The iLembe Chamber launched its 14th annual The Entrepreneur Competition in May 2024!   The Entrepreneur programme continues to lead entrepreneurial development, business acceleration and SMME support in the iLembe District, KZN, and nationally. The Entrepreneur Programme is an accredited UKZN Graduate School of Business and Leadership Short Course (NVQ level 5). In support of the workshops, finalists receive personal guidance and advice from Chamber accredited business mentors. These mentors offer an extensive suite of skills and experience, enabling finalists to immediately implement learnings into their businesses.   Finalists also receive professional guidance and input on the corporate identity (CI) of their businesses, resulting in the development of digital and/or traditional, sponsored, marketing collateral. In this regard, the iLembe Chamber is supported by a team of professional branding specialists who, with the support of the mentors, assist the finalists in developing a unique corporate identity as well as related branding.   The programme’s highlight is The Entrepreneur Exhibition, the final event at which the competition winner is also announced.    The Entrepreneur 2024 Programme partners are Enterprise iLembe, Airports Company South Africa, King Shaka International Airport, Siza Water, AVON Peaking Power, the UKZN Graduate School of Business is the academic partner and Ballito ISP our digital partner.   W: www.theentrepreneurilembe.net.za

The Durban Automotive Cluster (DAC) Business Accelerator held its ‘Dragons’ Den’ event at The Pearls in Umhlanga Rocks on 4 June 2024. Although this step of the Accelerator is based on the popular Dragons’ Den television show, its intentions and outcomes are very different. The panel of ‘Dragons’, Kim Nisbet and Zimvo Mtolo from Toyota South Africa Motors, Thomo Molepo from Hesto Harnesses, and Tansel Ozimamoglu from Toyota Boshoku South Africa, were all there to find ways to partner with and bolster shortlisted high-potential small and medium-sized enterprises (SMEs) in the South African automotive sector. In opening the event, Takalani Rathiyaya, Head of the Economic Development Unit at eThekwini Municipality said, “The meaningful transformation that is achieved by investing in these young, Black entrepreneurs in the automotive industry is priceless and we are so proud to be involved in this partnership that also drives localisation.”   According to Kyle Ballard, Head of Accelerators at the DAC, the programme attracted over 100 applications this year. “This is a tribute to the success of the Accelerator over the past six years and the transformative outcomes for both big customers and SMEs alike.”   He explains that after a rigorous screening process to assess the viability of each business, the top contenders underwent comprehensive capacity-building to understand what it is that big customers are looking for in local suppliers.   The SMEs were capacitated to develop a compelling business pitch to unlock significant sales opportunities with potential customers.   Consequently, selecting the top three from the twelve emerging, Black-owned SMEs was a challenging task for the Dragons. The panel settled on Enermous Investments for the Industry Game Changer award and Sizundawo Engineering for the Best Environmental Sustainability Solution, with both receiving R15 000 in prize money. The Best Overall Business Case, and R25 000, went to Sirius Manufacturing.   However, for the passionate SME participants and esteemed industry leaders, the true prize extended far beyond the day’s monetary awards – the real value lay in unlocking sales opportunities, investments, mentorship opportunities and expert coaching to scale their business through the Accelerator.   Tansel Ozimamoglu, Vice President of Business Management at Toyota-Boshoku South Africa, highlighted the shared advantages of the programme: “It has been beneficial and fruitful in finding new suppliers for our latest projects and localisation activities. It was like visiting 12 suppliers in a single day. I will certainly be encouraging other Tier 1 companies to collaborate as it boosts the tenacity of the whole automotive industry.”   Ballard expressed his delight concluding, “The Accelerator’s ability to deliver meaningful results for SMEs and transform their businesses into sustainable enterprises is proven and we look forward to many more of these events.”   There are also three other Accelerator programmes facilitated through the KZN Clothing & Textile Cluster, eThekwini Furniture Cluster and Durban Chemicals Cluster. So, if you are a large corporate wanting to leverage the Accelerator for your local supply chain, please contact accelerators@bmanalysts.com    T: +27 (0)31 764 6100

The Imperative for Green Manufacturing Practices The global manufacturing sector faces a multifaceted challenge: balancing economic growth with environmental responsibility. A paradigm shift is taking place in manufacturing, with sustainable manufacturing practices no longer being a peripheral concern but a central tenet for a responsible and prosperous future within the manufacturing sector. This article explores two trends shaping the landscape of green manufacturing and explores the benefits of undertaking executive education programmes in this field. 1. Green Energy Adoption within manufacturing: The global energy sector is undergoing a significant transformation, characterised by a shift from traditional, centralised, and carbon-intensive power sources towards cleaner, decentralised, and digital solutions. This transition presents challenges and opportunities for the manufacturing sector, particularly in regions like South Africa with energy insecurity and a high dependence on fossil fuels. Manufacturers who fail to adapt to this evolving energy landscape risk several consequences:   Escalating Energy Costs:  Reliance on conventional energy sources is leading to rising costs, eroding profit margins. Regulatory Pressures: The prevalence of increasing international carbon taxes such as the Carbon Border Adjustment Mechanism (CBAM) has the potential for enacting high penalties for manufacturing firms that have an energy source that is highly carbon intensive, like Eskom grid-tied energy.   