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You are here: Home / News / Dr Motsuenyane: A torchbearer of black economic empowerment

Dr Motsuenyane: A torchbearer of black economic empowerment

1 May 2024 by Guest

Dr Motsuenyane: A torchbearer of black economic empowerment

Small Business Development Minister, Stella Ndabeni-Abrahams, has described the late Dr Sam Motsuenyane as a doyen of black business and a torchbearer of black economic empowerment.

“He represents a generation of black entrepreneurs who, despite formidable odds, managed to take their destinies into their own hands and built business empires whose successes defied the apartheid logic,” Ndabeni-Abrahams said.

The Minister said Dr Motsuenyane contributed enormously to the downfall of apartheid and was one of the architects of South Africa’s new democracy. 

Dr Motsuenyane died at the age of 97 on Monday.

As a co-founder of the National African Federated Chamber of Commerce and Industry (NAFCOC), he will be remembered as a tireless advocate and defender of the interests of black business in the country, especially during the dark days of apartheid. 

“As we proudly celebrate his legacy and the mark he made in pursuit of black economic emancipation, we are also reminded of his pioneering roles, including the establishment of the African Bank. It shall be recalled that the apartheid regime denied the black majority the right to trade and conduct businesses of their choice. 

“With the laws of the land and economic policies heavily stacked against them and with policies intended to squeeze them out of economic activity, Dr Motsuenyane and his peers rose and emerged to become business icons of our nation. We salute them for carving their own path despite heavy odds stacked against them,” the Minister said.

Ndabeni-Abrahams noted that Dr Motsuenyane’s exemplary life is that of an ordinary son of the soil who, during his lifetime, demonstrated extraordinary courage and gave his nation hope. 

“His towering, yet gentle presence in our midst, always gave us the assurance that we stand on the shoulders of giants [and] as the Ministry of Small Business Development, we are inspired by Dr Motsuenyane’s legacy. 

“The best tribute we can pay in honour of his memory and legacy is to devote our collective efforts towards building and sustaining the township and village economy, and to intensify broad-based black economic empowerment.

“In his name and memory, we will intensify our efforts to empower small businesses and promote entrepreneurship,” Ndabeni-Abrahams said. – SAnews.gov.za

GabiK
Wed, 05/01/2024 – 11:56

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Small Business Development Minister, Stella Ndabeni-Abrahams, has described the late Dr Sam Motsuenyane as a doyen of black business and a torchbearer of black economic empowerment.

“He represents a generation of black entrepreneurs who, despite formidable odds, managed to take their destinies into their own hands and built business empires whose successes defied the apartheid logic,” Ndabeni-Abrahams said.

The Minister said Dr Motsuenyane contributed enormously to the downfall of apartheid and was one of the architects of South Africa’s new democracy. 

Dr Motsuenyane died at the age of 97 on Monday.

As a co-founder of the National African Federated Chamber of Commerce and Industry (NAFCOC), he will be remembered as a tireless advocate and defender of the interests of black business in the country, especially during the dark days of apartheid. 

“As we proudly celebrate his legacy and the mark he made in pursuit of black economic emancipation, we are also reminded of his pioneering roles, including the establishment of the African Bank. It shall be recalled that the apartheid regime denied the black majority the right to trade and conduct businesses of their choice. 

“With the laws of the land and economic policies heavily stacked against them and with policies intended to squeeze them out of economic activity, Dr Motsuenyane and his peers rose and emerged to become business icons of our nation. We salute them for carving their own path despite heavy odds stacked against them,” the Minister said.

Ndabeni-Abrahams noted that Dr Motsuenyane’s exemplary life is that of an ordinary son of the soil who, during his lifetime, demonstrated extraordinary courage and gave his nation hope. 

“His towering, yet gentle presence in our midst, always gave us the assurance that we stand on the shoulders of giants [and] as the Ministry of Small Business Development, we are inspired by Dr Motsuenyane’s legacy. 

“The best tribute we can pay in honour of his memory and legacy is to devote our collective efforts towards building and sustaining the township and village economy, and to intensify broad-based black economic empowerment.

“In his name and memory, we will intensify our efforts to empower small businesses and promote entrepreneurship,” Ndabeni-Abrahams said. – SAnews.gov.za

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Category: NewsTag: 2024, Africa, African, business, Defender, new, ONE, SA News, South Africa

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    1 May 2024 at 1:12 pm

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