Richard Maponya remembered as ethical, extraordinary business trailblazer

fin24.com

- fin24.com | 2 weeks ago

"We have lost a pioneer, a trailblazer and a man of extraordinary fortitude who paved the way for the racial transformation of the South African economy," President Cyril Ramaphosa said.

He called him a "rare breed of entrepreneur" for refusing to be held back by difficult operating conditions. Acting CEO of Business Unity SA, Cas Coovadia, said Maponya distinguished himself as a successful businessman at a time when it was extremely difficult for black people to start a business.

"Dr Maponya started from humble beginnings during the apartheid period and fought against apartheid legislation to establish and grow his businesses.

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