BLSA CEO Letter – 22 May
POSTED ON: May 22, 2023 IN by Admin
By Busisiwe Mavuso
The National Electricity Crisis Committee last year pulled together the best minds on electricity and set out a plan to address the crisis.
BLSA CEO Letter – 15 May
POSTED ON: May 15, 2023 IN by Admin
By Busisiwe Mavuso
BLSA has called on government to take a clear position on arms trades with Russia, as other non-aligned countries like China have done.
BLSA CEO Letter – 8 May 2023
POSTED ON: May 8, 2023 IN by Admin
By Busisiwe Mavuso
The attack on De Ruyter and the risk assessment that BLSA part-funded must be seen in terms of who stands to benefit.
BLSA CEO Letter – 2 May 2023
POSTED ON: May 2, 2023 IN by Admin
By Busisiwe Mavuso
Last week I got to see a success story of what can happen when business and local government work together.
BLSA CEO Letter – 24 April 2023
POSTED ON: April 24, 2023 IN by Admin
By Busisiwe Mavuso
Our greatest economic challenge is the electricity crisis. And we have a plan to deal with it.
BLSA CEO Letter – 17 April 2023
POSTED ON: April 17, 2023 IN by Admin
By Busisiwe Mavuso
While the investment conference’s R1.5 trillion is impressive, it has happened during five years of the weakest economic growth we’ve seen for decades.
BLSA CEO Letter – 11 April 2023
POSTED ON: April 11, 2023 IN by Admin
By Busisiwe Mavuso
It requires constant care to position the “brand” of South Africa as an excellent opportunity for investors.
BLSA CEO Letter – 3 April 2023
POSTED ON: April 3, 2023 IN by Admin
By Busisiwe Mavuso
We need to give international companies the sense that they are welcome in South Africa and the confidence to plan on investments here without the fear that they will simply be unable to send their people because we cannot manage our own bureaucracy.
BLSA CEO Letter – 27 March 2023
POSTED ON: March 27, 2023 IN by Admin
By Busisiwe Mavuso
I believe last week was a positive indicator of how government and the private sector can work together to improve the security situation.
BUSISIWE MAVUSO: SA’s economic future hinges on business partnering genuinely with the state
POSTED ON: March 21, 2023 IN by Admin
By Busisiwe Mavuso
We know what needs to happen, and so does government. We just need to get it done.
BLSA CEO Letter – 20 March 2023
POSTED ON: March 20, 2023 IN by Admin
By Busisiwe Mavuso
We have over the last few years had to find ways of working to overcome all kinds of external shocks and today presents another.
Busisiwe Mavuso | How big business can contribute to addressing the challenges identified by S&P
POSTED ON: March 17, 2023 IN by Admin
By Busisiwe Mavuso
BLSA is already working on the areas of concern expressed by S&P and the issues that are keeping South Africans, international stakeholders and investors awake at night.
BUSISIWE MAVUSO: Fund to mobilise resources a crucial step towards resolving power crisis
POSTED ON: March 14, 2023 IN by Admin
By Busisiwe Mavuso
We hope to see the creation of the RMF become the turning point in our efforts to address the electricity crisis that has plagued us for years.
BLSA CEO’s newsletter – 13 March 2023
POSTED ON: March 13, 2023 IN by Admin
The electricity crisis has been exacerbated by the lack of alignment between key stakeholders.
Busisiwe Mavuso | We have a somewhat refreshed cabinet – but there are more important things to focus on
POSTED ON: March 10, 2023 IN by Admin
By Busisiwe Mavuso
A lack of delivery on key reforms, maladministration and corruption have conspired to bring the country to what is a crisis position.
BUSISIWE MAVUSO: Beyond the headlines, glimmers of hope
POSTED ON: March 7, 2023 IN by Admin
By Busisiwe Mavuso
In drawing attention to progress, we shouldn’t minimise the very real and serious challenges we face.
