AN ASTUTE GIANT HAS FALLEN

Press Release

South Africa stands on the shoulders of giants, those brave enough to use whatever means necessary to fight the former apartheid government.

One of those giants was lawyer and later High Court Judge Essa Moosa, who using his astute legal mind stood up in court for struggle activists, aligning himself with those who fought for freedom and those too poor to defend themselves in court.

His passing on Sunday, surrounded by those closest to him, is devastating. Even though he had been ill for some time.

Sekunjalo and Independent Media Executive chairman, Dr Iqbal Survé said on Sunday he was overcome with grief at Judge Moosa’s death.

“During the eighties we knew who to turn to in times of struggle, we knew that if the security police was hunting us, if activists went missing, if people were being held in detention without trial, that our struggle lawyer Essa Moosa would be there. He did not only provide legal counsel, but also gave some of himself to many of us.” Dr Survé’, said: “We do not only salute him for the work he did during the dark days of apartheid, but also for helping usher in a new, just South Africa. When I visited him last week, I thanked him on behalf of all South Africans and for his guidance to so many of us who fought for political and social justice. Our condolences to Judge Moosa’s family, We thank you sharing such a great man with us. Thank you for opening your home and hearts to us for so many decades. ”

Many journalists at Independent Media came across Judge Moosa at some point of their careers. They were exposed to his fairness and astuteness, he was a lawyer that older journalists will remember for his work under apartheid, for many others, as a judge who paved the way for justice in the country.

Independent Media expresses its sadness at Judge Moosa’s passing. He made an incredible impact on journalism and how legal journalism is covered and written about. Echoing Dr Survé’, Independent Media says even though a giant has fallen, his passing makes us remember why he sacrificed so much, so that millions could have freedom.

Hamba Kahle struggle lawyer. Your contribution will be remembered by millions.

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Issued on behalf of Independent Media by:

Lutfia Vajej: Group Executive Marketing and Communications

Email: lutfia.vayej@inl.co.za

Khalid Abdulla, CEO of AEEI opens the JSE in celebration of a multi-award winning year

Press release

– Celebrating an exceptional year of performance, empowerment and governance awards, Khalid Abdulla, Group CEO of African Equity Empowerment Investments Limited (AEEI), was treated by The Johannesburg Stock Exchange (JSE) to the sound of its mystical Kudu horn, as he officially opened the markets this morning.

The blowing of the horn (ringing of the bell) has become somewhat of a tradition, although usually reserved for companies that are being listed on the stock exchange. However, Abdulla and AEEI were accorded the honour by virtue of the fact that the company has shown consistent financial growth over several years, with a particularly impressive trading period in the past 12 months and recognised by its peers with several top awards and consistent financial performance.

As testament to its forward thinking approach, its high standards and its ability to deliver results, AEEI was recently recognised by Empowerdex in its annual benchmark of JSE Listed companies as the Most Empowered Company, the Most Empowered Management Control, listed by the Financial Mail as a Top 10 Performer on the JSE for financial performance and was also ranked by IRAS as the Top Performer for the highest SDTI for governance in the Sector: Financial Services – Other.

Accolades for its proficiency are well deserved. It has increased its current market cap to almost R2 billion from R500 million over the past three years, posted consistent above market year-on-year growth, with a record 53% increase in operating profit, and its Net Asset Value (NAV) increasing by 21% for the year to end August 2016. This is made all the more remarkable when considering the tough economic conditions of the times.

Following its ‘Vision 2020 Vision’ strategy which continues to have a positive impact on the growth progression and operational efficiency of all five divisions of this diversified Investment Company. Consistent performance, coupled with increased brand awareness and recognition, its acquisitions and the value it unlocks in its operations as well as strategic investments (like Saab Grintek Defence, British Telecommunication Services South Africa (Pty) Ltd Pioneer Foods Group Limited and asset management company, Sygnia Limited) is attracting investor interest and growing confidence. The company has also created significant stakeholder value.

As one of South Africa’s leading and most successful black empowered listed companies, Abdulla and his colleagues put their sustained growth, financial success and expanding influence down to a few simple principles; The ability to embrace differences – whether it is experience, outlook or knowledge – observe and truly listen to what is going on around them, not just in business but on the ground, in Communities they come from, and ultimately represent, as well as AEEI’s non-judgemental but openminded approach to business and putting stakeholders first.

This perceptive approach is represented in, and delivered on, by AEEI’s holistic ‘Vision 2020 Vision’ strategy. It is underpinned by the holistic professional capabilities of the management team driven and led by Mr Khalid Abdulla and the organisation’s belief in empowering its staff and one of the key reasons why Abdulla has the honour of opening the Johannesburg Stock Exchange.

Thanking the JSE for awarding AEEI the opportunity, Abdulla said: “This is for each member of the incredible AEEI team (management and staff) who all deserve the recognition and without whom we would not be here today. We are excited about what tomorrow holds.” With that, Abdulla took a deep breath and sounded the future.

As several other additional acquisitions in the new 2017 financial year have already been announced – Puleng Technologies and the most recent being the stake it has taken in Headset Solutions – the predicted listing of its food and fishing, and technology businesses, it may well be sooner, rather than later, that Abdulla’s horn blowing talent is once more tested.

//ends

The top 4 awards again at the end of release:

1. Top financial performance

2. Top empowered company

3. Top empowered management and management controlled company

4. Top award for corporate governance

Should you wish to interview Mr Khalid Abdulla, please contact: Feroza Petersen Communications and Marketing Cell: 082 801 3919