Partnerships that connect people and uplift communities
At VEA Road Maintenance and Civils, roads do more than connect cities — they connect people, create opportunities, and uplift entire communities. The company’s exceptional growth and success are built on invaluable partnerships with key clients like the South African National Roads Agency (SANRAL), the Department of Roads and Transport, the Western Cape Government and the KwaZulu-Natal Department of Transport. Together with these partners, VEA Road Maintenance and Civils has built a reputation for excellence, highlighted by its consecutive Top 5 ranking in the South African Construction Sector for 2024, an honour it also achieved in 2023. Being ranked among the Top 500 best managed companies reflects the company’s relentless focus on quality, innovation, inclusion, and community impact. “We’re more than a road construction company,” says Thoko Tshabalala-Shandu, Managing Director. “Our vision is to use infrastructure as a tool for positive change. Without our strong relationships with clients and communities, our ability to make an impact would be limited.” VEA Road Maintenance and Civils’ partnerships enable the company to execute large-scale projects that not only improve infrastructure but also change lives. From creating jobs to developing skills and supporting local communities, their work goes far beyond the roads they build. One of the most significant collaborations is with SANRAL where VEA Road Maintenance and Civils has worked on major projects such as the N2, N12, and R23 highways. These projects have not only improved the road network but have also contributed to job creation and skills development within local communities. “SANRAL’s approach is holistic. They don’t just build roads – they ensure that the communities around the roads benefit too,” explains Thoko. “This commitment aligns perfectly with our mission to empower communities through infrastructure.” VEA Road Maintenance and Civils’ work with other esteemed clients has allowed it to contribute to regional growth by employing local labour and providing training in crucial technical skills. “For us, building roads is just the beginning,” says Thoko. “Each project is an opportunity to uplift communities and create long-term opportunities.” VEA Road Maintenance and Civils’ dedication to excellence and community upliftment has been recognised with its Top 5 ranking in South Africa’s Construction Sector for 2024, an honour it has now earned multiple times. This recognition places VEA Road Maintenance and Civils among the best 5 out of 500 companies in the sector, marking two consecutive years of maintaining this prestigious standing. VEA Road Maintenance and Civils’ recognition in the Top 5 ranking for the Construction Sector, an honour it has earned multiple times, reflects the organisation’s commitment to excellence and community upliftment. “Being in the Top 5 is about more than technical expertise or delivering on time,” says Thoko. “It’s about how we approach everything — from the partnerships we build to the way we engage with communities. Our success is deeply rooted in the people we work with — our team, our clients, and the communities we serve.” This continued recognition, two consecutive years running, is a direct result of VEA Road Maintenance and Civils’ focus on partnerships and community engagement. For example, the collaboration with SANRAL on projects like Operation Vala Zonke, a nation-wide pothole-fixing initiative, is a testament to the company’s community-centred approach. “We’ve been able to create jobs and provide training to local workers, thanks to the support of SANRAL and our other clients,” says Thoko. “Together, we’re building a brighter future for everyone involved.” VEA Road Maintenance and Civils’ commitment to community upliftment goes beyond infrastructure. Their involvement in initiatives like Mandela Day, where they extended their 67 minutes of service into an entire weekend, delivering supplies to schools and elderly homes, is just one example of their dedication. In the South African construction sector, diversity and inclusion are becoming increasingly important. VEA Road Maintenance and Civils is leading the way in this transformation, with a strong focus on gender diversity under the leadership of Thoko Tshabalala-Shandu. The company has created hundreds of opportunities for women in the construction industry, an area traditionally dominated by men. Thanks to partnerships with SANRAL, the Department of Roads and Transport, and other governmental bodies, VEA Road Maintenance and Civils is not only delivering high-quality infrastructure but also empowering women and young people through employment and training opportunities. “Our clients have been instrumental in helping us bring more women into the industry,” says Thoko. “We are opening doors that were once closed to women, and that’s something we are very proud of.” Contracts Manager Terry- Anne Hart adds, “Our partnerships with SANRAL and provincial governments enable us to promote diversity and inclusion. When organisations share a commitment to empowering underrepresented groups, the results are truly transformative.” This focus on community impact, diversity, and inclusion is one of the main reasons VEA Road Maintenance and Civils