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INSIDE:An interview with JANNIE MOUTON - redefining global benchmarks

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CONTENTSUPFRONTContributors 4

Publisher’s letter 5

Featured clients 6

Editor’s letter 7

SECTOR OVERVIEWSPRIMARY Oil and Gas 26

SECONDARY

Construction 58

TERTIARY

Tourism 66

Business solutions 70

Banking 86

Property 90

Public sector 130

Education 136

KEY FEATURESLet us build a nation of entrepreneurs by Minister of Small Business Development,

Lindiwe Zulu 10

Interview with Jannie Mouton: Of Capitec, Curro and ice cream 14

Weathering global storms by Minister of Trade and Industry, Rob Davies 22

Interview with Minister of COGTA, David van Rooyen 28

5 rising stars - inspiring South Africans 74

MBOISA in the eye of the beholder: Design Indaba 2016 121

EDITORIALThe state of our nation 51

The importance of SMMEs to the SA economy 94

An overview of South African cities and provinces 100

South African cities: where our future lies 104

Unpacking investment 112

Celebrating with the best in business at the National Business Awards 143

14

22

94

2 Top Performing 15th Edition

165

CREDITS

DISCLAIMER All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written consent of Top Media & Communications (Pty) Ltd T/A Topco Media Reg. No. 2011/105655/07. While every care has been taken when compiling this publication, the publishers, editor and contributors accept no responsibility for any consequences arising from any errors or emissions.

ISBN: 9780620524063

TOP MEDIA & COMMUNICATIONS CEO

Ralf Fletcher

EDITORIAL DIRECTOR Ryland Fisher

G ROUP EDITOR

Fiona Wakelin

COUNTRY MANAGER: ZAMBIA Judy Twaambo-Chileshe

HEAD OF BRAND Nadia Maritz

BUSINESS DEVELOPMENT MANAGERS Brenda Liebenberg Sibulelo Tshanyelo Stanley Mwango Babalwa Mkobeni

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HEAD OFFICE

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CREATIVE DIRECTOR Michelle Rademeyer

ASSISTANT EDITORS Jocelyn Stiebel Edwain Steenkamp

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RESEARCH MANAGER Sandra Bock

RESEARCHERS Majdah Rogers Sufyaan Banderker Kelly Bredeveldt Nazreen Harris

DISTRIBUTION & SUBSCRIPTIONS Ingrid Johnstone [email protected]

PHOTOG RAPHER Marnus Meyer

MAKE-UP ARTIST Ashleigh Wainstein

PROOF READER Pat Hanekom

PRINTERS Paarl Media

IMAGES ©shutterstock®

LIFESTYLERestaurant 165

Accommodation 168

Conferencing 170

Tech toys 172

Cars 174

SOUTH AFRICA’S TOP PERFORMING COMPANIES Research criteria 32

SECTOR LISTING

Primary 33

Secondary 35

Tertiary 43

168 170Top Performing 15th Edition 3

165

22 2810Charlton Mouton Vanessa Wallace Lee-Ann Bruce

CONTRIBUTORSROB DAVIES

Minister

Rob Davies is the Minister of Trade and Industry. He was a member of the South African Ministerial Delegation to the World Trade Organisation in Cancun in 2003 and Hong Kong in 2005. He holds a doctorate in Political Science from the University of Sussex; and a Masters in International Relations from the University of Southampton.

GEOFFREY BICKFORD

Researcher

Geoffrey Bickford is a researcher at the South African Cities Network, responsible for the transport portfolio, focusing on public transport research within the built environment theme, including issues around land, housing and finance.

LINDIWE ZULU

Minister

Lindiwe Zulu is the Minister of Small Business Development. She returned from exile in 1992, having lived in Tanzania, Uganda and Angola. In 2004 Zulu became the South African Ambassador to Brazil; in 2007 she was elected to the ANC national executive committee and in 2009 was elected to Parliament. She holds a Masters degree in Arts.

