Issued by the FW de Klerk Foundation on 07/09/2023


The FW de Klerk Foundation is deeply saddened to learn of the passing of Raymond Ackerman, founder of Pick ‘n Pay. The Foundation would like to express its heartfelt condolences to his family, friends and colleagues, especially to his beloved wife Wendy. 

Mr Ackerman’s contribution to South Africa’s economy and job creation over the past five decades is unparalleled and cannot be over emphasised. In his lifetime, Mr Ackerman built and grew the Pick ‘n Pay Retail Group to one of the most well-known brands in South Africa, bringing affordable quality goods to consumers in South Africa, as well as to other African countries such as Namibia, Botswana, Lesotho and Nigeria.  

In addition to his outstanding career as an entrepreneur and business leader, Mr Ackerman was a true and proud South African, caring deeply for the country and its people. He was an outspoken supporter of South Africa’s democratic transition and regarded the establishment of a constitutional democracy and a free market economy as vital prerequisites for a better future for all South Africans. 

On a personal note, Mr Ackerman was outspoken, yet reflective – he took the time to listen, and kept his ears to the ground. His philanthropic and charitable work bears testimony of a man with integrity, a strong moral compass and empathy for his fellow man.  

He was a true friend to FW and Elita de Klerk, who appreciated and valued his advice and support over the years.

Raymond Ackerman was indeed a great South African and will be sorely missed. Our thoughts and prayers are with the Ackerman family at this difficult time. 

Image © Tracey Adam