consistently ranks in the Top 5. Their ability to deliver exceptional infrastructure while empowering communities sets them apart from their competitors. “Our roads are more than just infrastructure,” concludes Thoko. “They are bridges to better futures. None of this would be possible without our incredible partners, whose shared commitment to building a better South Africa perfectly aligns with ours.” Georgina, a site agent in VEA Road Maintenance and Civils, shares her perspective on managing over 700 workers and navigating the challenges that come with such a responsibility. “Managing this many people comes with its challenges, like conflict resolution, labour disputes, and ensuring everyone knows their role,” Georgina explains. “A good manager needs to be solution-oriented. I believe in addressing issues immediately, then revisiting the cause to prevent it from happening again.” Georgina’s leadership style is built on an open-door policy and team empowerment. “I always encourage my team to suggest solutions, not just report problems. This creates accountability and ensures quicker conflict resolution,” she says. Her approach ensures that VEA Road Maintenance and Civils not only maintains high-quality delivery but also fosters a positive and collaborative work environment. At VEA Road Maintenance and Civils, they don’t just build roads — they build opportunities. With the support of partners
Leadership is broken – Blanchard SA’s Jayson Naidoo knows how to fix it
What if the real problem in your company isn’t the strategy, the economy, or the competition… but you? In this episode of the Business Unusual Podcast, hosted by Ralf Fletcher, leadership coach and Blanchard South Africa CEO Jayson Naidoo flips the script on traditional leadership. Raised on a small farm, Jayson’s journey from cricket captain to an expert on leadership is anything but conventional—and so is his leadership philosophy. He unpacks the real reasons teams underperform, the shocking truth behind toxic work cultures, and why most leaders—yes, even the “good” ones—are guilty of what he calls “leadership malpractice”. This episode dives deep into the human side of leadership: Whether you’re leading a team, scaling a startup, or just trying to survive in a high-stakes workplace, this conversation will challenge how you think about leadership—and give you the tools to transform it. Because at the end of the day, leadership isn’t something you have—it’s something you do. Hit play. Your team, your company, and your legacy depend on it:
Changes to the labour policies
By Jessie Taylor Nedlac proposals signal major overhaul of labour laws in South Africa South Africa is on the brink of its most comprehensive labour law reform in decades, following the conclusion of extensive negotiations between organised business, organised labour, and government under the auspices of the National Economic Development and Labour Council (Nedlac). If the proposed amendments become law, they could fundamentally alter the country’s employment landscape—especially for high earners, small businesses, and workers facing retrenchment. The reforms aim to streamline dispute resolution, enhance worker protections, and promote greater flexibility for start-ups while addressing inefficiencies in existing labour systems. They span four key pieces of legislation: the Labour Relations Act (LRA), the Basic Conditions of Employment Act (BCEA), the National Minimum Wage Act (NMWA), and the Employment Equity Act (EEA). In total, the proposed package includes 65 legislative changes—47 to the LRA alone. A new framework to streamline dispute resolution A central feature of the proposed reforms is a limitation on the remedies available to high-income earners (defined as those earning more than R1.8 million annually). Under the proposed changes, these employees would no longer have recourse to reinstatement through the Commission for Conciliation, Mediation and Arbitration (CCMA) in cases of unfair dismissal—unless the dismissal is found to be automatically unfair, such as whistleblowing or discrimination. Instead, remedies for other unfair dismissals would be restricted to capped compensation. The earnings threshold will be adjusted annually based on the consumer price index, and the changes aim to reduce the caseload burden on the CCMA and speed up dispute resolution processes. Another major focus is retrenchment law. Labour stakeholders successfully pushed for the extension of the facilitation period in large-scale retrenchments from 60 to 120 days. This is designed to ensure that retrenchment is a last resort, and that employers have exhausted all alternative options. Additionally, statutory severance pay is set to increase from one week to two weeks of remuneration per year of service – although business representatives opposed the change. The amendment will only apply to service accumulated after the commencement of the new legislation. Other proposed changes to the retrenchment process include: These reforms aim to align legal processes with Labour Court rulings and to reduce delays in resolving retrenchment-related disputes. Start-up relief and small business flexibility In a move aimed at encouraging entrepreneurship, the government proposed exempting start-up businesses with fewer than 50 employees from conditions set