Saki Macozoma

Last updated

Sakumzi Justice Macozoma (Saki) (born 1957) is a South African former political prisoner who is now one of South Africa's most prominent businessman and a leader in civil society.

Contents

Early life and education

Macozoma was born in Port Elizabeth on 12 May 1957. He studied political science, economics, and journalism at the University of South Africa (UNISA) and at Boston University in the USA. He holds a BA degree from Unisa. [1] [2]

Political and business life

After spending five years in prison alongside Nelson Mandela on Robben Island for anti-apartheid activities he joined the South African Council of Churches. He also worked for the African National Congress (ANC) and South African Breweries. Macozoma is one of a small group of former ANC politicians who left politics and rapidly became successful in the business world. [3] He became an ANC Member of Parliament in 1994 but left the legislature in 1996 to become managing director of Transnet Limited, South Africa's largest parastatal and South African Railways and Harbours Administration. During this time he was also chairman of South African Airways. [1]

Makozoma is chairman of Vodacom Group Limited, [4] Tshipi é Ntle Manganese Mining (Pty) Limited, international investment house, Safika Holdings and Ntsimbintle Mining BEE, which is owned by a number of Black Economic Empowerment groups and Safika Resources Limited. Safika Resources is a 100% owned subsidiary of Safika Holdings Limited and has a 74% interest in Ntsimbintle Newco Mining that in turn own a 50.1% interest in Tshipi é Ntle Manganese Mining (Pty) Limited. [5] He is also a director of Volkswagen South Africa. OM Holdings Limited, a Singapore-based Australian Stock Exchange quoted company, own a 26% interest in Ntsimbintle Newco Mining. Jupiter Mining Limited, a public quoted Australian company on the Australian Securities Exchange ASX, own 49.9% of Tshipi é Ntle Manganese Mining (Pty) Ltd – Nsimbintle Holdings Limited owns a 19.9% interest in Jupiter Mining Limited. [6] Tshipi abandoned its sale of the company and will no longer IPO in South Africa as previously planned. [7] Jupiter Kalahari (Mauritius) Limited, 100% owned subsidiary of Jupiter Mining Limited, exited a joint venture agreement with OM Tshipi(s)PTE on 11 April 2017. The venture marketed all Manganese ore produced at the Tshipi Borwa Mine. [8] OM Tshipi(s)PTE will continue to market Manganese ore from Tshipi Borwa mine.

On 10 August 2021 Macozoma was appointed to his advisory panel by Oscar Mabuyane, the premier of South Africa's Eastern Cape province.

From 2007 to December 2013, Macozoma was chairman of Liberty Holdings. He resigned [9] to concentrate on his business interests. [10] Before joining Standard Bank he was chief executive of New Africa Investments Limited (Nail), a publicly listed investment company with a broad portfolio that included radio stations, outdoor media and the Hertz car rental company.

Macozoma is well known for his work in civil society and is a former chairman of the Council of Higher Education and former chairman of the University of Witwatersrand Council. He is a member of the Board of Governors of Rhodes University and chairman of the Kwazulu Natal Philharmonic Orchestra. [11]

Mr. Macozoma has also served as president of Business Leadership South Africa (African Leadership Academy) and of the President's Big Business Working Group (List of business schools in South Africa) and formerly co-chairman of the Business Trust (South African company law.

He was a member of the National Executive Committee of the African National Congress from 1991 to 2008.

In 2005 Billy Masethla, then director of South Africa's National Intelligence Agency (NIA), was arrested and charged with illegally conducting surveillance of Mr Macozoma and his family. [12]

Move to COPE

On 28 February 2009 Mr. Macozoma briefly joined Congress of the People(COPE), a party that broke away from the ruling African National Congress in 2008. [13] Mr Macozoma is now politically unaffiliated.

