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Doing Business In … South Africa

About 9,000 miles from American shores, Georgia native Mary L. Harris calls the shots. As CEO of J.M. Products SA (Pty) Ltd., with 21 full-time employees and 100 sales and merchandising agents, Harris heads up a company that manufactures and distributes ethnic haircare products in South Africa, Nigeria, Zimbabwe, Namibia, Angola, Ghana, and other African nations.

Sizzling Returns

Thompson hospitality was in crisis mode. Founded a few months earlier in 1992 when CEO Warren M. Thompson negotiated a leveraged buyout of 31 Big Boy restaurants from Marriott Corp., the fledgling company was neck-deep in debt. Herndon, Virginia-based Thompson Hospitality Corp. (No. 12 on the BE industrial/service companies list with $321 million in revenues) acquired the Washington, D.C., Maryland, and Virginia restaurants for $13.1 million. THC also raised $1.9 million in capital from about 25 investors, and Thompson anted up about $100,000 of his own cash to convert the locations into Shoney’s restaurants. But the transaction wasn’t going according to plan.

Young Activists Honored At Apollo Theatre

Young Activists Honored At Apollo Theatre

More than 1,000 supporters gathered at Harlem’s Apollo Theater June 4 to honor five outstanding youth at the Do Something Awards “Sweet 16” annual celebration. The big winners of the evening were Marvelyn Brown, 25, an HIV/AIDS activist; Eric Glustrom, 24, the founder of Educate! which teaches leadership across Uganda; Maggie Doyne, 22, a human-rights activist who assists orphans and displaced children in Nepal; David Burstein, 20, a voting activist; and Darius Weems, 19, an advocate for disability rights and Duchene Muscular Dystrophy funding. Each of the nominees won $10,000 for their cause. Doyne won the $100,000 grand prize, which she plans to use toward building a school in Nepal.

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