The first of September marks the beginning of spring, which is a season synonymous with renewal, making it an ideal time to refresh your goals, re-evaluate projects, and explore new avenues for growth. Whether it’s launching new products, reconnecting with clients, or fostering creativity within your teams, this season offers the chance to plant the seeds for future success.
However, we also take the opportunity to celebrate current successes. This edition of Business Sense features Jay Patel the CEO of Royal Tyres, who has had a long career as head of the thriving family business.
In addition, Royal Tyres were the winner in the family category of the recent Standard Bank KZN Top Business Awards. See page 3. This edition of Business Sense also includes the Awards supplement, which features all the category finalists and winners, to who we send our congratulations for your recognition.
Furthermore, we take this opportunity to invite family owned and managed businesses to attend KPMG Private Enterprise’s 10th national family business conference which will be held on 13 September 2024. This year the event will be done in conjunction with KZN Top Business and Cox Yeats Attorneys. See page 9.
Another annual initiative underway is KZN Top Business Women powered by Morar Incorporated and supported by DRG, BusinessFit SA and Radisson Blu Hotel Durban Umhlanga. This event recognises some of the amazing women in our province. Learn how to nominate a worthy woman on page 8.
EThekwini Municipality is showing many signs of success and has been nominated for several awards – see below and send in your vote. In this vein, Russell Curtis of Invest Durban reflects on his vision of further growth and opportunity for Durban’s future. See page 6.
Othe regular features include:
Johan van Deventer, LabourNet who advises on the use of fixed- term contracts especially focussing on their termination: Do they really end? Page 4
Marlene Powell, ActionCOACH, advises businessowners on: The urgent need for a growth mindset. A growth mindset sees challenges as opportunities for development, while a fixed mindset will bring stagnation. See page 5.
Don’t miss out on the invitation to attend the Durban Chamber of Commerce and Industry’s annual gala dinner and to nominate potential trailblazers. Page 5.
Michael Jackson, Cox Yeats Attorneys, provides insight into the strict liability of directors. Recent rulings are a reminder for directors to be careful of the consequences of their actions See page 7.
Sameer Kumandan, SearchWorks, suggests that companies consider automating FICA compliance especially as this has become a matter of national importance. See page 10.
The Toyota South Africa Educational Trust Initiative provides much opportunity. TWIMS offers specialised programmes and world-class facilities to foster value creation and societal transformation. See page 11.
Having a coach is special says Jacquie Bhana. And try out the quiz to check your understanding of what coaching is about. See page 12.
Sky Tents has the correct tent for every event and can manufacture bespoke tents to meet your event’s needs. See page 14.
Colette Tanner asks, “Are your employees disengaged?” We often hear that a company is only as good as its people so what action can employers take to avoid this scenario? See page 16.
Many of the articles are a call to action. As such apart from being spring, the final four months of the year are great time to make everyday count to shape a successful finish to 2024.
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