Standard Bank KZN Top Business Family Owned / Managed Business Award 2024 – The winner is Royal Tyres

This award is given to a business where the majority ownership/management remains within a family (or multi-family) structure, and where more than one generation contributes to the success of the business.

L-R: Imraan Noorbhai, Head of Personal and Private Banking KZN at Standard Bank; Pranav Patel, Akshay Patel, Jasmeena Shiba, and Nayan Shiba – Royal Tyres’ Directors with Grant Adlam CEO, KZN Top Business

The finalists are:

• Royal Tyres

• Steelco and MBM Roofing

• Dromex

Royal Tyres

Royal Tyres is a family-owned business, that has weathered economic fluctuations, market changes, and industry challenges for over 85 years, all while maintaining their core family values and commitment to excellence, which are part of their corporate culture.

Steelco and MBM Roofing

Steelco and MBM Roofing, are led by two generations of the Eglington family: Michael Eglington as CEO and his son, Matthew Eglington, as managing director. Their combined leadership ensures continuity, stability, and a unified vision that drives the companies forward.

Dromex

Founded in 1998, Dromex is a family-owned business that from humble beginnings has grown into Africa’s leading manufacturer and distributor of work wear and personal protective equipment, now operating from a 25 000m2, state of the art distribution facility.