STEPHEN TIMM

Journalist

Stephen Timm is a South African journalist and researcher who has been writing about small business and entrepreneurship in South Africa, as well as other developing nations, since 2003. He is also the founder of Small Business Insight – a research and policy consultancy for small business programmes and policies in emerging economies.

DUDU MSOMI

CEO

Dudu Msomi is the founder and CEO of Busara Leadership Partners, a research-orientated strategic advisory service and consulting company. Msomi is a strategist, leadership expert and business mentor and has a BA Hons; postgraduate diploma from AAA School of Advertising; postgraduate diploma in Corporate Governance (RAU); Programme for Management Development and a Masters in Business Administration (both GIBS).

ALEX NAGEL

Journalist

Alexander Nagel graduated from the University of Cape Town with triple major in political science, English and media & writing. She is pursuing English to a postgraduate level. She has served as the Editor-in-Chief of VARSITY Newspaper and Sax Appeal magazine.

MATTHEW ROZOWSKY Investment analyst

Matthew Rozowsky is an investment analyst at BACCI Asset Management. Prior to this, he worked for three years as a corporate finance executive and has recently completed his CFA Level II examination. He has experience as a corporate finance executive and was involved in services catering to both public and private companies.

Minister Lindiwe Zulu writes on the vital contribution of entrepreneurs to the South African economy in her article “Let us build a nation of entrepreneurs”.

Minister Rob Davies speaks about the importance of the government’s 9-Point Plan in his article on “Weathering the global storms”.


Given these current economic conditions, it would be prudent

for us to remember the famous proverb and song lyrics from the

80s: “when the going gets tough, the tough get going”, which

has the motivational ring South Africa needs. However, money

often runs for cover as soon as it is threatened; so a little more

imagination and strategy than merely “getting tough” is required

in such challenging times.

One school of thought to persevere in a slower market

advocates for company cost cutting. If cost cuts will result in

improved service to customers, then clearly they must be made

with some urgency. However, it is unlikely that this alone will

provide the required silver bullet.

Top performing companies are so because their culture makes

them more likely to look at increasing their efficiency constantly.

That in itself opens the door to a multitude of benefits over and

above the obvious advantage of achieving more with the current

budget.

One can make an analogy between top performing companies

and top performing athletes in the sense that it’s in the nature

of both to want to constantly improve their performance. An

athlete’s key goals could also be applied to top performing

companies: fitness, strength, motivation, game planning,

benchmarking, targets and appropriate equipment linked to

outputs. Cost reduction didn’t make the cut, excuse the bad

pun.

Perhaps – and most importantly – the exercise of focusing on the

positive components mentioned above is, in itself, a guaranteed

way to generate the new ideas that will enable a company to

retain and possibly improve its top performing status.

Many products and services are geared to the requirements of

a booming or at least expanding market. Clearly, in a tighter

market the scope should be, if possible, to tailor the company’s

product appropriately. Product and service costs and prices can

pave the way for new opportunities with a little creativity. As one

door closes, another opens.

And of course, the need for flexibility is not just for an athlete.

This 2016 edition of Top Performing Companies and Public Sector celebrates those who have not only managed to stay in the race,

but have achieved remarkable results in a tough environment.

We at Topco offer you our congratulations.

Ralf Fletcher

Topco CEO

P U B L I S H E R ’ S L E T T E R

Top Performing 15th Edition 5

WHAT DO ATHLETES AND BUSINESSES HAVE IN COMMON?

