BUSINESS tycoon Zunaid Moti, the founder of the Moti Group, has stepped down from the business as its new CEO, the former director-general of the National Treasury, Dondo Mogajane, steers the company to greater growth.
In a statement yesterday, the Moti Group said Mogajane, who was appointed as CEO in June last year, and Zunaid Moti’s son, executive chairperson Mikaeel Moti, would lead the firm as the group seeks to grow to become a major player on the African and international stage.
The Moti Group is a multibillion-rand private family-owned investment group of companies, with wide interests in a wide range of industries such as property development, car financing, aviation, mining and bene- ficiation. The group is also a black-owned business, which employs more than 1 000 people across…
