Saki Macozoma

Sakumzi J. Macozoma (Saki) (12 May 1957 - ) is a South African businessman, politician, and former political activist.

Saki Macozoma is currently the Deputy Chairman of Safika Holdings (Pty) Ltd., and Chairman of STANLIB, Andisa Capital and Liberty Group. He is also a member of the National Executive Committee of the African National Congress (since 1991). He was a Member of Parliament after the first democratic elections in South Africa in 1994, but resigned in 1996 in order to become Managing Director of Transnet.

During the Apartheid era, he was a political activist; as a result, he was imprisoned for five years in the notorious prison on Robben Island.

He studied political science, economics and journalism at the University of South Africa (UNISA) and Boston University, USA, and holds a B.A. degree from UNISA.

In March 2008 he admitted major involvement in an ANC funding corruption scandal involving using his business connections to divert R9 million from a major BEE deal to the ANC's funding vehicle, Chancellor House.

External links

* [http://www.mg.co.za/articlePage.aspx?articleid=280442 "Anatomy of fast money": newspaper article in the Mail & Guardian]
* [http://www.safika.co.za/cgi-bin/safika/load.pl?saki Safika Holdings: short bio]
* [http://www.outward-bound.org/conference/2006/download/SakiBio.doc Short biographical note (Word Document)]
* [http://www.anc.org.za/ancdocs/pubs/umrabulo/umrabulo22/capitalist.html Article by Saki Macozoma: "Can a capitalist system produce socialist results?"]