President Cyril Ramaphosa has declared a special official funeral for businessman Richard Maponya who died on Monday aged 99, his office said. Picture: Ziphozonke Lushaba

Johannesburg - President Cyril Ramaphosa has declared a special official funeral for renowned businessman Richard Maponya who died on Monday aged 99, his office said on Thursday.

Maponya, who built a business empire despite oppressive apartheid rule, has been lauded for his contribution towards efforts to encourage black entrepreneurship.

In a statement, the Presidency said Ramaphosa had ordered that the national flag fly at half-mast from Friday until the evening of Maponya's burial on Tuesday.

"While expressing condolences to the Maponya family and to friends and colleagues, President Ramaphosa said the Maponya name is a veritable institution in our public life, standing for excellence and inspiring generations of South Africans," his office said.

African News Agency (ANA)