African Bank founder and ‘Father of Black Business’ dies

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 61%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Dr Samuel Motsuenyane, a Nafcoc founding member and an instrumental player in African Bank’s formation, has passed away.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines