Saki macozoma biography. Africa's Secret Millionaires: Sakumzi "Saki" Macozoma 2022-12-09

Saki macozoma biography Rating: 6,2/10 558 reviews

Saki Macozoma is a prominent South African businessman and political figure. He was born on January 10, 1952 in Gcuwa, Eastern Cape, South Africa. Macozoma received his primary and secondary education in Gcuwa before attending the University of Fort Hare, where he obtained a Bachelor's degree in Economics.

After graduation, Macozoma began his career as an economist at the Development Bank of Southern Africa. He quickly rose through the ranks, becoming the Chief Economist and Deputy Managing Director of the bank by the age of 32. In this role, Macozoma played a key role in the development of economic policy in South Africa during a time of great political and economic change.

In the early 1990s, Macozoma entered the world of politics, serving as the Chief of Staff for the African National Congress (ANC). He played a key role in the negotiations that led to the end of apartheid and the establishment of a democratic government in South Africa.

In 1994, Macozoma was appointed as the Deputy Minister of Trade and Industry in the new South African government. He held this position until 1999, when he was appointed as the Deputy Minister of Transport. In this role, he played a key role in the development and implementation of South Africa's transportation policy.

In addition to his political career, Macozoma has also had a successful business career. He has served on the boards of several large South African companies, including Standard Bank and Sasol, and has served as the chairman of the South African Chamber of Commerce and Industry.

In conclusion, Saki Macozoma is a highly accomplished South African businessman and political figure who has made significant contributions to the development of South Africa. His work in both the public and private sectors has had a lasting impact on the country and its people.

Sakumzi (Saki) Justice Macozoma

saki macozoma biography

Still, he has managed to keep most details about his personal life away from the public domain. A graduate of the University of Botswana, Lesotho, and Swaziland and also the University of Nottingham in the United Kingdom, Tokyo naturally transitioned to politics after the end of apartheid, and he served as a minister at a particular time. During this period, he was also serving as the chairman of the Saki Macozoma SAA appointment as the head was a blessing as he left the airline in a different and better shape than what he took over from his predecessors. Macozoma is well known for his work in civil society and has served as chairman of the Council on Higher Education and the University Council of the University of the Witwatersrand. His Early Life The businessman was brought up in South Africa, where he also started his businesses. Here, the Black Consciousness grouping came into contact with the Rivonia trialists and new ideas. He is also a director of Tutuwa Strategic Holdings 2, which is a subsidiary of Safika, which means Safika owns more than 50 percent in Tutuwa.

Next

Sakumzi ‘Saki’ Macozoma

saki macozoma biography

He went to Tshilidzi Primary School, and from there, he moved to Sekano Ntoane High School in Soweto. Since from an early age, he was taught the importance of diligence and discipline by his grandmother, who always told him he would be rich and healthy if he went to bed early and gets up early. Macozoma did not join Congress of the People COPE , a party that broke away from the ruling African National Congress in 2008. In 1973, Saki refused to submit to corporal punishment, and this led him to be barred from attending any school in the Transkei. At the end of 1983 Macozoma, who had completed a BA through the University of South Africa, received a scholarship to study in the United States.

Next

Saki Macozoma

saki macozoma biography

Tshwete resumed activities with the ANC and become a regional coordinator for the new United Democratic Front. Because his parents wanted him educated in English, rather than through mother tongue medium as prescribed by Bantu education, Macozoma attended mission schools in the Transkei. He was named by Forbes magazine in 2011 as one of the African millionaires to watch. It opened its 500th branch in the rest of Africa during this year and in total Standard Bank has 1 222 branches, including loan centres, and 7 945 ATMs on the African continent. After spending five years imprisoned on Robben Island for anti-apartheid activities, he joined the South African Council of Churches SACC.