Forward-thinking manufacturers can leverage the energy transition as a strategic advantage by prioritising the business case for adopting green energy solutions. Two of the key value propositions for this business case would be the following:   A robust energy and net-zero strategy positions companies for success in a rapidly changing market with a growing emphasis on sustainability. Sustainable practices can unlock access to green financing and investment opportunities, facilitating capital acquisition for future growth.   2. The Ascendancy of Circular Economy Principles: The traditional linear economic model of ‘take, make, dispose’ is being challenged by the burgeoning circular economy. This framework emphasises closed-loop systems through several key mechanisms: Design for Disassembly and Reuse: Products are designed with an emphasis on facilitating disassembly and component reusability, thereby extending their lifespan and minimising waste generation. Integration of Recycled Content: Manufacturers are increasingly incorporating higher percentages of recycled materials into their products, consequently diminishing reliance on virgin resources.   These trends reshaping green manufacturing require a proactive approach to sustainability integration by executives leading their organisations. Sustainable practices necessitate a holistic approach, with collaborations between manufacturers, material suppliers, and research institutions accelerating the development and adoption of sustainable solutions.   At TWIMS we offer an executive education programme in green manufacturing that offers a valuable opportunity for leaders to gain critical knowledge and skills to navigate the evolving market landscape. Leaders will walk away from the programme having gained:   A comprehensive understanding of green manufacturing principles, encompassing resource management, sustainable business models, energy efficiency, circular economy, and life-cycle assessment. Practical strategies for integrating sustainability into existing operations. This includes technology adoption choices and supply chain optimisation. A strategic vision for green manufacturing and the skills to champion its implementation within their organisations.   For more information visit https://twimsafrica.com/

Dr Nompumelelo Nkosi-Ntombela, affectionately known as Dr Lelo, is not your typical medical practitioner. At 30 years old, she embodies a unique blend of healing hands and a heart dedicated to social change. Born and raised in Mandeni, the UKZN alumnus’s journey to becoming a medical doctor was marked by challenges and triumphs. Growing up in a family of five siblings, she was instilled with values of respect, humility, and patience – qualities she continues to carry with her today. Her academic journey began at Mandeni Academy and later led her to Stanger High School in KwaDukuza, where she excelled as head girl and received accolades for her outstanding academic achievements.   Upon completing her matric, Nkosi-Ntombela embarked on her medical education at the prestigious Nelson Mandela School of Medicine at the University of KwaZulu-Natal (UKZN). However, her passion for the entertainment industry initially cast a shadow on her medical aspirations. Despite her inner conflict, she persevered, fuelled by the unwavering support of her family, especially her parents, who encouraged her to pursue both medicine and her creative endeavours.   Throughout her medical school years, she juggled her studies with auditions, modelling gigs, and dance performances, showcasing her determination to excel in multiple spheres. Despite facing financial hurdles, she refused to let obstacles deter her dreams. Thanks to the support of the Office of the Premier bursary scheme, Nkosi-Ntombela was able to navigate the financial challenges and focus on her studies.   Reflecting on her time at UKZN, she acknowledges the academic rigours of medical school but highlights the need for comprehensive training beyond the traditional curriculum. She advocates for greater emphasis on practical skills such as running a medical practice, managing finances, and prioritising mental health – a topic close to her heart.   After graduating with her Bachelor of Medicine and Surgery (MBCHB), she founded Lelani Private Clinic in Pietermaritzburg, a testament to her entrepreneurial spirit and commitment to providing holistic healthcare services. The clinic boasts a multidisciplinary team offering a range of medical specialties, including aesthetics and mental health support.   Beyond her clinical practice, Nkosi-Ntombela is the driving force behind the Dr Lelo Nkosi Foundation, an NGO dedicated to empowering young girls and tackling social issues such as teenage pregnancy. Through initiatives like the Ngimuhle Campaign, she aims to instil confidence in disadvantaged youth and provide essential support to vulnerable communities.   Nkosi-Ntombela reflects on the poignant moments she encounters daily in her medical practice. Despite the challenges, including the loss of patients, she finds solace in the meaningful connections she forms with her patients. From shared tears to shared laughter, she cherishes the human moments that transcend the clinical setting. Whether it’s the simple joy of a child’s visit or the pride in seeing a mentee succeed, these interactions remind her of the profound impact she has on the lives of others.   