their most serious fraud incidents come via external attack, in the form or hackers or organised crime syndicates, according to PwC’s latest survey. Not only can this type of fraud lead to huge financial loss, but also a ruined reputation, which can ultimately lead to the downfall of a business. Now more than ever organisations need to have systems in place to reduce the risk of falling victim to these financial crimes. Businesses have the power to fight fraud by ensuring consistent KYC procedures are in place during onboarding. With SearchWorks, this process can be done quickly and accurately, without disrupting customer journeys. Cloud Technology SearchWorks offers property related searches, credit related searches, individual validation checks such as qualification checks and criminal checks, and also has access to company information and vehicle information, all of which supply and support a wide range of users, across various industries including: accountants, auditors, attorneys, auctioneers, bond originators, bureaus, car dealerships, credit providers, debt collectors, estate agents, financial institutions, government, insurance companies, municipalities, property development, schools and tracing agents, among others. This is made possible through our cloud technology, greatly increasing the reliability and uptime of our application and reducing unnecessary interruptions. The SearchWorks management team collectively brings 75 years of combined experience to the table. This long-standing team understands everything there is to know about the data industry – it’s what makes the team tick. Together, this formidable team, paired with their passion and belief in their business is what makes SearchWorks the success that it is today.
SearchWorks is one of the largest data aggregators in South Africa. An online platform that allows users to conduct live, accurate searches on individuals and companiesSearchWorksSearchWorks is one of the largest data aggregators in South Africa. An online platform that allows users to conduct live, accurate searches on individuals and companiesSearchWorks is one of the largest data aggregators in South Africa. An online platform that allows users to conduct live, accurate searches on individuals and companies, and in-depth Know Your Client (KYC) checks online. SearchWorks boasts over 15 years of experience in the data industry, where the company has emerged as a clear leader in the sector. Developed using the latest web technology, SearchWorks delivers results to clients in a matter of seconds. With no contractual obligation or monthly surprises, a pay-per-click model is in place for all users, as well as free registration on sign-up, ensuring that customers are not tied into unnecessary agreements. Using years of feedback and support queries along with the latest UI Standards, the SearchWorks team has meticulously crafted a web interface that is easy to use, and most importantly, provides users with clean and up-to-date data. Sourced through over twenty suppliers, SearchWorks prides itself on choosing only the best and most reliable sources when it comes to data partnerships. Identity verification SearchWorks makes the process of identity verification less laborious, faster, and more efficient giving companies in the process of onboarding new clients, instant access to verified identities, updated contact details and account verifications, all within the confines of the law. In addition, the platform allows the user to access all five credit bureaus in South Africa in one place, with the ability to confirm the identity of an individual, their address, financial status and more. SearchWorks then combines the findings, giving a view of an individual or company from various sources, in a single report. SearchWorks also offers business the ability to perform detailed Politically Exposed Person (PEP) and Sanctions checks when onboarding new customers, as well as during the ongoing review of clients, to ensure that its reputation, revenue and capital are well protected. Keeping the tainted funds of corrupt individuals and businesses out of the legitimate financial system is a vital outcome of effective KYC procedures. These checks help to lower the risk of your business being used as a vehicle for criminal activities. External Attack Nearly 70 percent of organisations globally report that their most serious fraud incidents come via external attack, in the form or hackers or organised crime syndicates, according to PwC’s latest survey. Not only can this type of fraud lead to huge financial loss, but also a ruined reputation, which can ultimately lead to the downfall of a business. Now more than ever organisations need to have systems in place to reduce the risk of falling victim to these financial crimes. Businesses have the power to fight fraud by ensuring consistent KYC procedures are in place during onboarding. With SearchWorks, this process can be done quickly and accurately, without disrupting customer journeys. Cloud Technology SearchWorks offers property related searches, credit related searches, individual validation checks such as qualification checks and criminal checks, and also has access to company information and vehicle information, all of which supply and support a wide range of users, across various industries including: accountants, auditors, attorneys, auctioneers, bond originators, bureaus, car dealerships, credit providers, debt collectors, estate agents, financial institutions, government, insurance companies, municipalities, property development, schools and tracing agents, among others. This is made possible through our cloud technology, greatly increasing the reliability and uptime of our application and reducing unnecessary interruptions. The SearchWorks management team collectively brings 75 years of combined experience to the table. This long-standing team understands everything there is to know about the data industry – it’s what makes the team tick. Together, this formidable team, paired with their passion and belief in their business is what makes SearchWorks the success that it is today.Full Name of Company: SearchWorks 360 (Pty) Ltd Nature of Business: IT Software Company Services / Products: Access to but not limited to, CIPC, Deeds Office & Credit Bureau, Data via our online application Searchworks.co.za Date Established: 2006 Customer Base: Financial Institutions, Accountants, Insurance, Attorney Firms, Estate Agents & Other No. of Employees: 26 B-BBEE Status: Level 4 VISION Through honest, hard work and commitment, we strive to ensure the best quality data is delivered to all clients through our SearchWorks application. MISSION To provide high quality, up to date, trustworthy, data to clients. KEY PERSONNEL Managing Director: Sameer Kumandan IT Executive: John Frier Senior Business Analyst: Shaun Viljoen National Sales Manager: Chantelle Frier CONTACT DETAILS HEAD OFFICE Physical Address: 2 Waterford Mews, Century City, Cape Town, 7441 Tel: 086 034 0000 E-mail: info@searchworks.co.za Website: www.searchworks.co.zaFull Name of Company: SearchWorks 360 (Pty) Ltd Nature of Business: IT Software Company Services / Products: Access to but not limited to, CIPC, Deeds Office & Credit Bureau, Data via our online application Searchworks.co.za Date Established: 2006 Customer Base: Financial Institutions, Accountants, Insurance, Attorney Firms, Estate Agents & Other No. of Employees: 26 B-BBEE Status: Level 4 VISION Through honest, hard work and commitment, we strive to ensure the best quality data is delivered to all clients through our SearchWorks application. MISSION To provide high quality, up to date, trustworthy, data to clients. KEY PERSONNEL Managing Director: Sameer Kumandan IT Executive: John Frier Senior Business Analyst: Shaun Viljoen National Sales Manager: Chantelle Frier CONTACT DETAILS HEAD OFFICE Physical Address: 2 Waterford Mews, Century City, Cape Town, 7441 Tel: 086 034 0000 E-mail: info@searchworks.co.za Website: www.searchworks.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: SearchWorks 360 (Pty) Ltd Nature of Business: IT Software Company Services / Products: Access to but not limited to, CIPC, Deeds Office & Credit Bureau, Data via our online application Searchworks.co.za Date Established: 2006 Customer Base: Financial Institutions, Accountants, Insurance, Attorney Firms, Estate Agents & Other No. of Employees: 26 B-BBEE Status: Level 4 VISION Through honest, hard work and commitment, we strive to ensure the best quality data is delivered to all clients through our SearchWorks application. MISSION To provide high quality, up to date, trustworthy, data to clients. KEY PERSONNEL Managing Director: Sameer Kumandan IT Executive: John Frier Senior Business Analyst: Shaun Viljoen National Sales Manager: Chantelle Frier CONTACT DETAILS HEAD OFFICE Physical Address: 2 Waterford Mews, Century City, Cape Town, 7441 Tel: 086 034 0000 E-mail: info@searchworks.co.za Website: www.searchworks.co.za SearchWorks is one of the largest data aggregators in South Africa. An online platform that allows users to conduct live, accurate searches on individuals and companies, and in-depth Know Your Client (KYC) checks online. SearchWorks boasts over 15 years of experience in the data industry, where the company has emerged as a clear leader in the sector. Developed using the latest web technology, SearchWorks delivers results to clients in a matter of seconds. With no contractual obligation or monthly surprises, a pay-per-click model is in place for all users, as well as free registration on sign-up, ensuring that customers are not tied into unnecessary agreements. Using years of feedback and support queries along with the latest UI Standards, the SearchWorks team has meticulously crafted a web interface that is easy to use, and most importantly, provides users with clean and up-to-date data. Sourced through over twenty suppliers, SearchWorks prides itself on choosing only the best and most reliable sources when it comes to data partnerships. Identity verification SearchWorks makes the process of identity verification less laborious, faster, and more efficient giving companies in the process of onboarding new clients, instant access to verified identities, updated contact details and account verifications, all within the confines of the law. In addition, the platform allows the user to access all five credit bureaus in South Africa in one place, with the ability to confirm the identity of an individual, their address, financial status and more. SearchWorks then combines the findings, giving a view of an individual or company from various sources, in a single report. SearchWorks also offers business the ability to perform detailed Politically Exposed Person (PEP) and Sanctions checks when onboarding new customers, as well as during the ongoing review of clients, to ensure that its reputation, revenue and capital are well protected. Keeping the tainted funds of corrupt individuals and businesses out of the legitimate financial system is a vital outcome of effective KYC procedures. These checks help to lower the risk of your business being used as a vehicle for criminal activities. External Attack Nearly 70 percent of organisations globally report that their most