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Finalists named for Best Entrepreneur of 1998THE country's Best Entrepreneur of 1998 will be named at a gala dinner in Johannesburg on Thursday night. The award is sponsored by Ernst & Young and Absa. Business Times is the media sponsor. The winner will be part of the International Entrepreneur of the Year Programme. The six finalists are Leo Baxter, CE of soon-to-be-listed MB Technologies, Gervan Lubbe, founder of Techpulse, John Barry, founder of Adcorp Holdings, Peter Jackson of Plasgroup, Adrian Gore of Momentum Health and Keith Kunene of Kunene Bros Holdings. John Barry, head of the R353-million-a-year Adcorp Holdings, left school in Standard 8 and worked through the ranks of various companies before starting what has become Adcorp in 1976. By 1984, the group had annual turnover of R6-million, and it now generates after-tax profits of R14.7-million. Leo Baxter started Tarsus Technologies at the age of 25, and with long-time friend and business partner Mike McGrath went on to establish MB. Baxter, CE and major shareholder of MB, has grown the group from a turnover of about R100-million in 1994 to over R1.2-billion in the current financial year. Adrian Gore of Momentum Health has challenged traditional medical aid thinking. With Momentum Life and Rand Merchant Bank as partners, Gore is changing the idea that entrepreneurial flair cannot flourish in the corporate environment. Peter Jackson created Boplas, a plastic product manufacturing company in the former Bophuthatswana in 1982. The operations were relocated to Centurion and changed into Plasgroup. Keith Kunene is at the helm of one of SA's most successful black groups. With his four brothers, Kunene has transformed his father's fresh milk outlet in Vosloorus into a powerful investment holding company. Gervan Lubbe, named as one of the ten outstanding young people of the world in 1998, is an internationally acclaimed inventor. He has created over 1 000 jobs in SA this year at TechPulse to add to the 450 already employed. He developed a prototype of the APS system, which simulates the body's natural electrical impulses.
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