logo
Celebrating success: Jennifer Reddy's journey to becoming Private Sector CEO of the Year 2025

Celebrating success: Jennifer Reddy's journey to becoming Private Sector CEO of the Year 2025

IOL News2 days ago
Jennifer Reddy, CEO of Morar Incorporated.
Image: Supplied
JENNIFER Reddy, the CEO of Morar Incorporated, celebrated her second win this year, winning the Private Sector CEO of the year 2025.
The 40-year-old said the celebration was double with her company commemorating its 30th anniversary.
Morar Incorporated specialises in assurance and advisory services with six national offices serving clients across the country and internationally.
'We are a financial services consulting firm with six offices across the country, providing a full range of audit, assurance, and advisory services to clients in various sectors.'
Reddy came from humble beginnings and said she owed her success to her mother.
'My most significant source of inspiration is my mother. She showed me at an early age that nothing is impossible and that hard work always pays off. My mother worked extremely hard to pay off my bursary so that I could pursue my dream of becoming a chartered accountant and serve articles with one of the big 4 audit firms.
'She then also stepped in when I decided to pursue my Master's in business administration, which required me to travel away from home frequently, and she would help take care of my two young daughters.'
Video Player is loading.
Play Video
Play
Unmute
Current Time
0:00
/
Duration
-:-
Loaded :
0%
Stream Type LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text Color White Black Red Green Blue Yellow Magenta Cyan
Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan
Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan
Transparency Transparent Semi-Transparent Opaque
Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps
Reset
restore all settings to the default values Done
Close Modal Dialog
End of dialog window.
Advertisement
Next
Stay
Close ✕
That was why, she said, she was proud to have been awarded the Private Sector CEO of the Year 2025 by the African Women Chartered Accountants Forum (AWCA) organisation for her hard work.
'AWCA is an NPO founded in 2002 to accelerate the advancement of black, Indian, and coloured women within the chartered accountancy profession. This recognises the impact I made within the profession and the strides I took to lead and empower others.'
Earlier this year, she also received the Top CEO of the Year in Financial Solutions award from the International Association of Top Professionals (IAOTP) for 2025.
'The IAOTP recognised my track record in leading Morar Incorporated to sustained growth, expanding to six national offices, delivering innovative financial solutions, and maintaining exceptional client service standards. They also considered leadership impact, industry contribution, and commitment to community engagement.'
Reddy said while the IAOTP award focused on her global leadership and contributions within the financial solutions industry, the AWCA recognition celebrated excellence within the African private sector. It highlights not just business performance, but also mentorship, empowerment, and creating opportunities for others in the profession.
'I am deeply honoured, but no, I did not anticipate receiving two such significant awards in one year. My focus has always been on leading with integrity, delivering results, and making a positive impact. The recognition is a humbling reminder that the work we do resonates beyond the office walls.'
She said the biggest challenge in the past year had been maintaining a healthy work-life balance.
'Prioritising work to the extent of neglecting my health had taken a toll on me, and I suffered the health effects of burnout. Also, being a working mum, you always put your own needs last. When I had fallen ill, I realised I needed to prioritise my health, and this was not just for me and my family, but for my firm as well.
'I sought proper medical treatment and began exploring ways to relax and unwind, like learning the game of golf, rebounding, and developing a well-balanced exercise routine.'
She said as a woman CEO, receiving back-to-back awards, was proof that there are no limits to what women could achieve in leadership.
'It is a message to every aspiring woman leader that your vision, expertise, and voice are needed, not someday, but now. We don't have to fit into anyone else's mould to succeed; we can lead authentically, break barriers, and redefine what leadership looks like. Every time one of us rises, we create a path for many more to follow."
Reddy said that young women who wanted to join business should be unapologetically ambitious.
'Build your expertise so your value is undeniable, and surround yourself with mentors who will challenge and champion you. Do not wait for permission to lead. Step forward, speak up, and take the opportunities others might hesitate to grab. And remember, leadership isn't about being perfect. It's about being courageous, learning quickly, and lifting others as you rise,' said Reddy.
The POST
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The struggle for land reform in South Africa: why black farmers are still waiting
The struggle for land reform in South Africa: why black farmers are still waiting

IOL News

time2 hours ago

  • IOL News

The struggle for land reform in South Africa: why black farmers are still waiting

