Stewart Cohen honoured with GSB Director’s Alumni Award

Stewart Cohen and GSB Director Catherine Duggan

Stewart Cohen, co-founder and Honorary Chairman of Mr Price Group South Africa, has received the prestigious Lifetime Achievement GSB Director’s Alumni Award. Presented by GSB Director Catherine Duggan on October 21, 2023, this esteemed accolade honours alumni who have made a remarkable impact on society or dedicated their lives to a noble cause.

… it was my honour to name Stewart Cohen (GSB MBA 1969) the inaugural recipient of this award. One of the School’s most distinguished alumni, Stewart is the co-founder and Honorary Chairman of Mr Price Group South Africa, which now has more than 2,500 stores and employs more than 25,000 people. An extraordinary entrepreneur with an unshakeable belief in the power of entrepreneurship and management education, Stewart was a founding donor and long-time Chair of the GSB Foundation — in addition to establishing the Mr Price Foundation, which is focused on education and skills development for youth empowerment, and pioneering the innovative Startup School, which provides innovative, practical and flexible entrepreneurship training and is helmed and supported by GSB alumni.

Under Stewart’s leadership the GSB Foundation raised money for scholarships that have made it possible for remarkable students to join the GSB’s programmes, and both he and the Foundation have been stalwart supporters of the School. Stewart has always been incredibly generous with his time and insights — both as GSB Foundation Chair and in his personal capacity — which have contributed immensely to the GSB’s continued development. On my own behalf, as well as on behalf of the School and broader community, I can say that the GSB would not be where it is today without Stewart’s efforts. We could not ask for a better ambassador for the School or example of the power of business education, an innovative and entrepreneurial mindset and a commitment to social impact.

// Catherine Duggan, December 2023, in 2023 UCT GSB Highlights Alumni Newsletter

Stewart’s dedication and impactful work have profoundly influenced leaders in both business and non-profit organisations, as well as entrepreneurs throughout Africa. His continuous efforts over the years have not gone unnoticed.

As a founding donor and board member of the GSB Foundation, Stewart (MBA’ 69) has played a vital role in providing scholarships for deserving candidates to pursue a GSB MBA. With the foundation’s support, 28 scholars have been able to further their education, and more opportunities are on the horizon.

I strongly believe that all GSB alumni should donate or bequeath funds to the GSB Foundation – to strengthen our alma mater and support deserving students. // Stewart Cohen, December 2023

In addition to his involvement with the foundation, Stewart actively contributes to social initiatives at the GSB Bertha Centre for Social Innovation & Entrepreneurship and the Startup School. Through the Startup School, Stewart and his co-founders have empowered over 2000 entrepreneurs and businesses across Africa, offering education, development, and grants to foster sustainable businesses and vital employment opportunities.

The GSB Foundation and its supporters extend their warmest congratulations and gratitude to Stewart for his ongoing commitment and dedication.

The Annual GSB Director’s Alumni Awards were presented during the Gala Dinner of the Annual Reunion Weekend, held at the UCT GSB Breakwater Campus from October 21 to 23, 2023. The 2023 awards recipients are Mukona Khalushi (PGDip in Management Practice’ 16/17) in the category Alumni Relations and Bruce Isdale (MBA’ 14) in the category Long-Term Contributions. The Lifetime Achievement Award is a category at the discretion of the GSB Director.

Picture: Stewart Cohen and GSB Director Catherine Duggan at the MBA Bellringing event, 4 Dec 2023 at the UCT GSB Breakwater Campus