BMF Young Professionals Induction

By Dr Reuel J Khoza – Chairman of Aka Capital and Nedbank Group Limited  I  22 February 2014

1. WHY WAS THE BMF ESTABLISHED

1.1 1977 Founding

Eric Mafuna, Alf Ngalaluma, Hubert Moloantoa, Windsor Shuenyane

  • One string on the Bow designed to stay the Apartheid Dragon.
  • Other Strings: Black Consciousness Movement; Black People’s Convention; SASO; The World Newspaper, etc.
  • Apartheid: Polities of Oppression; Economics of Exclusion and Exploitation.
  • Fight for Inclusion, Assimilation of Corporate Culture.

1.2 1979: Consolidated Establishing

Enter Don Mkwanazi; Sam Minyuku; Reuel Khoza

  • Reflective Studied Stance: eg. Tokenism in RSA Corporations; Afrocentricity; etc
  • African Business at the Cross Roads: Nature of the Apartheid Beast.

2. THE BMF IN HISTORICAL PERSPECTIVE

2.1 Black Man You are on your own self-definition and taking a stance.
2.2 Black Business Management at the Cross Roads
2.3 Liaison With Political Leadership
2.4 Crafting Black Economic Empowerment
2.5 Co-Leading the African Renaissance: The African in My Dream.

3. BMF’s ROLE TODAY

  • Taking Centre Stage: Socio-Politically; Economically
  • Addressing the Leadership Challenge.