serious fraud incidents come via external attack, in the form or hackers or organised crime syndicates, according to PwC’s latest survey. Not only can this type of fraud lead to huge financial loss, but also a ruined reputation, which can ultimately lead to the downfall of a business. Now more than ever organisations need to have systems in place to reduce the risk of falling victim to these financial crimes. Businesses have the power to fight fraud by ensuring consistent KYC procedures are in place during onboarding. With SearchWorks, this process can be done quickly and accurately, without disrupting customer journeys. Cloud Technology SearchWorks offers property related searches, credit related searches, individual validation checks such as qualification checks and criminal checks, and also has access to company information and vehicle information, all of which supply and support a wide range of users, across various industries including: accountants, auditors, attorneys, auctioneers, bond originators, bureaus, car dealerships, credit providers, debt collectors, estate agents, financial institutions, government, insurance companies, municipalities, property development, schools and tracing agents, among others. This is made possible through our cloud technology, greatly increasing the reliability and uptime of our application and reducing unnecessary interruptions. The SearchWorks management team collectively brings 75 years of combined experience to the table. This long-standing team understands everything there is to know about the data industry – it’s what makes the team tick. Together, this formidable team, paired with their passion and belief in their business is what makes SearchWorks the success that it is today. More About the CEO Sameer Kumandan Meet the CEO
- Morar Incorporated, Morar Incorporated takes pride in developing long term, strategic partnerships, adding value in all that we doOur Firm Morar Incorporated is a national firm of chartered accountants and registered auditors providing quality financial business services and solutions to the private and public sector. Founded in 1995, the firm today has a complement of ten offices and is represented in all nine provinces within South Africa. Morar Incorporated is a member firm of Allinial Global, which is represented in the Americas, EMEIA (Europe, the Middle East, India, and Africa), and the Asia Pacific region. Our international network provides our clients with the opportunity to look at their markets from a global perspective as well as the potential to grow their business and establish an international presence. Why Morar Incorporated? Morar Incorporated takes pride in developing long term, strategic partnerships, adding value in all that we do. Our purpose is to provide our clients with outstanding service excellence and innovative business solutions. The Morar Incorporated approach has always been to assist organisations in maximising their performance, achieve their business goals and to be leaders, forward thinkers and front runners in the markets in which they compete. We achieve these accomplishments by developing and implementing smart financial business solutions designed to improve our clients’ productivity. Morar Incorporated has a carefully selected mix of quality financial and business services that all have a role to play in business improvement and any development initiatives. Our People A leader is only as good as his team. Our highly skilled staff represent everything we do and everything we are. With a culture built on collaboration, flexibility and innovation; the values that each member of Morar hold are fundamental to every function and in the delivery of exceptional service to our clients. Our Professional Affiliations • South African Institute of Chartered Accountants (SAICA) • Independent Regulatory Board for Auditors (IRBA) • Institute of Risk Management of South Africa (IRMSA) • Association of Certified Fraud Examiners (ACFE) • Institute of Internal Auditors (IIA) • Institute of Directors (IoD) • South African Institute of Tax Practitioners (SAIT) • Information Systems Audit and Control (ISACA) • Chartered Institute of Government, Finance, Audit and Risk Officers (CIGFARO) Our Service Portfolio We believe that our smart business solutions can deliver above par results. Accounting Services Our accounting professionals work to provide tailormade accounting solutions for small, medium and large organisations to facilitate and enhance their financial growth. External Auditing Morar Incorporated has a long-standing reputation for providing an efficient risk-based audit service. The audit approach emphasises adding value to our clients by enhancing quality and productivity. This type of assurance assists the organisation in effectively complying with sound corporate governance principles and practices. It also enhances the control environment so as to minimise risk exposure, quantifying the impact of risk to stakeholder value, while highlighting areas that are over-controlled. Taxation Services Morar Incorporated’s taxation services are tailored around the unique circumstances of each individual and company. Our tax professionals use a forward thinking and multi-disciplinary approach to add value and help organisations manage tax complexities in their everchanging business environments. Morar Incorporated offer clients a broad range of fully integrated tax solutions. Government Services Our services to all spheres of government include the following: • Asset Management • Annual Financial Statements and Budgets • Audit Readiness Programmes • Policies and Procedure Manuals • Strategic Planning; Performance Management At all levels of government, for financial statements to be fairly presented, the effects of transactions, other events and conditions should be accurately represented in accordance with the recognition, measurement, presentation and disclosure criteria for assets, liabilities, revenue and expenses as contained in the relevant frameworks and standards. The primary challenge faced by ALL institutions is the completeness and accuracy of disclosures relating to, amongst others: Irregular expenditure; fruitless and wasteful expenditure; accruals and payables not recognised; commitments; moveable and immoveable tangible capital assets. Morar Incorporated has developed an in-house system known as easi which allows institutions to meet all reporting requirements with regards to annual financial statement disclosures. The system promotes transparency, ownership and accountability and provides an audit trail of all transactions to support the audit process. ECAPS Morar Incorporated has developed a performance management system, ECAPS, which integrates strategy, people, processes and measurements to improve decision making, transparency and accountability and focuses on achieving outcomes, implementing performance measurement, learning, and adapting, as well as reporting on performance. Supply Chain Management Morar Incorporated’s in house web-based application was developed to assist with the management of unauthorised, irregular, fruitless and wasteful expenditure and ensure consequence management. Internal Audit and Risk Management Morar Incorporated’s Internal Audit methodology is aligned with the needs of National Treasury’s guidelines and complies with the requirements of the International Standards for the Professional Practice of Internal Auditing. In addition, we have certified fraud examiners, and are therefore well positioned to provide advice on risk management. Services include: • Complete outsourcing and co-sourcing of the internal audit function • Assistance in assembling an audit committee • Preparation of an audit committee charter • Preparation of an internal audit charter • Risk identification and management • Development and implementation of three year strategic and annual operational plans • Implementation of controls • Training and capacity building Forensic and Cybercrime Investigations Our team of forensic and cyber-crime specialists can respond to alleged fraud, corruption and other commercial crimes without exposing organisations to further risk. We have assembled a team across nine provinces in South Africa. We have successfully completed various investigations across all spheres of government and the private sector leading to prosecutions. Information and Communication Technology Services (ICT) We offer specialist ICT advisory and assurance services to ensure that business objectives are met, and ICT complies with legislative requirements. Our in-depth experience coupled with our unique methodologies allows us to deliver on client expectations.ROSHAN MORAR is a well-respected financial professional committed to making a difference at multiple levels in South Africa's economy. In 1995, Roshan Morar opened his own accountancy firm in a small office in Church Street, Pietermaritzburg. Morar Incorporated now operates from ten offices and employs in excess of 180 staff. With its head office in Pietermaritzburg, and offices in Umhlanga, Bloemfontein, Polokwane, Mbombela, Kimberley, Rustenburg, Cape Town and Centurion, the firm is positioned to service a national and diverse network of clients. Morar has obtained substantial experience in all aspects of the corporate environment, more especially in property investments and finance, risk management and private equity transactions. He has also been involved in an advisory capacity to various successful start-up businesses, including black economic empowerment management buyouts, among others. Driven by the motto "no client is too small", the firm initially geared itself towards servicing black-owned businesses, many of which were small and medium sized family-owned businesses. The first family to take its business to Morar are still clients of the firm today. Many such businesses remain an important focus of the auditing and tax services work provided by the firm. However, clients now cover a wide spectrum of business and industry, ranging from the sole-proprietor to large national based corporations. In line with Morar's aim to provide value added services, he and the firm's employees pride themselves on building relationships with clients and it is this personalised approach that has been a consistent hallmark of the practice. In addition, confidentiality and the quality of service provided are critical aspects to superior service delivery. Morar says of his career, "As an emerging black entrepreneur, there were many doors that remained closed. I remained focused and determined to change this. Taking calculated risks, hard work and being determined to achieve success, has driven my career. In addition, balancing time and planning is key." It is clear that his journey is far from finished. Morar's success is evident in the many high-profile board positions and board committees on which he currently serves. Morar is the chairman of the South African National Roads Agency (SANRAL) to which he was appointed in March 2015. In addition, he is the chairman of the Ithala Group Board. The various committees that he serves on range from acquisitions, to commercial, audit and risk, human resources, to remuneration and nominations. Of his various directorships, Morar