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Presidency joins South Africans in mourning Absa deputy CEO Peter Matlare

Deputy Absa CEO Peter Matlare passed away on Sunday due to COVID-19 related complications at the age of 61.

Peter Matlare. Picture: Absa/YouTube.

JOHANNESBURG - The Presidency has joined South Africans in mourning the death of Absa banking group deputy CEO and Primedia's former CEO Peter Matlare.

READ: South Africa’s business fraternity mourns death of Peter Matlare

Matlare passed away on Sunday due to COVID-19 related complications at the age of 61.

The late businessman has been hailed as a transformation pioneer who contributed immensely to the economic development of South Africa in various roles, in both the public and private sectors.

READ MORE: ABSA deputy CEO Peter Matlare succumbs to COVID-19

Acting Minister in the Presidency Khumbudzo Ntshavheni said that his passing was a great loss to the nation as the country was confronted with the task of rebuilding the economy and would require seasoned and experienced leaders like Matlare.

Matlare is the latest high-profile South African to succumb to the virus.

Last week, former 702 talk show host Karima Brown died, while in January the virus also claimed the life of the Minister in the Presidency Jackson Mthembu.

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