AABSA 78Alexander Forbes 30

Aspen Pharmacare Holdings 92

Air Traffic Navigation Services 64

B Billion Group 120

CCommission for Conciliation, Mediation and

Arbitration 127

City of Joburg 109

Corex 72

Cricket South Africa 176

Cross Atlantic Properties 108

DDHL 102

Drake & Scull 76

EEdwin Construction 57,60

Effectiveness Company 82

Ekurhuleni Artisans & Skills Training Centre 134

FFirst Group 68Flight Centre 54

Fusion Guarantees 118

GGoIndustry DovBid 63

IINTEC 138

IQ Business Group 98

LLeeu Transport 20

Liberty 88

MMERSETA 140

Motorite 110

NNational Youth Development Agency 80

NECSA 34

P Petro SA Back cover

RRichards Bay IDZ 39

SSouthern African Music Rights Organisation 142

Statistics SA 132

TTumi IFC

U UMSO Construction 62

WWoodford Car Hire 8

Woolworths 63

FEATURED CLIENTS


Winter is coming: days are shortening and mornings are chilly.

We are starting to dress in layers that get peeled off by midday

and then piled back on as the sun sets. This onset of autumnal

coolness comes as a particular relief because we have

weathered one of the worst El Niños in 50 years; it has caused

intense drought in southern Africa – and has already had a

devastating impact on the region’s food security.

According to a report issued by the UN Food and Agriculture

Organisation (FAO), the rainfall season over large parts of our

country, Zimbabwe, Malawi, Zambia, Mozambique, Botswana

and Madagascar has so far been the driest in the last 35 years.

Five out of South Africa’s nine provinces were declared disaster

zones with the drought costing South African farmers an

estimated US$600-million in lost crops. In his February 2016

budget speech, Finance Minister Pravin Gordhan announced

that for the next three years R1.1-billion has been reprioritised

by the state to tackle the drought through interventions such as

drilling boreholes and distributing animal feed.

Whilst El Niños are not annual occurrences, climate change

– characterised by extreme weather events – is here to stay

and farmers across the globe will have to fundamentally adjust

to the concomitant lack of certainty, with the fourth industrial

wave of technology playing a crucial role in forecasting and

early warning systems.

The drought, falling commodity prices and a slowing global

economy has meant that survival and success have required

businesses to be agile, focused and comfortable with

constant change. True entrepreneurs see these challenges

as opportunities, and for this edition of Top Performing I

had the pleasure of meeting one of our inspirational iconic

entrepreneurs, Jannie Mouton, whose interview appears on

page 14. We also take a look at the importance of the metros

and small businesses, celebrate five of South Africa’s rising

stars making waves across the world, as well as feature the 10

most beautiful objects in South Africa. Ministers Rob Davies,

Lindiwe Zulu and David van Rooyen speak about the economy,

and in our lifestyle section we celebrate the best South Africa

has to offer.

We hope you enjoy the read as much as we look forward to the

continued celebration of South Africa’s top performers.

Wishing you an extraordinary 2016.

Fiona Wakelin

E D I TO R ’ S L E T T E R


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LET US BUILD A NATION OF ENTREPRENEURSI t must t rouble our col lect ive conscience as a nat ion that , twenty years s ince our f reedom, the t r ip le chal lenge of pover ty, unemployment and inequal i ty s t i l l bears a face which i s largely female, b lack and rura l . I t must worr y a l l o f us – inc luding the pr ivate sector – and move the countr y into col lect ive radical act ion to t ransform our economy so that i t responds to the needs of the masses of our people, especia l ly women. Anyth ing less i s an inv i tat ion to pol i t ical and socia l ins tabi l i ty.

BY LINDIWE ZULU MINISTER OF SMALL BUSINESS DEVELOPMENT

SOUTH AFRICAN UNEMPLOYMENT RATE

F E AT U R E / L E T U S B U I L D A N AT I O N O F E N T R E P R E N E U R S


Our performance in relation to sub-Saharan Africa (our neighbouring countries) is also troubling. In its latest World Employment and Social Outlook report, published in January 2015, the ILO says youth unemployment in the region is 11.8%. Using the ILO’s categorisation of youth as people between the ages of 15 and 24, the equivalent youth unemployment rate in South Africa is 52%. That’s more than four times the figure for sub-Saharan Africa. If South Africa wants to effectively address its unemployment crisis, and grow its economy, focused attention must be paid to the Small, Micro and Medium Enterprises (SMME) sector. SMME development is key to addressing the three most prominent

