Indeed a great tree has fallen as NAFCOC mourns the passing of Dr. Archie Siphiwo Nkonyeni a beacon of black business and one of the distinct NAFCOC’s former Presidents. Dr Archie Siphiwo Nkonyeni joined NAFCOC in 1981 and served as Senior Vice President from 1988 to 1990, Deputy President from 1990 to 1992 and National President of NAFCOC from 1992 to 1994. He has been a successful entrepreneur in a wide variety of businesses, from the 1960s to date.

Dr. Nkonyeni has served on several boards of companies and committees, including Tiger Oats Limited, SA Post Office, Eskom, The Decentralisation Board, Committee of the JSE and Transkei Development Corporation. Dr. Nkonyeni was an accountant by qualification and training with a Bcom Hon and DCom (honorary), an Independent non-executive chairman of Resilient Property Income fund amongst many of his roles, he was also an empowerment champion and mentor to many young businesspersons, an author and writer who wrote his books, Black Property Pioneer and a Capitalists without Capital.

Dr. Nkonyeni was an influential business leader with many business interests, his two passions being property development and agriculture. Dr .Nkonyeni was a giant, one of the best brains South Africa and NAFCOC ever had. He was regarded as one of our leaders who ‘thought out of the box’ and who like Dr Richard Maponya started from the humble beginning especially focusing on rural and township economies. He is known within NAFCOC as very enterprising and a resilient person.

Our sincere condolences to his family and the broader black business community within which he has created sustainable wealth and many jobs.

May his Soul Rest in Eternal Peace and Rise in Glory