Her passion for adolescent care and lifestyle medicine is evident in her ongoing pursuit of knowledge and involvement in public health initiatives. She recently embarked on a Diploma in Advanced Aesthetic Medicine and remains committed to addressing the unique healthcare needs of adolescents – a population often overlooked in traditional medical settings.   Despite the challenges she faces, Nkosi-Ntombela remains steadfast in her dedication to making a difference in the healthcare landscape. Her advice to aspiring medical students echoes her own journey – ‘never give up, seek help when needed, and prioritise self-care above all else’.   As she looks to the future, she envisions a healthcare system where empowerment, prevention, and compassion are at the forefront. With her unwavering determination and compassionate spirit, Nkosi-Ntombela is not just a doctor; she’s a beacon of hope and change in her community and beyond.   Nkosi-Ntombela advocates for continued support and donations to ensure the UKZN Foundation’s sustainability and its ongoing mission to empower students and to break down barriers to success.   “The UKZN Foundation is a game changer. It provides financial resources to its students which closes many gaps and creates a better learning platform for students, fighting food insecurity and many other social ill related issues. I encourage people to donate in whichever way they can to help the Foundation raise funds for worthy student and university causes and projects.’’   T: +27 (0)31 260 2389 E: foundation@ukzn.ac.za   W: www.foundation.ukzn.ac.za

EThekwini Municipality is leveraging on international best practice in the blue economy which encompasses all ocean-related industries, such as maritime transport, fisheries, renewable energy and tourism.   This comes after the delegation from the City led by Economic Development and Planning Committee Chairperson Councillor Thembo Ntuli held a successful meeting with the team from AltaSea at the Port of Los Angeles in the United States of America (USA).   The delegation in USA includes City Manager Musa Mbhele and Head of Catalytic Projects in the City and Acting Chief Operations Officer George Mohlakoana.   AltaSea brings together the world’s finest climate and marine scientists and engineers to conduct breakthrough research and discover solutions to food and energy supply, climate change, and ocean exploration.   AltaSea President and CEO Terry Tamminen said their focus was on investing in economic activity that seeks to sustainably use ocean resources to promote the wellbeing of ocean ecosystems, enable economic growth, create jobs, and improve livelihoods.   “We are so excited that representatives from the City of Durban are here because we think it has so much in common with what we are doing. AltaSea is a non-profit organisation that was established to take over a 35-acre campus in the Port of Los Angeles’ old historic warehouse and renovate them into a modern blue economy campus. So the blue economy encompasses aquaculture both on land and at sea, including renewable energy from the ocean, underwater robotics and anything that has to do with the ocean. We are hoping that we can create a similar AltaSea facility in Durban and even in the port of Durban, where we can share what we know through our researchers and our companies,” said Tamminen.   City Manager Musa Mbhele said replicating the AltaSea project will catapult the growth trajectory of the City of Durban to even greater heights.   “We had a very successful engagement at the Port of Los Angeles and met the President of AtlaSea a company that runs an incubator programme for business that are linked to the blue ocean economy and they shared with us a number of opportunities for developing small businesses and have shown keen interest to help various role players in Durban to participate meaningfully in the blue economy. They have also promised that they will support the city in applying for funding from the Bloomberg Philanthrophic fund to support the ideas that we have for our city,” said Mbhele.   The engagements with the team at AltaSea and destination promotion activations currently underway in Los Angeles form part of the city’s aggressive drive to grow the economy and attract international investors to the Resurgence Conference taking place at the Inkosi Albert Luthuli International Convention Centre (Durban ICC) from 17 to 21 July 2024.   W: www.facebook.com/eThekwiniM

The Minara Chamber of Commerce announces the opening of nominations for the prestigious Minara Business Recognition Awards 2024. With Standard Bank South Africa as our Supporting Partner 2024, we are thrilled to embark on this journey of honouring and celebrating outstanding individuals who have made significant contributions to the business community.   The annual Minara Business Recognition Awards serve as a platform to acknowledge excellence, innovation, and dedication across various sectors of the economy.   Nominations are invited for individuals who have demonstrated exemplary leadership, entrepreneurial spirit, and commitment to community development.   The categories for nominations are: Business Entity of the Year - Recognising businesses that have shown remarkable growth, innovation, and sustainability in their operations. Businessperson of the Year - Celebrating business leaders who have displayed exceptional leadership, vision, and impact at the highest levels of managing a business. Business Woman of the Year - Highlighting the achievements and contributions of women entrepreneurs and leaders in the business world. Young Entrepreneur of the Year - Acknowledging the innovation, drive, and success of young entrepreneurs who are shaping the future of business. Community Builder of the Year - Honouring individuals that have made significant contributions to the upliftment and development of communities. Professional Achiever of the Year - Recognising professionals who have excelled in their respective fields, demonstrating excellence, integrity, and leadership.   