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Top 10 Finalists In FAIRLADY Women Of The Future Awards 2017, In Partnership With Santam

The calibre of the entrepreneurs who entered the 2017 FAIRLADY Woman of the Future and Rising Star Competition is truly awe-inspiring. The search called for entries from female entrepreneurs who have created successful businesses

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The calibre of the entrepreneurs who entered the 2017 FAIRLADY Woman of the Future and Rising Star Competition is truly awe-inspiring. The search called for entries from female entrepreneurs who have created successful businesses.

‘The striking thing about women in business is that they don’t only uplift themselves through their work, they uplift the community around them too, and that’s why they are such a crucial part of our economy,’ says FAIRLADY editor Suzy Brokensha. ‘Every year, the quality of the entries to the FAIRLADY Women of the Future Awards blows me away. It’s so hard to choose the finalists! To me there’s no better sign of an economy getting back on its feet.’

Related: Funding And Financial Assistance For SA Women Entrepreneurs

The 10 women and their businesses are featured in the August issue of FAIRLADY, on sale today. 

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Woman of the Future 2017:

The women in line for this award are over 30, and have been in business for longer than 1000 days. The finalists are:

  • Claire Reed (Reel Gardening) – owner of an innovative gardening solutions company
  • Lourita Stofberg (AdminAssist) – her company provides professionals with virtual assistants to help them manage their administrative tasks
  • Nisha Maharaj (Niche Integrated Solutions) – owner of a company which helps companies digitise, rationalise and reduce IT spend whilst improving operational efficiencies
  • Ntsoaki Phali (Beyond ability talent solutions) – owner of a company that finds suitable jobs for people with disabilities and ensures that the environments allow them to flourish
  • Princess Mncube (Shando’s Construction) – the company specialises in general building, painting, plastering, brickwork, paving, plumbing and electrical services
  • Sarah-Jane Boden (SoulProviders Collective) – owner of a company specialising in digital content and marketing
  • Tiffini Wissing (OldSchoolCool) – provides safety-conscious parents with transport vehicles for their children that are fitted with the latest safety technology, onboard cameras and live tracking .

Rising Star 2017:

These young go-getters are aged 30 and under, and have been in business between six months and 1000 days. The finalists are:

  • Anele Mkuzo-Magape (African Entrepreneurship Initiative) – a consulting and entrepreneurship education training company with a focus on the youth of the African continent.
  • Kirsten Townsend (Fabrica) – a creative consultancy specialising in branding, graphic design, and communication
  • Lusanda Worsley (Empire Innovations) – the company is innovative and part agency, part consultancy and part business developers

‘Each of these women are deserving of recognition and represent the true entrepreneurial spirit of our country. Their commitment and drive towards making a real difference in our society serves as an inspiration to all and is a tribute to the power of the many women, changing the lives and shaping the future of South Africa each and every day.’ – Jeanett Modise, Executive head of People and Transformation at Santam.

Related: How Women Entrepreneurs Can Change the SA Business Landscape

The panel of judges for the FAIRLADY Women of The Future 2017 Competition, in Partnership with Santam include former Public Protector and Chief Patron of the Thuli Madonsela Foundation, Adv Thuli Madonsela; Santam Executive head of People and Transformation Jeanett Modise; FAIRLADY editor Suzy Brokensha; media entrepreneur and international speaker Jo-Ann Strauss and jewellery designer Kirsten Goss. The winner of the FAIRLADY Woman of The Future and FAIRLADY Rising Star Awards 2017, in partnership with Santam will be honoured at a prestigious awards ceremony in Johannesburg in August 2017. 

The FAIRLADY Woman of the Future will be awarded R50 000 cash, an invaluable mentorship 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 LENOVA Laptop from Makro worth R3 999. 

The FAIRLADY Rising Star will be awarded R20 000 cash, an invaluable mentorship 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 LENOVA Laptop from Makro worth R3 999. 


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For full details of all our finalists, get the latest issue of FAIRLADY magazine, on sale now!

Follow FAIRLADY on Facebook, @FairladyMag on Twitter, and @Fairlady_Magazine on Instagram.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

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This Is A Call To The Curious – Applications For The Allan Gray Orbis Foundation Fellowship Programme Are Open

The Allan Gray Orbis Foundation is calling on all young, entrepreneurially-minded South Africans to enlist in the most comprehensive and stimulating Fellowship opportunity in Southern African. Applications opened on 22 January 2018.

