Minister of Trade and Industry Mr Patel Sends Condolences on the Passing of Business Leader Dr Richard Maponya
Following the news of passing away of the entrepreneur and businessman Dr Richard Maponya at the age of 99 years this morning, the Minister of Trade and Industry, Mr Ebrahim Patel has expressed the Ministry’s condolences to his family for their sad loss.
Dr Richard Maponya received the first Lifetime Achievement Award at the inaugural South African Premier Business Awards in March 2013 hosted by the Department of Trade and Industry (the dti), Proudly South African and Brand South Africa.
Dr Maponya was recognised for his contribution to the development of South African business and his contribution to the community during his lifetime.
Dr Maponya leaves behind a legacy that needs to be treasured and built on for the success of black businesses. Dr Maponya was a pioneer in the development of township enterprises and the growth of black business. He contributed to the development of a voice for black entrepreneurs and was involved in a number of community initiatives.
The award presented by the dti recognises business excellence and honours enterprises which promote innovation, job creation, good business ethics and quality, they are designed to showcase the best that South Africa has to offer in terms of businesses, products and services.
Among his many business ventures is the Maponya Mall in Pimville, Soweto.
The democratic government after 1994 took a number of steps to promote the development of black-owned enterprises and to nurture young entrepreneurs.
Dr Maponya’s efforts to build successful enterprises left a legacy that should inspire a new generation of business leaders that will contribute in transforming the economy of this country.
“Dr Maponya remained active for many years after he stepped down from running his businesses. He will be missed in the community and business world and we extend our condolences to his family and loved ones. In the next year, we are stepping up efforts to deepen economic inclusion, particularly for young people, workers and local communities,” says Minister Patel.
Sidwell Medupe-Departmental Spokesperson
Tel: (012) 394 1650
Mobile: 079 492 1774
Issued by: The Department of Trade and Industry
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