Nominations for the Minara Business Awards will close July 31, 2024. We encourage businesses, individuals and organisations to nominate deserving candidates who have made a positive impact on the business and professional landscapes.   The Minara Business Recognition Awards boasts a rich history of past winners, whose exceptional achievements are both a testament to their success and inspiration to others.   For more information on how to submit nominations and sponsorship opportunities, please visit our website at www.minara.org.za  alternatively email us on kzn@minara.org.za  / gtn@minara.org.za      Download the application form https://minara.org.za/business-awards-2024/

Mpumzi Swana, the chief operating officer at SAMAC Engineering Solutions, was born in the Eastern Cape, where he says his story begins.   The Swana family moved to KZN when he was five years old and Mpumzi completed high school at George Campbell School of Technology. He commented, “I think that was quite an interesting space to be because that’s where my technical skills and acumen were built.”   Following matric, as creating finished products from raw materials intrigued him, Mpumzi studied chemical engineering. Much of his career has been centred on the development of new products.   Mpumzi has completed a number of post graduate degrees. His highest qualification is a manufacturing focused MBA that he obtained from the Gordon Institute of Business Science (GIBS) through the Toyota Wessels Institute for Manufacturing (TWIMS).   His first job was at Toyota Manufacturing, where he worked in the paint plant for three years. Of this experience he says, “I had very good supervisors and managers who had quite sharp leadership acumen and I use a lot of the learnings that I gained from them in my leadership at our business.”   Product Development SAMAC is focused on product development for the HVAC or refrigeration industry. “We have developed technologies that help customers to reduce their energy bills, which is the core focus of our business.”   The company’s technology is geared towards storing thermal energy during cheaper times of the day, which then can then be used more efficiently like during peak tariff times or during loadshedding so that businesses save money, reduce product spoilage, become more green and more environmentally responsible. “That is why I wake up every morning,” says Mpumzi.   Mpumzi’s successes have been recognised on a number of occasions. These include being one of the top five youth innovators in Africa in the energy space, and as the most innovative youth business by SAB Kickstart.   However, he says that his proudest moment is seeing the change in and the impact on the young employees who work at the company. “Some of them have started straight out of school, and some of them have only worked one year. To look at how they’ve grown in terms of their own profession and as people and to know that as a company we are contributing to the development of people that are going to do great things in their own respective lives is a huge achievement.”   Ensuring motivation within his team is important to Mpumzi. “Our philosophy is that you must be able to give someone a vision so that they are able to motivate themselves internally. For example, when we engage our engineers, we say to them that our company is probably one of the few companies where they have free rein to actually design and build products. This allows them to fully express themselves and develop their skills, which we find is a huge motivator.”   Focus is key The best advice that Mpumzi has received is: Don’t sweat the small things. “Focusing on the key things that will get you the most results is essential. Don’t be anxious and want to control everything. That really has come through in the way that we do business and engage with our customers. We focus on what their biggest problem is and how we can help to solve that problem. People see that you’re interested in the things that matter to them.”   While KZN is a dynamic province, in the last couple of years it has met with a number of challenges. And, says Mpumzi, his company has not been immune to some of those challenges. COVID really impacted on the business as some of the work that they were doing was in commercial buildings. When everyone was told to work at home, this requirement caused projects to be terminated or put on hold. During the July riots their office and workshop was looted of all stock and completely destroyed.   Mpumzi commented that as an entrepreneur there’s no going back and as such started rebuilding from scratch. A key component of this meant that the company engaged with their customers and stakeholders and shared with them their situation and plan to rebuild to be able to fulfil their obligations.   “We found that they were very supportive and that different stakeholders came to the party. In fact, in the past two to three years our business has grown quite significantly financially and in new markets compared to the previous years where we even had investors. From the hardships that we came through we are much better off as a business and much better off as human beings.”   Be The Best One of the people that has inspired Mpumzi in his life has been his grandfather who never left Lusikisiki or the farm where the family came from.   “In that space he always managed to thrive and to be the leader at whatever he was doing. He was in education, a principal, and one of the drivers for early childhood development. I want to build a business that will be the best at what is does and I want to be the best at serving want to be the best at serving our customers in that space.”   