says, "The board appointments have enhanced my personal and professional growth. The experience and exposure which I have acquired as a board member has helped build my business acumen." The growth in Morar's business acumen is apparent in his plans for his firm. Not only is there a strategy in hand to further reinforce the company's presence in South Africa, he has his sights set on growing the practice beyond the national borders to establish the firm as a fully-fledged African firm. The capacity to analyse complex financial issues and to understand the spectrum of risk a company could be facing is essential in today's business. Morar is strongly of the opinion that South African businesses need to be prepared for a cross section of business risk as with the economic pressure in today's world, the potential for fraud was high. "It is imperative for every business to undertake a risk assessment process to determine the potential impact as a result of interruptions to time sensitive or critical business processes. Our internal audit division has now acquired the relevant CURA Risk Management software to document risks identified and assist with managing these risks to ensure business continuity," noted Morar. Morar Incorporated consult for all three spheres of government and conduct external audits on behalf of the auditor general of South Africa, of which the firm is an accredited service provider. It also makes Morar Incorporated the preferred service provider for international companies wanting to start trading in South Africa. Morar Incorporated has recently affiliated with IECnet, an international association of audit, accounting and tax professionals. "'We are delighted to be a member of this prestigious organisation. Our involvement with IECnet offers us a global platform to interface with leading international businesses and be at the forefront in providing world class business solutions to our clients," Morar added. Under the business guidance of Morar you are in good hands. He is well on his way to making a positive impact on South Africa's growth and development. Morar says of his personal vision: "I wish to make a difference at all levels; to create a legacy that would stand tall and be recognised as having made a difference. All we leave behind are our names and reputation." ROSHAN MORAR is a well-respected financial professional committed to making a difference at multiple levels in South Africa's economy. In 1995, Roshan Morar opened his own accountancy firm in a small office in Church Street, Pietermaritzburg. Morar Incorporated now operates from ten offices and employs in excess of 180 staff. With its head office in Pietermaritzburg, and offices in Umhlanga, Bloemfontein, Polokwane, Mbombela, Kimberley, Rustenburg, Cape Town and Centurion, the firm is positioned to service a national and diverse network of clients. Morar has obtained substantial experience in all aspects of the corporate environment, more especially in property investments and finance, risk management and private equity transactions. He has also been involved in an advisory capacity to various successful start-up businesses, including black economic empowerment management buyouts, among others. Driven by the motto "no client is too small", the firm initially geared itself towards servicing black-owned businesses, many of which were small and medium sized family-owned businesses. The first family to take its business to Morar are still clients of the firm today. Many such businesses remain an important focus of the auditing and tax services work provided by the firm. However, clients now cover a wide spectrum of business and industry, ranging from the sole-proprietor to large national based corporations. In line with Morar's aim to provide value added services, he and the firm's employees pride themselves on building relationships with clients and it is this personalised approach that has been a consistent hallmark of the practice. In addition, confidentiality and the quality of service provided are critical aspects to superior service delivery. Morar says of his career, "As an emerging black entrepreneur, there were many doors that remained closed. I remained focused and determined to change this. Taking calculated risks, hard work and being determined to achieve success, has driven my career. In addition, balancing time and planning is key." It is clear that his journey is far from finished. Morar's success is evident in the many high-profile board positions and board committees on which he currently serves. Morar is the chairman of the South African National Roads Agency (SANRAL) to which he was appointed in March 2015. In addition, he is the chairman of the Ithala Group Board. The various committees that he serves on range from acquisitions, to commercial, audit and risk, human resources, to remuneration and nominations. Of his various directorships, Morar says, "The board appointments have enhanced my personal and professional growth. The experience and exposure which I have acquired as a board member has helped build my business acumen." The growth in Morar's business acumen is apparent in his plans for his firm. Not only is there a strategy in hand to further reinforce the company's presence in South Africa, he has his sights set on growing the practice beyond the national borders to establish the firm as a fully-fledged African firm. The capacity to analyse complex financial issues and to understand the spectrum of risk a company could be facing is essential in today's business. Morar is strongly of the opinion that South African businesses need to be prepared for a cross section of business risk as with the economic pressure in today's world, the potential for fraud was high. "It is imperative for every business to undertake a risk assessment process to determine the potential impact as a result of interruptions to time sensitive or critical business processes. Our internal audit division has now acquired the relevant CURA Risk Management software to document risks identified and assist with managing these risks to ensure business continuity," noted Morar. Morar Incorporated consult for all three spheres of government and conduct external audits on behalf of the auditor general of South Africa, of which the firm is an accredited service provider. It also makes Morar Incorporated the preferred service provider for international companies wanting to start trading in South Africa. Morar Incorporated has recently affiliated with IECnet, an international association of audit, accounting and tax professionals. "'We are delighted to be a member of this prestigious organisation. Our involvement with IECnet offers us a global platform to interface with leading international businesses and be at the forefront in providing world class business solutions to our clients," Morar added. Under the business guidance of Morar you are in good hands. He is well on his way to making a positive impact on South Africa's growth and development. Morar says of his personal vision: "I wish to make a difference at all levels; to create a legacy that would stand tall and be recognised as having made a difference. All we leave behind are our names and reputation."
Morar Incorporated takes pride in developing long term, strategic partnerships, adding value in all that we doMorar IncorporatedMorar Incorporated takes pride in developing long term, strategic partnerships, adding value in all that we doOur Firm Morar Incorporated is a national firm of chartered accountants and registered auditors providing quality financial business services and solutions to the private and public sector. Founded in 1995, the firm today has a complement of ten offices and is represented in all nine provinces within South Africa. Morar Incorporated is a member firm of Allinial Global, which is represented in the Americas, EMEIA (Europe, the Middle East, India, and Africa), and the Asia Pacific region. Our international network provides our clients with the opportunity to look at their markets from a global perspective as well as the potential to grow their business and establish an international presence. Why Morar Incorporated? Morar Incorporated takes pride in developing long term, strategic partnerships, adding value in all that we do. Our purpose is to provide our clients with outstanding service excellence and innovative business solutions. The Morar Incorporated approach has always been to assist organisations in maximising their performance, achieve their business goals and to be leaders, forward thinkers and front runners in the markets in which they compete. We achieve these accomplishments by developing and implementing smart financial business solutions designed to improve our clients’ productivity. Morar Incorporated has a carefully selected mix of quality financial and business services that all have a role to play in business improvement and any development initiatives. Our People A leader is only as good as his team. Our highly skilled staff represent everything we do and everything we are. With a culture built on collaboration, flexibility and innovation; the values that each member of Morar hold are fundamental to every function and in the delivery of exceptional service to our clients. Our Professional Affiliations • South African Institute of Chartered Accountants (SAICA) • Independent Regulatory Board for Auditors (IRBA) • Institute of Risk Management of South Africa (IRMSA) • Association of Certified Fraud Examiners (ACFE) • Institute of Internal Auditors (IIA) • Institute of Directors (IoD) • South African Institute of Tax Practitioners (SAIT) • Information Systems Audit and Control (ISACA) • Chartered Institute of Government, Finance, Audit and Risk Officers (CIGFARO) Our Service Portfolio We believe that our smart business solutions can deliver above par results. Accounting Services Our accounting professionals work to provide tailormade accounting solutions for small, medium and large organisations to facilitate and enhance their financial growth. External Auditing Morar Incorporated has a long-standing reputation for providing an efficient risk-based audit service. The audit approach emphasises adding value to our clients by enhancing quality and productivity. This type of assurance assists the organisation in effectively complying with sound corporate governance principles and practices. It also enhances the control environment so as to minimise risk exposure, quantifying the impact of risk to stakeholder value, while highlighting areas that are over-controlled. Taxation Services Morar Incorporated’s taxation services are tailored around the unique circumstances of each individual and company. Our tax professionals use a forward thinking and multi-disciplinary approach to add value and help organisations manage tax complexities in their everchanging business environments. Morar Incorporated offer clients a broad range of fully integrated tax solutions. Government Services Our services to all spheres of government include the following: • Asset Management • Annual Financial Statements and Budgets • Audit Readiness Programmes • Policies and Procedure Manuals • Strategic Planning; Performance Management At all levels of government, for financial