Media Statement
Pretoria: 02 May 2024
The Government Employees Pension Fund (GEPF) has noted with sadness the passing away of Dr Samuel Motsuenyane.
Commenting on the role Dr Motsuenyane played in the South African economy, the Chairperson of the GEPF, Dondo Mogajane stated, “South Africa has lost an inspirational leader who had a profound impact on the development of black business especially during the dark days of apartheid. His bold leadership and unwavering commitment in ensuring that black business takes its rightful place in South Africa remains a key contribution in ensuring an all-inclusive South African economy, especially for the marginalised black entrepreneurs”.
“Dr Motsuenyane, who played a key role in the formation of the African Bank which was formed with the primary purpose of providing capital to black South Africans, contributed immeasurably to the development of black business. His role in the founding of the National African Federated Chamber of Commerce and Industry (Nafcoc) was instrumental in shaping black business in our country”.
On behalf of the GEPF we offer our condolences to the Motsuenyane family.
Issued by:
Government Employees Pension Fund
