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- Building a Strong Company Culture: The Beekman W.A.Y
As a staple of Port Shepstone’s private sector for over 50 years, The Beekman Group isn't just about beautiful resorts and unforgettable vacations; it's about creating a truly exceptional experience for everyone involved, including our incredible team. Employee well-being is a core value at Beekman, as we strive to be an employer of choice, attracting and retaining top talent. Which is why we launched the Beekman W.A.Y. programme in 2017 – a holistic approach to employee wellness that goes beyond simply recognising hard work. The Beekman W.A.Y. is about fostering a culture where everyone feels valued, empowered, and inspired. Through this programme, we encourage our team to adopt these culture pillars: · "Wow Our Customers" with exceptional service; · "Always Evolving" through growth and innovation; · "You Make The Difference" by embracing a positive attitude and teamwork. These guiding principles resonate throughout our 30+ resorts and our Port Shepstone head office, uniting our 1200+ team members in a shared sense of purpose. The Beekman W.A.Y fosters a culture of collaboration, empowerment, and inclusivity, recognising that our people are the true heartbeat of the organisation. To achieve this, we dedicate significant resources to employee well-being, investing well over R1 million annually in initiatives that enhance the lives of our team. To build the element of inclusion from the ground up, we have appointed dedicated Culture and Engagement Officers to champion employee well-being, and we organise a diverse range of events throughout the year, from team-building activities and social gatherings to community outreach programmes and health and wellness workshops. Beyond the formal programmes, we encourage a robust culture of recognition and appreciation. We provide ample opportunities for personal and professional growth. From financial wellness workshops and life skills training to access to mental health resources and professional development programmes, we strive to support our employees in all aspects of their lives. The results of this commitment to employee well-being are clear. We boast high levels of employee satisfaction, exceeding 85% in recent surveys. This positive environment translates directly into exceptional customer service, with guest satisfaction consistently surpassing 80%. Our motivated and engaged workforce drives our success, fuelling continued growth and innovation. The Beekman W.A.Y. programme, recognised by the 2024 KZN Top Business Awards in the Employee Wellness category, and as one of the Sunday Times Best Places To Work, is a testament to our commitment to creating a thriving workplace where everyone can succeed. It's a culture that's not just beneficial for our employees, but also for our business. CONTACT DETAILS HEAD OFFICE BEEKMAN Physical Address: 3 Daly Street, Port Shepstone Postal Address: Private Bag 702, Port Shepstone, 4240 Tel: +27 (0)39 688 5000 | Fax: +27 (0)39 688 5005 E-mail: enquiries@beekmangroup.com Website: www.beekmangroup.com Beekman Group Marketing Team
- The downsizing dilemma: not an easy decision
Tyson Properties has been monitoring the residential property downsizing trend, which has been showing a significant uptake in estates and sectional title complexes. “No longer is downsizing the traditional sway of retirees or empty nesters,” says Kim Woods, franchisee at Tyson Properties Morningside, Durban. “It’s become a popular choice for those who want to realise the benefit of cashing in their larger property investment asset to pursue other endeavours such as international holidays, starting a business, or even just to supplement their savings. For others it’s a necessary evil given the ongoing sluggish economy and cost-of-living increases.” The latter is certainly a major motivator but, says Woods, downsizing may not necessarily reduce household expenditure significantly, but it will definitely help in cutting down on the difficult and time-consuming maintenance of an older or larger home and garden. “Estates and sectional title properties respond to this because they offer amenities that can be tapped into with little to no effort.” Estate living has become exceedingly popular as a result, and many that migrate to this lifestyle are seeking a live-work-play environment where all their needs are centralised in close proximity to their home, be that sports activities, high levels of security, nature and views, restaurants, shops, and even schools. “But these come at an additional non-optional