by extended bargaining council agreements. This proposal was supported by business, but opposed by labour, which raised concerns about potential abuse. To mitigate this risk, additional safeguards are proposed, such as requiring that the directors of a new company not have previously been registered within the last two years and imposing a financial threshold to prevent wealthy entities from qualifying as start-ups. These changes form part of a broader recognition of the role that small and medium-sized enterprises (SMMEs) play in job creation and economic growth. Another significant change involves revising the scope of what constitutes an unfair labour practice. Under the proposed amendments, issues such as disputes over promotions would no longer fall under this definition. Instead, the focus would be limited to unfair suspension or disciplinary action short of dismissal, and occupational detriment arising from protected disclosures. However, a one-year transitional period has been proposed for certain sectors—such as public service, education, and police—during which time promotion disputes can still be pursued, allowing time for new collective agreements to be established. Another key area of reform is procedural fairness in dismissals. A proposed amendment clarifies that an employee must be given a fair and reasonable opportunity to respond to allegations before dismissal—reinforcing a move away from overly formal or adversarial processes. Furthermore, a new three-month probationary period is proposed, during which new employees will have limited protection from unfair dismissal. The rationale behind this is to reduce hiring risks and encourage job creation, especially for young and inexperienced job seekers. The Nedlac Report, including draft amendment bills and supporting working papers, has been submitted to Employment and Labour Minister Nomakhosazana Meth. The next steps include review by the State Law Adviser, followed by submission to Cabinet and then Parliament. Once tabled, the proposed laws will be subjected to the full legislative process, including public participation and potential revisions. Notably, not all proposals received unanimous support from Nedlac’s social partners. This means further negotiation and refinement may occur during parliamentary deliberations. While some future-facing issues—like remote work, climate-related heat stress, and just transition policies—have not yet resulted in specific legislative proposals, working papers on these matters have been developed and may inform future reforms. Sources: Engineering News | Business Live | BizCommunity
The greatest? Gerda Steyn’s great run to the top
By Koketso Mamabolo One day a 24-year-old quantity surveyor from the Free State laced up her takkies to join a running a club in Dubai. She was hoping to meet people and make friends. Little did Gerda Steyn know that she had written the first letter of her name into South African road running history. That was in 2014. She came 14th in her first Comrades, only two years after she first fell in love with running. Four years later she burst onto the scene, winning the Two Oceans marathon. “No-one can touch her,” says fellow competitor, friend and Hollywood Athletic Club teammate, Carla Molinaro, in the SuperSport documentary, Breaking records, the Gerda Steyn story. Carla calls Gerda the best road ultra runner in the world and it’s easy to tell why: She holds both the Comrades and the Two Oceans marathon records and can’t stop winning. The former is the oldest and largest ultramarathon in the world. A grueling 89km test of the limits of human ability. The latter, a more modest 56km, is made only less daunting by the beautiful scenery which sets the backdrop for thousands of runners, from the elite like Carla and Gerda, to the people ticking things off their bucket lists or testing their own limits. She does both with what looks like relative ease, always ready to share a smile with the spectators who cheer her on as she glides along winding rounds and punishing hills. “She is phenomenal, I don’t even know how many she’s won,” says Carla. Three Comrades and six consecutive Two Oceans marathons, to be exact. She has a special mix of brains, speed and endurance, says Bruce Fordyce, road running legend and nine-time Comrades winner, who almost cried when congratulating her after her Comrades win in 2024, when she broke the women’s record. After a disappointing showing in the standard marathon (42.2km) at the Paris Olympics, her 2025 Two Oceans win was a reminder of how much better she is over the longer distances. She ran the third fastest time ever by a woman in the race, 3:29:11, after running the second fastest time in 2023 (3:29:06) and the fastest time of 3:26:54 in 2024. That level of dominance is almost unheard of, in whatever sport. She’s the only woman to run the Two Oceans in under three and a half hours, and she’s done it four times. To put that in context, the first female entrant, who participated in 1974 Two Oceans marathon, Theresa Stadler, completed the race in 07:33:00. The next year, Ulla Paul was the first woman to run within the six-hour limit (5:24:51). It would take another four years for the five-hour barrier to be broken by Janet Bailey (4:34:28), before Beverly Malan opened the gates of the four-hour