Page 2 - KZN Business Sense 12.4 - Terry Flack
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CHANGE IS THE CURRENCY OF GROWTH




              pril’s edition of Business   navigating an increasingly   a timely reminder that accessing   common assumption – that   boom and new opportunities for
              Sense captures a defining   complex operating environment.   global talent must be balanced   people are the problem.   business.
        Amoment for KwaZulu-          His article highlights a clear   with robust risk management.  His perspective reframes
        Natal business, where resilience,   shift: trust, transparency and                        the conversation around        Together, these contributions
        reinvention and opportunity   credible information are no    Further to this Colette Tanner   management discipline, systems   reflect a province in transition.
        intersect in powerful ways.   longer compliance requirements,   explains that a duly drafted   and accountability as the true   The challenges are real, but so
                                      but strategic enablers of growth.  employment contract sets   drivers of team performance.  too are the opportunities for
          On our cover, Terry Flack                                 the stage for the employment                                those prepared to adapt, invest
        sets the tone with a compelling   David Vlcek of Cox Yeats takes   relationship including the rights,   Closer to home, we explore   and lead with clarity.
        exploration of how artificial   us into the sobering realities of   responsibilities and expectations   the encouraging momentum
        intelligence is reshaping     construction risk, outlining what   of both parties.        building in Durban. Our        With strong leadership in
        marketing from a cost centre   unfolds after a building collapse.                         feature on the city’s investment   mind, businesses in the province
        into a measurable profit driver.   It is a detailed and necessary   Transformation and    landscape highlights significant   are invited to enter the KZN Top
        His insights challenge businesses   look at legal responsibility,   compliance remain front of   infrastructure, property and   Business Awards 2026. These
        to rethink not just visibility, but   regulatory processes and the   mind, with Johan van Deventer   industrial developments   annual awards recognise success
        conversion, reminding us that in   importance of preparedness in   of Labournet cautioning   positioning eThekwini as a   in a range of categories and are
        today’s economy, performance is   high-stakes environments.  against the risks of last-minute   competitive economic hub. This   considered the business ‘Oscars’
        measured in rands, not reach.                               B-BBEE planning. His message                                of the province.
                                       As the world of work continues   is clear: proactive, year-round   is complemented by Heather
          This theme of accountability   to evolve, Sameer Kumandan   engagement is the key to    Flack’s insightful analysis of the   As always, we thank our
        and confidence is echoed by   examines the complexities of   unlocking real value.        province’s property sector, where  contributors for sharing their
        Irshaad Soomar of EY, who     remote and international hiring.                            the aftermath of Tongaat Hulett’s  expertise and insights, and our
        unpacks the critical role of   His practical guidance on     Trevor Clark challenges      collapse is giving rise to a   readers for being part of this
        governance and assurance in   compliance and due diligence is   business owners to rethink a   multi-billion-rand development   ongoing conversation. 



        BUILDING TRUST, BUILDING BUSINESS



        WHY ENTER THE KZN TOP BUSINESS AWARDS


                                                                     Carl Henriksen, Head          Grant Adlam, CEO of the KZN     Improvement
                                                                    of Commercial Banking         Top Business Awards, adds: “Of   ■   Renewable Efficiency and Green
                                                                    (KwaZulu-Natal) at Business and   note, participants benefit from     Initiatives
                                                                    Commercial Banking, Standard   enhanced visibility. Through our
                                                                    Bank South Africa, adds, “At   strong digital public relations   ■   Employee Wellness
                                                                    Standard Bank, we believe trust   and media campaign, the    Being named a finalist or winner
                                                                    is the cornerstone of sustainable   awards provide exposure that   signals to customers, partners
                                                                    business growth. The KZN      extends well beyond traditional   and stakeholders that a business
                                                                    Top Business Awards embody    advertising channels. These   meets a recognised benchmark
                                                                    this principle by recognising   platforms enable businesses   of excellence. This independent
                                                                    organisations that not only deliver   to showcase their impact,   endorsement strengthens
                                                                    results but also demonstrate   innovation and leadership to a   reputation, builds confidence and
                                                                    integrity, purpose and        wider audience.”              differentiates organisations in a
                                                                    accountability. Through platforms   The awards recognise    crowded marketplace.
                                                                    like these, we aim to celebrate   organisations that make a
                                                                    businesses that keep growing                                 For businesses ready to build
                                                                    while building meaningful     meaningful contribution to the   trust, elevate their brand and
                                                                    connections with their        KwaZulu-Natal economy and     unlock new opportunities, the
        Carl Henriksen (Standard Bank) and Adv Pria Hassan (Women of Africa)  stakeholders and communities.”  demonstrate proactive business   KZN Top Business Awards offer a
                                                                                                  practices aligned with the    platform to do exactly that.
                                                                     Often referred to as the ‘Oscars   principles of King V corporate
                                                                    of business in KZN’, the awards   governance.                Entries close on 12 June
              rust remains the defining   expectations have evolved.                                                            2026, with the final gala event
              currency of modern      Today’s customers seek        go beyond recognition. They shine   Award Categories include:  taking place at the Durban
        Tbusiness. In a competitive   authenticity, transparency and   a spotlight on the people behind   ■   Standard Bank Client of the    International Convention Centre
        and fast-moving marketplace,   meaningful connection. They   the brands, the leaders, innovators     Year – Small Enterprise
        it is often the single factor that   want to understand who they   and teams who drive success.                         on 16 July 2026. 
        separates brands that endure from   are engaging with, what those   This human-centric approach   ■   Standard Bank Client of the
        those that fade. The KZN Top   businesses stand for, and whether   transforms how businesses present     Year – Large Entity  Visit www.kzntopbusiness.com to enter
                                                                                                                                or more information contact
        Business Awards, brought to you   their values align. The KZN Top   themselves, shifting toward   ■   Manufacturing Sector  gayle@mweb.co.za or +27 (0)83 653 0465
        by Standard Bank and Women of   Business Awards respond     meaningful storytelling where   ■   Transport and Logistics Sector
        Africa Group, and supported by   directly to this shift by placing   trust is built.                                    Stay connected with the KZN Top
        East Coast Radio, have emerged as   people, purpose and credibility   Adv Pria Hassan, CEO of   ■   Franchising Sector  Business Awards through:
                                                                                                                                Facebook page www.facebook.com/
        a powerful platform for building   at the forefront. For businesses   the Women of Africa Group,   ■   Family-Owned and Managed    kzntopbusiness
        that trust, not only between   aiming to grow, differentiate   notes: “In a region rich with     Businesses             YouTube https://www.youtube.com/c/
        businesses and their customers,   themselves and strengthen   entrepreneurial spirit and   ■   Agricultural and Agro-   KZNTopBusiness
        but across the broader KwaZulu-  stakeholder relationships,   innovation, trust remains the     Processing Sector       Twitter https://twitter.com/i/
                                                                                                                                flow/login?redirect_after_
        Natal business community.     entering the awards is not merely   foundation of sustainable success.   ■   Business, Financial and    login=%2Fkzntopbusiness
          As consumers become         an opportunity, but a strategic   The KZN Top Business Awards     Educational Sector      LinkedIn https://www.linkedin.com/
                                                                                                                                company/kzntopbusiness
        increasingly discerning,      business decision.            provide a platform to earn it,   ■   Community Upliftment and    Instagram https://www.instagram.com/
                                                                    showcase it, and build upon it.”                            kzntopbusiness

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