fee, often considered as ‘hidden’ costs,” warns Woods. Financial implications This is where the red flags begin to flap. “If the downsizing choice is to sustain a comparable lifestyle to your current one on a large property, estate living may actually be more expensive. In some cases the per sqm price of the estate unit, which has less space, may carry monthly costs that are unaffordable. “Downsizing to an estate may cost thousands of extra Rands per month, reflected in the levies and the rates,” says Woods, “especially if the estate is well-maintained and tailored for the discerning buyer. This is something downsizing buyers often forget to compare to their existing household budget. “Another oft-forgotten aspect of downsizing is the costs associated with selling and buying such as agent commission, bond cancellation fees, transfer costs, removal services, and compliance certificates,” Woods points out. “This could worsen a financial fall out especially if the existing home requires maintenance and repair to bring it to a saleable condition.” Market conditions affect decision-making Downsizing is also proving most costly for those who still have bonds on their existing properties, and more so if they haven’t done the math. “A smaller home might translate into bigger monthly home loan payment, which, when combined with a high monthly levy and rates that increase annually, can prove especially difficult to manage by those on a fixed income or facing retirement.” Another potential pitfall that can have significant financial implications is signing an Offer to Purchase before selling the existing property. “Many sellers have been forced to drastically reduce the selling price when they are under pressure to sell within a specific timeframe. Relevant to this is that the current average time a property is on the market is 12 to 14 weeks, which is double the time it used to be just a handful of years ago.” It’s not all doom and gloom though, despite the hard shift that downsizing may introduce. “There will be a lifestyle change, but this can be positive,” says Woods. “If insecure or uncertain whether it’s the right decision to make, there is always the option to rent first. Similarly the existing home may be rented out which may be able to fund the new downsized lifestyle. This is all, obviously, dependent on pricing, be that the price of the old property or the new.” Money doesn’t buy happiness Downsizers should not be discouraged by the negatives because careful planning can be very advantageous. “Deciding to move into a smaller home should never be primarily about spending less. If the focus is angled more towards investing in a new lifestyle enhanced with things money can’t buy, you’ll have more time to spend on things that really matter, such as family and your passions, rather than directing it to property maintenance and heightened security measures, for example,” says Woods. “I highly recommend that those considering downsizing engage with a qualified property practitioner, who will need to understand exactly what you want to achieve when downsizing,” says Woods. “They can be an exceptionally knowledgeable resource in helping you navigate through the evolving housing market, offer customised solutions, and negotiate favourable deals for all parties. Ends. Tyson Properties : Kim Woods kimw@tysonprop.co.za
- Chris Tyson: Leading Tyson Properties with Ethics, Resilience, and Family Inspiration
Chris Tyson, CEO of Tyson Properties, attributes his success in real estate to a foundation of ethics, resilience, and optimism, coupled with inspiration from his family and a strong focus on teamwork, leading his company through challenges like the 2007 financial crisis and the Covid-19 pandemic. ### Key Takeaways - Chris Tyson’s passion for real estate was inspired by his mother’s involvement in show house tours during his childhood. - Before becoming CEO, he developed essential customer service and adaptability skills working as a barman during his gap year. - Family is his primary motivation, and he considers his team an extension of that family. - Values and ethics play a central role in his business philosophy, contributing to international recognition for Tyson Properties. - He successfully navigated major challenges, including the 2007 financial crisis and the Covid-19 pandemic, through resilience and ethical practices. - Chris holds an optimistic view on real estate growth, particularly in KwaZulu-Natal, with improved infrastructure driving future opportunities. - His guiding principle is that personal and business integrity fuels long-term growth and success.
