Dr Samuel Motsuenyane, a founding member of the National African Federated Chamber of Commerce and Industry and an integral player in the formation of African Bank, has passed away at the age of 97.
Motsuenyane was dubbed the “Father of Black Business” due to his contributions in establishing and mentoring Black business executives and entrepreneurs. African Bank’s founding chairman, Motsuenyane, helped start the bank with just R70 and opened its first branch in 1975.
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