Gugs race celebrates 16 years

Published 14 December by Staff Writer, Cape Times at 09:27pm

Tomorrow approximately 2 000 enthusiastic runners and athletes will take to the streets for the annual RCS Gugs Reconciliation Race.

The race, which is hosted and sponsored by the Gugulethu Athletics Club, financial services provider, RCS and the Cape Times, has been held for the past 16 years on 
Reconciliation Day, December 16.

Gugulethu is one of the oldest townships in Cape Town and where many black people were forced to live when they were forcibly removed by the apartheid government.

Tomorrow’s race is important for the Cape Times, which this year celebrates its 
140th anniversary, as well as parent company, Independent Media.

Driving social change is integral to Independent Media’s transformation 
strategy.

This event underscores the company’s vision to bring together diverse readership communities and offer platforms where readers can communicate and share, as well as being informed and 
entertained.

 

Read full article here

 

Connecting people

Published 12 December 2016 by Adri Senekal De Wet, Independent Online at 07:40am

It is almost 140 years since Alexander Graham Bell demonstrated the telephone to Queen Victoria followed by the first installed telephone in Britain.

Telephone exchanges followed, allowing cities to connect. The National Telephone Company was formed, then the General Post Office. In 1896, the National Telephone Company was taken over by the General Post Office. In 1912 it became the primary supplier of telecommunications services. Today it is known as British Telecommunications, or BT.

More than a decade ago, BT’s vision for Africa led the company to partner with a (then) medium size black-owned and managed diversified public company, Sekunjalo Investments. BT rooted their business expansion objectives on partnerships with visionary, trusted and sustainable business partners and networks.

The proof of that successful partnership is clear: BT grew to become a dominant-leading telecommunication provider on the African continent. At the weekend, I spoke to BT’s Africa, Middle East and Asia Pacific President, Kevin Taylor,during his visit to the country. He told me he was extremely excited about Africa and the strategic relationship with Sekunjalo.

Heartbeat

Networks are the heartbeat of any economic growth strategy for any country, company, government, household or individual. Everybody wants to be connected – from the president of a country to a sweeper. Some need the connectivity to implement strategies, others to protect their countries, while some just want to share feelings.

 

Read full article here

The Young Independents launch #Mzansi100Top2017

Published 09 December 2016 by Viwe Ndongeni, Independent Media at 04:19pm

The young, the trendy, the academics and the creatives gathered on 8th December, 2016 at The Young Independents (TYI) call for nominations launch in search of South Africa’s Top 100 inspiring and aspiring leaders for 2017.

In it’s second year, the call for nominations garnered much interest at the African Pride, 15 on Orange.

Esteemed leaders from various industries who came together, elevated the much respected initiative which spear-headed the launch to the next level.

One of them being, South Africa’s new Public Protector, Advocate Busisiwe Mkhwebane who took office from Thuli Madonsela.

As a key-note speaker, Adv. Mkhwebane encouraged young people to use their talent to better themselves and create employment.

“You have potential to think out-side the box, nothing is stopping you from achieving your goals.”

Adv. Mkhwebane made reference to Ludwick Marishane, founder and creator of DryBath Gel.

On the gravel roads of Limpopo, with an allowance of R50 a week, he came up with a way for his underprivileged community to bath without having to go through the struggle of not walking distances for water, so people could now use a dry soap to clean with.

“What is stopping you?”, Adv. Mkhwebane asked.

With the regards to ongoing struggle of young people, Adv. Mkhwebane

said, “we can step in to ensure the government creates the environment for you to become the young person that SA needs.”

Independent Media Executive Chairman, Dr Iqbal Survé, applauded the contribution of young women who are change agents that bring about transformation and innovation within the Independent Media stable. He went on to say that he wants young people to aspire not to be like him, but to go on and enjoy life, have fun and have a purpose in order to achieve their dreams.

Read the full article here

Friday Files – 90 years of excellence at Livingstone High

Published 02 December 2016 by Cape Argus, Independent Media at 11:27pm

Livingstone High School principal Theo Bruinders and his staff live up to the school’s motto of embracing excellence, writes Gasant Abarder.

You may miss it when you’re driving down Imam Haron Road, Claremont, as right now it resembles a construction site. But don’t be fooled by appearances. Inside the modest buildings and grounds lies a centre of excellence for maths and science.

This Friday Files edition is not about a single person, but rather about a passionate principal and a team of dedicated teachers.

As I enter Livingstone High School I am welcomed by principal Theo Bruinders. He is a serious man with a frown etched on his face as he reflects on the 90th anniversary of the school.

Livingstone is proof that you don’t need state-of-the-art facilities to compete with the best – although it’s much needed.

For decades the school has consistently produced matriculants in the top 20 or 30 achievers in the province, has more than 80 bachelor passes and the cream of the crop when it comes to maths and science results.

“Our alumni are all over the world. In fact, they are true to our school song, We roam the wide world over’,” says Bruinders.

Livingstone was founded in an era when high school education for black and coloured children was an afterthought for the government of the day.

 

Read the full article here

 

Khallid Abdulla officially opened stock exchange

Published 09 December 2016 by Staff Writer, Cape Times at 05:40pm

Khalid Abdulla officially opened the stock exchange markets on Wednesday using the Johannesburg Stock Exchange’s (JSE) mystical kudu horn.

Abdulla, who is group chief executive of African Equity Empowerment Investments (AEEI), was treated by the JSE to the sound of its mystical kudu horn, as AEEI celebrates an “exceptional year of performance, empowerment and governance awards”.

