BUSA Mourns Passing of Retail Visionary Raymond Ackerman

By | September 7, 2023



Death – Obituary News : Retail visionary Raymond Ackerman has passed away, according to Business Unity South Africa (BUSA). Ackerman’s death is mourned by the organization, which did not provide further details.

Business Unity South Africa (BUSA) is deeply saddened by the passing of retail visionary, Raymond Ackerman. Ackerman, a renowned entrepreneur and philanthropist, leaves behind a remarkable legacy that has left an indelible mark on the retail industry in South Africa.

Born on March 10, 1931, in Cape Town, Raymond Ackerman grew up with a passion for business. After completing his education, he embarked on a successful career in the retail sector, eventually founding what would become one of the country’s largest supermarket chains, Pick n Pay.


Under Ackerman’s leadership, Pick n Pay revolutionized the retail landscape by introducing innovative concepts and establishing a customer-centric approach. His visionary ideas, such as introducing loyalty programs and expanding the range of products, transformed the shopping experience for millions of South Africans.

However, Ackerman’s contributions extended beyond the business realm. He was a fervent advocate for social responsibility and believed in giving back to the community. Ackerman established the Ackerman Family Foundation, which has supported numerous educational and charitable initiatives across the country. His dedication to uplifting underprivileged communities and empowering youth through education has left an enduring impact on society.

Ackerman’s entrepreneurial spirit and commitment to corporate social responsibility have earned him widespread acclaim. He received numerous accolades throughout his career, including the Order of the Baobab, one of South Africa’s highest civilian honors, for his exceptional contributions to the retail sector and philanthropy.

As news of Raymond Ackerman’s passing spreads, tributes pour in from all corners of the country. Business leaders, colleagues, and community members all mourn the loss of a true visionary and compassionate leader.

Raymond Ackerman’s legacy will continue to inspire generations to come, reminding us of the power of entrepreneurship and the importance of giving back. He will be remembered as a trailblazer who revolutionized the retail industry and touched the lives of countless South Africans through his business acumen and philanthropy..