challenges that face our country, namely poverty, inequality and unemployment. SMMEs play a critical role in job creation, the transformation of our country and development of our economy. According to the Finscope Survey, 90% of jobs created between 1998 and 2005 were SMMEs. Despite this, the Total Early-Stage Entrepreneurial activity (TEA) rates in South Africa are about half of what they are in other similar developing countries on our continent and overseas. Net new employment is not typically created on a significant scale in existing large scale enterprises. This is usually the preserve of newly established small, micro and medium enterprises and is the reason why we are encouraging young people to create their own small enterprises – so that they can create jobs, develop our economy and transform our country to deliver a better life for all. There are other advantages as well when young people create their own small enterprises. These include:

• Deracialisation of economic ownership in the long-term• Increased competition and lower prices for our people• Improved services (because we can choose from many different

businesses and service providers)• Improved quality (because people will look at innovative and

more creative ways of doing things)• Real Broad Based Black Economic Empowerment from the

bottom up (the people in our communities will grow their own businesses instead of supporting a few large businesses)

Young entrepreneurs are vital to a healthy economy. They look for unmet needs in society and then try to fill them with new products or services. They take risks without any certainty of reward and introduce new technologies. They try things that others might consider impossible and, occasionally, these result in unimagineable successes. In difficult economic times entrepreneurs help in multiple ways by creating jobs and finding unique and creative ways to provide

26.5

26

25.5

25

24.5

24

26.5

26

25.5

25

24.5

24

SOURCE: STATISTICS SOUTH AFRICA

PER

CEN

TAG

ES

PER

CEN

TAG

ES

Jan 2013 Jul 2013 Jan 2014 Jun 2014 Jan 2015 Jul 2015 Jan 2016


society with the goods and services it needs. It is hard work, and many new endeavours fail, but the contribution of entrepreneurs to a productive economy cannot be overstated. Our economy needs young entrepreneurs, but what do young entrepreneurs need? This is the primary question that my Ministry was established to answer. The deliberate focus of our interventions is on women, youth and people with disabilities. Through our programmes, we will work with young entrepreneurs to:

• Improve the quality of products• Assist local suppliers to expand production capacity (existing and

potential)• Assist suppliers to reduce input costs• Provide a route to market deserving products (locally and

internationally)• Establish and build long-term, effective supplier partnerships• Address issues relating to competitiveness, training and

development, access to finance, business skill development, commercialisation, market access, and advance localisation

As South Africans, we remain concerned that small businesses have an exceedingly high failure rate, and the majority of the casualties are black and women-owned. Since different small businesses have different needs, government’s policy intervention takes this diversity into account. For example, the Youth Business Development Support programme is a cost-sharing grant which will be offered to young black-owned small enterprises to assist them in improving their competitiveness and sustainability. This programme will be finalised

soon. We will link it to other initiatives of the Department so that our young people do not get rejected at commercial banks because they do not have collateral/security to get funding. Our Shared Economic Infrastructure Facility programme encourages public sector partnership for the establishment and improvement of shared-economic facility infrastructure to support businesses with the intention of improving access, creating local economic benefits and optimising performance of businesses operating in those facilities. The intention of the programme is to leverage public sector investment that would provide necessary infrastructure by creating an enabling environment for businesses to crowd-in investment mostly in townships, rural areas and inner city environments where there is clear business activity taking place. The programme is a 50:50 cost-sharing grant made available on a reimbursable basis where my Department makes a contribution of 50% towards qualifying infrastructure projects upon the completion of agreed project milestones. The programme is capped at a maximum grant of R5-million (vat inclusive) per qualifying applicant.

