The South African business legend who fought for 28 years to build one of the country’s most iconic shopping malls

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 61%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Dr Richard Maponya—known as the “grandfather of black business”—built a retail empire despite the shackles of apartheid.

Dr Richard Maponya overcame apartheid-era obstacles to build a business empire, including the renowned Maponya Mall.

With a qualification under his belt, he moved to Johannesburg in 1948 in search of a teaching post. “When he got promoted, he called me to his office and thanked me for helping him reach that point.

“I started with a butchery, then a fruit and vegetable store, and then a grocery store with two tables inside where we sold cooked food,” he said.However, Maponya struggled with getting the right people to manage the stores. Mountain Motors became the first black-owned garage to have a motor vehicle dealership. Like his other businesses, it took off.“That made history…. it was history that a black man would sell cars those days… I would get an allocation of about 30 cars per month, and I would sell all of them in a week… I would borrow cars from other dealers and sell three times my allocation per month,” he said.

In 1979, Maponya acquired land for the mall on a 100-year lease. In 1994, South Africa became a democracy. After several attempts, he was able to acquire it outright.“You won’t believe it if I tell you I started building it on the 28th year. They said the people of Soweto would never support a mall in Soweto because they want to shop in the city where there are brighter lights, and I told them it’s not true,” said Maponyane.

“I am very proud of the mall. It can stand anywhere in the world and compete. I am proud I have built something for the people of Soweto because I have always wanted it to be an economic hub.”

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 24. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Strong growth for South African software development company CodehesionSouth African software development company Codehesion has achieved strong growth over the past two years, more than doubling its revenue and staff size.
Fonte: BusinessTechSA - 🏆 24. / 61 Leggi di più »