Condolences for former BMF president

Pretoria - President Jacob Zuma has expressed his deep sadness at the passing of the former President of the Black Management Forum (BMF), Lot Ndlovu, who succumbed to cancer on Thursday.

"He was one of the pioneers of Black Economic Empowerment (BEE). We are very proud as a country to have produced and nurtured such a leader. We will forever value his contribution to both BEE and the development of black managerial talent and expertise. 

"I would like to convey our condolences on behalf of government and the people of South Africa. May his soul rest in peace," President Zuma said.

Ndlovu was CEO of Peoples Bank, a division of the Nedbank Group. He was president of the BMF from 1995 to 1999. – SAnews.gov.za