Together, we must work towards building a culture of entrepreneurship in the country. We must consciously strive to build a nation of entrepreneurs and not a nation of job-seekers. We are painfully aware that fostering a culture of entrepreneurship is not something that blossoms over a short period of time. It takes a long time to develop and flourish. In other words, if we create awareness today about entrepreneurship as well as train others to start a business venture, it does not mean all of these people will start – and run – successful enterprises tomorrow. All of us must contribute to the task of building a nation of entrepreneurs.

“I URGE PLAYERS IN INDUSTRY, ACADEMIA AND CIVIL SOCIETY TO JOIN HANDS WITH US IN LOCAL PARTNERSHIPS TO UNLEASH A YOUTH ENTREPRENEURSHIP REVOLUTION”


Whilst being mindful that not every person is destined to become an entrepreneur, we must pursue an aggressive entrepreneurship drive and create an enabling environment that will make it easy for South Africans, particularly the youth, to start and sustain their businesses. Together, we have a responsibility to help reignite the spirit of entrepreneurship that was so cruelly exterminated by apartheid, but which refused to completely surrender as pockets of excellence remained in the form of many township and village entrepreneurs. I urge players in industry, academia and civil society to join hands with us in local partnerships to unleash a youth entrepreneurship revolution. Together, we can promote and advance youth entrepreneurship capacity development. The call to action is for all of us to work hard to inculcate a culture of youth entrepreneurship in the country. In the spirit of vuk’uzenzele, our young people must seize the economic opportunities presented by our democracy and freedom to build and grow businesses. We must promote entrepreneurship as a viable career path. Starting a business is not something you do just because you have run out of options and you find yourself unemployed. Becoming an enterpreneur must be a conscious and viable decision.

Entrepreneurship is not an easy route for most young people starting out, as experience is generally needed to succeed in business. Moreover, the past dramatically reduced the culture of entrepreneurship, meaning that many young Africans are unlikely to have grown up in households with business people who would have shaped their understanding of market opportunities, their access to networks and expertise. Given the current state of youth unemployment, the question is not whether we should encourage young people to look in the direction of entrepreneurship, but rather, can we afford not to? We see small businesses and co-operatives as critical to creating an economy that benefits all. It is through this intervention that we will be able to defeat the triple challenges of poverty, unemployment and inequality. It is this partnership that holds the key to unlock our country’s economic potential, thus affording us a golden opportunity to launch a sustained onslaught on poverty, unemployment, inequality and underdevelopment. Indeed, all of us must accept that we carry joint responsibility to redistribute the wealth of our nation. I call on all our people to seize opportunities created by the 1994 democratic breakthrough to build businesses that will create a better life for themselves and their fellow citizens.

F E AT U R E / L E T U S B U I L D A N AT I O N O F E N T R E P R E N E U R S

BY FIONA WAKELIN

OF CAPITEC, CURRO AND ICE CREAMAN INTERVIEW WITH JANNIE MOUTON – FOUNDER OF PSG

F E AT U R E / I N T E RV I E W / JA N N I E M O U TO N


It was 33° and counting as I drove from Cape Town to Stellenbosch to interview the iconic Jannie Mouton. The acrid smell of smoke – which, sadly, has become as synonymous as the South-Easter with summer in the city – seeped its way into the car. A tip for anyone who is not a resident in this charming university town – the names of streets are hidden at pavement level and there has been a system of one-way roads implemented expressly designed to give any self-respecting GPS heart failure. Luckily I have been through Stellenbosch a couple of times, so had built in sufficient cushion time to arrive a few minutes early.

The first thing that strikes you about the JSE-listed PSG offices is that the people who work there are helpful, happy and efficient. Even before arriving, Jannie’s PA had been a real pleasure to work with, and proved even more so in person. “Family and friends” was a theme that ran through the interview – and you immediately feel that the PSG staff is part of an extended family.