BLSA Media Release: Cabinet Reshuffle
POSTED ON: March 6, 2023 IN by Admin
With resolving the electricity crisis so critical to our economic prospects, BLSA hopes government will be united in implementing the Energy Action Plan.
BLSA CEO letter – 6 March 2023
POSTED ON: IN by Admin
By Busisiwe Mavuso
The conversations I had last week demonstrated the great deal of creative energy and passion for this country that is out there.
BUSISIWE MAVUSO: Scoring the equaliser after the greylisting own goal of will take some doing
POSTED ON: February 28, 2023 IN by Admin
By Busisiwe Mavuso
We must take heart that Mauritius was able to get itself off the grey list in less than two years after implementing the necessary reforms.
BLSA CEO Letter – 27 February 2023
POSTED ON: February 27, 2023 IN by Admin
BLSA hopes that the JET-IP package is not now at risk with the countries that are funding it already concerned about SA’s international positioning.
Busisiwe Mavuso | Godongwana delivers strong budget with clear plans to tackle energy crisis
POSTED ON: February 24, 2023 IN by Admin
By Busisiwe Mavuso
BLSA was relieved to hear that concrete measures are finally being taken to address the debt owed to Eskom by municipalities.
Press release: Budget Speech 2023
POSTED ON: February 22, 2023 IN by Admin
BLSA expected the country’s fiscal trajectory to weaken given the Eskom debt transfer and while SA’s high debt level is a concern, we believe this was necessary to help address the crippling effects of loadshedding.
BUSISIWE MAVUSO: We are expecting a credible budget with news of reforms that will grow our economy
POSTED ON: February 21, 2023 IN by Admin
By Busisiwe Mavuso
A solution to Eskom’s debt problems will undoubtedly be the most important feature of this budget.
BLSA CEO Letter – 20 February 2023
POSTED ON: February 20, 2023 IN by Admin
By Busisiwe Mavuso
With loadshedding now causing massive economic destruction every day, addressing the energy crisis will be central to the budget.
Busisiwe Mavuso | Tax incentives for solar installation should benefit those most in need
POSTED ON: February 17, 2023 IN by Admin
By Busisiwe Mavuso
The form that any incentive takes is therefore crucial to stimulating off-grid installations. Zero-rating VAT for renewable energy components and invertors is a simple option.
BUSISIWE MAVUSO: Private sector is ‘in the ring’ and wants to do more
POSTED ON: February 14, 2023 IN by Admin
By Busisiwe Mavuso
Social friction undermines all elements of society including business.
BLSA CEO Letter – 13 February 2023
POSTED ON: February 13, 2023 IN by Admin
More accountability is being shifted away from cabinet and into the presidency.
Busisiwe Mavuso| International donors reflect impatience with pace of SA’s JET
POSTED ON: February 10, 2023 IN by Admin
By Busisiwe Mavuso
While some fear it is now “up in the air”, it’s important to emphasise that SA’s energy transition is inevitable and is progressing in certain areas.
BLSA MEDIA RELEASE: SONA ADDRESS
POSTED ON: February 9, 2023 IN by Admin
It’s important for government to limit the use of the extra powers it has granted itself purely to address the loadshedding crisis on a least-regret basis.
BUSISIWE MAVUSO: Whistle-blowers need rewards, not persecution
POSTED ON: February 7, 2023 IN by Admin
By Busisiwe Mavuso
Business is heavily invested in the fight against corruption because the application of the rule of law is essential to the business environment.
BLSA CEO letter – 6 February 2023
POSTED ON: February 6, 2023 IN by Admin
By Busisiwe Mavuso
A state of disaster triggers emergency powers that can limit constitutional rights.
Busisiwe Mavuso | Conspiracy theories are reckless and deflect attention from actually solving problems
POSTED ON: February 3, 2023 IN by Admin
By Busisiwe Mavuso
It is critically important for leaders to make calm decisions based on the facts. Anything else is irresponsible.