In addition, says Mpumzi, he is driven by the belief that each generation has an opportunity to fulfil its own mission. “If you know that you are in this particular time to fulfil a specific purpose than you won’t sleep at night until you actually fulfill that purpose. That for me is a core belief that I don’t want to leave without actually fulfilling the mission that we’ve been sent to do and our company won’t die without fulfilling the mission that it’s sent to do.”   Mpumzi believes that KZN can be the platform to build a new industry, which has been a core focus for him. He believes that thermal storage technology has the ability to transform specific industries to make them greener and more profitable. In addition, the company really wants to create a platform where young innovators and entrepreneurs can develop their own products using their technology.   In conclusion, Mpumzi explains that his life motto has to be seen from an introspective perspective. “I live by a motto that says that ‘I am the one that is needed for whatever it may be’. Whether it’s growing an industry, building business, growing a family, being a responsible citizen of the province, being a great South Africa or being a great African, I don’t need to wait for anyone else to come and rescue me. Each of us can really take agency and bring change wherever we may be.”   W: www.samac.co.za

In the digital age, retail businesses are overwhelmed with data, making information compliance not just a necessity but a cornerstone of sustainable business practice. As retail operations handle a vast array of consumer information, understanding the nuances of data protection laws such as the Protection of Personal Information Act (POPIA), Promotion of Access to Information Act (PAIA), and Consumer Protection Act (CPA) is crucial.   Here’s how you can enhance your payroll processes and overall business operations through effective information compliance strategies.   Importance of Information Compliance Data compliance goes beyond the mere fulfilment of legal requirements – it is integral to building trust with your customers. For retail businesses, this is particularly critical as consumer interactions often involve the exchange of personal information, from online shopping to loyalty programmes.   Comprehensive Risk Assessments Conducting thorough risk assessments is a foundational step in identifying potential vulnerabilities in your data handling processes. These assessments help retail businesses understand where their information security might be compromised and provide a roadmap for implementing stronger safeguards.   Robust Training Programmes Employee training is essential in ensuring that every team member understands their role in maintaining data integrity. Regular training sessions can help instil a culture of data protection within your organisation, making compliance a collective responsibility.   Streamlined Data Management Policies Developing clear and concise data management policies is key to effective information compliance. These policies should outline how data is collected, used, stored, and destroyed, ensuring that every step meets compliance standards. Regular updates to these policies keep your business aligned with the latest regulations.   Technology Integration Leveraging technology can significantly enhance your compliance efforts. Advanced software solutions not only streamline compliance processes but also reduce the likelihood of human error. For instance, integrating secure payroll systems ensures that employee and financial data are handled in a compliant and efficient manner.   Ongoing Compliance Audits Regular audits are vital to ensure your compliance measures are up to the mark and to identify areas for improvement. These audits help reinforce the importance of compliance across all levels of your organisation and ensure that your practices remain in line with current legislation.   Building a Culture of Compliance Ultimately, the goal is to foster a culture where data protection and compliance are embedded in the everyday operations of your retail business. This cultural shift can lead to improved consumer confidence and business reputation, significantly impacting your bottom line.   Partnering for Success While the journey to full compliance can be complex, partnering with specialist professionals like LabourNet can simplify this transition. Our Information Compliance services are designed to align with your business needs, offering a seamless integration with your existing LabourNet Payroll System and providing ongoing support to ensure that your retail business remains compliant and competitive.   For more insights on how to enhance your retail business through effective information compliance, connect with LabourNet. Let us help you navigate the complexities of information law, ensuring your business not only complies with the regulations but also thrives in a competitive market.   Manage your risk. Contact us for an obligation free consultation.   T: +27 (0)31 266 6570 C: +27 (0)82 786 7480 E: johanvd@labournet.com     W: www.labournet.com