2016 marks the 21st anniversary of PSG (a leading financial services group) - and the 70th birthday of its non-executive chairman who, together with trusted friends and family, has grown PSG’s market capitalisation to a high of over R60-billion, with a compound annual growth rate of over 50% a year to shareholders. Just to put this in perspective an investment of R100 000 in PSG when it started out in 1995 would be worth approximately R390-million today if you re-invested all dividends. No other company in the world matches this. The phenomenal growth rate had William Thorndike, author of The Outsiders: Eight unconventional CEOs and their radically rational blueprint for success travel from America to meet Jannie and present him with a signed copy of his book.

PSG’s main investments are in Capitec, Curro Holdings, PSG Konsult and Zeder – with the 31% interest in Capitec constituting roughly 40% of the value of its investment portfolio. Listing in 2002 with a value of under a rand, Capitec’s individual shares are now worth R531, equating to a compound annual growth rate of approximately 56%. Incredible growth in 14 years!

Capitec is a major determinant of PSG’s

value and remains highly profitable with

earning returns well in excess of the

average of its established counterparts.

Its main business is biased towards

unsecured lending where net interest

margins are higher and prospects are

boosted by the continued growth of its

transactional banking services – which is

assisting with the cost of funding and cost

recovery. The concept behind Capitec

had been inspired by the Grameen bank

and its founder Muhammed Yunus who

understood that “women are better

lenders than men”. Initially PSG bought

300 micro lenders and Jannie had to

weather the storm of being considered an

“uber loan shark” for a while.

As soon as he heard I had arrived,

Jannie came through, shook my hand

and we went through to his office for

the interview, which soon became an

enjoyable conversation not least because

of the man himself, relaxed, courteous,

interested and interesting , with a wry

self-deprecating sense of humour.

Lining his office are roughly 240

books, many of which he has read and

summarised. After his now infamous

firing in 1995 from the company he had

started – Senekal, Mouton & Kitshoff

– Jannie spent the ensuing months

reading, reflecting and conducting his

own personal SWOT analysis. After much

deliberation, having finally completed the

SWOT analysis, he showed it to his late

wife Dana, and she said, “But Jannie for

someone who has been fired, there are far

too many Ss…”

So what is he currently reading?

• Capital in the 21st Century by French

economist Thomas Piketty – focussing

on wealth and income inequality in

Europe and the United States since the

18th century

• Reading between the (head) lines

by Piet Naudé – a collection of this

winning journalist’s weekly columns,

published over a nine-year period in

The Herald

and

• Warren Buffet (Jannie has been dubbed

Boere Buffet by MoneyWeb)

Whilst at home he curates a collection of

irreplaceable original Africana works.

Two days before this year’s SONA,

President Zuma met in Cape Town with

leading investors and major companies

to discuss ways in which government and

the business sector could work together

to bring about the growth of the economy

and to create jobs.

The President sat at the head of the table,

on his left was Minister of Trade and

Industry, Rob Davies and on his right were

Finance Minister, Pravin Gordhan and

Economic Development Minister, Ebrahim

Patel. Among the prominent executives

present were Jannie Mouton, Investec

CEO Stephen Koseff, Sanlam CEO Ian

Kirk and Shoprite Chairperson Christo

Wiese.

I asked Jannie for his first-hand take on

this crucial discussion:

“South Africa is a great country and we

need to work together. At that meeting

I told the President that we could offer

15 CEOs from the private sector to work

with state departments, state owned

enterprises, parastatals and agencies

to help with management, systems and

strategy.

“Business and government must combine

forces. We must utilise our combined

efforts to make South Africa fulfil its

potential. For instance, somebody from

Capitec could join the Reserve Bank on

the Board.

“We have fantastic people in corporate

governance. They could assist, not by

running things but in more of an advisory

capacity. I want to emphasise that South

Africa is a great country – and I am not

going anywhere. I can tell you why I’m

saying that:

1. We started a business here

2. This is my home

3. This is where my family and friends

are.