The blowing of the horn (ringing of the bell) is a tradition usually reserved for companies that are being listed on the stock exchange.

However, Abdulla and AEEI were honoured after the company showed consistent financial growth over several years, with an impressive trading period in the past 12 months and recognised by its peers with several top awards and consistent financial performance.

AEEI Chief Officer Khalid Abdulla said: “As testament to its forward-thinking approach, its high standards and its ability to deliver results, AEEI was recently recognised by Empowerdex in its annual benchmark of JSE Listed companies as the Most Empowered Company, the Most Empowered Management Control, listed by the Financial Mail as a Top 10 Performer on the JSE for financial performance and was also ranked by IRAS as the Top Performer for the highest SDTI for governance in the Sector: Financial Services – Other.”

 

Read the full article here

Khalid Abdulla, CEO of AEEI opens the JSE in celebration of a multi-award winning year

Press release

– Celebrating an exceptional year of performance, empowerment and governance awards, Khalid Abdulla, Group CEO of African Equity Empowerment Investments Limited (AEEI), was treated by The Johannesburg Stock Exchange (JSE) to the sound of its mystical Kudu horn, as he officially opened the markets this morning.

The blowing of the horn (ringing of the bell) has become somewhat of a tradition, although usually reserved for companies that are being listed on the stock exchange. However, Abdulla and AEEI were accorded the honour by virtue of the fact that the company has shown consistent financial growth over several years, with a particularly impressive trading period in the past 12 months and recognised by its peers with several top awards and consistent financial performance.

As testament to its forward thinking approach, its high standards and its ability to deliver results, AEEI was recently recognised by Empowerdex in its annual benchmark of JSE Listed companies as the Most Empowered Company, the Most Empowered Management Control, listed by the Financial Mail as a Top 10 Performer on the JSE for financial performance and was also ranked by IRAS as the Top Performer for the highest SDTI for governance in the Sector: Financial Services – Other.

Accolades for its proficiency are well deserved. It has increased its current market cap to almost R2 billion from R500 million over the past three years, posted consistent above market year-on-year growth, with a record 53% increase in operating profit, and its Net Asset Value (NAV) increasing by 21% for the year to end August 2016. This is made all the more remarkable when considering the tough economic conditions of the times.

Following its ‘Vision 2020 Vision’ strategy which continues to have a positive impact on the growth progression and operational efficiency of all five divisions of this diversified Investment Company. Consistent performance, coupled with increased brand awareness and recognition, its acquisitions and the value it unlocks in its operations as well as strategic investments (like Saab Grintek Defence, British Telecommunication Services South Africa (Pty) Ltd Pioneer Foods Group Limited and asset management company, Sygnia Limited) is attracting investor interest and growing confidence. The company has also created significant stakeholder value.

As one of South Africa’s leading and most successful black empowered listed companies, Abdulla and his colleagues put their sustained growth, financial success and expanding influence down to a few simple principles; The ability to embrace differences – whether it is experience, outlook or knowledge – observe and truly listen to what is going on around them, not just in business but on the ground, in Communities they come from, and ultimately represent, as well as AEEI’s non-judgemental but openminded approach to business and putting stakeholders first.

This perceptive approach is represented in, and delivered on, by AEEI’s holistic ‘Vision 2020 Vision’ strategy. It is underpinned by the holistic professional capabilities of the management team driven and led by Mr Khalid Abdulla and the organisation’s belief in empowering its staff and one of the key reasons why Abdulla has the honour of opening the Johannesburg Stock Exchange.

Thanking the JSE for awarding AEEI the opportunity, Abdulla said: “This is for each member of the incredible AEEI team (management and staff) who all deserve the recognition and without whom we would not be here today. We are excited about what tomorrow holds.” With that, Abdulla took a deep breath and sounded the future.

As several other additional acquisitions in the new 2017 financial year have already been announced – Puleng Technologies and the most recent being the stake it has taken in Headset Solutions – the predicted listing of its food and fishing, and technology businesses, it may well be sooner, rather than later, that Abdulla’s horn blowing talent is once more tested.

//ends

The top 4 awards again at the end of release:

1. Top financial performance

2. Top empowered company

3. Top empowered management and management controlled company

4. Top award for corporate governance

Should you wish to interview Mr Khalid Abdulla, please contact: Feroza Petersen Communications and Marketing Cell: 082 801 3919

AEEI tops in bumper year of awards

Published, 02 December 2016 by Joseph Booysen, Independent Online at 02:00am

African Equity Empowerment Investments (AEEI) has landed its fifth performance award this year.

The diversified investment and empowerment firm received the award at an event held in Sandton this week.

The company was awarded Top in the Sector: Financial Services – Other, with a score of 83.52 percent.

The award is for the Highest Sustainability Data Transparency Index for reporting and governance by Integrated Reporting Assurance Services.

AEEI was also awarded third overall out of 311 companies, of which 297 are JSE-listed companies and 14 state-owned enterprises.

Cherie Hendricks, director of corporate affairs and sustainability at AEEI, said : “For many years we have worked tirelessly to provide our stakeholders with the information they require in order to make informed decisions.”

AEEI was rated 182nd overall in 2013, 16th overall and top in the Financial Services sector in 2014, and last year the firm was ranked 10th overall and second in the Financial Services sector.

AEEI’s CEO Khalid Abdulla said: “We are honoured to be receiving this award, which confirms that our business model is on a firm holistic and sustainable growth path as we continue to add value for our stakeholders, with a very high standard of financial performance and governance in a testing economic climate.”

 

Read the full article here