Awards

In 2012 Macozoma and former president Nelson Mandela were together awarded the University of South Africa's (UNISA) highest honour, a Calabash award ( South Africa UNISA Calabash Award ) and the UKZN Scholarship Awards, Robben Island alumnus award, [14] designed to honour those imprisoned by the apartheid regime because they fought against the system of State oppression. [15]

The Anglican Church of Southern Africa honoured Macozoma when the Most Rev'd Thabo Makgoba, Archbishop of Cape Town admitted him to the Order of Simon of Cyrene at a meeting of the church's Provincial Synod in Benoni, Gauteng on 1 Oct 2013 [16]

Related Research Articles

<span class="mw-page-title-main">Adelaide–Darwin railway line</span> Adelaide–Darwin railway and associated lines

The Adelaide–Darwin rail corridor consists of the 2975-kilometre (1849-mile) long 1435 mm standard-gauge main line between the South Australian capital city of Adelaide and the Northern Territory capital of Darwin, and the lines immediately connected to it. Preceded by a number of other shorter railways, a transcontinental line through to Darwin was only fully realised in 2004, when the final link from Alice Springs was opened. The line is used by interstate freight trains operated by Aurizon and by The Ghan passenger train operated by Journey Beyond.

<span class="mw-page-title-main">Tokyo Sexwale</span> South African politician

Mosima Gabriel "Tokyo" Sexwale is a South African businessman, politician, anti-apartheid activist, and former political prisoner. For many years, Sexwale was imprisoned on Robben Island for his anti-apartheid activities, alongside figures such as Nelson Mandela. After the 1994 general election—the first fully democratic election in South Africa—Sexwale became the Premier of Gauteng Province.

Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha.

<span class="mw-page-title-main">National Mineral Development Corporation</span> Indian public sector mining company

NMDC Limited, formerly National Mineral Development Corporation, is an Indian public sector undertaking involved in the exploration of iron ore, rock, gypsum, magnesite, diamond, tin, tungsten, graphite, coal etc. It is India's largest iron ore producer and exporter, producing more than 45 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka. It also operates the only mechanized diamond mine in the country at Panna in Madhya Pradesh.

AECI Limited is a South African chemicals group and is listed on the JSE Securities Exchange.

Mzi Godfrey Khumalo is a South African businessman and mining entrepreneur.

<span class="mw-page-title-main">Eurasian Natural Resources Corporation</span>

Eurasian Natural Resources Corporation PLC (ENRC) was a public, Kazakhstan/Central African-focused, multinational leading diversified natural resources company headquartered in London, United Kingdom. It had activities in integrated mining, processing, energy, logistics and marketing.

<span class="mw-page-title-main">Macmahon Holdings</span> Company based in Perth, Western Australia

Macmahon Holdings Limited is a holding company founded by Brian Macmahon, an Adelaide civil engineer, in 1963. It is based in Perth, Western Australia, with offices in Queensland, South Australia, Indonesia and Malaysia.

Mincom Pty Ltd was a software and services company that provides business software to industries including mining, public infrastructure, defence, oil and gas in more than 40 countries across North America, South America, Australia, South East Asia, Africa, and Europe.

Manganese is a chemical element with the symbol Mn and atomic number of 25. It is found as the free element in nature, and in many minerals. The free element is a metal with important industrial metal alloy uses. Manganese ions are variously colored, and are used industrially as pigments and as oxidation chemicals. Manganese (II) ions function as cofactors for a number of enzymes; the element is thus a required trace mineral for all known living organisms.

Chancellor House is a South African holding company managing investments in the mining, engineering, energy and information technology sectors. It is named after Chancellor House, the building where the law firm of Nelson Mandela and Oliver Tambo was located.

Webber Wentzel is an African law firm headquartered in Johannesburg, South Africa. The firm operates in a collaborative alliance with global law firm, Linklaters.

John Barry Prescott is an Australian retired businessman and corporate bureaucrat who was managing director and CEO of BHP from 1991 to 1998. Over his career, he has held numerous positions including chairman of Queensland Rail and ASC Pty Ltd, and director of Newmont Mining Corporation.

Kumba Iron Ore is an iron-ore mining company in South Africa. It is the fifth largest iron-ore producer in the world and the largest in Africa.

