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Business Unity South Africa (BUSA) notes with sadness the loss of one of South Africa’s most iconic business figures, Mr. Raymond Ackerman. His remarkable legacy and resolute commitment to championing consumer rights, promoting inclusivity, and fostering an entrepreneurial spirit set a benchmark at that time.

Throughout his life, Mr. Ackerman was a retail pioneer who challenged the inclusion of VAT on essential food items and reducing the cost of daily essentials, thus positioning himself as a true advocate for the South African consumer.

His philanthropic endeavours speak volumes about his dedication to empowerment and upliftment. The Ackerman Family Trust's commendable support of education has resulted in the graduation of hundreds from diverse professional backgrounds, reaffirming his belief in the transformative power of education.

Mr. Ackerman's remarkable journey in the South African business sector has left an indelible mark. His visionary leadership, unwavering commitment to ethical business practices, and loyal belief in the power of unity to drive South Africa forward have inspired countless individuals, both within and outside the business sector.

BUSA CEO, Cas Coovadia said, “The loss of Mr. Ackerman is profoundly felt across the length and breadth of South Africa. His legacy is one of resilience, integrity, and dedication. Raymond Ackerman was a trailblazer in the truest sense.

"We aim to honour him by continuing to drive business growth, unity, and prosperity in our beloved nation."

BUSA extends its heartfelt condolences to the Ackerman family and to everyone whose life was touched by this remarkable man. We have lost a titan, but his legacy will continue to inspire and guide us for generations to come.

Issued by Business Unity SA CEO Cas Coovadia