Khazamula Michael (Mike) Nkuna, a real estate tycoon and pioneer of township and rural commercial and retail property development, will receive a Doctor of Philosophy degree from the University of South Africa (Unisa) on Friday evening.
This will take place at a graduation ceremony at its Muckleneuk campus in Pretoria.
The Soweto-born billionaire received the Doctor of Philosophy in Business Management (Honoris Causa) degree in appreciation of his significant contributions to the real estate development industry, which are evidenced by his leadership in elevating and investing in the economic development of rural and township areas.
In a statement, the academic institution acknowledged Nkuna’s revolutionary impact on South Africa’s township and rural economies as well as his intention to empower these businesses by providing retail space and bringing goods and services closer to the needs of these communities.
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“In 1983, he established the Masingita Group of companies, whose subsidiary companies have been actively engaged in manufacturing, mining, construction, asset management, property development, auctioneering, and facilities management for the past 30 years.
“Two smart towns are presently being developed by the group in the provinces of Gauteng and Limpopo,” reads the statement.
Nkuna also established the Mike Nkuna Charitable Trust for the benefit and welfare of rural communities and poor people in townships and rural areas.
The trust provides food hampers to impoverished, orphaned, and primarily child-headed families.
Through the trust, he also honours and recognises students who have excelled in science and math by awarding them bursaries, awards, and certificates of excellence.
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This corrupt Unisa, what do they know about property,.
Mike Nkuna doesn’t do the work anyway
Dear Sbu,
I am disappointed to see such a disrespectful and derogatory comment from you about Unisa and Mike Nkuna. It is important to remember that everyone is entitled to their own opinions, but it is never acceptable to attack someone or an institution in such a manner.
Instead of resorting to insults and baseless accusations, I encourage you to engage in a respectful dialogue and ask questions if you have any concerns. Disrespect only hinders progress and creates negativity.
Let’s strive to have constructive conversations and show respect towards others. I hope this message serves as a reminder to always be mindful of the impact of our words.
Best regards,
Serogole
Hey really you are the same people who are discouraging our people to do good. Mr Nkuna has changed the narrative by giving to the impoverished with his ideals. May God bless him to do more
I just want to applaud Unisa for honouring Mike Nkuna this way. He is a great developer of real estate per excellence amongst black intepreneurs in South Africa. He changed the landscape of so many rural areas in an wonderful way. Giyani, Malamulele and other areas will be poorer without his establishments. May God continue to bless him so that he can continue to enrich many villages his development projects.
I have known Bra Mike since our days in Giyani where we were studying. His involvement with real estate goes back many a decade. I thank Unisa for the recognition and honor of this great gentle giant.
Dr Masingita has played an enormous role in the country not only in Limpopo but Gauteng as well in his property business which has impacted a lot to our people indiscriminately so and we are proud our him as we condemn such derogatory statement and myopic attitude which to me does not assist to build our rainbow nation. We salute UNISA and encourage the property mogul Dr Nkuna Mike to continue with his good work🙏