Bonang Mohale has reached the end of his term as the president of the Black Management Forum (BMF), handing over the reigns to his successor Mncane Mthunzi.
Mohale leaves the BMF at a time when black CEOs in the JSE companies had dropped and concerns raised that BMF hasn't been effective in transformation issues.
CapeTalk and 702 presenter Redi Tlhabi spoke to Mohale about his tenure as the leader of the BMF as well as the forum's relevance.
Listen to the full conversation from The Redi Tlhabi Show:
He made a commitment to serve for a single term as the BMF's president and said his mandate was a combination of boosting investment in black business and transformation of the South African economy.
According to Mohale, corporate membership at the BMF has increased four-fold and individual members have grown by 134%.
@RediTlhabi Ntate Mohale is my hero. He is awake, on point & on the ball. Please ask him about the black company representative in the JSE.— Mongezi Mbebe (@Nhonho_Mbebe) October 12, 2015
Bonang conveniently omits racism. @RediTlhabi that's why the economy is in ruins.— Toni G (@toni_gon) October 12, 2015
@RediTlhabi Bonang for president 😊— Cav (@_cavii_) October 12, 2015
@RediTlhabi It's not about acceleration of the previous disadvantaged but the nurturing & the grooming of them to create a thriving economy— Haddy (@haddymo) October 12, 2015
@RediTlhabi Bonang Mohale is the real deal! Why not second him to government to replace one of the SACP dinosaurs?— Ashley Mendelowitz (@AshMendelo) October 12, 2015
This article first appeared on 702 : BMF has always prioritised economic transformation - Bonang Mohale