BUSISIWE MAVUSO: Ramaphosa should use strong mandate to root out crime and graft
POSTED ON: January 31, 2023 IN by Admin
By Busisiwe Mavuso
Patronage and corruption exist in other states too, so SA is not alone in having a crippled public service – but that is no excuse for complacency.
BLSA CEO letter – 30 January 2023
POSTED ON: January 30, 2023 IN by Admin
By Busisiwe Mavuso
With a cabinet reshuffle being imminent, BLSA hopes leaders are appointed who are fully committed to resolving the problems that are holding up progress.
Busisiwe Mavuso | Independent body needed to produce IRP with energy department unable to do it every two years
POSTED ON: January 27, 2023 IN by Admin
By Busisiwe Mavuso
Despite the lack of any major breakthrough announced by Necom, promises of the end of loadshedding are coming thick and fast with elections looming next year.
BUSISIWE MAVUSO: Climate change the main reason for world to dump fossil fuels
POSTED ON: January 24, 2023 IN by Admin
By Busisiwe Mavuso
Climate-resilient infrastructure needs to become embedded into SA’s infrastructure development.
BLSA CEO Letter – 23 January 2023
POSTED ON: January 23, 2023 IN by Admin
By Busisiwe Mavuso
While we tend to focus on our own problems, the WEF provides a clear lesson on the global context in which we find ourselves.
Busisiwe Mavuso | Only political will can address load shedding woes
POSTED ON: January 20, 2023 IN by Admin
By Busisiwe Mavuso
There are many legacy issues that remain unresolved while new problems keep arising, demanding priority status.
BUSISIWE MAVUSO: Government has plans but nothing changes
POSTED ON: January 17, 2023 IN by Admin
By Busisiwe Mavuso
Business will keep pushing hard for policies we believe are in the best interests of the economy and all South Africans.
BLSA CEO’s letter: 16 January 2023
POSTED ON: January 16, 2023 IN by Admin
By Busisiwe Mavuso
We must make clear to the world that the project of rebuilding institutions is working.
Busisiwe Mavuso | SA needs leaders who can get things done
POSTED ON: January 13, 2023 IN by Admin
By Busisiwe Mavuso
The economy is too fragile for the country to withstand any further misgovernance.
Busisiwe Mavuso | What the bond market says about SA reforms
POSTED ON: December 16, 2022 IN by Admin
By Busisiwe Mavuso
The best way to accelerate the reform process and help to overcome obstacles is to open the way for further private sector participation.
Media statement: André de Ruyter’s resignation met with great disappointment
POSTED ON: December 15, 2022 IN by Admin
BLSA is extremely concerned that international support for SA’s just energy transition might
now be at risk if a change in CEO signals a change in approach.
BUSISIWE MAVUSO: The compelling drama that continues to be SA
POSTED ON: December 13, 2022 IN by Admin
By Busisiwe Mavuso
Whatever gripes you might have with South Africa, the drama is certainly compelling.
BLSA CEO Letter – 12 December 2022
POSTED ON: December 12, 2022 IN by Admin
By Busisiwe Mavuso
In her last letter of 2022, BLSA’s CEO reflects on what BLSA has done this year to help deliver inclusive economic growth.
Busisiwe Mavuso | Factions within ANC threaten key reforms — and the world is watching
POSTED ON: December 9, 2022 IN by Admin
By Busisiwe Mavuso
Heading into the ANC elective conference next week, the most important message is for the leadership to do their duty and put the country’s interests first.
BUSISIWE MAVUSO: Phala Phala process in parliament part of restoring rule of law
POSTED ON: December 6, 2022 IN by Admin
By Busisiwe Mavuso
As business, we support the appropriate legal avenues being fully exhausted as recommended by the Section 89 Panel.
BLSA CEO’s letter 5 December 2022
POSTED ON: December 5, 2022 IN by Admin
By Busisiwe Mavuso
The collapse of the rand and the value of South Africa’s traded debt last Thursday showed how concerned investors were.