barrier when she finished in 3:59:08 in 1985. Beverly would go on to become the first woman to win the race three times, the same year that Siphiwe Gqele, a miner, became the first man to achieve the incredible feat. Gerda has gone on to eclipse them all, including four-time winner Monica Drögemöller, and Angelina Sephooa who won the race three times in three attempts. The 2024 season, the main focus of her documentary, was a year many would dream of. Besides the Two Oceans and Comrades record-breaking efforts, and her second appearance at the Olympics, she also set the course records at the Om Die Dam marathon in Hartebeesport and at the Vaal Marathon, where organisers and fellow runners treated her to a birthday celebration. She enjoys the social connection. She’s made the friends she was looking for eleven years ago – many of them – and become a popular icon in the South African running community, which values camaraderie and the social side of sport as much as the competitive element of racing. “I think what makes Gerda so special is the way she connects with people,” says road running journalist Mosibodi Whitehead in the hour and a half-long documentary. She’s an elite runner, but she’s also the people’s runner. Like all the great South African athletes she carries with her collectivist values and a sense of responsibility, a representative of her country. “I enjoy that people find that they can relate to me. That is something that is special to me. I wouldn’t want it any other way,” says Gerda, flashing the smile that running fans all over the country have become accustomed to. The greatest? The documentary producers posed the question to the interviewees and they all seemed to agree on one thing: If she’s not already a legend, the greatest Comrades and Two Oceans runner South Africa has seen, then she’s on the way. Despite the late start, the 35-year-old queen of the road seems to be treating her career like she treats her race strategy: A slow, steady start that builds into a searing pace. “No-one can touch her.” After she crossed the line at this year’s Two Oceans, it took eight minutes and forty seconds for the next woman to finish. Not a bad lead for someone who just wanted to make friends. Source: Supersport | Daily Maverick | EWN | Cape Talk | INEOS | Two Oceans Marathon | Comrades |
Join the digital revolution at Sentech Africa Tech Week 2025!
By Topco Marketing When: 3-4 June 2025 Where: Century City Conference Centre, Cape Town Are you ready to lead the digital evolution and turn tech into power ? The countdown is on for Sentech Africa Tech Week 2025, and this is your chance to be part of the continent’s most transformative tech event. Whether you’re a startup founder, business leader, or tech enthusiast, this conference is designed to ignite innovation, foster collaboration, and position Africa as a global tech powerhouse. Why attend Sentech Africa Tech Week 2025? The future of technology in Africa starts here. Here’s why you can’t afford to miss it: 1. Network like never before Africa’s tech ecosystem thrives on collaboration, and Sentech Africa Tech Week is your ultimate networking playground. With over 500 attendees —from CEOs and policymakers to developers and innovators—you’ll have unparalleled access to: Don’t miss the Fast-Track Networking Sessions, where you can turn conversations into connections in minutes. Plus, there are plenty of informal networking breaks to recharge, refresh, and build meaningful relationships. 2. Upskill your team with cutting-edge insights Looking to train your employees and keep them ahead of the curve? Sentech Africa Tech Week offers a jam-packed agenda of panel discussions, fireside chats, and tech demos featuring thought leaders from Microsoft, AWS, Google Cloud, and more. Topics include: Africa Tech Week Award Entries are closing soon. Enter now. 3. Position your brand as a thought leader Want to elevate your company’s profile? Sentech Africa Tech Week offers unique opportunities to showcase your expertise and establish your brand as a leader in the tech space. Whether you’re speaking on a panel, hosting a fireside chat, or presenting a tech demo, this is your platform to: From sustainable streaming solutions to smart factory innovations, the conference covers every corner of the tech landscape. Don’t just attend—be a part of the conversation. What’s happening at Sentech Africa Tech Week 2025? Day 1: 3 June 2025 – Lead the Digital Evolution Day 2: 4 June 2025 – Turning Tech into Power Special offers you can’t miss Ready to shape Africa’s digital future? Sentech Africa Tech Week isn’t just another conference, it’s a movement. A movement to connect, innovate, and transform Africa’s tech landscape. Whether you’re pitching your startup, networking with industry leaders, or gaining insights to upskill your team, this is the place to be. Secure your spot today and join us as we lead the digital evolution and turn tech into power. Together, let’s build a smarter, more connected Africa. Register now. For sponsorship or speaking opportunities, contact us at marketing@topco.co.za
AI and the law
