Page 73 - KZN Top Business Portfolio - EBOOK 2019
P. 73
Managing Director and Founding Partner of African National Roads Agency Limited (SANRAL)
Morar Incorporated and acting Chairman of the board of Directors of
Airports Company South Africa SOC LTD (ACSA).
OSHAN MORAR is a well-respected “The board appointments have enhanced my
professional committed to making a personal and professional growth. The experience
difference at multiple levels in South and exposure which I have acquired as a board
RAfrica’s economy. member has helped build my business acumen.”
Morar has obtained substantial experience in The growth in Morar’s business acumen is
all aspects of the corporate environment, more apparent in his plans for his firm. Not only is there a
especially in property investments and finance, risk strategy in hand to further reinforce the company’s
management and private equity transactions. He presence in South Africa, he has his sights set on
has also been involved in an advisory capacity to growing the practice beyond the national borders
various successful start-up businesses, including black to establish the firm as a fully-fledged African firm.
economic empowerment management buyouts, The capacity to analyse complex financial issues
among others. and to understand the spectrum of risk a company
could be facing is essential in today’s business.
In 1995, Roshan Morar opened his own
accountancy firm in a small office in Church Morar is strongly of the opinion that South African
Street, Pietermaritzburg. The firm then expanded businesses need to be prepared for a cross section
of business risk as with the economic pressure in
profoundly and now operates from 11 offices and today’s world, the potential for fraud was high.
employs in excess of 180 staff. Driven by the motto “It is imperative for every business to undertake a
“no client is too small”, the firm initially geared itself risk assessment process to determine the potential
towards servicing black-owned businesses, many of impact as a result of interruptions to time sensitive or
which were small and medium sized family-owned critical business processes,” noted Morar.
businesses. Roshan Morar prides himself on service
excellence and building relationships with clients and Morar Incorporated provides quality financial and
this is evident as the first family to take its business to business services for all three spheres of government
Morar are still clients of the firm today. and conduct external audits on behalf of the auditor
general of South Africa, of which the firm is an
In line with Morar’s aim to provide value added accredited service provider.
services, he and the firm’s employees pride
themselves on building relationships with clients Morar Incorporated has recently affiliated with
and it is this personalised approach that has been Allinial Global, an international accounting firm
a consistent hallmark of the practice. In addition, association of legally independent accounting and
confidentiality and the quality of service provided consulting firms. “’We are delighted to be a member
are critical aspects to superior service delivery. of this prestigious organisation. Our involvement
with Allinial offers our clients the opportunity to
Morar says of his career, “As an emerging black look at their markets from a global perspective as
entrepreneur, there were many doors that remained well as the potential to grow their business and
closed. I remained focused and determined to change establish an international presence,” Morar added.
this. Taking calculated risks, hard work and being
Under the business guidance of Morar you are
determined to achieve success, has driven my career. in good hands. He is well on his way to making
In addition, balancing time and planning is key.”
a positive impact on South Africa’s growth and
Morar’s success is evident in the many high- development. Morar says of his personal vision: “I
profile board positions and board committees wish to make a difference at all levels; to create a
on which he has and does still serve. Mr Roshan legacy that would stand tall and be recognised as
Morar is the Chairman of Ithala Development having made a difference. All we leave behind are
Financial Corporation, previous Chairman of South our names and reputation.”