Published 30 October 2017, by Georgina Crouth 

JOHANNESBURG – With four awards under his belt this year already, Khalid Abdulla is counting his blessings: he’s captained the JSE-listed African Equity Empowerment Investments Limited (AEEI) for six years and built up a strong team around him.

AEEI listed its Premier Fishing and Brands Limited division earlier this year under Abdulla’s leadership and he is thrilled about an imminent listing on the JSE for its IT arm. “Part of our Vision 2020 was to list our fishing and IT businesses separately on the JSE. The IT listing is going to happen in the near future. There’s quite a bit of work happening around that,” he says.

“AEEI has five portfolios: food and fishing; technology, health and beauty, biotherapeutics, events and tourism, and its strategic investments. “Over the past 15 years we’ve built up the IT division, mainly around software services in hospitals and national laboratories. That business has already mushroomed and is going to expand a lot more – we’re going on a serious acquisition drive over the next year.

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Published 29 October 2017, by Francesca Villette

Running a successful business means you have to be a step ahead of everyone, all the time. You’ll be up against many people – and it won’t be easy.

Running a successful business means making mistakes, but learning from them. Key in the game of success versus defeat is getting education, gaining experience and how to execute for success.

This is the advice of one of the most successful businessmen in the country – group chief executive of African Equity Empowerment Investments Limited (AEEI), and multi-award-winning businessman Khalid Abdulla.

He has been with the AEEI Group since 1999 and has served as the CEO of various subsidiaries, including the information technology businesses, and as Group CFO in 2007 before being appointed Group CEO in November 2009.

Abdulla’s list of awards for this year already include:

– Business Leader of the Year – Southern Africa 2017 award at the 7th All Africa Business Leaders Awards in partnership with CNBC Africa.

– SA’s Future Maker – Driver for Change Award 2017 at the Inaugural Vision 2030 Awards.

– South Africa’s Most Empowered Business Leader of the Year 2017 at The Oliver Empowerment Awards.

– Being recognised as a Most Empowered Company by Empowerdex over the years since its inception.

– Top CEO Africa Award for South Africa – by the CEO Today Africa Awards magazine.

He was a finalist in the 2015 Oliver Empowerment Awards – Top Male Leader of the Year; and has been ranked among the 10 best executives of 2015 by the Financial Mail.

Abdulla was also the recipient of the Black Business Executive Circle (BBEC)/Absa Bank Kaelo Awards in 2010 for leadership, Kaelo meaning “nurturing or mentoring” others.

“Every career has tools for success. If you want to be a professional sportsman, you have to practise to perfect your technique. If you want to go into business you have to have the right tools and education is key.

“You have to get your matric first, and then decide whether you want to go to university or Technicon.

“To be in business today means you’ll be up against a lot of competition; it’s not easy. You have to make sure you are a step ahead of everyone else.”

Abdulla was first exposed to industry by his father, who was an entrepreneur. He grew up in Harfield Village and his dad, Sharfoodin Abdulla, had a corner shop, and a music and movie house.

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Published 27 October 2017, by an ANA Reporter

CAPE TOWN –  The African News Agency (ANA) on Friday announced the launch of its new public-facing ANA News Wire as the single most comprehensive platform for African news to inform, enlighten and connect the continent and the rest of the world.

The new ANA News Wire was revealed at the 2017 African Summit on Entrepreneurship and Innovation (ASENTI) in Kampala, Uganda, on Friday.

The new ANA News Wire website can be found at http://africannewsagency.com.

ANA Chief Executive officer (CEO) Grant Fredericks said that the “ANA News Wire is committed to telling our continent’s story with accuracy and balance, while providing the African perspective”.

“We will forge alliances with the strongest African news organisations and build a united African media powerhouse.”

ANA, Africa’s first news syndication service, descended from the now defunct South African Press Association (SAPA), and since launch in March 2015 has fast established itself as Africa’s leading news platform.

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Published 24 October 2017, by Liam Karabo Joyce

After an exciting round of public voting that generated over ten thousand votes, organiser of the third annual espYoungLegends online talent search, espAfrika, has just announced the top 5 finalists.

The winner from the top 5, who will be selected by the public, will perform at the 19th annual Cape Town International Jazz Festival ( CTIJF) in March next year.

The espYoungLegends is a unique online competition that takes place annually. The goal of the competition is to search for the next unsigned jazz-inspired band to perform at the CTIJF.

The band should have outstanding talent and have 2 to 6 members.

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Published 24 October 2017, by Zeenat Vallie

CAPE TOWN – African Equity Empowerment Investment’s subsidiary, Premier Fishing and Brands Limited has today released their audited financial results for the year ended August 31, 2017. The distinguished food and fishing group revealed new acquisitions as well as overall company growth.

The vertically integrated fishing group has ticked all the right boxes during their 2017 financial year. A meagre 8 months after listing on the JSE, the Premier Foods announced that its year on year profit after tax increased by 31% from R52 million to R68 million.

“I am pleased at the results for this financial year and I wish to congratulate the Premier team on the efficiency as well as maintaining their focus on growth, development and sustainability. The growth plans for the fishing Group is taking place in earnest as expected and we look forward to the output and growth that this will generate in the future”, said Group CEO of majority shareholder, African Equity Empowerment Investments Limited (AEEI) and Deputy Chairman of Premier, Khalid Abdulla.

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