By Jessie Taylor The AI advantage: Combating financial fraud in South Africa’s digital economy In an era where the digital economy is rapidly evolving, South Africa is witnessing both remarkable advancements in financial services and a surge in increasingly sophisticated fraud schemes. From online banking to real-time payments and digital insurance claims, financial transactions have never been more convenient – or more vulnerable. Against this backdrop, artificial intelligence (AI) has emerged as a critical line of defence, revolutionising the fight against fraud by enabling real-time detection, smarter prevention strategies, and better protection for consumers. Why AI makes a difference Financial fraud in South Africa continues to pose a serious threat to both consumers and businesses. From card cloning and phishing to identity theft and fraudulent insurance claims, the methods employed by fraudsters are diverse and constantly evolving. According to the Association for Savings and Investment South Africa (ASISA), South African life insurers and investment companies detected 13,074 cases of fraud and dishonesty in 2023, marking a 46% increase from the 8,931 cases reported in 2022. The industry successfully prevented losses amounting to R1.5-billion in 2023, up from R1.1- billion in 2022. However, actual losses due to fraud rose significantly to R175.9-million in 2023, compared to R77.2-million the previous year. Traditional fraud prevention methods, often reliant on manual review and static rule-based systems, are no longer sufficient to address the scale and sophistication of modern fraud. However, AI systems can process and analyse vast volumes of transaction data in real-time, identifying suspicious patterns that humans or traditional systems might miss. These patterns may include unusual spending behaviours, large purchases made from unfamiliar locations, or transactions occurring at odd hours. By detecting these anomalies early, banks and financial institutions can intervene before damage is done. One of the standout features of AI is its scalability. Unlike human fraud teams that struggle to keep pace with growing transaction volumes, AI systems can scale seamlessly to handle millions of transactions without sacrificing accuracy or efficiency. This is particularly crucial as South Africa’s banking sector continues to expand and embrace digital banking solutions. As payment methods evolve – through real-time clearing and card-not-present transactions – fraud risks evolve alongside them. AI strengthens payment systems by offering dynamic fraud detection capabilities. It doesn’t merely flag transactions – it evaluates context. Through predictive analytics, AI can discern between legitimate anomalies and actual fraud, reducing the number of false positives that frustrate customers. With machine learning, these systems continuously adapt, learning from new threats and updating models accordingly. The ethical concerns Despite its many benefits, the implementation of AI in fraud detection is not without challenges. One of the primary issues is the “black box” nature of AI systems—the difficulty in explaining how decisions are made. This lack of transparency can become problematic, especially under scrutiny from regulatory bodies such as the Financial Sector Conduct Authority (FSCA) and the South African Reserve Bank. These regulators demand clear reasoning for actions taken, particularly when customer accounts are frozen or claims denied. Moreover, compliance with the Protection of Personal Information Act (POPIA) is paramount. AI systems must be designed to handle personal data responsibly, ensuring data privacy and minimising the risk of bias. If an AI system is trained on skewed data, it could disproportionately target certain demographics, resulting in unfair treatment and legal liabilities. As banks and insurers adopt AI to prevent fraud, fraudsters are simultaneously leveraging AI to perpetrate it. A 2023 PwC report warned that criminals are expected to adopt AI tools on a much broader scale, intensifying the arms race between fraud detection and fraud execution. This raises the stakes for South African institutions. Continuous innovation and cross-sector collaboration are vital to stay ahead. Financial institutions must invest in agile AI systems that evolve in tandem with new threats, and they must also share insights and intelligence with peers and regulators to form a united front against cybercrime. AI alone cannot eliminate fraud, but it can be a formidable part of a broader fraud prevention strategy. As AI tools mature, their ability to improve compliance reporting, automate suspicious activity monitoring, and provide early fraud warnings will only strengthen. AI is ushering in a new era of fraud prevention in South Africa. From detecting anomalies in milliseconds to analysing claim documents for manipulation, AI allows financial institutions to act swiftly and decisively. While data quality, transparency, and regulation challenges remain, the benefits are too significant to ignore. The financial sector stands at a crossroads: evolve with the times or risk falling behind. With responsible deployment, ethical safeguards, and continuous improvement, AI can secure the digital financial ecosystem for both businesses and the public. In the fight against fraud, it’s not just a matter of using AI—it’s a matter of using it wisely. Sources: CMS Law | Standard Bank | ASISA
From idea to impact: How to create meaningful wellness initiatives
