Page 2 - STANDARD BANK KZN TOP BUSINESS AWARDS Supplement-Mercury - eBook 2021
P. 2



                                                                 THANK YOU

                                                            KZN for your on going support and trusting
                                                                                us since 1979

      The Hirsch family – Margaret, Richard, Luci and Allan.

           his category was    operating in KwaZulu-      Shop safely on SA’s most trusted ONLINE appliance and TV store -
           open to businesses   Natal for the last 42
      Twhere the majority      years and have become a
      ownership remains        household name.  Hirsch’s
      within a family (or multi-  started off small in 1979
      family) structure, and   with just R900 saved     appliance and home       Margaret is the executive   a strong commitment to the   at Hirsch’s when they were
      where more than one      by Allan and Margaret.   furnishing stores are    director, Richard is the   same goals.             in their teens, still shop
      generation contributes to   Today they are the largest   located in KwaZulu-Natal,                                            with them – alongside
      the success of the business.    independently owned   the Cape and Gauteng.   CEO and Luci is the voice   Hirsch’s are not simply a   their own children and
                               electronics and appliance                         of Hirsch’s and the brand   family owned business,   grandchildren.
      The winner is:           retail outlet in southern   The whole family is involved   manager.  As a family, the   but they have watched   The finalists are:
                                                                                 Hirsch’s form a formidable
      HIRSCH’S                 Africa with a turnover   in the day-to-day business                        the families that shop
                               well over the billion rand   operations.  Allan is the   force supported by their   with them grow.  Today   ■   The Ramsi Group
      Hirsch’s have been       mark. The chain of mega   founder and chairman,   management team who have   Grandparents, who shopped  ■   Beekman Group

                                                                                BUSINESS PERSONALITY

                                                                                        shok Sewnarain     determined to pursue one’s   rather than a million rand.
                                                                                        is the founder     dreams in whatever business   The most successful people
                                                                                 Aand chairman of          chosen. He says, “Business   in the world dream big. It’s
                                                                                 International Bank Vaults   is full of risk and challenges   free. It has no boundaries
                                                                                 (IBV), the first and most   that we must confront on   and borders.”
                                                                                 sophisticated, privately   a daily basis.” He added   Sewnarain strives to create
                                                                                 owned safe deposit        that over the years, he had   a balance between good
                                                                                 vaults in South Africa.   experienced many failures   business and profit through
                                                                                                           in his business career, but all
                                                                                 Sewnarain was born in     of these had made him more   providing community
                                                                                 Mayville, Durban and his   knowledgeable and humbler.   and social support. This
                                                                                 father ran a small, often                          balance is achieved by
                                                                                 struggling, estate agency.   However, Sewnarain says,   promoting a spirit of social
                                                                                 When Sewnarain took over   “You must be bold and have   entrepreneurship, which
                                                                                 the family business, he   courage to launch business   he believes is an important
                                                                                 expanded into the hotel and   ventures with honesty and   aspect that every business
                                                                                 hospitality sectors.      respect for staff, customers,   leader should adopt in
                                                                                                           suppliers and service    their own enterprises. He
                                                                                 In May 2005, Sewnarain    providers. Life is about   concluded, “The more that
                                                                                 opened the first private vault   dreaming big. Dream to   you give the more that
                                                                                 in Umhlanga’s Gateway     make a million dollars,   you get.” 
                                                                                 Mall. Since then, IBV has
                                                                                 grown exponentially and
                                                                                 operates branches globally
                                                                                 in London, Switzerland, and
                                                                                 The vaults are built to
                                                                                 international standards and
                                                                                 specifications, complete
                                                                                 with steel-reinforced
                                                                                 concrete and protected by
                                                                                 a sophisticated, multitiered
                                                                                 security system.
                                                                                 Sewnarain subscribes to the
                                                                                 philosophy that says one
                                                                                 should persevere and be
                                                                                                          Ashok Sewnarain received the Business Personality of the Year award

   1   2   3   4   5   6   7