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The Foundation takes a holistic approach to entrepreneurial development and believes that entrepreneurially-minded individuals with ethical values and strong leadership skills hold the key to change in South Africa and the globe. The Foundation supports entrepreneurs to improve the socio-economic landscape of Southern Africa. Further, it provides youth who demonstrate the highest potential access to education and assists them with cultivating an entrepreneurial mindset.

The Fellowship’s entrepreneurial and personal development programme runs throughout the academic year alongside the Candidate Fellow’s university studies. The Fellowship provides access to university education and includes comprehensive tertiary financial support to selected students.

Criteria for Grade 12 Learners

  • Level 5 in Pure Mathematics for Grade 11 final results
  • Level 6 average for your final Grade 11 results (excluding Life Orientation)
  • Completion of the National Benchmark Test by 30 September 2018
  • Under the age of 21 in your application year
  • South African citizens.

Related: 10 Young Entrepreneurs Under 30 Share Their Start-Up Secrets

Intention to study towards a degree in Commerce, Science (excluding Medicine), Engineering, Law or Humanities (majoring in Politics, Philosophy or Economics) at the University of Witwatersrand (WITS); University of Johannesburg (UJ); University of the Free State (UF); University of Cape Town (UCT); Nelson Mandela University (NMU), Rhodes University; the University of the Western Cape (UWC); University of Stellenbosch or the University of Pretoria (UP).

What it covers

  • The full cost of university tuition
  • The full cost of university accommodation, meals, books and tutor allowance
  • A monthly living stipend
  • Academic support and access to entrepreneurial and personal development programmes
  • Mentorship from individually assigned Foundation staff as well as business mentors
  • Access to potential postgraduate funding for graduated Candidate Fellows
  • There are no postgraduate contractual obligations with the Foundation.

Related: 9 Top Tips For Young Entrepreneurs

How to apply

Visit www.allangrayorbis.org to download an application form or SMS “Gr12 and your fax number or email address” to 36777. The application closing date is the 11 May 2018.

Watch this video to learn more about the Allan Gray Orbis Foundation. More information is available at www.allangrayorbis.org and www.facebook.com/allangrayorbis.

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Facebook Launches A Classifieds Marketplace In South Africa

Facebook has launched Marketplace in South Africa, offering users a single destination on Facebook where they can easily discover and buy and sell goods with other people in their local community.

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Available in 47 countries, with more than 550 million people from around the world visiting Facebook to buy and sell goods each month, Marketplace makes it easier for people to trade with others on Facebook.

Using Marketplace

  • To use Marketplace, tap on the Marketplace icon
  • To find what you’re looking for, search at the top and filter your results by location, category or price
  • To sell something, take a photo, describe your item, set your price and you are done
  • Buyers and sellers can communicate with each other using Facebook Messenger.

Related: 10 Motivational Quotes from Facebook Genius Mark Zuckerberg

Trading Safely

Facebook helps you trade safely on Marketplace by offering safety tips, privacy controls and easy-to-use reporting tools.

Top tips for trading safely on Marketplace:

Commerce Policy

Items, products or services sold on Facebook must comply with Facebook Community Standards and Commerce Policies. Please view the list of items prohibited on Facebook.

Verify the item

When buying an item, examine it carefully for quality, condition and authenticity before paying. For high-value items (watches, luxury bags), consider requesting a certificate of authenticity or proof of purchase.

Related: How You Can Avoid The ‘Facebook Effect’

Be shipping savvy

facebook-shipping-productsIf the seller offers to ship the item rather than exchanging it in person, you may not have the opportunity to verify the item before completing your purchase. You can use a service such as Standard Bank’s Shepherd to arrange safe payment and shipment. Shepherd keeps the money for a transaction in a trust account and releases it to the seller once the buyer verifies he or she has received the correct item in good condition.

Meet in a safe location

Don’t invite buyers or sellers to your home. Meet in a public place like a coffee shop or the mall. Before going, tell a family member or a friend where you will be, bring your cell phone, and consider asking another adult to come with you.