Entrepreneurship is an unpredictable journey filled with ambitious goals and relentless pursuits. Yet, a harsh truth often overlooked is the gap between facts and assumptions. Here are my seven key actions for cutting through the BS and knowing when to cut your losses:   1. Face the Facts, Not Assumptions   Assumptions can derail any business. Confront the hard truths about your data, market trends, and customer feedback. Embrace reality, as it’s the only solid foundation for successful decisions.   2. Embrace Failure as a Learning Opportunity   Failure is not the end but a steppingstone to success. Extract valuable lessons from setbacks. Every failure is an opportunity to refine strategies, innovate, and grow stronger. Remember, FAIL stands for First Attempt in Learning.   3. Cut the Emotional Attachments   Your business is not your baby; it’s a separate entity. Don’t let emotional attachments cloud your judgment. If a project, product, or partnership isn’t yielding results, muster the courage to let it go. Redirect resources toward more promising opportunities.   4. Prioritise Profitability Over Pride   Avoid chasing flashy objects that drain resources. Focus on ventures that promise profitability and contribute to your bottom line. Prioritise results over feel-goods; if it doesn’t provide a return on investment, it’s not worth your time.   5. Adapt to Thrive   In today’s fast-paced business environment, adaptability is crucial. Stay vigilant, monitor market shifts, and be ready to pivot when necessary. Embrace change and innovate relentlessly to stay ahead of the curve.   6. Surround Yourself with Truth Tellers   Don’t be the smartest person in the room. Avoid environments where your opinions are constantly reinforced. Surround yourself with a C.A.R.E. (Community, Accountability, Results, Education) ecosystem. Seek diverse perspectives, encourage constructive criticism, and cultivate transparency within your organisation.   7. Stay Grounded by Your Purpose   Amidst business chaos, never lose sight of your purpose. What drives you and your business? What impact do you aspire to make? Stay grounded in your values and let them guide your decisions. A clear sense of purpose keeps you focused and inspires others to rally behind your cause.   Navigating the harsh realities of business requires resilience and grace. By facing facts, learning from failures and, prioritising profitability, entrepreneurs can overcome challenges. Cut the losses, embrace truths that propel you forward, and let reality be your greatest ally. Your business is your current investment, future retirement, and lasting legacy.   Scan the QR code below to book a ten-minute call with me when you are ready to cut your losses but just don’t know how.   Contact me on, https://linkshare.co.za/marlenepowell or call +27 (0)83 479 4471

TOMY Takkies, a proudly African footwear brand under Bata South Africa, hits the big 6-0 this year, celebrating six decades of renowned versatility and timeless style. Starting off as a brand catering to both men and women, TOMY has now firmly entrenched itself as a female-focused powerhouse in the South African market, prioritising authentic connections with consumers and a commitment to making a meaningful difference in their lives.   “TOMY has a deep history in southern Africa. Our journey began in 1964 when hard shoes dominated the market, offering little in terms of comfort and style,” shares Swastika Juggernath, Head of Sneaker Department at Bata South Africa.   “Our vision was to offer something different, and so the TOMY Original Canvas Sneaker was born – more comfortable, durable, and versatile.”   TOMY’s iconic canvas black and white originals, known for their comfort and style, are now joined by a new, easy-to-clean PU collection and a more versatile fashion collection. This expanded TOMY offering empowers women across South Africa to express their individuality, complement their style, and embrace every occasion with confidence. From casual outings to formal gatherings, TOMYs remain a beloved fashion staple that can be worn with almost anything, making them the go-to footwear choice for women.   What truly sets TOMY Takkies apart? TOMY is a brand by women, for women. Starting as a team of mostly women, the brand’s mission has always been to craft comfortable yet stylish sneakers tailored to the needs and desires of women. This dedication to women extends beyond footwear design to a commitment to making a tangible difference in communities.   Central to TOMY’s ethos is its continued support for women-centric initiatives. From the TOMY Women.Kind initiative, providing a platform for local, women-led businesses, to ongoing contributions from every TOMY sale to organisations supporting women across South Africa, the brand exemplifies its dedication to empowering women in every facet of life.   As Tomy Takkies celebrates 60 years of empowering women and leaving a lasting mark in the South African market, it invites consumers to join in the journey ahead.   Says Juggernath, “Get ready, because with TOMY’s renewed commitment to innovation, community, and empowerment, the next 60 years are going to be amazing!”   For more information about Tomy Takkies and its 60th-anniversary celebrations, please visit www.tomy.co.za  or follow us on social media @TomyTakkies.

Article by:  Richard Hoal and Khanya Mgebisa Industry associations play a vital role in fostering collaboration and innovation, setting industry benchmarks and norms as well as championing the collective, the interests of their members. Yet, within this collaborative spirit lies a potential minefield for members of these associations where their cooperation can cross into anti-competitive territory, raising legal issues.   The recent settlement involving Hard Hat Equipment Hire and the Contractors Plant Hire Association (CPHA) highlights how these dynamics can unfold and the importance of associations implementing measures to prevent anticompetitive practices. In 2017, the Competition Commissioner (the Commissioner) initiated a complaint against the CPHA and its members for contravening Section 4(1)(b)(i) of the Competition Act, 89 of 1998 (the Act), which prohibits price fixing. In its complaint, the Commissioner alleged that the prohibited practice was taking place in the broader market for the rental of plant machinery. The Commissioner has subsequently referred to the complaint to the Competition Tribunal for prosecution in terms of section 50(2) of the Act. In the matter before the Competition Tribunal, the Competition Commission contends that the CPHA, which is an association of plant hire firms, and its members took decisions which fixed the members’ rental rates and trading conditions in contravention of section 4(1)(b)(i) of the Act.   