The Black Farmers' Association of South Africa says that land redistribution must be transparent, timely, and supportive of farmers' growth from subsistence to full commercial scale. Image: Karen Sandison / Independent Newspapers Black farmers who need to expand their production have pleaded with authorities for assistance after being unsuccessful in securing farm leases from the Department of Land Reform and Rural Development. They say that the delays in accessing land are limiting their productivity and contribution to the country's food safety due to its failure to give them land. One farmer said: 'I have been farming on about 100ha with stud and commercial herds, and have applied for farm to lease more than five times, to no avail.' He added that the only thing that will help farmers like him is a commercial bank, but livestock is not collateral. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Another farmer said: 'I would like to know what criteria the Land Reform Department uses to award land. I have been applying for such a long time to no avail. I am a poultry and bee farmer, and I'm also a vegetable farmer. I have grown from five village chickens to thousands of broiler chickens. The challenge is that I am only using 2,700Sqm of land for residence and farming. 'I farm what I can with limited resources, but grow from there. I would really like a bigger piece of land. The main purpose is to grow at least 40,000 broilers per cycle and bring in goats for milk, and be able to grow the required feed myself.' Dr Lennox Mtshagi, president of the Black Farmers' Association of South Africa (BFASA), said they are fully aware of the frustration expressed by their members regarding the slow and often opaque process of accessing agricultural land. 'The slow pace of land release stalls agricultural expansion, limits food security contributions, and keeps many black farmers in subsistence mode rather than commercial production. Lack of transparency in allocation fosters mistrust, discourages investment, and perpetuates inequality. Farmers cannot plan long-term without knowing if, when, or where they will receive land,' Mtshagi said. He added that since 2019, BFASA has formally engaged the department through written submissions, ministerial meetings, and parliamentary portfolio committee briefings. 'We have specifically called for the immediate release of the 2.5 million hectares currently under the State Land Lease and Disposal Policy, a transparent, published database of land available for allocation and inclusion of farmer organisations like BFASA in the vetting process to ensure fairness and speed,' Mtshagi said. While leasehold can be a starting point, it severely limits a farmer's ability to access bank financing, secure long-term contracts with buyers, and make infrastructure investments such as irrigation systems and packhouses. BFASA has been clear that secure tenure, preferably through full title, is essential for building generational wealth and sustainable agribusiness, he said. He added that the recurring challenges faced by black farmers applying for land include lengthy application timelines with no clear status updates, complex paperwork that is not farmer-friendly, inconsistent provincial implementation of national policy, lack of published criteria for successful allocation, and political gatekeeping, where deserving applicants are bypassed in favour of politically connected individuals. 'We are lobbying for policy change to prioritise ownership models, establishing partnership frameworks with private landowners willing to lease or sell directly to black farmers, using legal channels to challenge unfair allocation practices, and launching a national land reform tracker to monitor DLRRD performance. 'BFASA believes that land reform success depends on partnerships. We propose a multi-stakeholder Land Reform Council with the government, private sector, and farmer organisations. Blended finance models where banks, government grants, and private equity co-fund land acquisition and development, and public-private training hubs to ensure land recipients have the skills to farm commercially,' Mtshagi said. He added that BFASA remains committed to ensuring that land reform is not a political slogan, but a lived reality for black farmers. 'Access to land is the foundation of food security, rural development, and economic transformation. Our position is clear: redistribution must be transparent, timely, and supportive of farmers' growth from subsistence to full commercial scale,' Mtshagi said. Linda Page, spokesperson for the Department of Land Reform and Rural Development, said there is a transparent process for applications for land, which begins with an advert published on the department's website and other platforms, including newspapers. She referred to the Beneficiary Selection and Land Allocation Policy, which lists key aspects, as prioritising specific previously disadvantaged groups, ensuring a fair and transparent process, the policy providing a standardised national land application system. The policy also seeks to ensure that selected beneficiaries have the necessary skills and capacity to maintain and utilise the allocated land productively, among others. On the land that is in the hands of the government, Page said: 'The 2.5 million hectares are already leased out to black farmers and individuals, in line with the policy mentioned above. Therefore, the land in question is already in the hands of black farmers and other black individuals, and it is being used. The department acquired this land through the Pro-active Land Acquisition Strategy, and as indicated, it is leased out for different land use purposes.' She added that this land is not merely acquired and held by the department; it is in use through leaseholds. In 1994, total farm land with title deeds, thus outside what the apartheid government set aside for black people, covered 77.58 million hectares of South Africa's total surface area of 122 million hectares. During his 2024 State of the Nation Address, President Cyril Ramaphosa said: 'Through redistribution, around 25% of farmland in our country is now owned by black South Africans, bringing us closer to achieving our target of 30% by 2030.' This gives a total of 19.3 million hectares or 24.9% of the total of all freehold farmland in South Africa, previously owned by white landowners, that has been restored, redistributed to black South Africans, or moved away to state ownership, according to agricultural experts from Stellenbosch University. Professor Johann Kirsten, the director of the Bureau for Economic Research at Stellenbosch University, said the issue of concern is that the state is now a major owner of agricultural land with more than 2.5 million hectares, which had been acquired by June 2023. This is through the Agricultural Land Holding Account Trading Entity, which acquires land and property under the Proactive Land Acquisition Scheme, implemented in 2006 to allow state ownership for programme lessees. 'Most of the roughly 2,500 beneficiaries have a 30-year lease agreement with the state. There are several farms where no agreement has been signed. The arrangement makes reference to the leasing of land. But there's no mention of the transfer or sale of land to beneficiaries,' he said. In a piece co-authored by Kirsten and Wandile Sihlobo, a senior fellow at the Department of Agricultural Economics at Stellenbosch University, and published by The Conversation, they highlight that calls for the state to redistribute the 2.5 million hectares of land to black farmers have fallen on deaf ears, and black farmers continue to despair. 'The government has been slow to distribute the land it has acquired. This shows that the problem of South Africa's land reform is not only about acquisition but also the distribution of land with title deeds to beneficiaries,' Kirsten and Sihlobo said.

