Boxing South Africa (BSA) CFO Kenneth Mamosadi was gunned down in his driveway in Pretoria West on Friday night, dealing another blow to the troubled regulator.
Police spokesperson Lt-Col Mavela Masondo said on Saturday the shooting happened at about 10.45pm.
“The victim was taken to hospital by his family where he was certified dead on arrival. Preliminary investigation suggests he was approached by two men who shot at him before they drove away in a white Renault. The motive cannot be confirmed at this stage.”
Mamosadi’s murder came just hours after sports minister Zizi Kodwa announced his latest attempt to stabilise local professional boxing, the appointment of acting CEO Mandla Ntlanganiso as the accounting authority in the absence of a board.
The executive appointed by Kodwa in December was interdicted from taking office soon afterwards, leaving the organisation rudderless and the sport in danger of closing down. Kodwa said the appointment of Ntlanganiso, made in terms of the Public Finance Management Act, would allow the sport to continue legally until the impasse was sorted out.
Mamosadi, who started out at BSA as finance manager, was promoted to CFO to replace Thabang Moses, who reportedly left under a cloud and was facing disciplinary action related to corruption.
Ntlanganiso, the director of operations, was suspended for nearly four months last year without being charged, but was brought back by the new board and made acting CEO in the 24-odd hours it operated before the interdict was handed down.
As the money man, Mamosadi had an unenviable task, with BSA left penniless in the wake of the previous executive’s departure. The department of sport, arts & culture had to step in to allow salaries to be paid in January, albeit nearly 48 hours late, Ntlanganiso said previously.
At the outgoing board’s final appearance before parliament’s sports portfolio committee in 2023, members ducked and dived difficult questions, including on which promoters owed BSA more than R6m.
The then acting CEO Erick Sithole had said BSA needed its government grant of nearly R20m increased substantially. He also spoke about how BSA had given bridging finance to allow some tournaments, where promoters were awaiting delayed sponsorship money from government departments, to proceed. But in at least one case the payment was several months overdue.
The Boxing Act makes no room for BSA to offer bridging finance.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.