Busisiwe Mavuso | No new state entities until government has fixed all the ones that it has broken
POSTED ON: December 2, 2022 IN by Admin
By Busisiwe Mavuso
Government should set itself a goal: no new state entities can be formed until it has fixed all the ones that it has broken.
Media Statement: BLSA statement on the Phala Phala panel
POSTED ON: December 1, 2022 IN by Admin
BLSA will continue to stand resolutely in support of the rule of law and we call on all stakeholders in South Africa to do so too.
Conclusion: Festive season campaign 2022 E2 successes
POSTED ON: IN by Admin
E2 looks forward to more beneficial partnerships in 2023 that will help make South Africa good for business, and business good for South Africa.
SAFETY TIPS: kidnappings and missing people
POSTED ON: IN by Admin
In the first six months of 2022 an average of 1,143 kidnappings a month were reported to the police; this is double the monthly average of the 2021 period.
SAFETY TIPS: Hijackings
POSTED ON: IN by Admin
According to the crime stats, from 1 July 2022 to 20 September 2022, there were 6 149 hijackings.
SAFETY TIPS: House break-ins
POSTED ON: IN by Admin
The recent crime stats show that housebreak-ins are the most common crime experienced by South African residents.
SAFETY TIPS: gender-based violence (GBV)
POSTED ON: IN by Admin
The GBV situation in the country has reached boiling point and all South Africans together with NGOs, the police and government need to work together to fight against this scourge.
BUSISIWE MAVUSO: We remain deep in junk territory and it’s costing us dearly
POSTED ON: November 29, 2022 IN by Admin
By Busisiwe Mavuso
There hasn’t been much focus on regaining our investment grade rating but its importance cannot be overemphasised.
Introduction: Eyes and Ears Initiative – Constantly growing
POSTED ON: November 28, 2022 IN by Admin
The large geographical footprint of the private partners enables countrywide collection of real-time incident data.
BLSA CEO Letter – 28 November 2022
POSTED ON: IN by Admin
By Busisiwe Mavuso
We are in the grip of an epidemic with large industries from mining to construction being targeted by extortion rackets.
Busisiwe Mavuso | More crisis management for Eskom – and again it’s too little, too late
POSTED ON: November 25, 2022 IN by Admin
By Busisiwe Mavuso
We’ve now run out of options to fix the short-term problem of load shedding.
BUSISIWE MAVUSO: We survived state capture and the pandemic so there is hope for us
POSTED ON: November 22, 2022 IN by Admin
By Busisiwe Mavuso
The strength of our financial sector is something to be nurtured and we must keep adding to its resilience where we can.
BLSA CEO Letter – 21 November 2022
POSTED ON: November 21, 2022 IN by Admin
What ideas is labour bringing to the table to improve the national fiscal outlook?
Busisiwe Mavuso | Extortion syndicates becoming increasingly brazen but silence from authorities is alarming
POSTED ON: November 18, 2022 IN by Admin
By Busisiwe Mavuso
All the structural reforms aimed at improving our economic growth prospects will be undermined if the rule of law does not prevail.
BUSISIWE MAVUSO: Government’s Zondo response leaves door ajar for cadre deployment
POSTED ON: November 15, 2022 IN by Admin
By Busisiwe Mavuso
The world is looking to SA to provide a blueprint to combat entrenched corruption.
BLSA CEO Letter – 14 November 2022
POSTED ON: November 14, 2022 IN by Admin
By Busisiwe Mavuso
Last week BLSA hosted the team from the International Monetary Fund responsible for the Financial Sector Assessment Programme it has undertaken on South Africa over the last few years.
Busisiwe Mavuso | Business and government need to collaborate to overcome blockages to private sector investment in energy transition
POSTED ON: November 11, 2022 IN by Admin
By Busisiwe Mavuso
It’s imperative for SA to get the “just” part of the just energy transition right.
