Updated: March 1, 2021
Dr Maponya, widely respected as the doyen of black business, passed away in Johannesburg just a few days after his 99th birthday.
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“We have lost a pioneer, a trailblazer and a man of extraordinary fortitude who paved the way for the racial transformation of the South African economy,” President Ramaphosa said.
“Dr Maponya’s life is a testament to resilience, determination and the power of vision: namely to see black business grow to assume its full role as the key participant and driver of our economy,” President Ramaphosa said.