The members of the CPHA are alleged to have done this by entering into agreements for the purpose of fixing their prices and trading conditions, alternatively, by engaging in concerted practice, i.e. co-operation between the members without an agreement, to fix their rental rates and/or trading conditions.   On 12 June 2024, the Competition Tribunal confirmed that one of the respondents, Hard Hat Equipment Hire, had entered into settlement with the Competition Commission which included an order of a R480 000.00 administrative penalty.   The Thin Line Between Collaboration and Collusion The recent case involving the CPHA highlights how industry associations can inadvertently or deliberately facilitate anti-competitive behaviour. This can happen inadvertently when associations provide platforms for members to discuss pricing strategies or operational practices, which can lead to informal agreements or understandings that restrict competition. Associations might also deliberately coordinate efforts among members to fix prices or divide markets to stabilise or increase profits.   The Competition Commission’s investigation revealed that CPHA and its members allegedly engaged in a concerted practice to fix prices and trading conditions for plant hire equipment. This included publishing of a Rates Guide which sets out minimum hourly rental rates and terms for all of its members, which undermined competition and harmed consumers. The matter is currently before the Tribunal who are required to determine whether the CPHA and its members fixed prices, though the publication of the Rates Guide, in contravention of section 4(1)(b)(i) of the Act.   Price fixing is prohibited under the Competition Act, which aims to promote fair competition and prevent practices that restrict market dynamics. Price fixing and market allocation are among the most serious violations of competition law because they can lead to higher prices, reduced innovation, and decreased consumer choice. These practices undermine the competitive process, harming both consumers and the overall economy.   Preventative Measures To avoid crossing the line into anti-competitive behaviour, industry associations can take the following preventative measures and practices: Develop Comprehensive Compliance Programmes: Keep detailed compliance manuals outlining acceptable and prohibited practices under the Competition Act. Regularly update the manuals to reflect changes in legislation and industry standards. The manuals will serve as a reference point for the association in their discussions relating to the various issues affecting their members and the potential solutions. Independent Monitoring: Implement regular audits to review association policies, pricing strategies, agreements and memorandums of understanding, and communications among members to ensure compliance with competition laws. Training and Awareness: Conduct regular educational events and mandatory training sessions for all members, focussing on identifying and avoiding anti-competitive practices. This can include industry experts presenting on case studies and real-life examples to highlight potential pitfalls. Governance Structures: Form independent compliance committees within the organisation to oversee adherence to competition laws and report any suspicious activities. This could include establishing a panel of competition law attorneys to review and approve any collective decisions or agreements amongst members. Building a Relationship with the Competition Authorities: Engage in regular and robust dialogue with competition authorities to seek guidance on compliant practices and staying informed about regulatory expectations.   Conclusion The Hard Hat Equipment Hire case serves as a stark reminder of the potential pitfalls that industry associations face in maintaining fair competition. By understanding the legal boundaries and implementing effective preventive measures, industry associations can fulfil their role of promoting industry interests without compromising the principles of fair competition.   Ensuring compliance with competition law is not just a legal obligation but also a crucial aspect of maintaining the trust and integrity of the market. By adhering to these guidelines, industry organisations can navigate the complex landscape of collaboration and competition, fostering an environment that benefits both their members and the broader economy.   Richard Hoal T: +27 31 536 8508 E: rhoal@coxyeats.co.za       Khanya Mgebisa T: +27 31 31 536 8553 E: kmgebisa@coxyeats.co.za W: www.coxyeats.co.za