Use cash, COD, or person-to-person payment methods

Buyers and sellers may offer or accept cash or person-to-person (P2P) payments. If you choose to pay electronically using EFT, avoid payment links and log in directly through the payment method’s website. If the value of the item you intend to buy or sell requires a significant amount of cash, you might consider using a person-to-person payment method, such as PayPal or FNB eWallet.

Protect your privacy

Don’t share your financial account information (example: Payment login and password, bank account info) with buyers or sellers. Additionally, make sure your Facebook Privacy Settings are up-to-date. These settings help limit what other people can see (example: status updates, location, photos) on your profile page and what you share on Facebook.

Report someone

If you’re having a problem with someone in Marketplace, you can report them.

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5 Things SME’s Need To Be Thinking About In 2018

In 2018, small-to-medium-sized enterprises (SME’s) will be looking for a glimpse of inspiration to chart a new growth path and scale their businesses. This is off the back of a tough 2017 and previous years which have inhibited the growth of local SMEs.

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In 2018, small-to-medium-sized enterprises (SME’s) will be looking for a glimpse of inspiration to chart a new growth path and scale their businesses. This is off the back of a tough 2017 and previous years which have inhibited the growth of local SMEs.

Jesse Weinberg, Head of the SME Customer Segment at FNB Business says “Small business success becomes a monumental task when there’s arguably very little to no real economic growth overall. However every challenge presents an opportunity, and in South Africa, not only are we fortunate to consistently have SME development as a key objective on the national government agenda, but most corporates are also  hungry to shift spend to smaller businesses as part of the procurement policies.”

Weinberg says as 2018 begins in earnest, there are some important insights that business owners should consider in order to grow their businesses.

The digital economy is in full swing

SME’s that are comfortably operating without adopting digital technology in their business will likely be outperformed by their competitors unless they adapt to the current reality. Across the globe, consumers and businesses are rapidly migrating services to digital channels for its sheer efficiency, convenience and scalability. This includes basic elements like digitising accounting processes with software, through to using social media to campaign to customers.

If you’re ever unsure where to start, start by observing your customers and listening carefully to how they expect to be dealing with a business like yours – you can’t go wrong by putting yourself in your customers’ shoes and then reflecting on your business through their eyes.

Related: 4 Unique Marketing Ideas For SMEs On A Budget

Expect little to no help from the economy

The Word Bank recently predicted that SA will grow at roughly 1.1% in 2018 and while this is not cast in stone, it’s a relatively firm indicator that SME’s will have to do the hard yards to engineer any form of business growth. The focus should thus mainly be on differentiating your business, products or services from your competitors through marketing or even innovation if possible.

Maximise your banking relationship

Banks are investing a lot of time to understand the needs of businesses and have some of the tools to help SME’s run efficiently. The relationship should not be only be limited to just banking. With the multitude of rewards and value-add services offering by most banks, with just a bit of time spent understanding the offerings, great value can be derived for you and your business. Examples of these offered by FNB include eBucks rewards, free Instant Accounting software and CIPC registration services.

‘Think Local, Act Global’

Your business may be based in South Africa but its potential to scale shouldn’t be hampered by your location. In other words, be open to the opportunity of growing your business beyond South African shores, especially if your service or product has universal appeal and relevance. With global marketplaces such as Alibaba and AirBnB, the world market has never been more accessible and easier to do business with.

Related: SchoemanLaw Shakes Up The Legal Industry To The Benefits Of SMEs

Avoid the race to the bottom

Market forces continue to show that consumers aren’t only focused on the cheapest product or service despite the tough economic conditions. These days offering great service will build trust and loyalty with customers and keep them coming back. If you combine this with good quality, accessible products and services you will generally have an edge over your competitors offering the same or similar products and services.

“Even though 2018 is unlikely to come with an SME development boom, a solid homegrown business can still grow sustainably. More than ever, business owners need to arm themselves with as much information and insights as they can to grow their businesses or even reduce the risk of total business failure. With South Africa’s level of unemployment showing little to no signs of reduction, we need to sustain the spotlight on growing our SME sector and offering as much support to it as possible. SME’s represent one of the most effective ways to create employment in local communities, especially if these businesses find ways to trade with customers beyond their normal operating territories.” says Weinberg.

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