statements to be fairly presented, the effects of transactions, other events and conditions should be accurately represented in accordance with the recognition, measurement, presentation and disclosure criteria for assets, liabilities, revenue and expenses as contained in the relevant frameworks and standards. The primary challenge faced by ALL institutions is the completeness and accuracy of disclosures relating to, amongst others: Irregular expenditure; fruitless and wasteful expenditure; accruals and payables not recognised; commitments; moveable and immoveable tangible capital assets. Morar Incorporated has developed an in-house system known as easi which allows institutions to meet all reporting requirements with regards to annual financial statement disclosures. The system promotes transparency, ownership and accountability and provides an audit trail of all transactions to support the audit process. ECAPS Morar Incorporated has developed a performance management system, ECAPS, which integrates strategy, people, processes and measurements to improve decision making, transparency and accountability and focuses on achieving outcomes, implementing performance measurement, learning, and adapting, as well as reporting on performance. Supply Chain Management Morar Incorporated’s in house web-based application was developed to assist with the management of unauthorised, irregular, fruitless and wasteful expenditure and ensure consequence management. Internal Audit and Risk Management Morar Incorporated’s Internal Audit methodology is aligned with the needs of National Treasury’s guidelines and complies with the requirements of the International Standards for the Professional Practice of Internal Auditing. In addition, we have certified fraud examiners, and are therefore well positioned to provide advice on risk management. Services include: • Complete outsourcing and co-sourcing of the internal audit function • Assistance in assembling an audit committee • Preparation of an audit committee charter • Preparation of an internal audit charter • Risk identification and management • Development and implementation of three year strategic and annual operational plans • Implementation of controls • Training and capacity building Forensic and Cybercrime Investigations Our team of forensic and cyber-crime specialists can respond to alleged fraud, corruption and other commercial crimes without exposing organisations to further risk. We have assembled a team across nine provinces in South Africa. We have successfully completed various investigations across all spheres of government and the private sector leading to prosecutions. Information and Communication Technology Services (ICT) We offer specialist ICT advisory and assurance services to ensure that business objectives are met, and ICT complies with legislative requirements. Our in-depth experience coupled with our unique methodologies allows us to deliver on client expectations.Full Name of Company: Morar Incorporated Nature of Business: Chartered Accountants and Registered Auditors Date Established: January 1995 KEY PERSONNEL Managing Director: Jennifer Reddy Directors: Anesh Bikram CA (SA); Bakang Temba CA (SA); Collin Machiri CA (SA); Jennifer Reddy CA (SA); Kameshinee Naidoo CA (SA); Mahendra Naicker CA (SA); Shalika Maharaj CA (SA); Vishall Samarjith CA (SA); Piloshini Rampersadh CA (SA) CONTACT DETAILS Head Office Physical Address: 161 Pietermaritz Street, Nedbank House, Ground Floor, Pietermaritzburg, 3201 Tel: +27 (0)33 345 4004 Fax: +27 (0)33 342 5699 E-mail: info@morar.co.za Website: www.morar.co.zaROSHAN MORAR is a well-respected financial professional committed to making a difference at multiple levels in South Africa's economy. In 1995, Roshan Morar opened his own accountancy firm in a small office in Church Street, Pietermaritzburg. Morar Incorporated now operates from ten offices and employs in excess of 180 staff. With its head office in Pietermaritzburg, and offices in Umhlanga, Bloemfontein, Polokwane, Mbombela, Kimberley, Rustenburg, Cape Town and Centurion, the firm is positioned to service a national and diverse network of clients. Morar has obtained substantial experience in all aspects of the corporate environment, more especially in property investments and finance, risk management and private equity transactions. He has also been involved in an advisory capacity to various successful start-up businesses, including black economic empowerment management buyouts, among others. Driven by the motto "no client is too small", the firm initially geared itself towards servicing black-owned businesses, many of which were small and medium sized family-owned businesses. The first family to take its business to Morar are still clients of the firm today. Many such businesses remain an important focus of the auditing and tax services work provided by the firm. However, clients now cover a wide spectrum of business and industry, ranging from the sole-proprietor to large national based corporations. In line with Morar's aim to provide value added services, he and the firm's employees pride themselves on building relationships with clients and it is this personalised approach that has been a consistent hallmark of the practice. In addition, confidentiality and the quality of service provided are critical aspects to superior service delivery. Morar says of his career, "As an emerging black entrepreneur, there were many doors that remained closed. I remained focused and determined to change this. Taking calculated risks, hard work and being determined to achieve success, has driven my career. In addition, balancing time and planning is key." It is clear that his journey is far from finished. Morar's success is evident in the many high-profile board positions and board committees on which he currently serves. Morar is the chairman of the South African National Roads Agency (SANRAL) to which he was appointed in March 2015. In addition, he is the chairman of the Ithala Group Board. The various committees that he serves on range from acquisitions, to commercial, audit and risk, human resources, to remuneration and nominations. Of his various directorships, Morar says, "The board appointments have enhanced my personal and professional growth. The experience and exposure which I have acquired as a board member has helped build my business acumen." The growth in Morar's business acumen is apparent in his plans for his firm. Not only is there a strategy in hand to further reinforce the company's presence in South Africa, he has his sights set on growing the practice beyond the national borders to establish the firm as a fully-fledged African firm. The capacity to analyse complex financial issues and to understand the spectrum of risk a company could be facing is essential in today's business. Morar is strongly of the opinion that South African businesses need to be prepared for a cross section of business risk as with the economic pressure in today's world, the potential for fraud was high. "It is imperative for every business to undertake a risk assessment process to determine the potential impact as a result of interruptions to time sensitive or critical business processes. Our internal audit division has now acquired the relevant CURA Risk Management software to document risks identified and assist with managing these risks to ensure business continuity," noted Morar. Morar Incorporated consult for all three spheres of government and conduct external audits on behalf of the auditor general of South Africa, of which the firm is an accredited service provider. It also makes Morar Incorporated the preferred service provider for international companies wanting to start trading in South Africa. Morar Incorporated has recently affiliated with IECnet, an international association of audit, accounting and tax professionals. "'We are delighted to be a member of this prestigious organisation. Our involvement with IECnet offers us a global platform to interface with leading international businesses and be at the forefront in providing world class business solutions to our clients," Morar added. Under the business guidance of Morar you are in good hands. He is well on his way to making a positive impact on South Africa's growth and development. Morar says of his personal vision: "I wish to make a difference at all levels; to create a legacy that would stand tall and be recognised as having made a difference. All we leave behind are our names and reputation." Full Name of Company: Morar Incorporated Nature of Business: Chartered Accountants and Registered Auditors Date Established: January 1995 KEY PERSONNEL Managing Director: Jennifer Reddy Directors: Anesh Bikram CA (SA); Bakang Temba CA (SA); Collin Machiri CA (SA); Jennifer Reddy CA (SA); Kameshinee Naidoo CA (SA); Mahendra Naicker CA (SA); Shalika Maharaj CA (SA); Vishall Samarjith CA (SA); Piloshini Rampersadh CA (SA) CONTACT DETAILS Head Office Physical Address: 161 Pietermaritz Street, Nedbank House, Ground Floor, Pietermaritzburg, 3201 Tel: +27 (0)33 345 4004 Fax: +27 (0)33 342 5699 E-mail: info@morar.co.za Website: www.morar.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Morar Incorporated Nature of Business: Chartered Accountants and Registered Auditors Date Established: January 1995 KEY PERSONNEL Managing Director: Jennifer Reddy Directors: Anesh Bikram CA (SA); Bakang Temba CA (SA); Collin Machiri CA (SA); Jennifer Reddy CA (SA); Kameshinee Naidoo CA (SA); Mahendra Naicker CA (SA); Shalika Maharaj CA (SA); Vishall Samarjith CA (SA); Piloshini Rampersadh CA (SA) CONTACT DETAILS Head Office Physical Address: 161 Pietermaritz Street, Nedbank House, Ground Floor, Pietermaritzburg, 3201 Tel: +27 (0)33 345 4004 Fax: +27 (0)33 342 5699 E-mail: info@morar.co.za Website: www.morar.co.za Our Firm Morar Incorporated is a national firm of chartered accountants and registered auditors providing quality financial business services and solutions to the private and public sector. Founded in 1995, the firm today has a complement of ten offices and is represented in all nine provinces within South Africa. Morar Incorporated is a member firm of Allinial Global, which is represented in the Americas, EMEIA (Europe, the Middle East, India, and Africa), and the Asia Pacific region. Our international network provides our clients with the opportunity to look at their markets from a global perspective as well as the potential to grow their business and establish an international presence. Why Morar Incorporated? Morar Incorporated takes pride in developing long term, strategic partnerships, adding value in all that we do. Our purpose is to provide our clients with outstanding service excellence and innovative business solutions. The Morar Incorporated approach has always been to assist organisations in maximising their performance, achieve their business goals and to be leaders, forward thinkers and front runners in the markets in which they compete. We achieve these accomplishments by developing and implementing smart financial business solutions designed to improve our clients’ productivity. Morar Incorporated has a carefully selected mix of quality financial and business services that all have a role to play in business improvement and