BEE News.co.za: Maponya did not need BEE to succeed


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October 8, 2007

Maponya did not need BEE to succeed

The opening of Maponya Mall heralds a new chapter in Soweto's rich cultural history. Another milestone for Richard Maponya, and a giant leap for Soweto.

The Maponya Mall offers an important lesson to other townships and black entrepreneurs. Maponya didn't need BEE shares to achieve his dream. It was 28 years of sheer hard work. A reality check to those who think millions are accumulated in a day via BEE deals.

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Posted by StaffWriter at October 8, 2007 8:38 AM

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