Coal baron enters the Nafcoc fray

2011-05-28 14:21

Coal mining baron Tim Tebeila this week became the latest highly thought of businessman to be sucked into the circus of controversy linked to the National Federated Chamber of Commerce and Industry (Nafcoc).

On Friday a faction that has been against Nafcoc president Lawrence Mavundla held a conference at Sandton’s Southern Sun Hotel and elected Tebeila their president.

However, Mavundla said the elective conference was unconstitutional.

Mavundla said Nafcoc had won an urgent interdict in the South Gauteng High Court which nullified the elective conference.

“The court order states that the meeting was unconstitutional in terms of the Nafcoc constitution,” he said.

He said the court order also states that the faction’s meeting was prohibited from taking resolutions in the name of Nafcoc.

Mavundla said the manner in which the faction has conducted itself was not in accordance with the constitution of Nafcoc.

“The only people who are allowed to elect a new leadership is the Nafcoc Council, which is the federation’s highest decision-making body and the electing structure,” said Mavundla.

He said the Nafcoc Council had met at Nafcoc House on Thursday and expressed confidence in his leadership.

“Those people who elected Tebeila are Nafcoc rebels and not members of the council,” he said.

Nafcoc has expelled those who wanted to destabilise it.

However, Tebeila and his faction were upbeat.

“I have been elected as the president of Nafcoc and my aim is to serve and develop small businesses,” he said.

“I will not be involved in petty arguments and internal squabbles regarding Nafcoc.

“I just want to do what I have been elected for,” he said.

Tebeila follows in the footsteps of his peer billionaire Patrice Motsepe, who served as Nafcoc president between 2002 and 2006, but never managed to establish peace in the federation.

Tebeila said he was not worried that being linked to the federation might drag his reputation through the mud.

The faction’s spokesperson, Dan Mbuli, claimed that more than 70% of Nafcoc members came to the conference, removed Mavundla from leadership and elected Tebeila.

“Tebeila will occupy the head office of Nafcoc and start his duties within 30 days,” said Mbuli.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.