The National African Federated Chamber of Commerce and Industry (Nafcoc) conference has elected its former chief executive Sabelo Macingwane as its new president.
Macingwane pipped National African Farmers’ Union (Nafu) president, Motsepe Matlala, for the top spot during a rerun of the presidential seat on Wednesday morning at the Inkosi Albert Luthuli International Convention Centre, in Durban.
Macingwane, who was backed by the Nafcoc Youth Chamber ahead of his election, is meant to give his inaugural speech later today closing the curtain on the two-day conference.
RT @Les2020ic: #NafcocConference newly elected Nafcoc president Sabelo Macingwane and his predecessor Lawrence Mavundla pic.twitter.com/dLXsmb0Yqd
— City Press (@City_Press) November 28, 2018
The election process lasted well into the early hours of Wednesday morning at the Protea Hotel Edward, but the presidential seat was deadlocked on votes and there was a rerun this morning where Macingwane replaced Lawrence Mavundla - who has been at the helm for almost a decade.
READ: Nafcoc presidential race deadlocks as factionalism rears its head
Nafcoc Youth Chamber’s Tshepo Matsaba narrowly lost to Nafcoc Mpumalanga Chairperson Steve Skhosana who is the new secretary.
Gilbert Mosena is the new deputy president, replacing another former presidential candidate Churchill Mrasi.
The new first and second vice presidents are Thandazile Khumalo and Andy Tladi respectively. The new treasurer is Boetie Letsoela while the new chairperson is Isaac Masekwameng.
The long anticipated elections were held under a threat of a court interdict after the organisation received a letter of demand from attorneys representing the sidelined faction led by one of the organisation’s leaders in Limpopo province on Monday.