“In South Africa there are many

opportunities. I often say to people ‘We

would have had no chance of starting a

Capitec in Europe or America. It’s been

done there. There was no chance of us

starting a Curro in the western world

because we have particular education

needs here. There are unbelievable

opportunities in this country.”

0

28,90%

46,36%

16,20%

62.98%

CAPTEC % GROWTH

2008/2009 2009/2010 2010/2011 2011/2012 2012/2013

0

0.288956127

0.463615023

0.161988773

0.629802622

CAPITEC % GROWTH

2008/2009 2009/2010 2010/2011 2011/2012 2012/2013


“PSG is a ‘new South Africa’ company

because we started in November ’95. We

are part of the new South Africa”


“And it is true, PSG is a ‘new South Africa’

company because we started in November

1995. We are a part of the new South Africa.”

I asked him to elaborate on the remarkable

success stories of Capitec and Curro:

“Capitec is an exceptional success story

which has been internationally researched,

and the inspiration behind Capitec, the

honour, must go to Michiel le Roux. He’s a

genius.”

Michiel is the Chairman of Capitec Bank

Holdings Limited. He is the founder of the

Group and was Chief Executive Officer of

the bank until 2004. He is a Director of Zeder

Investments and was a Managing Director

of Distillers Corporation from 1979 to 1993,

and from 1995 to 1998. Michiel also was

a Managing Director of Boland PKS, NBS

Boland and BoE Bank.

“If you have a dream and

the know-how and the will to do something,

nobody will keep you down”


What are Jannie’s 6 tips for aspiring business people – what are his secrets to success?

1. Focus on opportunities

instead of lying awake

worrying about threats

2. Surround yourself with the

best people and give them a

share in the company so you

work together

3. Honest, transparent,

understandable financial

reporting every month

4. Ensure good relationships with

loyal shareholders and the

banking industry

5. Never use the word “I” – use

the word ‘we”

6. Give something back

Where is his favourite place?Home

How does he relax?

Sudoku

If he could invite 5 people over to dinner – anyone from the past or present – who would they be?

• My late father – Jan

• My late mother – Juliana

• My late sister – Santie

• My late wife – Dana

• My wife Deidré – she would do

the catering.

And last but by no means least – what is his favourite dessert?

Ice cream – chocolate and vanilla

win hands down – so much so

that Jannie bought his wife an ice

cream maker for her birthday.

“South Africa is a great country and we need to

work together”


According to the 2015 Chief Financial

Officer’s report, currently Capitec maintains

over 668 retail branches nationwide, has

3418 own- or partnership- ATMs and has

over 6.2 million customers. According to

the annual results for the 2015 financial

year, the asset base of Capitec Bank was in

excess of R53.9 billion, with R11.6 billion in

equity. Retail savings deposits increased by

32 percent for the year to R19.3-billion and

retail fixed savings increased by 19 percent

to R10.7-billion for the year. Earnings and

headline earnings for the 2015 financial year

amounted to R2.547 billion compared to

R2.017 billion in 2014, and net transaction

fee income amounted to R2.6 billion.

In July 2009, PSG bought an initial 50%

stake in unlisted Curro, the private school

venture for R50-million. A year later, PSG

bought another 26% for R52-million giving

Curro Holdings a value of R200-million. Now

worth R12-billion it has generated enormous

value very quickly.

With these kind of figures I began to wonder

if the man sitting opposite me on the couch,

smoking an occasional cigarette, relaxed in

jeans, maybe had a lycra suit underneath

with an ‘S’ emblazoned on his chest.

Jannie’s three children are integral to his

business – and his happiness. Piet is CEO

of PSG, Jan is in Fund Management and

his son-in-law Alex is currently with Energy

Partners – which, Jannie says, is going to

be “a hell of a successful company”. Like

her father, Charite is also involved in the

education sector and has ‘adopted a school’

through Partners for Possibility, an NPO/

PBO offering a co-action, co-learning

partnership between school principals and

business leaders, enabling social cohesion

through partnerships, and empowering

principals to become change leaders in their

schools and communities.