- Enhancing Trust Management Compliance Amid South Africa's FATF Grey-Listing
Amid South Africa's grey-listing by the FATF, compliance urgency has surged, especially in trust management. Trustees face increased regulatory pressures, with DOJ & CD circulars highlighting penalties for non-compliance, affecting all trustees. The grey-listing underscores issues in financial flows and oversight, necessitating better trust governance. Poorly managed trusts pose compliance risks, making services like Legal Entity Management Systems (LEMS) vital. LEMS aids trustees in navigating trust closures, mitigating penalties, and supporting South Africa's financial system integrity. Co-owned by Brian Payne and Alan Hockey, LEMS offers expert, data-driven solutions, featuring a unique payment system and client portals for transparency. As South Africa aims to meet FATF compliance, LEMS's services are crucial for regulatory adherence and financial confidence. ### Key Takeaways - South Africa’s FATF grey-listing has intensified regulatory pressures, particularly in trust management, exposing trustees to legal and financial risks. - Non-compliance with tightened trust closure requirements can lead to severe penalties, affecting both active and inactive trusts. - LEMS plays a critical role in assisting trustees and financial professionals with compliance, trust closures, and penalty mitigation. - The company’s expertise includes combining regulatory knowledge and data-driven methodologies to streamline complex trust management tasks. - LEMS offers a unique transparent two-step payment system and client portals for efficient and personalised closure processes. - Co-owned by experienced professionals in tax and data analytics, LEMS delivers tailored services to financial advisors managing multiple entities. - These efforts contribute to rebuilding confidence in South Africa’s financial systems amid FATF-imposed compliance demands. Legal Entity Management Systems (LEMS)
- Grant Adlam, founder and publisher of KZN Top Business and other publications
Grant Adlam, founder and publisher of KZN Top Business and other publications, is a passionate advocate for innovation, marketing, and storytelling. With a background in journalism and advertising, he overcame challenges like COVID-19 by incorporating technology and continues to showcase business success stories from KwaZulu-Natal, driven by a mission to promote growth, inspire others, and highlight the potential of the region. ### Key Takeaways - Career Beginnings : Adlam started as an aspiring commercial artist at The Star newspaper but transitioned to selling advertising, where he gained valuable insights into marketing and publishing. - KZN Top Business : He launched the KZN Top Business publication 25 years ago, combining traditional and digital strategies, which remains successful and influential today. - Overcoming Challenges : During COVID-19, Adlam leveraged technology to pivot his business, innovating events and awards through streaming, showcasing resilience in adversity. - Mission and Motivation : Adlam is driven by a passion for promoting success stories, fostering growth in people and businesses, and marketing KwaZulu-Natal's potential locally and globally. - Proudest Achievement : Sustaining and growing KZN Top Business for over two decades, highlighting the region’s success stories and innovation. - Vision for KZN : Envisions further growth in KwaZulu-Natal by leveraging opportunities, fostering partnerships, and emphasizing the motto "success breeds success." - Inspiration and Leadership : Motivated by personal drive, listening to others' success stories, and a commitment to helping businesses and individuals thrive. Grant Adlam, founder and publisher of KZN Top Business and other publications
- KZN Business Sense is more than just a newspaper
KZN Business Sense is a prominent newspaper that serves as a vital source of information for the business community in KwaZulu-Natal (KZN), South Africa. This publication is available in both digital and tabloid print formats, catering to a diverse readership that includes entrepreneurs, corporate executives, and local business owners seeking to stay informed about the latest trends and developments in the region's economic landscape. The digital version of KZN Business Sense offers an interactive platform where readers can access up-to-date news articles, in-depth analyses, and expert opinions. This online presence not only allows for real-time updates but also enables readers to engage with the content through comments and shares, fostering a sense of community among business professionals. The digital format is particularly advantageous for those who prefer to consume news on-the-go, as it can be easily accessed via smartphones, tablets, and computers. On the other hand, the tabloid print version of KZN Business Sense presents a more traditional approach to news dissemination. This