Next

10 Richest Black South Africans and Their Net Worth 2022

saki macozoma biography

Saki Macozoma Age, and Birthday Info 2022 How old is Saki Macozoma? How He Made His Money Just as one would expect, it is not politics that has made Tokyo this rich. He has an impressive CV that covers many investments. He is deputy Chairman of Volkswagen Société Anonyme. Â She has become one of the richest women in the country and an important figure in black empowerment. Â She had her education from the University of Botswana. He studied political science, economics and journalism at the University of South Africa Unisa and at Boston University in the USA.

Next

Saki Macozoma bio: age, children, wife, Vodacom, SAA, cars, and house

saki macozoma biography

He has served as chairman of the University Council of the University of the Witwatersrand and the Council for Higher Education, as president of Business Leadership South Africa and as a member of the G20 Business Council. He would end up being jailed for 13 years. It took only a couple of years to build the company value to more than R2. Standard Bank Group is listed on the JSE and the Namibian Stock Exchange. Macozoma was among the 33 students found guilty of terrorism on the grounds that they planned a march in the city centre which, according to the state, would have caused an enormous amount of damage. Nicknamed the Prince of Mines, he is at the head of African Rainbow Minerals, a company he founded. OUTsurance Holdings Limited was formed in 1998 and is an unlisted public company with headquarters in Centurion, South Africa.

Next

Saki Macozoma (born March 12, 1957), South African politician

saki macozoma biography

As we do not have all data currently, we keep some fields blank which we will update soon. Saki Macozoma son is called Luyanda Macozoma. He was sentenced to five years' imprisonment. He also has investments in Sasol Ltd, Exxaro Resources Ltd, and Life at Southern Life Association Ltd. Among his many business engagements are the Tshipi e Ntle Mining, Safika Holdings, among others. Ramaphosa also went to the University of South Africa and the University of Limpopo after his matriculation from Mphaphuli High School in Sibasa, Venda.

Next

Saki Macozoma's biography, fact, career, awards, net worth and life story

saki macozoma biography

Following his release from prison in 1982, Saki played a prominent role in the formation of a number of anti-apartheid organisations, including the United Democratic Front and the Mass Democratic Movement. He resigned to concentrate on his Safika business interests. His playmates included the children of political prisoners serving time on Robben Island. Contact with In a police crackdown, Sizani and others were arrested and charged. He has stakes in various other companies, including Sanlam, and sits as a director in many other flourishing businesses. Height In Centimeters: Not known In Meters: Not known In Feet Inches: Not known Weight In KG: Not known In Pound: Not known Eye Color - Hair Color - Read also: Saki Macozoma Girlfriend and Marital Status Do you want to know whether Saki Macozoma is married or unmarried? After the 1994 general election—the first fully democratic election in South Africa—Sexwale became the Premier of Gauteng Province.

Next

Saki Macozoma Net Worth, Age, Height, Weight, Wife, Wiki

saki macozoma biography

However, the figures can be more significant because he holds stakes in private mining companies like Tshipi mine, among others. We will traverse across the continent seeking out immensely successful, yet low-key tycoons and business leaders who have been largely under-reported, and then tell their stories. The family is not related in any way to Skhumbuzo Macozoma Saki Macozoma house He has several magnificent and high-end dwellings across the country where he resides with his loving family. In 2005 Billy Masethla, then director of South Africa"s National Intelligence Agency National Investigation Agency , was arrested and charged with illegally conducting surveillance of Mr Macozoma and his family. He is also a chairman of Lliso Consulting and a director of Because these companies are not listed, shareholder information in these companies is not readily available to the public, making it almost impossible for anyone to see how much money the shareholders make. Saki Macozoma age He was born Saki Macozoma family Image: instagram.

Next

Africa's Secret Millionaires: Sakumzi "Saki" Macozoma

saki macozoma biography

How He Made His Fortune Not yet done, he started his own mining company AngloGold. In 1998, he was appointed to the board of Standard Bank and later became its deputy chairman. There may have wrong or outdated info, if you find so, please let us know by leaving a comment below. He had to quit these because of his education, but he had already learned the importance of hard work. Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy.

Next