SIKONATHI MANTSHANTSHA: These are the entrepreneurs all South Africans should emulate
These unrivalled entrepreneurs are among the best and most successful business people of our first quarter-century of democracy
MTN is still one of the resounding successes of democratic SA. So is Capitec The departures of Phuthuma Nhleko and Riaan Stassen from the boards of MTN and Capitec mark the end of an era for this generation of business leaders. Unrivalled entrepreneurs, they were among the best and most successful business people of our first quarter-century of democracy. Their respective businesses came into being at the dawn of the new SA, symbolising the bright promise of a reborn, prosperous nation in which a liberal market economy would unleash the entrepreneurial spirit of the willing. Nhleko and Stassen come from totally different backgrounds — Nhleko from the newly empowered black business elite, and Stassen from the old money of Afrikaner business circles. In the space of a generation, both have made millions of people in SA and abroad wealthy beyond their dreams, thanks to the dividends that have flowed into the pockets of ordinary people. Capital knows no race or skin colour. Profits. Tha...
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