format is characterized by its vibrant layout and visually appealing design, making it an attractive option for readers who enjoy the tactile experience of flipping through a physical publication. The tabloid print often features exclusive interviews, success stories, and case studies that highlight local businesses and their contributions to the economy, providing readers with inspiration and insights into effective business practices. Both formats of KZN Business Sense are committed to delivering high-quality journalism that prioritizes accuracy and integrity. The publication covers a wide range of topics, including market trends, investment opportunities, regulatory changes, and profiles of influential business leaders in the KZN region. By doing so, KZN Business Sense not only informs its readers but also empowers them to make informed decisions that can positively impact their businesses. Moreover, KZN Business Sense plays a crucial role in promoting local businesses by featuring advertisements and special sections dedicated to showcasing innovative products and services. This aspect of the publication helps to foster a supportive ecosystem for entrepreneurs and small businesses, encouraging collaboration and networking within the community. In summary, KZN Business Sense is more than just a newspaper; it is a comprehensive resource for anyone involved in the business sector in KwaZulu-Natal. With its dual offerings of digital and tabloid print formats, it successfully bridges the gap between traditional and modern media, ensuring that its readers are well-equipped with the knowledge and insights necessary to thrive in a competitive business environment. https://www.kzntopbusiness.com/kzntopbusinessnewsblog
- Big Celebrations Start with Sky Tents
Step away from traditional indoor venues and embrace the freedom of outdoor events. While planning an outdoor gathering requires careful consideration, such as choosing the ideal location and preparing for unpredictable weather, it also offers unparalleled opportunities to celebrate in style. With the sunny season upon us, now is the perfect time to create unforgettable moments under South Africa’s beautiful skies. Big Celebrations Start with Sky Tents An outdoor tent event combines the natural beauty of the outdoors with the comfort and elegance of a carefully designed setup. Sky Tents provides durable, spacious, and customisable tents to suit any occasion. From lively gatherings to elegant soirées, their tents set the stage for memorable celebrations. Imagine a vibrant garden party filled with laughter and games, all under the shade of a stylish and comfortable tent. More than just functional, their tents enhance the atmosphere, creating inviting spaces where your guests can relax and enjoy themselves. Whether it’s an intimate gathering or a grand celebration, Sky Tents can help you make your event truly special. Sky Tents understands that every event is unique. That’s why they offer a variety of tent styles tailored to diverse needs including elegant wedding marquees to practical corporate setups. Available exclusively for purchase, these tents are a lasting investment for hosting remarkable events year after year. While outdoor events have their challenges, Sky Tents ensures you’re prepared. Keep your guests cool and refreshed with their premium mobile chillers and freezers which are essential for keeping drinks cold and desserts intact. They also offer a wide range of event essentials, including popcorn machines, ice makers, and portable toilets, ensuring every detail of your event is flawless. And they also have jumping castles to keep the children entertained. Creating extraordinary events starts with the right tools, and Sky Tents is your trusted partner. Let them manage the essentials so you can focus on what matters most – enjoying the occasion. Reach out to them today and transform your next outdoor event into something truly extraordinary. With distinctive designs to choose from, they’ll help you find the perfect match for your next celebration. Make the most of this festive season with their exclusive deals on tents and event supplies. Whether you’re planning a family celebration or a sophisticated corporate function, Sky Tents offers deliver exceptional value. Don’t wait, contact their sales team today to secure your deal before it’s too late! Please note: Tents are available for purchase only and are not for hire. W: www.skytentsa.co.za
- Inspiring Growth, Gratitude, and Achievement
