FAIRLADY magazine once again lived up to its tagline – the smart read for smart women – with the announcement of the winners of the annual FAIRLADY Women of the Future Awards, in partnership with short-term insurer Santam, at an exclusive VIP luncheon at Summer Place in Hyde Park.
The two inspiring winners were selected from an incredible shortlist of finalists by a respected panel of successful business-minded and well-known South African judges, including Santam Executive Head of People & Transformation Jeanett Modise; Advocate Thuli Madonsela; media entrepreneur & international speaker Jo-Ann Strauss; jewellery designer and businesswoman Kirsten Goss and FAIRLADY editor Suzy Brokensha.
Tiffini Wissing Hein, owner of Old School Cool, won the FAIRLADY Woman of the Future 2017 title.
Old School Cool provides safe and reliable transport with their flagship service Cool (kids) Cabs for children of swamped, over-scheduled parents. The company’s main focus is the safety of the children they transport. The vehicles are fully kitted-out with a huge number of safety features, and a team of supervisors monitors them 24/7 via on-board cameras. Old School Cool employs and empowers 40 women, and Tiffini believes her company is ‘a testament to girl power’. Her dedication and unrelenting perseverance – as well as her ability to spot the gap created by unreliable public trasnport – has been the secret to her success. In true entrepreneurial spirit, Tiffini plans to plough her prize money straight back into the business.
The FAIRLADY Rising Star 2017 Award winner is Anele Mkuzo-Magape, founder of the African Entrepreneurship Initiative. For Anele, winning the FAIRLADY Rising star award has been a massive honour, and she feels it shows young entrepreneurs ‘that there are initiatives geared to supporting them’.
The African Entrepreneurship Initiative is a consulting service that allows the youth of our country to access financial literacy and entrepreneurship education. Through several customised training programmes, tailored personal development, business coaching and mentorships, struggling entrepreneurs are able to get the support they need to succeed. Anele believes that entrepreneurs are ‘born and made’ and that gaining knowledge from your peers is vital to the entrepreneurial journey. She leads by example, and will use her prize money for a research project focusing on some of the entrepreneurs as case studies.
‘Entrepreneurship is crucial to jump-starting South Africa’s flagging economy,’ says FAIRLADY editor Suzy Brokensha. ‘We need smart, resourceful South Africans with big, brilliant ideas more than ever. The fact that South African women have the intelligence and resourcefulness that successful business launches require is brought home to me every year. I am always amazed by both the number and the calibre of entrants to our Women of the Future Awards. With women like this in our country, I know we can succeed.’
Jeanett Modise, Executive Head of People & Transformation at Santam says “Entrepreneurs create and breathe life into products and services which bring about new markets and job opportunities. They take risks in pursuit of the one thing that they are passionate about and love to do best. This competition really has demonstrated the incredible capacity South African women have for business ideas that make a difference to people’s lives.”
Guests in attendance at the luncheon today included: businesswoman Wendy Luhabe; Media and TV personality Leanne Manas; philanthropist and author Sonia Booth; TV presenter Thembisa Mdoda; Miss South Africa Demi-Leigh Nel-Peters; actress and model Jena Dover; actress and presenter radio and TV personality Leigh-Anne Williams; businesswoman and TV personality Dawn Nathan-Jones and businesswoman Wendy Luhabe.
The 2017 FAIRLADY Woman of the Future winner, Tiffini Wissing Hein, receives R50 000 in cash, a mentoring session with one of the judges, a Sisley beauty hamper worth R8 797, a Miladys fashion voucher worth R5 000, a GetSmarter local online course worth R15 000, a Michel Herbelin watch worth R10 500, business luggage from Delsey worth R5 000 and a Lenovo 2-in-1 Laptop (Wi-Fi) from Makro worth R3 999.
FAIRLADY Rising Star 2017, Anele Mkuzo-Magape, receives R20 000 in cash, a mentoring session with one of the judges, a Sisley beauty hamper worth R5 465, a Miladys fashion voucher worth R5 000, a GetSmarter local online course worth R15 000, a Michel Herbelin watch worth R10 500, business luggage from Delsey worth R5 000 and a Lenovo 2-in-1 Laptop (Wi-Fi) from Makro worth R3 999.
Read more about the winners and their awe-inspiring businesses in the latest issue of FAIRLADY magazine, on sale 21 August 2017!
Off The Beaten Track
What Tourism Month means in South Africa and how Mango Airlines is focusing on local opportunities.
This September, being Tourism Month, we have so much to talk about in South Africa, and so many people to engage with, both domestically and abroad. We are privileged to be able to leverage a broad range of destinations – arguably world-class in nature, and they expand way beyond a beautiful mountain, and an ecosystem of game.
The vast majority of leisure tourists, however, remain attracted to the Mother City and various Safari destination, while business tourists tend to stick to hub cities for short durations of time before departing again.
“There is a golden opportunity to expand on the same offerings – while not detracting from them in any way. Our responsibility is to drive tourism into new areas, really emphasising the differentiators that are incredibly attractive to local and international tourists,” said Benediction Zubane, Head of Marketing at Mango Airlines.
“Often tourists visit one of the more well-known sites in an area, and are completely unaware of the other features and destinations close by. We’re seeing a lot of success in township tourism which goes to show how diversifying can really drive new tourism opportunities,” explained Zubane.