any development initiatives. Our People A leader is only as good as his team. Our highly skilled staff represent everything we do and everything we are. With a culture built on collaboration, flexibility and innovation; the values that each member of Morar hold are fundamental to every function and in the delivery of exceptional service to our clients. Our Professional Affiliations • South African Institute of Chartered Accountants (SAICA) • Independent Regulatory Board for Auditors (IRBA) • Institute of Risk Management of South Africa (IRMSA) • Association of Certified Fraud Examiners (ACFE) • Institute of Internal Auditors (IIA) • Institute of Directors (IoD) • South African Institute of Tax Practitioners (SAIT) • Information Systems Audit and Control (ISACA) • Chartered Institute of Government, Finance, Audit and Risk Officers (CIGFARO) Our Service Portfolio We believe that our smart business solutions can deliver above par results. Accounting Services Our accounting professionals work to provide tailormade accounting solutions for small, medium and large organisations to facilitate and enhance their financial growth. External Auditing Morar Incorporated has a long-standing reputation for providing an efficient risk-based audit service. The audit approach emphasises adding value to our clients by enhancing quality and productivity. This type of assurance assists the organisation in effectively complying with sound corporate governance principles and practices. It also enhances the control environment so as to minimise risk exposure, quantifying the impact of risk to stakeholder value, while highlighting areas that are over-controlled. Taxation Services Morar Incorporated’s taxation services are tailored around the unique circumstances of each individual and company. Our tax professionals use a forward thinking and multi-disciplinary approach to add value and help organisations manage tax complexities in their everchanging business environments. Morar Incorporated offer clients a broad range of fully integrated tax solutions. Government Services Our services to all spheres of government include the following: • Asset Management • Annual Financial Statements and Budgets • Audit Readiness Programmes • Policies and Procedure Manuals • Strategic Planning; Performance Management At all levels of government, for financial statements to be fairly presented, the effects of transactions, other events and conditions should be accurately represented in accordance with the recognition, measurement, presentation and disclosure criteria for assets, liabilities, revenue and expenses as contained in the relevant frameworks and standards. The primary challenge faced by ALL institutions is the completeness and accuracy of disclosures relating to, amongst others: Irregular expenditure; fruitless and wasteful expenditure; accruals and payables not recognised; commitments; moveable and immoveable tangible capital assets. Morar Incorporated has developed an in-house system known as easi which allows institutions to meet all reporting requirements with regards to annual financial statement disclosures. The system promotes transparency, ownership and accountability and provides an audit trail of all transactions to support the audit process. ECAPS Morar Incorporated has developed a performance management system, ECAPS, which integrates strategy, people, processes and measurements to improve decision making, transparency and accountability and focuses on achieving outcomes, implementing performance measurement, learning, and adapting, as well as reporting on performance. Supply Chain Management Morar Incorporated’s in house web-based application was developed to assist with the management of unauthorised, irregular, fruitless and wasteful expenditure and ensure consequence management. Internal Audit and Risk Management Morar Incorporated’s Internal Audit methodology is aligned with the needs of National Treasury’s guidelines and complies with the requirements of the International Standards for the Professional Practice of Internal Auditing. In addition, we have certified fraud examiners, and are therefore well positioned to provide advice on risk management. Services include: • Complete outsourcing and co-sourcing of the internal audit function • Assistance in assembling an audit committee • Preparation of an audit committee charter • Preparation of an internal audit charter • Risk identification and management • Development and implementation of three year strategic and annual operational plans • Implementation of controls • Training and capacity building Forensic and Cybercrime Investigations Our team of forensic and cyber-crime specialists can respond to alleged fraud, corruption and other commercial crimes without exposing organisations to further risk. We have assembled a team across nine provinces in South Africa. We have successfully completed various investigations across all spheres of government and the private sector leading to prosecutions. Information and Communication Technology Services (ICT) We offer specialist ICT advisory and assurance services to ensure that business objectives are met, and ICT complies with legislative requirements. Our in-depth experience coupled with our unique methodologies allows us to deliver on client expectations. More About the CEO Jennifer Reddy Meet the CEO
- Innovate Durban , Innovate Durban was initiated and founded by eThekwini Municipality through the Innovate Durban Stakeholder ForumInnovate Durban (RF) NPC is a registered non-profit company set up as a special purpose vehicle to support innovators, innovation and the innovation ecosystem through programmes, research, capacity building, and skills development. The programmes and activities of the organisation are supported through virtual and physical platforms (Innovation Co-Lab) and events. Innovate Durban was initiated and founded by eThekwini Municipality through the Innovate Durban Stakeholder Forum. Members of the forum include stakeholders from academia, public sector departments, Innovate Durban partners and funders, relevant business chambers and coalitions, relevant incubators and accelerators, funders, investors, venture capitalists, and development agencies related to innovation, as well as research and technical centres or hubs. The young organisation is led by a diverse and dynamic group of people who are highly motivated and passionate about innovation and leveraging innovation to advance society. Innovate Durban has aligned its priorities and targets with the Sustainable Development Goals (SDGs) to ensure its actions contribute to shaping a sustainable world. The following SDGs have been identified: • GOAL 4: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all • GOAL 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment and decent work for all • GOAL 9: Building infrastructure, promote inclusive and sustainable industrialization and foster innovation • GOAL 17: Strengthen the means of implementation and revitalise the global partnership for sustainable development The Innovate Durban team work tirelessly to produce programmes and platforms that uphold the vision and mission of developing innovation in the region. They do this through upholding the organisational values of: • Creating momentum for and driving projects and programmes in the city that innovatively tackle social, system and structure issues that hinder growth and perpetuate poverty. • Collaborating with, and connect, stakeholders from all spheres, to work together to ‘disrupt’ thinking, and practice and create new opportunities for active participation by all in growth and renewal. • Connecting those in need with real opportunity, by providing, inter alia, practical tools and training, access to resources and support for self- improvement, business start-ups and community- building and upliftment. • Celebrating the city of Durban, promoting all that it has done and will do for its citizens, to attract, retain and support the business and investors needed to underpin growth and development. Their facilities include the Innovate Durban head office, in Durban CBD and Innovation Co-Lab, launched in 2021 and situated in the township community of Cato Manor. Innovation Co-Lab The Innovation Co-Lab is a community centre that is designed to empower people to become more innovative in problem-solving, create opportunities for new businesses, create jobs, and tackle social issues in their community. The centre is fully kitted with technological equipment such as 3D and resin printers, VR technology, drones, robotics kits, and laser cutters that anyone can access and have use of this type of equipment. The purpose of developing a centre of this nature in Cato Manor is to make innovation and technology more accessible to lower income members of the community. Plans are underway to develop more Co-Lab’s in other township economies with an additional centre set up in Richmond, KZN. Programmes and Events The Youth Innovation Challenge (YIC) is an annual programme that provides youth with an opportunity to address challenges faced by various sectors and organisations in an innovative and creative way. The Start Up Support Programme (SUSP) is a 12-month innovation and business accelerator programme providing innovators with business and technical skills taking them from concept to commercialisation. The Innovation Support Fund and Advisory offers support to innovators that have a more focused need for funding for prototype development and testing. This also includes ad hoc advisory services. The annual Innovation Festival Durban (IF Durban) brings together thought-leaders, innovators, creatives and business to learn about the innovative trends in various industries. It is also an opportunity to showcase the successful innovators and innovations that are developed in Durban. The Innovate Durban Pitching Den is an annual event hosted within the Innovation Festival. It provides an opportunity for innovators to market or pitch their innovative products / solutions. The top three pitches are awarded prize money to develop their ideas or businesses. The Capacity and Skills Development Programme focuses on critical and future skills development, including but not limited to: design thinking, digital literacy and skills development, robotics, virtual reality, drone pilot training and acceleration, and specialised machine training. The Innovate Durban Research Programme produces research outputs that seek to inform the organisation, its stakeholders, beneficiaries, investors, and the general public on the status of innovation within Durban, the level and type of support available and the gaps that exist. In addition to the above programmes and platforms, Innovate Durban offers the following services for businesses: • Innovation management and advisory • Customised innovation and intrapreneurial programmes • Innovation centre/hub development • Laser cutting services • 3D printing services • Venue hire • Co-working space