This edition of Business Sense focuses on celebrating success — a practice essential for personal and organisational growth. Celebrating achievements fosters motivation, boosts morale, and reinforces positive behaviour. Recognising accomplishments, whether big or small, validates the hard work and dedication invested, while providing a sense of fulfilment. Business Sense V10.6 ft Amanda Swana In the workplace, celebrating success enhances team cohesion by encouraging camaraderie and collaboration. Acknowledging milestones inspires employees to take pride in their contributions, leading to increased productivity and innovation. Recognition also sets a benchmark for others, motivating them to strive for excellence and align their efforts with organisational goals. On a personal level, celebrating achievements reinforces self-confidence and resilience. It reminds individuals of their capabilities, empowering them to face future challenges with optimism. Moreover, success stories can uplift and inspire others, spreading positivity within communities. These stories demonstrate what is possible while offering opportunities to reflect on lessons learned, fostering continuous improvement. This issue highlights several remarkable success stories: Amanda Swana, Chief Executive Officer of Powerpoint Lifestyles, is featured on the front page and in the article on page three . Shakila Maharaj, founder of ShazaCin Accessible Media, is profiled on page two for her efforts in enabling accessibility for visually impaired individuals. Farah Goolam from Invest Durban is spotlighted on page six . We also congratulate Cox Yeats Attorneys on the inclusion of many of their lawyers in the 2025 edition of The Best Lawyers in South Africa™. See page seven for more details. The glamorous grand finale of the annual KZN Top Business Women initiative, celebrating successful women, took place in November. Find coverage on pages eight and nine . The KZN Top Business Leaders Portfolio, a highlight of the year for KZN Top Business, celebrated numerous leaders in the province alongside the launch of the IBV Privé Lounge. See page ten . The Minara Chamber of Commerce recognised outstanding businesses and individuals at its annual gala dinner, while the iLembe Chamber announced the winners of its Entrepreneur competition. See page fourteen for more. Ultimately, celebrating success is about more than the moment; it cultivates a mindset of growth, gratitude, and determination. Both Professor Theuns Pelser and Jacquie Bhana share reflections on their 2024 achievements and their aspirations for 2025 on pages twelve and thirteen . As the festive season approaches, we wish you well and look forward to achieving and celebrating new milestones of success in 2025.
- Colette Tanner - The Impact of Generational Differences in The Workplace
Generational theory is used to explain the cultural change based on the era an individual is born into and describes a recurring cycle of age cohorts called generations. The rhythm of generations depends on the timing of historical, social, and cultural events that affect people’s experiences. World events and social trends during a specific period of time and significant culturally bound life stages for example education, marriage, building family, working years, influence goals and values and shape a cohort’s thinking and attitude toward life, relationships and the workplace. This moulding of ideologies and behaviours defines the group as a generational cohort, distinguishing one generation from another. Cohorts provide a basis for understanding social movements and how social change occurs while still preserving cultural traditions and identity. Colette Tanner - The Impact of Generational Differences in The Workplace For example, generations growing up during war time or a recession learn survival values such as financial determination, rationality, materialism, respect and power. Similarly, those generations who grow up in periods of socio-economic security learn postmodern values, such as tolerance of diversity, equality and self-actualisation. The result of the myriads of different generational cultures in the workplace, where each cohort owns its unique characteristics and behaviours, presents a need to shift management styles to bring about optimal working synergies. Employing a variety of generations can have great benefits for an organisation, from expanding perspectives to creating a dynamic team with an arsenal of complementary strengths. However, managing generational differences in the workplace can be uniquely challenging, as collectively the cohorts may all have vastly different needs and goals. There are convincing generational differences, where the most cited refer to leadership, loyalty, satisfaction, innovation and motivation. The generational groups are labelled and include the Traditionalist or Silent Generation (1928-1945), Baby Boomers (1946-1964), Generation X (1965-1980), Millennials (1981-1996) and Gen Z (1997-2012). The Traditionalists Traditionalists, the first recorded generation in the workplace growing up in an arduous era, exposed to the Great Depression and World War II, displayed earnest, melancholy, conventional and stoic characteristics. The Traditionalist generation arguably survived humanities greatest atrocities. These shared