Private school fee dispute: single father challenges private education payment policies
Private school fee dispute: single father challenges private education payment policies

IOL News

time3 hours ago

  • IOL News

Private school fee dispute: single father challenges private education payment policies

The father said the whole situation took a toll on his daughter Image: File A single father from Monte Vista is raising concerns about how private education institutions allegedly handle financially strained families and the emotional toll this can take on children. Craig Nel explained how his daughter was excluded from her Curro Durbanville school in July, despite his consistent efforts to settle outstanding fees. He hopes sharing his experience will shed light on the situation, especially for parents who are facing similar experiences. Nel explained that he signed an Acknowledgement of Debt in January 2025 to settle R163,503 in arrears while keeping 2025 fees up to date. 'The school then set a hard deadline and later confirmed she would not be allowed back after the July holidays unless the 2024 arrears were fully settled. 'I took out an overdraft to pay the balance before the first day of the new term. My 2025 fees have always been up to date. The 2024 arrears are now settled. The unresolved issue is the lack of clarity on the procedure used to threaten to exclude her,' he said. Nel criticised the school for failing to follow its own policies. 'No formal written termination notice in line with policy. First direct notice was a letter dated 30 June 2025 stating services would end from 1 July unless arrears were paid in full by 30 June… No meaningful time was provided to make other arrangements.' Nel said his daughter has since returned to school and is coping well. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ 'She has been back at school since the start of the term after the July holidays and is doing well. She has always been doing well in her school work. The issue now is about clarity on the school's termination policy and how it would be applied in future. 'I want to speak about this so that other parents can also know what to do should they end up in such a situation' He is calling for fair and consistent procedures, reinstatement without punitive retrospective conditions, and agree on a realistic repayment plan recognising payments already made. 'I also need written clarity on what would happen if I lost my job or whether they would give the 90 days' notice of termination stated in their policies. At present, I have no certainty, as they do not appear to be applying this or any policy consistently, and I have not been told why it would not apply to me.' While he has considered a government school, Nel said his daughter would prefer to finish in the same environment if stability can be guaranteed. Curro Durbanville has issued a response regarding the matter. 'A learner will not be excluded where the terms of an agreed Acknowledgement of Debt (AOD) are adhered to. However, even where the terms of an AOD are not adhered to, Curro still takes into consideration the wellbeing of the learner as it did in this matter.' According to Curro; 'The parent was an erratic payer who breached the AOD repayment terms.' The school emphasised that the learner was never excluded without written notice and due process followed.

