Page 73 - KZN Top Business Portfolio - EBOOK 2019
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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.”
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