<span class="mw-page-title-main">Metal production in Ukraine</span> Dominant heavy industry in the country

Metal production, in particular iron and steel industry, is the dominant heavy industry in Ukraine. Ukraine is the world's eighth largest producer and third largest exporter of iron and steel (2007). Ukrainian iron and steel industry accounts for around 2% of worldwide crude steel output, 5% to 6% of the national gross domestic product and 34% of Ukrainian export revenue. In 2007 it employed 420,000 people – 10% of industrial labor and 2% of the total workforce. It has the highest, by a wide margin, revealed comparative advantage of all branches of the Ukrainian economy. The industry peaked at 42.8 million tonnes in 2007 but has been gravely affected by the financial crisis of 2007–2010 and declined to 29.8 million tonnes in 2009.

Safika Holdings (Pty) Ltd is a private South African investment holding company. Led by Moss Ngoasheng and Saki Macozoma, the company is known for its involvement in lucrative black economic empowerment deals and for its close relationship and reciprocal shareholdings with Standard Bank. It holds international investments in a variety of sectors, including mining and financial services.

<span class="mw-page-title-main">South32</span> Mining and metals company headquartered in Perth, Western Australia

South32 Limited is a mining and metals company headquartered in Perth, Western Australia. It was spun out of BHP Billiton on 18 May 2015. It is listed on the Australian Securities Exchange with secondary listings on the Johannesburg and London Stock Exchanges.

SIMEC Group Ltd is a British international energy and natural resources business focused on resources, sustainable power, infrastructure, and commodities trading. In 2016 it had an annual turnover of almost USD2.5 billion and net assets of USD350 million. It is part of the Gupta Family Group ("GFG") Alliance, owned by members of the Gupta family, which had a combined turnover of more than USD13 billion and combined net assets of more than USD2.3 billion. Its activities span renewable energy generation, mining, shipping, and commodities trading.

Gordon Toll is a career mining industry professional and company director, with long term interests in iron ore mining and magnetite project development. In 2020 he was appointed non-executive director of Free Eyre Ltd and its subsidiary Peninsula Ports Pty Ltd, with the expectation of the company realising the Port Spencer project in South Australia ahead of the summer of 2020-21.

Sitholizwe Mdlalose is a Zimbabwean accountant and corporate executive who was appointed as chief executive officer of Vodacom Tanzania, effective August 2021. Before that, he was the director of finance at Vodacom South Africa, between 2017 and August 2021.

References

  1. 1 2 "Stocks". Bloomberg L.P. Retrieved 17 June 2018.
  2. https://www.sahistory.org.za/people/sakumzi-saki-justice-macozoma%7CSouth African History Online
  3. "Anatomy of fast money". Archived from the original on 28 July 2012. Retrieved 1 November 2007.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  4. "Board of directors | About us | Vodacom Group".
  5. "South Africa's Newest Manganese Mine Blasts First Ore". Investing News Network. 1 November 2012. Retrieved 17 June 2018.
  6. "JUPITER MINES LIMITED : Shareholders Board Members Managers and Company Profile | AU000000JMS1 | MarketScreener".
  7. https://www.metalbulletin.com/Article/3767389/NORTH-AMERICAN-MORNING-BRIEF-1611-Tshipi-mine-sale-cancelled-Lord-Copper-on-nickel-ferrous-scrap.html%7C Tshipi mine sale cancelled
  8. http://www.jupitermines.com/images/jupiter---eiwohzaexu.pdf%7C page 3 of Jupiter Mines Limited's Annual Report 2017
  9. "Liberty chairman Saki Macozoma resigns". Business Day Live. Retrieved 12 May 2015.
  10. "Safika Holdings (Pty) Ltd". Safika Holdings (Pty) Ltd. Retrieved 17 June 2018.
  11. kznphil.org.za/about-us/staff/
  12. ANC Daily News 22 11 2005
  13. Anon (2009). "Senior ANC member leaves for COPE". Independent Online. Independent Newspapers (Pty) Limited. Retrieved 2 October 2013.
  14. "Chancellor's Calabash Award 2012 from UNISA – NMF Archive".
  15. Rivonia Naidu (2012). "Honouring emerging African leaders". University of South Africa. Retrieved 2 October 2013.
  16. Anon (2013). "Anglican Church gives award to Saki Macozoma". Office of the Anglican Archbishop of Cape Town. Archived from the original on 4 October 2013. Retrieved 2 October 2013.