Tag: Richard Maponya
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.
Richard Maponya, an iconic South African businessman died in the early hours of this morning and condolences continue to pour in from across the country. Maponya was one of the trailblazers in his country who inspired generations to fight for a place in business and worked until his passing at age 99. Gaby Magomola, who is a veteran for fighting anti-apartheid laws and a friend to the entrepreneur, joins CNBC Africa to discuss the legacy of Richard Maponya.
He was one of the big names in business in Africa; as gentlemanly. as he was shrewd. He fought the odds and apartheid to stake his place in business and inspire millions of his countrymen to do the same.
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.