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Dr Reuel Khoza receives UP Chancellor’s Medal Dr Reuel Khoza receives UP Chancellor’s Medal
“There should be an insistence on knowledgeability as a criterion for anybody in a leadershipposition… They cannot be motivated by self-enrichment or be morally... Dr Reuel Khoza receives UP Chancellor’s Medal

“There should be an insistence on knowledgeability as a criterion for anybody in a leadership
position… They cannot be motivated by self-enrichment or be morally degenerate.”
These are the words of Dr Reuel Jethro Khoza, leadership pioneer and accomplished businessperson, academic
and author, who was awarded the Chancellor’s Medal by the University of Pretoria (UP) during the autumn
MBA graduation ceremony held by UP’s business school, the Gordon Institute of Business Science (GIBS), on
16 April.
Upon acceptance of the award, Dr Khoza said, “As it says in the Bible, a prophet is never really acknowledged
at home but rather further afield, and so it is a crowning achievement to have this recognition on home
territory.”
He was nominated by GIBS Dean Professor Morris Mthombeni, who praised him for always being “driven by
principle, rather than populism; by transparency and accountability rather than expediency”.

During a recent interview Dr Khoza expressed concern that many leaders today “do not stack up on the
criterion of knowledgeability. Instead, they ride on the wave of populism.” In South African politics, for
example, he says this strongly departs from the history of an organisation like the ANC, “which was led by
members of the intelligentsia. Lawyers, teachers, doctors… I see no reason why there should not be the same
insistence today.”
He says national success requires cooperation between the state and the corporate sector, which “should
operate in a near perfect tango”. Without this, he says, “… we will be witnessing a further unravelling
degeneration into a kleptocracy unless South Africans of goodwill, of which there are many, definitively
intervene.”
Dr Khoza is currently Chairperson of investment holding company Dzana Investments and Discovery Bank,
among others, and has previously served as a Director of JSE Limited.
He is Emeritus Professor Extraordinaire of the University of Stellenbosch Business School and currently a
Visiting Professor at Rhodes Business School, the University of the Free State Business School, and Wits
Business School. He also holds three honorary doctorates.
Leadership and ubuntu
His management approach has always been based on ubuntu. “The world view that is ubuntu emphasises the
importance of human connectedness. It says we are an interdependent species and we grow by interfacing
with each other and learning from each other.”
Dr Khoza has authored numerous articles and books on leadership and governance. His seventh book, The
Spirit of Leadership – Insights from Business and Faith, will be published in May.
Among the numerous awards he has received, in 2021 he became the first African to be inducted into the
Thinkers50 Management Hall of Fame, described by the Financial Times as “the Oscars of management
thinking”.
Foundations of excellence
Dr Khoza was born in Bushbuckridge in Mpumalanga in 1949. His father was an evangelist who set a high
standard of academic achievement. During school holidays he looked after his grandfather’s cattle, which
instilled a love of farming. Today his companies are among the largest exporters of avocados and macadamia
nuts.
His other love is music – he produced nine CDs for late choral music composer and “brother by choice” Shalati
Joseph Khosa.
After graduating with a BA Honours in Psychology at the University of Limpopo, he became a junior lecturer
at the university in 1974, but his involvement with student politics led to his dismissal. Decades later, in 2007,
he was asked to be Chancellor of the same university. Today he is the Chancellor of the University of KwaZulu-
Natal.
Dr Khoza’s dismissal from academia led him to start his business career. After four years as a marketing
assistant and product manager, he was awarded a scholarship to do his master’s in marketing at the UK’s
University of Lancaster.
In 1981 he established his own marketing and management consulting firm. It wasn’t easy going: “During
apartheid, you could not apply for offices in ‘white South Africa’, and I needed an office in downtown Johannesburg. I had to forego 51% of my company so that it came across as a white company.” At the same time, he joined and later became one of the directors of the Black Management Forum, which today promotes the creation of managerial structures and processes that reflect the demographics and values of South African society.
Eskom turnaround and current leadership deficit
In 1983 Dr Khoza was invited to join Standard Bank’s Advisory Board. Later, he led a turnaround at Eskom as Chairperson from 1997 to 2005.
As Prof Mthombeni explained: “Dr Khoza attributes the successful turnaround to strong collaboration between board members and the executive team and significant investment in acquiring and developing the right skills… Under Dr Khoza’s leadership, Eskom greatly improved its productivity, financial performance and creditworthiness. In 2001, Eskom won the Financial Times award for the best global power utility. By 2004, Eskom was operating in more than 30 African countries.”
In Dr Khoza’s view, the key contributor to Eskom’s current crisis is a failure to implement proven good
governance strategies and leadership skills.
He says this failure is widespread in South Africa today and repeats what he said as Nedbank Chair in 2011: “The integrity, health, socioeconomic soundness and prosperity of SA are the collective responsibility of all citizens, corporates and individuals. We have a duty to build and develop this nation and to call to book the putative leaders who, due to sheer incapacity to deal with the complexity of 21st-century governance and leadership, cannot lead. We have a duty to insist on strict adherence to the institutional forms that underpin our democracy.

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