experiences translate in the workplace as a strong work ethic, employment and their ability to contribute was a privilege, loyal to an institution, rule abiding and respectful of authority. The Traditionist employee tends to be less concerned with workplace culture, and their view of labour is more financially transactional. Traditionalists tend to stay in roles and at companies longer than members of any other generation, valuing stability, security, and loyalty above all else. The Traditionist has mostly exited the workplace and have left an indelible mark. Baby Boomers The birth years of the Baby Boomer are the late 1940s to mid-1960s. This generation was named after the “boom” in birth rates after World War II, when soldiers coming home from the war settled down and raised families. Political and social upheaval outlined the Baby Boomer’s formative years, the Baby Boomer rebutted power and leadership and aimed at fixing society’s ills through various civil rights movements. The Baby Boomer had a particular effect on the growth of culture, prosperity and demand for service. Described as the generation of vision, the identity of this cohort lies in achievement and prosperity. Post-war gave new life, the Baby Boomer was handed the gateway to educational advancement, becoming a driven generation. As a result, this generation constitutes a large portion of business leaders, top management, and executives in the workplace today. Baby Boomers will depart from the labour market in the next decade, which will likely impact negatively on the workplace due to the significant loss of knowledge and skill. As a result of the transitioning and generational complexities, employee engagement and retention has become a priority of the employer. Organisations recognise that they must place emphasis on workforce retention strategies and workforce planning to accommodate knowledge loss and skills deficits. Highly ambitious and career-driven, this cohort is driven by promotions, rewards, and other accolades to confirm that they’re “climbing the ladder” successfully. Workplace strategies, which include reverse mentoring, may bridge knowledge gaps, develop leadership skills at both the junior and senior levels, facilitate respectful relationships between different generations in the workplace, support generational inclusivity, promote diversity and increase employee engagement. Generation X In the cohort Generation X, the X was used to signify the generation’s resistance to a label. This generation is often referred to as the latchkey generation as the Baby Boomer parent was career driven. Gen X were self-raised in a time of great social upheaval, which led to a greater sense of independence and self-reliance. During their formative years, Gen X witnessed an economic downturn resulting in mass job loss and companies downsizing. Over-educated, resourceful and sceptical Gen X faced an overcrowded workplace saturated by the Baby Boomer. They may challenge the status quo and seek autonomy. Gen X seek out clear, consistent feedback and prefer to have important conversations face-to-face and thrive where their professional experience is valued and where they are fairly compensated for all of their contributions. They value work-life balance and often seek stability in their careers. Gen X exhibits a hands-on and autonomous leadership style. The Millennial Generation Millennials are unlike any other previous generations witnessed by the workplace and hold distinguishable views of the world and workplace. Their distinct characteristics tend to be misunderstood among other generational cohorts and managers. The Millennial generation is characterised by a high degree of racial, cultural and ethnic diversity. The Millennial is highly social and is conscious of the impact of life on the environment. The techno savvy Millennial has had exposure to technology and the media throughout their formative years and views technology as integral to their existence. This cohort views the workplace as an extension of their home life. The Millennial used their perception of the workplace to their advantage and with changing traditional notions of entrepreneurship and reshaping industries across the globe, a new breed of entrepreneurs took centre stage. With their unique characteristics, innovative mindset and digital fluency, this new wave of business pioneers have leveraged technology and embraced social responsibilities in a way that is having a significant impact on the world. To the Millennials, managers and workplace hierarchy are less respected and viewed more as coaches and mentors and favour a workplace that prioritises work-life integration and flexibility, seeking purpose in their work. Millennials often appreciate collaborative and inclusive leadership however may question authority and seek more open communication with management. The Zoomers Gen Z is the offspring of Generation X. The “Z” in