Portrait – Sam Motsuenyane, African Bank

Portrait – Sam Motsuenyane, African Bank

The founding chair of African Bank. When  African Bank was formed in the 70s by black businessmen, it was meant to help others escape the constraints of apartheid and become financially free.

African Bank made headlines in late 2014 when the bank was placed under curatorship by the Reserve Bank in August after the bank warned of massive losses and said it needed about R8.5 billion in new capital. It was subsequently downgraded by Moody’s.

Photography – Jay Caboz
Location – Winterveld with Sam Motsuenyane
Publication – see the articles in Forbes Africa Magazine Oct 2013 Issue

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