By Sue Ramauthar Employee wellness is no longer a “nice-to-have”—it’s a business imperative. Human Resources professionals are being increasingly tasked with finding meaningful ways to support staff health, engagement, and performance. But turning a wellness idea into an effective, engaging, and sustainable initiative requires more than a fruit bowl in the breakroom or a 5km fun walk. So where do you begin? And how do you ensure your wellness initiatives truly resonate with employees and deliver lasting impact? 1. Start with the ‘Why’ Before diving into activities and perks, pause to define your purpose. Why is wellness important for your organisation? Where are your priorities? To reduce absenteeism? Improve morale? Support mental health? Retain top talent? Establishing a clear goal will shape everything from your budget and timelines to the types of interventions you implement. 2. Let your people guide you No two workforces are the same. Start by conducting a wellness needs assessment—this could be through anonymous surveys, health risk assessments, or focus group discussions. Find out what your employees truly want and need. For a mining workforce, for example, musculoskeletal support and nutrition may be top priorities, while a corporate setting may lean toward stress management and digital wellness. 3. Develop a strategy that fits Once you understand your employee needs and organisational goals, it’s time to map out a structured wellness strategy. This should include: 4. Create a wellness culture, not just a calendar Wellness is not a once-off campaign; it’s a culture. That means embedding wellness into the rhythm of your organisation—aligning initiatives with the company’s values, getting leadership buy-in, training wellness champions, and ensuring managers ‘walk the talk’. A strong culture of wellness drives voluntary engagement and sustains momentum beyond short-term programmes. 5. Partner with the right people One of the most effective ways to bring your wellness vision to life is to collaborate with a partner that understands how to translate strategy into a live, impactful campaign. Our team works closely with HR and leadership to create bespoke, innovative, and highly engaging wellness programmes—from on-site allied support for employees to engage challenges and awareness campaigns tailored to specific workforces. 6. Evaluate, adapt, evolve Wellness is a journey. Monitor your programmes regularly—collect feedback, measure outcomes, and refine your approach based on what’s working and what’s not. Use data to demonstrate impact and keep leadership informed of both the wins and areas for growth. Final thoughts A well-thought-out wellness programme not only supports the health and happiness of your people – it enhances productivity, strengthens culture, and boosts your brand as an employer of choice. By starting with strategy and choosing the right partners, your wellness vision can become a powerful force for positive change. Sue Ramauthar is a corporate wellness practitioner and physiotherapist at SuedeWellness
EmpowHER is back in Gauteng!
By Topco Marketing The Standard Bank EmpowHER conference is landing in the heart of South Africa’s business capital. If you are a female entrepreneur in Gauteng, this is the moment you’ve been waiting for. Set to take place on 22 May at the Radisson Blu Gautrain Hotel, Sandton, EmpowHER Gauteng 2025 is more than a conference – it’s a launchpad for women with big ideas and bold ambition. If you’re a female entrepreneur with a business that is ready to scale, this is where growth, mentorship, and real opportunity collide. An opportunity to be in the spotlight Step into the EmpowHER Pitching Den, where 10 Gauteng-based entrepreneurs will take the stage to present a 3-minute elevator pitch to a panel of seasoned business experts – followed by a live Q&A with game-changing feedback. Not only will you gain exposure, but the winner of each province will attend the 22nd annual Standard Bank Top Women Awards in Johannesburg this December where one finalist will be crowned the EmpowHER Entrepreneur of the Year and receive the R50 000 cash prize. Not pitching? There’s still power in the room As a delegate at EmpowHER Gauteng 2025, you’ll be at the centre of the action – soaking up inspiring keynotes, unlocking real business insights, and experiencing the electric energy of the live Pitching Den as next-generation leaders take the spotlight. There will also be the Fast-Track Networking hour – an unmissable high-energy session designed to spark insightful conversations, fresh collaborations, and lasting partnerships with fellow entrepreneurs, investors, and industry leaders. Think speed dating, but for serious business moves. In addition, every delegate walks away with a curated goodie bag packed with value, surprises, and a few treats to keep your business spirits buzzing long after the event. This is where Gauteng’s boldest and brightest women show up, link up, and level up. Book your seat here, or step into the spotlight and apply to pitch here Read more about putting together a strong business pitch Want to become a sponsor of the event where you can showcase your business as a showcase counter or put your products in our goodie bags? Email: alexandra.kotchoubei@topco.co.za and she will put you in touch with our head of brand.
