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The BMF congratulates the appointments of Themba Mkhwanazi and July Ndlovu

FOR IMMEDIATE RELEASE
PRESS RELEASE

Johannesburg, South Africa – 28 July 2016

The Black Management Forum (BMF) which is at the forefront of transformation in Corporate South Africa is delighted with the appointments of Themba Mkhwanazi and July Ndlovu to the positions of Kumba Iron Ore CEO and CEO of Anglo America's coal business in South Africa respectively . "We are very thrilled and excited about these appointments. It is very gratifying to us to see that there are still companies who regard transformation as a business imperative and continue to make concerted and deliberate efforts in ensuring that the transformation gains they have achieved as a company are not reversed", says BMF President, Mr. Mncane Mthunzi.

The appointments of Mkhwanazi and Ndlovu go a long way in dispelling the lack of black skills myth that Corporate South Africa continues to use as an excuse for not appointing black executives in these critical positions. "Anglo American has demonstrated their seriousness about succession planning and respect for black talent and leadership. These appointments inspire all of us as black professionals that we have a future in these companies and that our talents can achieve these greater heights", Mthunzi added.

This is far from the arrogant phenomena we have been witnessing lately from Corporate South Africa where black CEOs have been replaced by white CEOs by our own South African companies led by our own and black Chairmans. It is very worrying that our own homegrown companies built on the blood, sweat and strength of our own black people are not at the forefront of driving the transformation agenda and are being surpassed by companies of international origin. 

The Black Management Forum extends its well wishes to Mr Mkhwanazi and Mr Ndlovu and pledges its unwavering support to them and their businesses.

The Black Management Forum stands for the development and empowerment of managerial leadership primarily amongst black people within organisations and the creation of managerial structures and processes, which reflect the demographics, and values of the wider society.

Read more: The BMF congratulates the appointments of Themba Mkhwanazi and July Ndlovu

Inaugural Address for the Don Ndonga Mkhwanazi Lecture

Lecture delivered by Dr. Thami Mazwai 
26 July 2016

Contextualising Dr Don Bongani Mkhwanazi ’s crusade and frustrations on BEE and the transformation of the economy

Early this month we were gathered in the adjoining ICC to bid farewell to Dr Don Bongani Mkhwanazi, a doyen of black business and one of the foremost champions of the economic transformation of post-apartheid South Africa. Ndonga, as many of us called him, ebengumntu ebantwini. I am thus deeply honoured to be asked to give the first Don Mkhwanazi Memorial Lecture as, in many respects, Ndonga was the personification of BEE. He was supposed to have given this lecture which was part of a provincial series to commemorate the 40th anniversary of the founding of the Black Management Forum (BMF).

In its wisdom, the current leadership asked former presidents to give these lectures at the planned provincial gatherings to link the past withthefuture, and ensure consistency of purpose and vision. Although I am not a former president of the BMF, the task fell on me to give this lecture because Ndonga and I held hands as we walked this path. Still, this is a daunting challenge for humble me to pay tribute to a stalwart of such magnitude. To get to the point, BEE has consistently been contested by many in the private sector,international community and its multinationals who persistently maintain that it constrains FDI and our participation in the global market. We respond by reminding these of the numerous countries in which they comply with demands in terms of local participation, to no avail. 

CLICK HERE to download the full speech


Shortened biography of Dr. Thami Mazwai, July 2016

Dr. Thami Mazwai is Special Advisor to the Minister of Small Business Development. He is on the National Planning Commission and his brief is on small business. He is also a member of the President’s Advisory Council on BBBEE. He is Extra-Ordinary Professor of Entrepreneurship at the University of the Western Cape (UWC); resident executive at the Wits Business School and Adjunct Professor of Entrepreneurship at the University of Fort Hare....

The below image is a picture of part of the audience at the event

 

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