R.I.P Dr. Richard Maponya

It is with deep sadness that we inform you of Dr. Richard Maponya’s passing, in the early hours of this morning, Monday, January 6th.

Our sincerest condolences go to the Maponya family.

Maponya will be remembered for his momentous contributions to Black business development. With a background in teaching and having started his own small grocery stores in the 1950s which gradually expanded, Maponya believed in the power and possibility of entrepreneurship. He founded the National African Federated Chamber of Commerce and Industry (Nafcoc) in 1964 to support and sustain small businesses.

His passion for development and his dream of a better South Africa form the foundations of his legacy. His name lives on in the 65,000m² Maponya Mall in Soweto, a cornerstone of township development, which he opened in 2007 with Madiba himself there to cut the ribbon.

Having left us at the exceptional age of 99, Maponya’s story will continue to inspire. Grown out adversity, he became one of the most successful and influential figures of our time. He will be remembered as a pioneer in our country’s business development, most prominently bringing income and infrastructure to Soweto in the form of the Maponya Mall.

Robala ka khotso, ntate Richard Maponya.