Will Suzuki build cars in SA? Minister Tau engaging with carmakers as tariff debate rages
Will Suzuki build cars in SA? Minister Tau engaging with carmakers as tariff debate rages

The Star

time6 hours ago

  • The Star

Will Suzuki build cars in SA? Minister Tau engaging with carmakers as tariff debate rages

Donald Trump's automotive tariffs, while only affecting the Mercedes-Benz operations in South Africa, have sparked conversations on whether the government is sufficiently protecting own market. According to Lightstone, around 37% of the vehicles that South Africans purchase are locally produced, while a significant 36% are imported from India and 11% from China. At a media event outlining South Africa's response to Donald Trump's tariffs, held in Pretoria on Tuesday, Minister of Trade and Industry, Parks Tau, revealed some interesting insights into the country's plan for the automotive industry. Asked whether the government was considering raising the import tariffs on Indian and Chinese vehicles in order to prevent our market from being flooded, Tau did not rule out such a move but said the Department of Trade, Industry and Commerce (DTIC) was not in favour of punitive measures. 'With regards to Chinese and Indian auto, it is a discussion that we're currently having with the intention of taking a less punitive approach, but rather taking a more proactive approach of getting some of those products manufactured in the country.' Tau said many Chinese manufacturers had expressed interest in establishing themselves in the country and were making contributions towards a revised Automotive Production and Development Program (APDP), which is currently under review. Tau said he could not comment on what the actual decision would be, regarding tariffs, but added that it was the government's intention to accelerate the policy development process and related instruments in the implementation of the APDP. Discussions with Suzuki Auto Earlier this year Naamsa CEO Mikel Mabasa revealed that at least three Chinese car manufacturers were considering setting up vehicle production facilities in South Africa. Interestingly, the DTIC has also been engaging with Suzuki Auto, which recently became the country's second best-selling brand, thanks largely to an affordable product portfolio sourced almost entirely from its Maruti Suzuki division in India. 'I should say that we spoke about the Chinese, but in the next two weeks, we'll also be engaging with both Japan and India. You would know that Suzuki has a great presence in the country right now, and we will be visiting. 'So whilst it's a Japanese company, they're exporting from India to the South African market. So we'll be touching (base with) both the parent company and the company that's exporting into the South African market to see how we can cooperate and collaborate, on the basis of seeking to attract them as an investor into our country. 'So we're not holding the stick as a starting point. We start with the carrot and then balance it with the stick," Tau concluded. IOL has approached Suzuki Auto for commentary and will update the story in due course. It's not just Suzuki that imports vehicles from India. Many of the smaller Toyotas, such as the Suzuki-built Starlet, Vitz, Rumion, and Urban Cruiser, are also sourced from there, as are other high-volume products from Korean brands, most notably the Hyundai Grand i10 and Kia Sonet. Tata is also set to re-enter the South African market later this month. While Chinese imports accounted for just 11% of vehicle sales last year, this number is growing rapidly, and with a raft of new brands set to launch in the near future, including Lepas, iCaur, and the reintroduction of Geely, it would appear that our market is in real danger of being saturated. Consider that the country already has 16 Chinese brands, with Chery and GWM/Haval now fixtures in the top 10 sales list. Can our market realistically accommodate so many brands? Brandon Cohen, Chairperson of the National Automobile Dealer's Association (NADA), commented that South Africa is a relatively small market that already has one of the largest offerings of brands and derivatives locally. This benefits the buyer as it provides fierce competition. However, when it comes to the long-term sustainability of such a prolific brand count, Cohen feels the market will achieve a balance in the not-too-distant future. 'With consumers under extreme financial strain and new offerings that cater for high specification at competitive pricing, it is natural that those entities who cannot compete will suffer,' Cohen told IOL. 'I do, however, think that with certain brands remaining highly aspirational and product life cycles bringing new and exciting cars to market on a regular basis, we may see some brands recover while others could certainly fall away.' Ultimately, their feasibility will depend on economic growth. 'Unfortunately, the market is only so big and is completely dependent on the growth of the economy and jobs. At present, we are still not selling the number of vehicles we were doing before COVID, and without growth, the share of sales will need to keep dividing amongst the brands on offer,' Cohen added. 'If we can get the economy to grow meaningfully, I think more brands will see a brighter future.' IOL Motoring

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store