By: The Black Business Council

The Black Business Council (BBC) has suspended Dr Danisa Baloyi as the President of the council, pending the finalisation of the investigation into the missing R5 million donation from Airport Company of South Africa (ACSA), says George Sebulela, Secretary General. The decision was taken by the BBC National Council held on Thursday 30, November 2017. Amongst other key conditions of suspension included in the requirement that Dr Baloyi not to conduct any activities in the name of the BBC until the matter has been concluded. As stipulated in the council constitution, BBC Vice-President, Gilbert Mosena will be acting in the capacity of BBC President in the interim.

Furthermore, the BBC would like to announce the appointment former Chief Operating Officer (COO) and Executive Director of SENTECH Mr Kganki Matabane to the position of BBC CEO with effect from 01 December 2017. Matabane who spearheaded SENTECH SOC Ltd’s expansion into the rest Africa, will bring to the BBC a wealth of experience in corporate governance. Matabane is a highly-experienced public and private sector professional with notable working experience in various sectors at Executive level. He has previously served as an Executive Director of Operations and Transformation Policy at Business Unity South Africa (BUSA). And held various strategic positions at the Black Management Forum (BMF), Gauteng Provincial Legislature, City Power Johannesburg, Spoornet and Anglo American.

“The BBC warmly welcomes Mr Matabane to the council and we mostly elated with his appointment for not only his exemplary track record and experience, but more specifically his achievements and commitment to transformation. We are  confident that Mr Matabane will champion the BBC’s mission of advancing the cause for black people to become equal participants in the mainstream economy as owners and controllers of enterprises in line with the country’s demographics.”  BBC Secretary General, George Sebulela