Four months later, South Africa faces a runaway epidemic that has overwhelmed public hospitals in a country where roughly half the population lives below the poverty line, according to the latest government figures from 2015.
“It is a lot safer because then you don’t have to have patients mixing with each other. You test them in their own environment, in the car,”
It was a sombre day for many business people. Hundreds of entrepreneurs, politicians, family and business tycoons came to Rosebank Union Church in Johannesburg to pay tribute to one of the biggest names in Southern Africa who inspired many to follow his brave charge into business. Richard Maponya made a name for himself in business against the odds in apartheid days and mentored a legion of people to carry his empowerment torch into the future. Many paid tribute to a life dedicated not only to business, but to helping others.
A memorial service is set for tomorrow morning to commemorate the remarkable life of businessman Richard Maponya. The father of black business in South Africa died in the early hours of Monday morning, aged 99. The memorial service will be held at 10 AM at Rosebank Union Church in Johannesburg. CNBC Africa takes a look at the life of the man.
Sad news breaking this morning. Richard Maponya – an icon of black businesspeople in South Africa and beyond, died in the early hours of this morning. Maponya was one of the trailblazers in his country who inspired generations to fight for a place in business. Maponya’s was born in the tiny township of Lenyenye in Limpopo in northern South Africa. He moved across the province to Polokwane where he trained as a teacher. Like many young men of his day he journeyed south to Johannesburg in search of work. The then apartheid laws were stacked against him but Maponya, with sheer grit and determination, worked his way up in business regardless. He started with butcheries and grocery stores and crowned it with opening up Soweto’s first shopping mall at the dawn of democracy in 1994. In a colourful life he dined with the Queen and could count friends from Bill Clinton to Nelson Mandela and Nicky Oppenhiemer. One of his many friends, former Johannesburg Mayor Herman Mashaba joins CNBC Africa to talk about the legacy of Richard Maponya.
The Managing Director and CEO of the Bank of Industry (BOI) in Nigeria, Olukayode Pitan, says the bank signed agreements with four major banks at the 2nd Africa Investment Forum in Johannesburg. He discussed their plans with CNBC Africa’s Kopano Gumbi at the forum.
Africa Investment Forum: We need to translate interests into actual commitments, says AfDB’s Pierre Guislain
At the end of the three-day-long Africa Investment Forum in Johannesburg, the African Development Bank says 52 deals worth $40.1 billion secured investor interest compared to the $37.8 billion last year. CNBC Africa’s Fifi Peters spoke to Pierre Guislain, AfDB's Vice President for Private Sector, Infrastructure & Industrialisation about the next steps.
The main opposition party in South Africa has lost three main leaders in its party. Several more members of the party have crossed the floor in KwaZulu-Natal to the leading party, the ANC. The questions that remains on many South Africans minds now, is where to from here for the DA? Joining CNBC Africa for more is Dr Ivor Sarakinsky, Wits School of Governance.