Dr Reuel J. Khoza on leadership and democracy
By Fiona Wakelin & Koketso Mamabolo Archimedes said if you give him a big enough lever he could lift the earth. It’s all about leverage. If you find the right point, and the right lever, you can move anything. And with the help of others, to paraphrase the old saying, you can move even more. Throughout his life, Dr Reuel J. Khoza, one of the South African business world’s most erudite thinkers and respected entrepreneurs, seems to have found the right lever when he needed it. A brilliant student turned inspiring teacher who found a home in the corporate world, one he has furnished with passion and academic rigor, Dr Khoza is fluent in several languages but is most adept at an old language which goes beyond words: the language of family, kinship, camaraderie, ubuntu. He’s an Africanist and a prolific writer with a career that is an incredible feat of alchemy, combining high ethical standards, business acumen and a work ethic refined through mission-school education and the guidance of his evangelist father. He’s not just a moral authority but a technical one too, having served as Mervyn King’s deputy for the drafting of the King III and King IV reports, setting the framework for corporate governance in South Africa. If integrity was a person, they would be farming avocadoes, macadamia nuts and pears, making music as a labour of love, like Dr Khoza, a man who holds kinship dearly, a custodian of eternal values. An activist teacher in the C-suite Beginning with an undergraduate degree in psychology, Dr Khoza’s academic record and abilities as a teacher propelled him to a faculty position just as South African student politics were about to reach a fever pitch. It’s not surprising that such a man, whose overarching philosophy has its foundations in a collectivist mindset, which naturally provides an ideological framework for human rights, found himself crafting poems and lyrics which gave life to the students’ moral cause. University management took exception and so ended Dr Khoza’s first pedagogical journey, in 1974. He joined Unilever, spending four years as marketing assistant and product manager, before obtaining a scholarship from Shell Oil South Africa to pursue his Master’s in marketing in the United Kingdom. After working for the multinational, upon his return to South Africa, he decided to venture out alone in the business world, a brave and risky decision in a time when the efforts of black entrepreneurs were stifled by a system working against them, an atmosphere which motivated him to join the Black Management Forum. He brought his collectivist spirit with him into his marketing and management consultancy, looking deeply into ubuntu and applying it to corporate culture and leaders. What follows is a career that would be the envy of any business professional. Dr Khoza has chaired the boards of Nedbank, Assupol, the Private Investment Corporation, and chaired during the Eskom the Mandela and Mbeki administrations, and was president of the Institute of Directors Southern Africa in 2001. He is currently the chair of Dzana Investments, a private equity firm run by Nkateko Khoza, his eldest daughter, which invests mainly in the technology sector. He has also served on the board of directors of the Johannesburg Stock Exchange, Standard Bank, IBM South Africa, Old Mutual, Liberty Life Group and Nampak, with the list continuing to grow. Read the full story in the 24th edition of Impumelelo: Top Empowerment and find out why Dr Khoza believes a great leader is like a conductor and why he has no choice but to hope for a better future for South Africa.
A new era for South Africa’s legal sector: Proactively embracing the Legal Sector Code
“The debate around the amendments to the Legal Sector Codes is important, but it must also consider the spirit and intent behind the legislation. True transformation requires a deliberate effort to diversify supplier bases and create real opportunities for new entrants to thrive.”