Innovate Durban was initiated and founded by eThekwini Municipality through the Innovate Durban Stakeholder ForumInnovate Durban Innovate Durban was initiated and founded by eThekwini Municipality through the Innovate Durban Stakeholder ForumInnovate Durban (RF) NPC is a registered non-profit company set up as a special purpose vehicle to support innovators, innovation and the innovation ecosystem through programmes, research, capacity building, and skills development. The programmes and activities of the organisation are supported through virtual and physical platforms (Innovation Co-Lab) and events. Innovate Durban was initiated and founded by eThekwini Municipality through the Innovate Durban Stakeholder Forum. Members of the forum include stakeholders from academia, public sector departments, Innovate Durban partners and funders, relevant business chambers and coalitions, relevant incubators and accelerators, funders, investors, venture capitalists, and development agencies related to innovation, as well as research and technical centres or hubs. The young organisation is led by a diverse and dynamic group of people who are highly motivated and passionate about innovation and leveraging innovation to advance society. Innovate Durban has aligned its priorities and targets with the Sustainable Development Goals (SDGs) to ensure its actions contribute to shaping a sustainable world. The following SDGs have been identified: • GOAL 4: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all • GOAL 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment and decent work for all • GOAL 9: Building infrastructure, promote inclusive and sustainable industrialization and foster innovation • GOAL 17: Strengthen the means of implementation and revitalise the global partnership for sustainable development The Innovate Durban team work tirelessly to produce programmes and platforms that uphold the vision and mission of developing innovation in the region. They do this through upholding the organisational values of: • Creating momentum for and driving projects and programmes in the city that innovatively tackle social, system and structure issues that hinder growth and perpetuate poverty. • Collaborating with, and connect, stakeholders from all spheres, to work together to ‘disrupt’ thinking, and practice and create new opportunities for active participation by all in growth and renewal. • Connecting those in need with real opportunity, by providing, inter alia, practical tools and training, access to resources and support for self- improvement, business start-ups and community- building and upliftment. • Celebrating the city of Durban, promoting all that it has done and will do for its citizens, to attract, retain and support the business and investors needed to underpin growth and development. Their facilities include the Innovate Durban head office, in Durban CBD and Innovation Co-Lab, launched in 2021 and situated in the township community of Cato Manor. Innovation Co-Lab The Innovation Co-Lab is a community centre that is designed to empower people to become more innovative in problem-solving, create opportunities for new businesses, create jobs, and tackle social issues in their community. The centre is fully kitted with technological equipment such as 3D and resin printers, VR technology, drones, robotics kits, and laser cutters that anyone can access and have use of this type of equipment. The purpose of developing a centre of this nature in Cato Manor is to make innovation and technology more accessible to lower income members of the community. Plans are underway to develop more Co-Lab’s in other township economies with an additional centre set up in Richmond, KZN. Programmes and Events The Youth Innovation Challenge (YIC) is an annual programme that provides youth with an opportunity to address challenges faced by various sectors and organisations in an innovative and creative way. The Start Up Support Programme (SUSP) is a 12-month innovation and business accelerator programme providing innovators with business and technical skills taking them from concept to commercialisation. The Innovation Support Fund and Advisory offers support to innovators that have a more focused need for funding for prototype development and testing. This also includes ad hoc advisory services. The annual Innovation Festival Durban (IF Durban) brings together thought-leaders, innovators, creatives and business to learn about the innovative trends in various industries. It is also an opportunity to showcase the successful innovators and innovations that are developed in Durban. The Innovate Durban Pitching Den is an annual event hosted within the Innovation Festival. It provides an opportunity for innovators to market or pitch their innovative products / solutions. The top three pitches are awarded prize money to develop their ideas or businesses. The Capacity and Skills Development Programme focuses on critical and future skills development, including but not limited to: design thinking, digital literacy and skills development, robotics, virtual reality, drone pilot training and acceleration, and specialised machine training. The Innovate Durban Research Programme produces research outputs that seek to inform the organisation, its stakeholders, beneficiaries, investors, and the general public on the status of innovation within Durban, the level and type of support available and the gaps that exist. In addition to the above programmes and platforms, Innovate Durban offers the following services for businesses: • Innovation management and advisory • Customised innovation and intrapreneurial programmes • Innovation centre/hub development • Laser cutting services • 3D printing services • Venue hire • Co-working spaceFull Name of Company: Innovate Durban NPC Nature of Business: Special purpose vehicle to support innovators, innovation and the innovation ecosystem Products / Services: Innovator Support Programs and accelerator, capacity and Skills Development, Research, innovation advisory and management, Innovation Co- Lab with co-working space, makerspace with laser cutting and 3D printing services, venue hire Date Established: 2016 No. of Employees: 12 Auditor: Moore Durban Bank: Nedbank B-BBEE Status: Level 1 VISION We envision being a leading innovation agency that transforms the region into a dynamic and inclusive ecosystem. MISSION Innovate Durban will nurture, co-ordinate and facilitate an inclusive innovation ecosystem through utilising the fourth industrial revolution for economic growth and job creation, with a focus on industry, spatially excluded or marginalised persons, the public sector and SMMEs. KEY PERSONNEL Chairperson of the Board: Professor Deresh Ramjugernath CEO: Aurelia Albert Programme Lead: Tendai Pasipamire Partnership Lead: Preston Moodley CONTACT DETAILS HEAD OFFICE Physical Address: 12 Brown Road, Point Waterfront, Durban, KwaZulu-Natal, 4001 E-mail: info@innovate.durban Website: www.innovate.durban INNOVATION CO-LAB: Physical Address: Umkhumbane Entrepreneurial Support Centre, 240 Harry Gwala Road, Wiggins, 4091Full Name of Company: Innovate Durban NPC Nature of Business: Special purpose vehicle to support innovators, innovation and the innovation ecosystem Products / Services: Innovator Support Programs and accelerator, capacity and Skills Development, Research, innovation advisory and management, Innovation Co- Lab with co-working space, makerspace with laser cutting and 3D printing services, venue hire Date Established: 2016 No. of Employees: 12 Auditor: Moore Durban Bank: Nedbank B-BBEE Status: Level 1 VISION We envision being a leading innovation agency that transforms the region into a dynamic and inclusive ecosystem. MISSION Innovate Durban will nurture, co-ordinate and facilitate an inclusive innovation ecosystem through utilising the fourth industrial revolution for economic growth and job creation, with a focus on industry, spatially excluded or marginalised persons, the public sector and SMMEs. KEY PERSONNEL Chairperson of the Board: Professor Deresh Ramjugernath CEO: Aurelia Albert Programme Lead: Tendai Pasipamire Partnership Lead: Preston Moodley CONTACT DETAILS HEAD OFFICE Physical Address: 12 Brown Road, Point Waterfront, Durban, KwaZulu-Natal, 4001 E-mail: info@innovate.durban Website: www.innovate.durban INNOVATION CO-LAB: Physical Address: Umkhumbane Entrepreneurial Support Centre, 240 Harry Gwala Road, Wiggins, 4091 Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Innovate Durban NPC Nature of Business: Special purpose vehicle to support innovators, innovation and the innovation ecosystem Products / Services: Innovator Support Programs and accelerator, capacity and Skills Development, Research, innovation advisory and management, Innovation Co- Lab with co-working space, makerspace with laser cutting and 3D printing services, venue hire Date Established: 2016 No. of Employees: 12 Auditor: Moore Durban Bank: Nedbank B-BBEE Status: Level 1 VISION We envision being a leading innovation agency that transforms the region into a dynamic and inclusive ecosystem. MISSION Innovate Durban will nurture, co-ordinate and facilitate an inclusive innovation ecosystem through utilising the fourth industrial revolution for economic growth and job creation, with a focus on industry, spatially excluded or marginalised persons, the public sector and SMMEs. KEY PERSONNEL Chairperson of the Board: Professor Deresh Ramjugernath CEO: Aurelia Albert Programme Lead: Tendai Pasipamire Partnership Lead: Preston Moodley CONTACT DETAILS HEAD OFFICE Physical Address: 12 Brown Road, Point Waterfront, Durban, KwaZulu-Natal, 4001 E-mail: info@innovate.durban Website: www.innovate.durban INNOVATION CO-LAB: Physical Address: Umkhumbane Entrepreneurial Support Centre, 240 Harry Gwala Road, Wiggins, 4091 Innovate Durban (RF) NPC is a registered non-profit company set up as a special purpose vehicle to support innovators, innovation and the innovation ecosystem through programmes, research, capacity building, and skills development. The programmes and activities of the organisation are supported through virtual and physical platforms (Innovation Co-Lab) and events. Innovate Durban was initiated and founded by eThekwini Municipality through the Innovate Durban Stakeholder Forum. Members of the forum include stakeholders from academia, public sector departments, Innovate Durban partners and funders, relevant business chambers and coalitions, relevant incubators and accelerators, funders, investors, venture capitalists, and development agencies related to innovation, as well as research and technical centres or hubs. The young organisation is led by a diverse and dynamic group of people who are highly motivated and passionate about innovation and leveraging innovation to advance society. Innovate Durban has aligned its priorities and targets with the Sustainable Development Goals (SDGs) to ensure its actions contribute to shaping a sustainable world. The following SDGs have been identified: • GOAL 4: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all • GOAL 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment and decent work for all • GOAL 9: Building infrastructure, promote inclusive and sustainable industrialization and foster innovation • GOAL 17: Strengthen the means of implementation and revitalise the global partnership for sustainable development The Innovate Durban team work tirelessly to produce programmes and platforms that uphold the vision and mission of developing