Standard Bank and KZN Top Business are delighted to announce the shortlisted entries in this year’s business awards. The annual Standard Bank KZN Top Business Awards celebrate and promote successful large and small companies, innovative programmes, projects, and people that have made a positive impact on the province of KwaZulu-Natal. Kuben Chetty, Standard Bank Provincial Head of Commercial Banking for KZN, said, “Standard Bank is committed to partnering with businesses as they start, manage and grow. Our approach is built on a foundation of expert relationship managers who provide deeply personal service, based on an in-depth understanding of clients. It’s not just about transactions; it’s about relationships that deliver value and partnering with clients for growth. We believe that these awards are key in celebrating the businesses that align with our purpose of driving Africa’s growth.”   The following companies have been shortlisted in each of the twelve general categories.   Standard Bank Client of the Year – SME CategoryEntrants must have less than R100 million turn over per annum, entrant must bank with Standard Bank. Signa Travel Mac-Rites Panel Beaters & Spray Painters cc Thusi Holdings Argento Trading 117cc Steelco Construction for Africa Black City Media   2.      Standard Bank Client of the Year – Larger Enterprise - Entrants must have more than 100 million turn over per annum, entrant must bank with Standard Bank. Royal Tyres Sumitomo Rubber South Africa (Pty) Ltd Natal Joint Municipal Pension Fund   3.      Manufacturing Sector - Broadly defined as the physical or chemical transformation of materials or compounds into new products. Sky Tents Argento Trading Joekels Tea Packers Beauty and Brushez Artistry Natal Razor and Wire Sumitomo Rubber SA SA Adhesives Aberdare Cables ND Engineering Studio39 Jewellery Design Mac-Rites Panel Beaters & Spray Painters LHL Engineering   4.      Transport/Logistics Sector - Business activities concerned with transport via land, railway, water, pipelines, or air, and activities of travel agencies, post and telecommunications, courier activities, as well as storage and warehousing activities. Grindrod Limited Dynamic Shipping Services Linza Kahle AML Distributions   5.      Franchising Sector - A business that provides products or services under the branding and rules stipulated by a parent company. ActionCOACH Marlene Powell Pedros Flame Grilled Chicken RE/MAX Coast and Country   6.      Family-Owned/Managed Businesses - Businesses where the majority ownership/management remains within a family and where more than one generation contributes to the success of the business. Asha Law Attorneys and Conveyancers Royal Tyres Heads and Tails Exotics Global Impex S.A Miktek Scientific Steelco Dromex Cafe Monroe Gebodo Projects Drakewoods Group Felix Risk Training Consultants   7.      Agricultural and Agro-processing-Processing Sector - Incorporates establishments and activities that are primarily engaged in farming activities, but also includes commercial hunting, game propagation, forestry, logging and fishing. The beneficiation of primary materials and intermediate goods from agricultural, fisheries and forestry-based sectors is included. Heartland Foods Dreamcelsius Group Africa Agrikool GreenHills Laboratory   8.      Education, Business and Financial Services sector - This sector includes insurance and pension funding; legal; accounting; education and general business activities. The Busy Bookkeeper & Partners Jacquie Bhana Consulting Morar Incorporated Arvind Magan and Associates Inc. Inspired Financial Management Solutions Bosse Events Powerpoint Lifestyles Dolphin Coast Solar Solutions Fem Build   9.      Community Upliftment and Improvement - Businesses or social enterprises that have made a significant positive impact on the community and region they operate in. This could include charitable efforts or developing your local community to make KZN a better place to live and work. Sibaya Community Trust Innovate Durban Grasshopper Soccer Durban Phakamani Empowerment SmartXchange Phoenix Group Do More Foundation TAFTA SA Home Loans Use It Waste Beneficiation Natal Joint Municipal Pension Fund   10.   Renewable Efficiency – Green initiatives - This category includes renewable energy, low-carbon transport, energy-efficient buildings, clean technologies, improved waste management, improved freshwater provision, etc. Triplo4 Sustainable Solutions Circular Energy LiteBruim Group SAMAC Engineering Solutions   11.   Employee Wellness - Businesses that go the extra mile to engage their staff members through in-house training, flexible working, personal development, workplace wellbeing activity and teambuilding. Beekman Group SRF Flexipak SA Powerpoint Lifestyles   12.   Partnership Award - The winning project will reflect the importance of teamwork and effective inter-agency collaboration. Tidy Towns Do More Foundation Phakamani Empowerment   “We want to express our sincere gratitude to all the companies that participated ... and a huge congratulations to the shortlisted candidates in each category. Getting to the shortlist is a great achievement,” commented Grant Adlam, CEO KZN Top Business.   Leader of the Year The Standard Bank KZN Top Business Leader of the Year award is an honorary award given to a businessperson who has demonstrated exemplary business achievement, industry influence and is a true inspiration to others. The winner of this award will be announced at the gala dinner.   KZN Top Brand Voting for the KZN Top Brand is still open and is awarded based only on the results of a SMS voting system. In order to vote for your favourite Standard Bank KZN Top Business Brand 2024, SMS the letters KZN and your chosen top brand’s name to 45633.   A cost of R1.50 per SMS will be incurred (Ts and Cs apply). Furthermore, one lucky voter could win one a one-night stay for two people at the Radisson Blu Hotel Durban Umhlanga.   Voting for the Standard Bank KZN Top Brand award closes on 5 July at 10 pm.   Currently in the running are: ■ Hollywoodbets ■ Mi7 National Group ■ Beekman Group ■ Bluff Meat Supply ■ Icebolethu Group ■ Woodford Group ■ Hirsch’s ■ Bata ■ East Coast Radio ■ TAFTA ■ LHL Engineering ■ Sky Tents ■ Re/Max Coast and Country ■ Thirsti ■ Morar Incorporated ■ Tyson Properties ■ Goscor ■ SA Home Loans ■ KZN Oils ■ Gagasi FM ■ Pedros Flame Grilled Chicken ■ Royal Tyres   All the winners will be announced at the gala dinner on the 17 July 2024. #PartneringForGrowth #sbkzntbAWARDS24   For more information Contact Gayle Adlam T: +27 (0)83 653 0465 or +27 (0)31 267 1977 E: gayle@mweb.co.za   W: www.kzntopbusiness.com