It is an interesting reflection of Jannie’s

emotional intelligence that a number of old

SMK colleagues have been with PSG for

many years now.

These are tough times economically here,

and around the world – I asked Jannie for

his advice to those who are starting out or

struggling.

“If you have a dream and the know-how

and the will to do something, nobody will

keep you down. You just have to think of the

opportunity. You must analyse it because

it’s not so easy to start a company. You

can open your doors but you may not have

a client. Sometimes you have to work for

someone else first, join an existing company

– I did my articles at PwC, then called

Coopers Brothers. And I always advise

young people, that the approach should

not be ‘what are you going to pay me and

what are the working hours?’. Just ask

them to give you a chance. If your attitude

is like that the employer will immediately be

positive. Then take the opportunity and work

hard. As I said, I worked for somebody first

before I started something on my own.

You have to keep your dreams going but

also focus on what you can accomplish

now.”


Leeu Transport CC is an entirely black-

owned emerging road transportation

company that firmly believes in continuous

innovative solutions in all aspects of

road transportation in achieving service

excellence. Leeu Transport delivers the

highest level of quality service, as it is key

to their customers’ optimal satisfaction –

this forms the foundation of the company’s

philosophy.

The company consistently strives to

understand industry dynamics and specific

circumstances of each company serviced

in order to provide long-lasting, meaningful

and appropriate road freight solutions.

BETWEENSOUTH AFRICAN BORDERSLeeu Transport CC ensures safe transportation of structural steel to most of Southern Africa.

VISIONTo become one of the leading road transportation companies in southern Africa

MISSIONTo offer innovative, efficient, flexible and highly professional and competitive road

transportation solutions through:

• Ensuring clients’ needs are a company priority

• Timeous deliveries and excellent cargo management

• High level of staff competence and commitment

• Strict compliance with professional standards


A DV E R TO R I A L / L E E U T R A N S P O R T

Contact Details:

Tel: (+27) 11 901 6088

Fax: (+27) 86 667 0295

Email: [email protected] & [email protected]

Address: Plot 16 Northern Road, Cnr Lorna Street, Mapleton AH, Boksburg

CEO: Andries Ndlebe

Director: Nomvula Mngomezulu

Director: Sibongile Ndlebe

Office Manager: Jan Ndhlebe

“Leeu Transport delivers the highest level of quality service, as it is key to their customers’ optimal satisfaction – this forms the foundation of the company’s philosophy.”

Leeu Transport CC delivers flexible and customised

services ranging from short to long distance haulage

to and from any destination within the South African

borders; logistics and distribution solutions consisting

of end-to-end supply chain management solutions

from supplier to end-user and day to day loading and

distribution of cargo, as per client’s direction.

Projects can be handled either on an ad hoc basis or on

contract – the company is geared towards providing an

individual answer to all distribution requirements. Should

the client choose to enter into a business contract, Leeu

Transport CC will conduct a feasibility study and offer an

appropriate solution, or manage only certain components

of the plan, as directed by the client.

Leeu Transport is proud to be in business with:

• S.M.E.I Projects Pty (Ltd)

• Macsteel Tube & Pipe

• Concor Engineering

• Cosira Group

• Trident Steel

• Lubombo Engineering

• Befeng Engineering

• Rubber 2 Metal

• Pronto Engineering

• Concor Roads and Civils (Murray & Roberts Construction)

• Mineco Engineering

• Maristeel Engineering

• Trentbrigde Engineering and Fabrication

• A.Leita

• Genrec

• Steff

• Saxon Engineering

• Stefanutti Stocks

RSA: R195.00 ( incl . VAT)

INSIDE:An interview with JANNIE MOUTON - redefining global benchmarks

top performing 15th edition

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