innovation in the region. They do this through upholding the organisational values of: • Creating momentum for and driving projects and programmes in the city that innovatively tackle social, system and structure issues that hinder growth and perpetuate poverty. • Collaborating with, and connect, stakeholders from all spheres, to work together to ‘disrupt’ thinking, and practice and create new opportunities for active participation by all in growth and renewal. • Connecting those in need with real opportunity, by providing, inter alia, practical tools and training, access to resources and support for self- improvement, business start-ups and community- building and upliftment. • Celebrating the city of Durban, promoting all that it has done and will do for its citizens, to attract, retain and support the business and investors needed to underpin growth and development. Their facilities include the Innovate Durban head office, in Durban CBD and Innovation Co-Lab, launched in 2021 and situated in the township community of Cato Manor. Innovation Co-Lab The Innovation Co-Lab is a community centre that is designed to empower people to become more innovative in problem-solving, create opportunities for new businesses, create jobs, and tackle social issues in their community. The centre is fully kitted with technological equipment such as 3D and resin printers, VR technology, drones, robotics kits, and laser cutters that anyone can access and have use of this type of equipment. The purpose of developing a centre of this nature in Cato Manor is to make innovation and technology more accessible to lower income members of the community. Plans are underway to develop more Co-Lab’s in other township economies with an additional centre set up in Richmond, KZN. Programmes and Events The Youth Innovation Challenge (YIC) is an annual programme that provides youth with an opportunity to address challenges faced by various sectors and organisations in an innovative and creative way. The Start Up Support Programme (SUSP) is a 12-month innovation and business accelerator programme providing innovators with business and technical skills taking them from concept to commercialisation. The Innovation Support Fund and Advisory offers support to innovators that have a more focused need for funding for prototype development and testing. This also includes ad hoc advisory services. The annual Innovation Festival Durban (IF Durban) brings together thought-leaders, innovators, creatives and business to learn about the innovative trends in various industries. It is also an opportunity to showcase the successful innovators and innovations that are developed in Durban. The Innovate Durban Pitching Den is an annual event hosted within the Innovation Festival. It provides an opportunity for innovators to market or pitch their innovative products / solutions. The top three pitches are awarded prize money to develop their ideas or businesses. The Capacity and Skills Development Programme focuses on critical and future skills development, including but not limited to: design thinking, digital literacy and skills development, robotics, virtual reality, drone pilot training and acceleration, and specialised machine training. The Innovate Durban Research Programme produces research outputs that seek to inform the organisation, its stakeholders, beneficiaries, investors, and the general public on the status of innovation within Durban, the level and type of support available and the gaps that exist. In addition to the above programmes and platforms, Innovate Durban offers the following services for businesses: • Innovation management and advisory • Customised innovation and intrapreneurial programmes • Innovation centre/hub development • Laser cutting services • 3D printing services • Venue hire • Co-working space More About the CEO Aurelia Alberts Meet the CEO
- Ithala SOC Limited, Ithala SOC Limited is the only state-owned entity that provides full banking services; is already fully regulated by the South African Reserve Bank and other banking industry regulators; and is fully committed to ensuring compliance with all applicable regulationsIthala SOC Limited, a licensed financial services and registered credit provider, is a 100% owned subsidiary of Ithala Development Finance Corporation Limited and is listed as a public entity in terms of Schedule 3 of the PFMA. In line with a recommendation from the South African Reserve Bank, Ithala SOC Limited was divided from Ithala Development Finance Corporation Limited in 2001 and has been operating under an exemption from the Banks Act 94 of 1990 (‘Banks Act’). The current exemption status is a temporary mechanism to enable Ithala to apply for and comply with the bank license requirements in terms of the Banks Act. Ithala SOC Limited is the only state-owned entity that provides full banking services; is already fully regulated by the South African Reserve Bank and other banking industry regulators; and is fully committed to ensuring compliance with all applicable regulations. As part of its essential products and services bouquet, Ithala SOC Limited provides the following via a multi-channel distribution network to individuals, groups, businesses and other public sector entities: • Transactional Banking • Insurance • Lending • Public Sector Finance • Savings and Investments The entity’s purpose is to provide financial services to the people of KwaZulu-Natal, thereby contributing to the province’s socio-economic development. Ithala SOC Limited’s physical footprint spans the entire province of KwaZulu-Natal and, in some rural areas, still remains the only financial institution with a physical presence. A current distribution network of 38 branches in KZN provides convenient transacting facilities. CORPORATE SOCIAL RESPONSIBILITY Ithala MoneyTalks Ithala MoneyTalks is Ithala’s flagship financial education programme. The aim of the programme is to empower ordinary South Africans with financial literacy skills that will empower them to make sound financial decisions, manage money and create wealth. The programme targets Ithala clients, students, entrepreneurs and ordinary people. MoneyTalks offers practical easy to follow guide and tools to help people to create wealth. MoneyTalks wealth creation formula: • Get out of Debt • Start Saving • Start Investing • Build Multiple Sources of Income MyBest Childhood Foundation Ithala SOC Limited partnership with MyBest Childhood Foundation is aimed at assisting previously disadvantaged learners in remote areas where schools are often overlooked and under resourced. The partnership focuses on the following projects that will be delivered by My Best Childhood Foundation: • School Feeding Scheme • Vegetable Garden Programme • School Signage Ithala Digital Skills Development Programme The 4th Industrial Revolution (4IR) is changing the way we live, work and interact. New digital technologies are merging with human physical lives and totally transforming how everyday activities are performed and the skills required to navigate this new world of 4IR. Digital skills are becoming a critical success factor across all spheres of life. Ithala Education Fund has partnered with GoDigital Foundation (NGO focusing on training the youth on digital skills) to hold digital skills training for learners from rural areas. The programme targets 150 learners annually in foundation, intermediate and senior phase. Ithala Edu Platform The COVID-19 pandemic and subsequent national lockdown resulted in school learners losing substantial tutoring in their school academic years since 2020. Some schools and learners with access to technology and resources were able to follow online and intermittent schooling during lock- down periods. However, many learners from disadvantaged back- grounds and areas were left behind and needed assistance to catch-up. The Ithala Education Trust responded to this need by introducing the online Ithala Education Platform to assist learners. The online tutoring is delivered in partnership with the GoDigitalSA Foundation – the development and implementation partner in this programme. The Platform contributes to assisting Grade 12 learners with their examination results, their wellness, and their career choices. The tutoring covers Accounting, English (First Additional Language), Computer Applications Tech- nology, Geography, isiZulu (Home Language), Mathematics, Physical Science – and the added value of Wellness, Career Guidance, and Digital and Financial Literacy. The programme was enhanced in 2021 to include the Advanced Pillar of Digital Literacy and Financial Literacy. Media partners like Sajonisi Radio, VoiceFM, and Anchor FM enable the broadcasting of revision tutoring on the seven subjects. This online Platform is now called the Ithala Edu Platform. (https://myithala.education).
Ithala SOC Limited is the only state-owned entity that provides full banking services; is already fully regulated by the South African Reserve Bank and other banking industry regulators; and is fully committed to ensuring compliance with all applicable regulationsIthala SOC LimitedIthala SOC Limited is the only state-owned entity that provides full banking services; is already fully regulated by the South African Reserve Bank and other banking industry regulators; and is fully committed to ensuring compliance with all applicable regulationsIthala SOC Limited, a licensed financial services and registered credit provider, is a 100% owned subsidiary of Ithala Development Finance Corporation Limited and is listed as a public entity in terms of Schedule 3 of the PFMA. In line with a recommendation from the South African Reserve Bank, Ithala SOC Limited was divided from Ithala Development Finance Corporation Limited in 2001 and has been operating under an exemption from the Banks Act 94 of 1990 (‘Banks Act’). The current exemption status is a temporary mechanism to enable Ithala to apply for and comply with the bank license requirements in terms of the Banks Act. Ithala SOC Limited is the only state-owned entity that provides full banking services; is already fully regulated by the South African Reserve Bank and other banking industry regulators; and is fully committed to ensuring compliance with all applicable regulations. As part of its essential products and services bouquet, Ithala SOC Limited provides the following via a multi-channel distribution network to individuals, groups, businesses and other public sector entities: • Transactional Banking • Insurance • Lending • Public Sector Finance • Savings and Investments The entity’s purpose is to provide financial services to the people of KwaZulu-Natal, thereby contributing to the province’s socio-economic development. Ithala SOC Limited’s physical footprint spans the entire province of KwaZulu-Natal and, in some rural areas, still remains the only financial institution with a physical presence. A current distribution network of 38 branches in KZN provides convenient transacting facilities. CORPORATE SOCIAL RESPONSIBILITY Ithala MoneyTalks Ithala MoneyTalks is Ithala’s flagship financial education programme. The aim of the programme is to empower ordinary South Africans with financial literacy skills that will empower them to make sound financial