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Nafcoc repositions itself

By unknown | Sep 26, 2007 | COMMENTS [ 0 ]

Frank Maponya

Frank Maponya

Nafcoc in Limpopo yesterday committed itself to the development of an empowerment strategy to help position the organisation as an economic transformation agent in the province.

This was said during the announcement of the organisation's new executive committee in Polokwane yesterday.

Nafcoc has in the past two years experienced conflicts, which led to serious division among members.

The conflict led to the organisation splitting to two groups that did not see eye to eye.

The new leadership, comprising members of the two warring factions, is led by Isaac Masekwameng. It was elected earlier this month.

"Having achieved unity in the province, Nafcoc has already embarked on a process to empower its members through the allocation of shares for qualifying and dedicated members," Masekwameng said.

He said Nafcoc has established the Nafcoc Limpopo Trust to allocate shares to members.

"The trust, together with the unique and broad-based empowerment company to be launched soon, will be used to identify business opportunities, negotiate meaningful empowerment stakes with the mines, game farmers, big agro-business, financial, healthcare and technological companies for the benefit of Nafcoc members."

Other members of Limpopo's executive council are Gibert Mosena, who was elected deputy president, and Kentse Makgae, first vice-president.

Tsakani Nkambule is the new secretary general and Themba Maluleke is her deputy. Robert Livhoyi was elected treasurer general, and additional members are Regina Shai, Tom Boya and KJ Vilakazi.


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