their name is said to stand for “Zoomers”, a nod to the fact that they are the first generation to grow up with widespread access to the internet and smartphones. They are digital natives and considered more technologically advanced and strongly resemble their predecessors. Gen Z and Millennials have similar values and progressive views. Gen Z are highly collaborative with a pragmatic attitude. Gen Z may have scepticism towards corporate executives, particularly in light of perceived corporate greed and unethical practices, which may lead to a lack of trust in authority figures within the business world. Authority figures such as politicians, social justice or activists, tend to have a significant impact on Gen Z’s beliefs and behaviours, especially if they align with their generation’s values and aspirations. Gen Z may respect and value the opinions of authority figures who they perceive as credible, knowledgeable, and transparent in their communication. However, Gen Z may be less likely to automatically respect authority figures based solely on their position or title, and may instead look for evidence of competence, integrity, and alignment with their values. Gen Z’s level of respect and value for authority figures may also be influenced by their personal experiences, background, and exposure to different perspectives. Gen Z values a balance between autonomy and collaboration. They tend to question authority not merely out of scepticism but rather as a means to ensure transparency and clarity. Creating Supportive Workplaces Managing a multigenerational workforce comes with its own set of challenges. Understanding the preferences and needs of each generational cohort can help leaders create a more inclusive and supportive workplaces. As we navigate this unique juncture of work ethics, communication styles, and career aspirations, it’s crucial that leaders proactively adapt their leadership approaches to ensure they create effective and ethical cultures, and meet governance, stakeholder and sustainability imperatives. For more information please contact Colette Tanner T: +27 (0)31 767 0625 E: colette@drg.co.za W: www.drg.co.za
- Ilembe Chamber - The Entrepreneur 2024
Congratulations to the winners of The Entrepreneur 2024 programme, who were announced at the annual Exhibition which was held on the 28th of October 2024 at the CMH Ford Ballito Showroom. The Entrepreneur 2024 This Exhibition showcased the hard work, innovation, and passion of the finalists, offering them an opportunity to introduce their businesses to the public. First placed winner was Sithembile Ndlovu, the Mushroom Queen, second placed winner was Claire Butler, owner of Humidity Hulk, whilst the third placed winner was Donavan Gumede from Asbongah Foods. The iLembe Chamber’s partners in The Entrepreneur 2024 business accelerator programme are Enterprise iLembe, Airports Company South Africa, King Shaka International Airport, The North Coast Courier, Siza Water, ENGIE Peakers Operations and Avon Peaking Power.The programme’s digital partner is Ballito ISP. The Entrepreneur programme is an accredited UKZN Graduate School of Business & Leadership short course. W: www.ilembechamber.co.za
- Minara Chamber of Commerce Honouring Remarkable Achievements
The Minara Chamber of Commerce proudly celebrated the success of its 2024 Business Awards, held on 25th October at the esteemed Orient Hall in Durban. This flagship event recognised and honoured the remarkable achievements of South Africa’s vibrant business community. Minara Chamber of Commerce Honouring Remarkable Achievements The evening featured a compelling fireside chat with Riaz Haffejee, senior vice president of Toyota South Africa’s Manufacturing Support Group. Drawing on his extensive expertise, Haffejee shared profound insights on leadership, innovation, and adaptability in an ever-changing business environment. His keynote address inspired attendees, encouraging a forward-thinking approach to the future of business in South Africa. The Chamber expressed gratitude to headline partner Standard Bank for its steadfast support. Ameen Hassen, Head of Shariah Banking at Standard Bank South Africa, delivered an exceptional address, emphasising the bank’s commitment to fostering economic growth and empowering businesses—values closely aligned with the Chamber’s mission. The awards celebrated an impressive range of finalists across multiple categories, showcasing the breadth of talent and innovation within South Africa’s business ecosystem. The Chamber congratulated all participants, acknowledging their dedication and significant contributions to their respective industries. Business Entity Large Category: 27four Investment Managers was recognised for its exceptional growth, industry leadership, and innovation. Business Entity Medium Category: Comessa Food Services, based in the Western Cape, earned the award for its sustainability