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The National  African Federated Chamber of Commerce and Industry (NAFCOC) congratulate Patrice Motsepe who had been selected by Forbes as one of the 100 greatest living business minds. Motsepe is the former Nafcoc President, and joins the doyens of  black business and achievers who came from Nafcoc. "Nafcoc is particularly proud and inspired by Motsepe's accolades and achievement" Monga Phaladi, Secretary General of Nafcoc said.

Meanwhile Nafcoc also welcomed the decision of the South African Reserve Bank Monetary Committee decision to keep the repo rate unchanged. "This decision will ensure that the fragile recovery that we have seen in the last quarter gains traction" Said Landiwe Mahlangu Nafcoc Chief Economist.

Nafcoc recently announced that it will commence with consultation on Radical Economic Transformation. Nafcoc had always called upon the for a structured engagement and dialogue on the current economic situation and challenges.

Issued by NAFCOC