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Johannesburg - Former finance minister Trevor Manuel was honoured with a special commendation "for his exceptional contribution to the development of South Africa and for improving the lives of all its citizens during its first twenty years of democracy".
The award was part of the annual Sunday Times Top 100 Companies, held in Sandton on Tuesday evening in association with Johnnie Walker.
The awards recognise the best-performing JSE-listed companies, based on their shareholder returns and performance over a five year period.
“It is fitting that, in the 20th anniversary of our democracy, we honour Trevor Manuel for his significant contribution to this country," said Sunday Times editor Phylicia Oppelt.
She said the awards recognise the private sector's contribution to South Africa, "especially during these difficult economic times".
Coronation Fund Managers was named as the Top Company for the second consecutive year.
“As a long-term investment manager, we remain resolute in applying our philosophy of investing with a long time horizon and creating wealth for our clients,” said Anton Pillay, CEO of Coronation Fund Managers.
Dr Johan van Zyl, group CEO of Sanlam, was named as Sunday Times Business Leader of the Year and the chair of First Rand Group, Laurie Dippenaar, received the Lifetime Achievement Award.
The Business Leader of the Year Award is decided by the CEOs of last year’s Top 100 companies and is, therefore, a highly regarded accolade that acknowledges the combined res
pect from one’s industry peers.
Van Zyl said it is a great honour to receive this award, particularly as it is the result of a voting process by peers.
"In business it is about people and the team, probably more so in insurance where you do not sell a physical product, but a promise. This promise is only as good as the people making it. This award is therefore to Sanlam, to the team," said Van Zyl.
Dippenaar accepted his award "on behalf of everyone at FirstRand and in particular my fellow founders GT Ferreira and Paul Harris".
The creation and on-going success of the group has been, and continues to be, a team effort,” said Dippenaar.
Dr Johan van Zyl, Laurie Dippenaar, Anton Pillay, Trevor Manuel and Enzo Marcello. (Supplied)
The 2014 Corporate Social Investment Award went to Telkom for its information and communications technology (ICT) incubation programme, otherwise known as the Bandwidth Barn.
The recipient is decided by the Who Owns Whom detailed BEE scorecard applied to all JSE-listed companies and measures the impact and sustainability of a company’s CSI initiatives.
Telkom’s ICT incubation programme employs 90 people and has developed 20 black female-owned ICT companies with a turnover exceeding R30m. Telkom also sponsored 24 months of internet service to six national Absa Enterprise Development Centres, to create more opportunities for supplier development initiatives.
“This award reflects the fact that more companies are putting their money where their mouth is when it comes to CSI, improving their reputation not only among investors, but also among a wider group of stakeholders,” said Rob Rose, editor of the Sunday Times Business Times.
Each year, South African companies are recognised for the resilience and innovation that has seen them retain a top twenty position within the Sunday Times Top 100 Companies rankings for three consecutive years.
They become members of an exclusive group known as the Sunday Times Royal Companies. This year, Anglovaal Industries, Aspen Pharmacare Holdings, Coronation Fund Managers, EOH Holdings, Famous Brands, Howden Africa Holdings, Mr Price Group and Woolworths Holdings received the Royal Company recognition.
- Fin24
