Pioneering cofounder of Nafcoc was also first chair of African Bank

Sam Motsuenyane who has died at 97 was the founding father of black business in South Africa

05 May 2024 - 00:00
By CHRIS BARRON

Motsuenyane wanted above all things to see black people becoming agents of their own development. For this reason he supported African entrepreneurship as strongly as he disapproved of the way the ANC’s BEE policy had developed, which he felt discouraged self-reliance.

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