According to Statistics South Africa survey on Tourism and Migration, nearly 3.5 million international travellers visited South Africa in August 2017. Top numbers were tourists from USA, UK, Germany, France and The Netherlands, with African visitors primarily coming from SADC countries. Zubane added, “This means there is vast opportunity to begin engaging with travellers in new countries across the globe. We need to become our own best ambassador, talking-up our famous and lesser known destinations, proudly showcases our uniqueness. We should also be tourists in our own country and start exploring the wonders of the Rainbow Nation.”
Mango is passionate about helping its SMEs and entrepreneurial community to successfully overcome the unique challenges facing the tourism industry: “There has never been a more opportune time for small businesses and entrepreneurs to benefit positively from tourism in South Africa, and we hope to celebrate alongside our SME community as they fly high – both literally and figuratively,” he concludes.
FNB Receives 50 Million US-Dollars To Accelerate SME Development
First National Bank puts their focus on SME development in South Africa.
First National Bank (FNB) has received 50 million US-dollars from the DEG – Deutsche Investitions- und Entwicklungsgesellschaft to deploy towards small and medium enterprise (SME) development in South Africa.
DEG is a development finance institution whose mission is to promote private-sector enterprises in developing and emerging-market countries as a contribution to sustainable growth and improved living conditions.
Mike Vacy-Lyle, CEO of FNB Business says: “The new line of funding contributes to our ongoing efforts to accelerate our contribution to SME development in South Africa. We believe that SMEs are key to stimulating sustainable economic growth and job creation. Our intervention in SME development is not only limited to funding, we also invest heavily to improve capacity and supplier development capabilities in small businesses.”
FNB continues to pioneer products and services that have taken the angst out of South Africa’s entrepreneurs, from providing free instant accounting services to online documents reservation services, and forming public-private partnerships to digitise the registration of businesses.
“Our message to entrepreneurs is that we remain committed to providing meaningful solutions to help them grow. We have exciting developments that will take us further in our journey, all aimed at advancing the SME agenda by taking the anguish out of doing business,” concludes Vacy-Lyle.
A Conversation With Yourself Could Change Your Life
Thami Buti is a 24-year-old South African actor. He is amongst the 46% of South Africans between 20 and 50 years, who have no savings at all. He’s probably one of 90% of people who will retire with less than 50% of their income.
Except none of this is true for Thami, because he’s had a conversation with himself – at six different ages – in Sanlam’s new educational campaign.
In Sanlam’s Conversations with Yourself campaign, Thami gets transformed into a 20, 30, 50, 65 and 80-year-old (actor Hlumelo Mzimkulu plays the 10-year-old) called YOU. And over a series of conversations, these characters in their different age brackets sit and share wisdom on life’s ‘what ifs.’ Disrupting the traditional approach to ‘finance talk’, the central idea is this: what if you could learn everything you need to know about life, from yourself? What if 65 year-old you could tell you – at age 20 – to stop buying so many cappuccinos and to invest more into an RA? And 30-year-old you could ask you at 80 how many kids you have – and how you afford to give them the lifestyle and opportunities you want for them?
Sonja Sanders, Head of Marketing and Client Experience at Sanlam Personal Finance, says each of the seven Conversations with Yourself films uses humour and insight to broach a different topic – and presents the accompanying product solve. “For example, the Conversation on Life and Retirement tackles retirement in a completely new way. Planning for retirement is often not a priority when you’re young. But what if you knew only 6% of South Africans are able to cover their monthly expenses once they retire? And what if you could ask your 65-year-old self whether you are one of the 6%? Would 20-year-old you still take that year off? Would you at age 30 still buy that flashy car?”
Using banter to bring home the fact that today’s decisions will define life when you’re older, the script takes a notoriously low-interest topic and makes it relatable.
The same goes for the highly sensitive topic of death, which no one wants to talk about — undoubtedly a problem in a country with an average age of death that stands at 64 years, and where 40% of the workforce is more likely to have cell phone insurance than life insurance.
Sanders says, “Conversations with Yourself takes an idea we’ve all had to the next level: The wish to fast-track into the future to see if our lives worked out the way we expected. Ultimately, you are your own partner in life. Everything you do now either benefits your future or jeopardises it. It’s often too daunting to imagine one’s future-self. But Conversations with Yourself connects the future to the present, and makes the experience real and impactful.”
Related: How To Start Saving Money Today
South Africa’s problematic savings culture has been well documented. In the retirement space, Sanlam’s Benchmark research has identified millennials as the generation most at risk of having insufficient savings, mainly due to their DIY approach to money matters, their mistrust of financial service institutions and the fact that they don’t identify with retirement as a goal. It’s a generation known for overconfidence despite their poor financial literacy. Millennials prefer self-directed advice – so what better way to deliver it than through a ‘conversation with yourself’?
“As WealthsmithsTM, Sanlam wants to empower people with the knowledge and tools to enable them to make positive financial decisions today. This should set them up for success both now and into the future. Conversations with Yourself helps people to appreciate that the planning they do today has significant implications for their future self. Ultimately, the campaign uses progressive storytelling to share a story to which any generation can relate. The story of you,” concludes Sanders.
Visit Conversationswithyourself to watch the films and start your own conversation.
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