Sandile Zungu elected president of the Black Business Council | Fin24
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Sandile Zungu elected president of the Black Business Council

Aug 08 2018 11:34
Lameez Omarjee

Businessman Sandile Zungu has been elected as the new president of the Black Business Council.

The BBC, which represents black professionals, business associations and chambers, held elections for its office bearers on Tuesday.

Zungu will take over from Acting President Gilbert Mosena, who stepped in to fill the role after former president Danisa Baloyi was suspended. Baloyi was implicated in a scandal where a R5m donation from the Airports Company of South Africa went missing.

In light of Baloyi's suspension, the business advocacy body had decided to hold an early election to "refresh" its national office bearers". 

Zungu is a "well-respected and celebrated business leader", the BBC said in a statement on Wednesday morning. He is the founder and executive chairman of Zungu Investments and holds a bachelor of science degree in chemical engineering from the University of Cape Town. He also holds an MBA from UCT's Graduate School of Business, and has a Program for Global Leadership certificate from Harvard University.  

Other office bearers elected on Tuesday include:

  • Mining executive Bridgette Radebe as the chairperson of the council;
  • President of the South African Institute of Black Property Practitioners, Nkuli Bogopa, as vice president of professionals;
  • Keith Thabo, the BBC’s ICT portfolio committee chairperson, as vice president of organised business.

The BBC's CEO, Kganki Matabane, thanked the previous leadership for steering the organisation under "trying circumstances" and wished the new leadership well in their task of transforming the black business landscape. 

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