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Lot Ndlovu Memorial Lecture Speech - Dr. Reuel Khoza

Introduction

I am delighted to join you on this occasion, the third Lot Ndlovu Memorial Lecture.  

Lot cared to reflect, cogitate, and even to contemplate the plight and future of our beloved country, South Africa.  It thus behoves us in his memory to pause for a moment, to reflect on the state of our political economy.  Lot Ndlovu was no idle armchair sophist, he was a pragmatic thinker and committed doer.  Even in this regard, we need to pluck a leaf out of Lot’s life.  

Lot Ndlovu and I had a few things in common.  Among these was our abiding admiration for Fredrick Douglass, a nineteenth century African American leader of great stature; about whom James McCune Smith had this to say:

“When a man raises himself from the lowest condition in society to the highest, mankind pays him the tribute to their admiration; when he accomplishes this elevation by native energy guided by prudence and wisdom, their admiration is increased, but when this course, onward and upward, excellent in itself, furthermore proves possible what had hitherto been regarded as an impossible reform, then he becomes a shining light on which the aged look with gladness, the young with hope, the down-trodden as a representative of what they themselves may become.”

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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

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