decisions, manage money and create wealth. The programme targets Ithala clients, students, entrepreneurs and ordinary people. MoneyTalks offers practical easy to follow guide and tools to help people to create wealth. MoneyTalks wealth creation formula: • Get out of Debt • Start Saving • Start Investing • Build Multiple Sources of Income MyBest Childhood Foundation Ithala SOC Limited partnership with MyBest Childhood Foundation is aimed at assisting previously disadvantaged learners in remote areas where schools are often overlooked and under resourced. The partnership focuses on the following projects that will be delivered by My Best Childhood Foundation: • School Feeding Scheme • Vegetable Garden Programme • School Signage Ithala Digital Skills Development Programme The 4th Industrial Revolution (4IR) is changing the way we live, work and interact. New digital technologies are merging with human physical lives and totally transforming how everyday activities are performed and the skills required to navigate this new world of 4IR. Digital skills are becoming a critical success factor across all spheres of life. Ithala Education Fund has partnered with GoDigital Foundation (NGO focusing on training the youth on digital skills) to hold digital skills training for learners from rural areas. The programme targets 150 learners annually in foundation, intermediate and senior phase. Ithala Edu Platform The COVID-19 pandemic and subsequent national lockdown resulted in school learners losing substantial tutoring in their school academic years since 2020. Some schools and learners with access to technology and resources were able to follow online and intermittent schooling during lock- down periods. However, many learners from disadvantaged back- grounds and areas were left behind and needed assistance to catch-up. The Ithala Education Trust responded to this need by introducing the online Ithala Education Platform to assist learners. The online tutoring is delivered in partnership with the GoDigitalSA Foundation – the development and implementation partner in this programme. The Platform contributes to assisting Grade 12 learners with their examination results, their wellness, and their career choices. The tutoring covers Accounting, English (First Additional Language), Computer Applications Tech- nology, Geography, isiZulu (Home Language), Mathematics, Physical Science – and the added value of Wellness, Career Guidance, and Digital and Financial Literacy. The programme was enhanced in 2021 to include the Advanced Pillar of Digital Literacy and Financial Literacy. Media partners like Sajonisi Radio, VoiceFM, and Anchor FM enable the broadcasting of revision tutoring on the seven subjects. This online Platform is now called the Ithala Edu Platform. (https://myithala.education).Full Name of Company: Ithala SOC Limited Holding Company: Ithala Development Finance Corporation Nature of Business: Transactional banking, Electronic Banking, Insurance, Lending, Public Sector Finance, Savings and investments. Date Established: 2001 VISION To be an innovative and responsive financial services institution owned by and serving the State and the people of South Africa. MISSION To provide banking and insurance products and services focusing on Corporate and Retail customers. KEY PERSONNEL Chief Executive: Dr Thulani Vilakazi CFO: Mohamed Gafoor Chief Audit Executive: Mr Sethu Nsele Compliance Officer: Mr Kabelo Nkambule Head of Credit and Collections: Ms Rikshana Jugoo CA (SA) Head of Insurance: Mr Aaron Pather Head of Retail & Business Banking: Mr Shane Moodley Head of Marketing and Communications: Mr Sandile Xolo Head of Human Resources: Dr. Theo Nell CONTACT DETAILS ITHALA LIMITED HEAD OFFICE Physical Address: Kingsmead Office Park, North Towers, 28 Somtseu Rd, Durban, 4001 Tel: +27 (0)31 366 2500 Call Centre: +27 (0)80 133 1130 Website: www.myithala.co.zaFull Name of Company: Ithala SOC Limited Holding Company: Ithala Development Finance Corporation Nature of Business: Transactional banking, Electronic Banking, Insurance, Lending, Public Sector Finance, Savings and investments. Date Established: 2001 VISION To be an innovative and responsive financial services institution owned by and serving the State and the people of South Africa. MISSION To provide banking and insurance products and services focusing on Corporate and Retail customers. KEY PERSONNEL Chief Executive: Dr Thulani Vilakazi CFO: Mohamed Gafoor Chief Audit Executive: Mr Sethu Nsele Compliance Officer: Mr Kabelo Nkambule Head of Credit and Collections: Ms Rikshana Jugoo CA (SA) Head of Insurance: Mr Aaron Pather Head of Retail & Business Banking: Mr Shane Moodley Head of Marketing and Communications: Mr Sandile Xolo Head of Human Resources: Dr. Theo Nell CONTACT DETAILS ITHALA LIMITED HEAD OFFICE Physical Address: Kingsmead Office Park, North Towers, 28 Somtseu Rd, Durban, 4001 Tel: +27 (0)31 366 2500 Call Centre: +27 (0)80 133 1130 Website: www.myithala.co.za Up Back to Top Business Leaders Home Add Your Business Up Home About Us KZN Business Chambers Rewards Partners Editors NOTE KZN Top Business - Publishers notes - KZN Top Business Leaders - Launch 2024 Menu KZN Business Leaders Business Women Fyonn Kane Collection 2019 2022 Supertech Collection Top Business Women 2024 VIP Invite Awards Nominate TBW 2024 KZN Business Gurus News Bookshelf Shop On-line Events Contact The Team Top Business Portfolio Full Name of Company: Ithala SOC Limited Holding Company: Ithala Development Finance Corporation Nature of Business: Transactional banking, Electronic Banking, Insurance, Lending, Public Sector Finance, Savings and investments. Date Established: 2001 VISION To be an innovative and responsive financial services institution owned by and serving the State and the people of South Africa. MISSION To provide banking and insurance products and services focusing on Corporate and Retail customers. KEY PERSONNEL Chief Executive: Dr Thulani Vilakazi CFO: Mohamed Gafoor Chief Audit Executive: Mr Sethu Nsele Compliance Officer: Mr Kabelo Nkambule Head of Credit and Collections: Ms Rikshana Jugoo CA (SA) Head of Insurance: Mr Aaron Pather Head of Retail & Business Banking: Mr Shane Moodley Head of Marketing and Communications: Mr Sandile Xolo Head of Human Resources: Dr. Theo Nell CONTACT DETAILS ITHALA LIMITED HEAD OFFICE Physical Address: Kingsmead Office Park, North Towers, 28 Somtseu Rd, Durban, 4001 Tel: +27 (0)31 366 2500 Call Centre: +27 (0)80 133 1130 Website: www.myithala.co.za Ithala SOC Limited, a licensed financial services and registered credit provider, is a 100% owned subsidiary of Ithala Development Finance Corporation Limited and is listed as a public entity in terms of Schedule 3 of the PFMA. In line with a recommendation from the South African Reserve Bank, Ithala SOC Limited was divided from Ithala Development Finance Corporation Limited in 2001 and has been operating under an exemption from the Banks Act 94 of 1990 (‘Banks Act’). The current exemption status is a temporary mechanism to enable Ithala to apply for and comply with the bank license requirements in terms of the Banks Act. Ithala SOC Limited is the only state-owned entity that provides full banking services; is already fully regulated by the South African Reserve Bank and other banking industry regulators; and is fully committed to ensuring compliance with all applicable regulations. As part of its essential products and services bouquet, Ithala SOC Limited provides the following via a multi-channel distribution network to individuals, groups, businesses and other public sector entities: • Transactional Banking • Insurance • Lending • Public Sector Finance • Savings and Investments The entity’s purpose is to provide financial services to the people of KwaZulu-Natal, thereby contributing to the province’s socio-economic development. Ithala SOC Limited’s physical footprint spans the entire province of KwaZulu-Natal and, in some rural areas, still remains the only financial institution with a physical presence. A current distribution network of 38 branches in KZN provides convenient transacting facilities. CORPORATE SOCIAL RESPONSIBILITY Ithala MoneyTalks Ithala MoneyTalks is Ithala’s flagship financial education programme. The aim of the programme is to empower ordinary South Africans with financial literacy skills that will empower them to make sound financial decisions, manage money and create wealth. The programme targets Ithala clients, students, entrepreneurs and ordinary people. MoneyTalks offers practical easy to follow guide and tools to help people to create wealth. MoneyTalks wealth creation formula: • Get out of Debt • Start Saving • Start Investing • Build Multiple Sources of Income MyBest Childhood Foundation Ithala SOC Limited partnership with MyBest Childhood Foundation is aimed at assisting previously disadvantaged learners in remote areas where schools are often overlooked and under resourced. The partnership focuses on the following projects that will be delivered by My Best Childhood Foundation: • School Feeding Scheme • Vegetable Garden Programme • School Signage Ithala Digital Skills Development Programme The 4th Industrial Revolution (4IR) is changing the way we live, work and interact. New digital technologies are merging with human physical lives and totally transforming how everyday activities are performed and the skills required to navigate this new world of 4IR. Digital skills are becoming a critical success factor across all spheres of life. Ithala Education Fund has partnered with GoDigital Foundation (NGO focusing on training the youth on digital skills) to hold digital skills training for learners from rural areas. The programme targets 150 learners annually in foundation, intermediate and senior phase. Ithala Edu Platform The COVID-19 pandemic and subsequent national lockdown resulted in school learners losing substantial tutoring in their school academic years since 2020. Some schools and learners with access to technology and resources were able to follow online and intermittent schooling during lock- down periods. However, many learners from disadvantaged back- grounds and areas were left behind and needed assistance to catch-up. The Ithala Education Trust responded to this need by introducing the online Ithala Education Platform to assist learners. The online tutoring is delivered in partnership with the GoDigitalSA Foundation – the development and implementation partner in this programme. The Platform contributes to assisting Grade 12 learners with their examination results, their wellness, and their career choices. The tutoring covers Accounting, English (First Additional Language), Computer Applications Tech- nology, Geography, isiZulu (Home Language), Mathematics, Physical Science – and the added value of Wellness, Career Guidance, and Digital and Financial Literacy. The programme was enhanced in 2021 to include the Advanced Pillar of Digital Literacy and Financial Literacy. Media partners like Sajonisi Radio, VoiceFM, and Anchor FM enable the broadcasting of revision tutoring on the seven subjects. This online Platform is now called the Ithala Edu Platform. (https://myithala.education ). More About the CEO Dr Thulani Vilakazi and CFO Mohamed Gafoor Meet the CEO