initiatives, business excellence, and customer service. Business Entity Start-up Category: Hydra Power Group, led by young entrepreneur Sameer Khan, was celebrated for its technological innovation and entrepreneurial spirit. Businesswoman Category: Mariam Cassim, MD of Reunion Wholesalers in Durban, was honoured for her leadership and vision in the wholesale sector. Professional Achiever Category: Abdullah Verachia, a global strategist and author, received recognition for his contributions to the professional sphere. Businessperson of the Year: Suleman Shaik, CEO of Shaik Investments, was acknowledged for his business acumen, growth leadership, and community initiatives. Young Entrepreneur Category: Yusuf Ahmed Moola, co-Director of Kondeni Fuels, stood out for his innovative and bold contributions to the industry. Community Builder Category: Businessman and sports tourism activist Ashraf Allie was celebrated for his impactful community upliftment initiatives. Minara Lifetime Achiever Award: Dr Naledi Grace Pandor, chairperson of the Nelson Mandela Foundation and former minister of international relations and Cooperation, received this prestigious honour. While unable to attend, Dr Pandor conveyed her heartfelt gratitude for the recognition. The evening also paid tribute to two late business and community stalwarts, Ahmed Shoab Moosa of Willowton Group and Yusuf Gany Mahomed, with a moving commemoration by Minara Chamber President Solly Suleman. The Minara Chamber of Commerce extended its appreciation to all sponsors, including Standard Bank South Africa, Capital Group, Bryte Takaful, 27four, Emergivac, AMKA Group, and Cell C, as well as media partners for their contributions to the event’s success. Their support underscored the collective strength of the Minara Chamber community in celebrating excellence and leadership. For further information, visit http://www.minara.org.za or contact the Chamber at kzn@minara.org.za , gtn@minara.org.za , or westerncape@minara.org.za
- Sappi’s Billion Rand Investment in Kwazulu-Natal
In a strong demonstration of its ongoing commitment to supporting investment in KwaZulu- Natal, Sappi Southern Africa has pledged to invest R10.8 billion in the province over the next five years. This significant pledge was announced by SappiSA CEO Alex Thiel at the KZN Investment Conference, held at the Inkosi Albert Luthuli ICC in Durban on 11 and 12 November 2024. Sappi’s Billion Rand Investment in Kwazulu-Natal Overall, companies pledged a total of R76 billion investments for the province, with Sappi’s substantial commitment being the second largest. As a company with operations deeply rooted in the province, Sappi recognises its role as a significant contributor to the economic and social fabric of KwaZulu-Natal. With three operational mills in Umkomaas, Stanger, and Mandeni, as well as 165,000 hectares of forest plantations, Sappi creates employment opportunities for thousands of people, both directly and indirectly. This pledge follows previous commitments made by Sappi, notably the R7.7 billion Saiccor Mill upgrade and expansion project in 2018, among others in subsequent years. Additionally, Sappi is one of the largest users of the Durban Port, moving approximately 120 containers per day to export its dissolving pulp, primarily to India, Europe, China, and other Asian countries. We continue to grow the forest sector value chain empowering local communities through our comprehensive Enterprise and Supplier Development initiatives, by supporting more than 4,000 timber growers through our Sappi Khulisa Enterprise Supplier programme. Another 102 SME suppliers in the region benefit from more than R250 million spent on their development, in addition to having the opportunity to become suppliers, along with our many other suppliers in the province who support our operations through their products and services. Sappi’s Social Impact Programme extends beyond enterprise support to include education, skills development, and community initiatives. We recognise that a strong foundation in education and community well-being is essential for building a well-rounded, resilient business environment that enhances KwaZulu-Natal’s appeal as a sustainable destination for trade and investment. “We saw this as an ideal opportunity to pledge our support, demonstrating our confidence in the future prosperity of the province as a premier destination for investment. This conference also served as a vital networking platform to express our appreciation for the work done to date in addressing some of the logistical challenges we face,” said Alex Thiel. “While significant progress has been made, we were also able to discuss ongoing concerns, such as the delayed rebuilding of the South Coast Railway Line and the availability of railway equipment, which we believe may hinder companies operating in KZN from reaching their full potential,” he said. www.sappi.com












