Nominees in both the corporate section and the entrepreneur section need to be South African citizens or residents who are involved in business in South Africa.
In the corporate sector, nominees must be in control of an annual budget in excess of R75 million while in the entrepreneur sector nominees must be involved in enterprises with annual turnover above R35 million.
Other stipulations for nominations are that the nominee must have been with the business entity for at least three years, must have demonstrated the ability to achieve business success and must be a role model. In the entrepreneur category, the nominee must own at least 25% of the business.
Importantly, the objective of the award is to recognise the success of women in business and inspire others to raise their sights and achieve their goals.
"We see the award as an important mechanism to applaud and celebrate women's contribution to the economy," said BWA president Kunyalala Maphisa.
The award ceremony will take place on Tuesday 28 August in Sandton Convention Centre at 7pm, with proceeds from the event going towards its fund that finances bursaries for women looking to further their studies in business. Since 1988, more than R500 000 has been channelled into this programme.
