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South Africa mourns trailblazing business Icon, Dr. Sam Motsuenyane

President Ramaphosa pays tribute to the late Dr Sam Motsuenyane, a co-founder of NAFCOC and pioneer of black-owned businesses in South Africa.

 Dr. Motsuenyane passed away on Monday at the age of 97, known for his visionary leadership in business, farming, and philanthropy.

The President extended his heartfelt condolences on behalf of the government to Dr. Motsuenyane’s family, friends, and colleagues. 

He highlighted Dr. Motsuenyane’s remarkable contributions to the establishment of African Bank and his dedication to fostering the development of black-owned businesses and economic liberation in South Africa.

In recognition of his accomplishments, Dr. Motsuenyane was honoured as an Esteemed Member of the National Order of the Baobab (Gold). 

His legacy as a Member of Parliament and South Africa’s first ambassador to the Kingdom of Saudi Arabia will forever be remembered.

President Ramaphosa emphasised the enduring impact of Dr. Motsuenyane’s legacy, particularly in the 60 years since the founding of NAFCOC. 

He described Dr. Motsuenyane’s passing as a profound loss and a reminder of the lasting influence he had on the business community in South Africa.


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