Exxaro, Sipho Nkosi claims first place at the EY World Entrepreneur Awards

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Sipho Nkosi, CEO of Exxaro, tonight emerged victorious at the Southern Africa Chapter of the EY World Entrepreneur Awards. The awards, which celebrate 15 years of recognising entrepreneurs who demonstrate excellence in their respective fields of work, are sponsored by First National Bank (FNB) and Swiss International Air Lines.

Sipho Nkosi was named the winner in the Master Entrepreneur category, while Johanna Mukoki, Group CEO of Travel with Flair was named the winner of the Emerging Entrepreneur category.

Ajen Sita, CEO for Africa at EY says, “These awards are testament to the talent and potential that exist not only in Southern Africa, but the rest of Africa. Our entrepreneurs play a pivotal role in creating jobs and a healthy environment suitable for growth and foreign direct investment (FDI). All their endeavours need to be celebrated as they are critical in putting Africa on the map as a leading entrepreneurial economy.”

CJ Kujenga, Africa Leader for the World Entrepreneur Awards at EY says, “This year’s winners are truly remarkable as they were chosen from a pool of entrepreneurs who are performing tremendously well in their fields. As EY we are humbled and proud to be associated with such talent. It has been an inspiration to meet and interact will all of them.”

Sipho will fly the Southern African flag high alongside his West and East African counterparts next year when he competes at the EY World Entrepreneur of the Year event in Monte Carlo. He will vie against winners from an expected 50 nations. The global programme celebrates the achievements of outstanding entrepreneurs and ensures that their contribution to their country’s economic and social progress is widely recognised and honoured. It is considered one of the world’s premier business awards akin to the business Oscars globally.

About the award winners:

Sipho Nkosi, CEO of Exxaro, Master Entrepreneur category winner of the EY World Entrepreneur Awards 2012:

Diversified resources company Exxaro Resources Limited has become the first company in South Africa to achieve Road Transport Management System (RTMS) consignor and consignee accreditation. Sipho Nkosi was appointed its Chief Executive Officer and Executive Director on 1 September 2007. He holds a BCom degree, an MBA, a Diploma in Marketing Management and has also completed an Advanced Management Leadership Programme. After 20 years in the industrial and mining sectors, Sipho founded the Eyesizwe Holdings and served as its Chief Executive Officer before its merger into Exxaro in 2006. Sipho is a Director of a number of companies, including Sanlam Limited, and has served as President of the Chamber of Mines.

Johanna Mukoki, Group CEO of Travel with Flair, Emerging Entrepreneur category winner of the EY World Entrepreneur Awards 2012:

Travel with Flair (TWF) is a leading black owned travel management company which was started by Johanna and her two partners, Robert Wilke and Tibor Zsadanyi in 1997. Since then Travel with Flair grew from one branch in Pretoria to branches in Johannesburg, KwaZulu Natal and Cape Town. Johanna holds a B.Com Degree from Rhodes University and is a recipient of many awards such as SA’s Most Influential Women in Business & Government in the Tourism Sector award. She is also the first black person to sit on the Global Tourism Board of the Association of Corporate Travel Executives.

Very Important Note - Please be aware of the following, when referring to the World Entrepreneur Awards Programme:

The phrase ENTREPRENEUR OF THE YEAR is registered as a trade mark in South Africa in the name of Business Partners Limited. Legally, in South Africa EY and First National Bank are therefore entitled to use only the following replacement phrases - WORLD ENTREPRENEUR AWARDS, WORLD ENTREPRENEUR AWARDS PROGRAMME, WORLD ENTREPRENEUR or WORLD ENTREPRENEUR PROGRAMME.

About Entrepreneur Of The Year

EY’s global Entrepreneur Of The Year programme is the world's most prestigious business award for entrepreneurs. Recognised globally, the award provides a unique way of encouraging entrepreneurial activity and recognising the contribution of outstanding men and women who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, EY Entrepreneur Of The Year celebrates those who are building and leading successful, growing, and dynamic business, recognising them through regional, national, and global awards programs in 140 cities in 50 countries.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 167,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

EY refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

Following on from EY’s successful integration in 2008 of 87 countries into one area from across Europe, Middle East, India and Africa (EMEIA), the firm has launched its Africa Business Center™ (ABC), which aims to enhance the effective and efficient links between its geographic reach and areas of expertise. The firm enjoys representation in 33 countries across Africa.

© 2012 EYGM Limited. All Rights Reserved

This publication contains information in summary form and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. Neither EYGM Limited nor any other member of the global EY organization can accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any material in this publication. On any specific matter, reference should be made to the appropriate advisor.

Web: www.ey.com/za

About First National Bank (FNB)

As a company with entrepreneurial spirit at its heart, FNB Commercial is committed to supporting South African entrepreneurs to take advantage of the business opportunities present in our country by offering sound financial services and innovative banking solutions. This commitment is reflected in our strategic vision to enable, grow and accelerate entrepreneurship in South Africa.

FNB Commercial Banking addresses the unique needs of a range of businesses from start-ups to medium corporate companies including companies listed on the JSE Alternate Exchange.  FNB Commercial’s successful business model is designed around client segments rather than products. This allows it to focus on understanding clients’ specific needs and building mutually beneficial relationships.

FNB Commercial provides financial solutions, including working capital, structured finance, investment products, and transactional banking to its customers. It offers specific niche solutions in Tourism, Franchising, Agriculture sectors and its product house provides innovative offerings such as debtor and property finance.


About Swiss International Air Lines

Swiss International Air Lines (SWISS) serves 73 destinations in 39 countries all over the world from its Zurich hub and the further Swiss international airports of Basel and Geneva. SWISS is operating a 85-aircraft fleet. Switzerland’s national airline embodies traditional Swiss values such as ”personal service", “in-depth quality” and “typical Swiss hospitality” – we aim to make each and every customer feel at home on our flights.

SWISS is committed to the sustainable and careful use of resources at various levels, and considers a responsible attitude to the environment an essential part of its corporate culture.  As a part of the Lufthansa Group, a Star Alliance member and a quality airline, SWISS stands by its mission to connect Switzerland with Europe and the rest of the world.
SWISS operate an Airbus A340 300 on the Johannesburg-Zurich Route. The A340 is the true ‘marathon runner’ of Airbus and holds several long-distance records. The attractive winglets give the aircraft an elegant appearance. Moreover, those features on the tips of the wings help to save kerosene as they substantially reduce vibrations on the wings.