BUSISIWE MAVUSO: No quick fix for the cancer of crime
POSTED ON: November 8, 2022 IN by Admin
By Busisiwe Mavuso
Organised crime is entrenched in South Africa but the “construction mafia” has risen to prominence recently
BLSA CEO Letter – 07 November 2022
POSTED ON: November 7, 2022 IN by Admin
By Busisiwe Mavuso
Transition is not just about decommissioning coal power plants and switching to electric vehicles; it also must be about massively ramping up overall energy production.
Busisiwe Mavuso | BLSA calls on DMRE to urgently address power generation shortfall to prevent loadshedding beyond 2024
POSTED ON: November 4, 2022 IN by Admin
By Busisiwe Mavuso
It’s almost impossible to reach higher EAF levels by increasing maintenance and trying to extend the life of coal plants because Eskom plant has deteriorated so extensively as a result of previous maintenance neglect.
BUSISIWE MAVUSO: Some high-ups must be sweating as they await that knock on the door
POSTED ON: November 1, 2022 IN by Admin
By Busiswe Mavuso
The fight against corruption, it appears, is now gaining strong momentum and BLSA fully commends Batohi and her team for the progress made under extremely challenging conditions.
BLSA CEO Letter – 31 October 2022
POSTED ON: October 31, 2022 IN by Admin
By Busisiwe Mavuso
Last week the finalised National Framework Towards the Professionalisation of the Public Service was released, having been approved by cabinet the week before.
Busisiwe Mavuso | Eskom mafia directly causing power cuts by mixing byproducts — including rocks — with subgrade coal
POSTED ON: October 28, 2022 IN by Admin
By Busisiwe Mavuso
SA needs accountability, which is precisely what the future anti-corruptions structures need to generate.
Media release: Positive MTBPS with improved fiscal trajectory likely to boost investor appetite
POSTED ON: October 26, 2022 IN by Admin
BLSA welcomes the 2022 Medium-Term Budget Policy Statement (MTBPS) tabled today by Finance Minister Enoch Godongwana that affirms the country’s adherence to a policy of fiscal consolidation that will lead to better growth in the future.
BUSISIWE MAVUSO: It’s cheaper for Eskom to build new plants than boost maintenance
POSTED ON: October 25, 2022 IN by Admin
By Busisiwe Mavuso
With its debt service costs reduced dramatically, Eskom would be able to operate more freely, particularly in implementing its strategy to help resolve the energy crisis.
BLSA CEO Letter – 24 October 2022
POSTED ON: October 24, 2022 IN by Admin
By Busisiwe Mavuso
It’s important to remember that whatever is broken can be fixed and global investors need to be assured that we’re working on creating a desirable investment environment.
Busisiwe Mavuso | Macroeconomic impact of Transnet’s woes as bad as short-term economic losses
POSTED ON: October 21, 2022 IN by Admin
By Busisiwe Mavuso
Transnet needs to be transformed into a financially self-sustaining entity or it will keep burdening the fiscus with more and more debt.
BUSISIWE MAVUSO: We still have a fighting chance of avoiding greylisting
POSTED ON: October 18, 2022 IN by Admin
By Busisiwe Mavuso
The FATF published a report a year ago highlighting SA’s deficiencies and effectively gave us until this October to get our house in order.
BLSA CEO Letter – 17 October 2022
POSTED ON: October 17, 2022 IN by Admin
By Busisiwe Mavuso
If we are to avoid grey listing, or ensure we are grey listed for the shortest time possible if we cannot avoid it, we need to do a lot of work quickly.
Busisiwe Mavuso | Time to declare energy and transport essential services that would prohibit strike action?
POSTED ON: October 14, 2022 IN by Admin
By Busisiwe Mavuso
The dismal state of our energy and transport systems are core reasons why our economy is so crippled.
Media Statement: Joint statement from BUSA and BLSA on Transnet Strike
POSTED ON: October 13, 2022 IN by Admin
Short term solutions can create unintended consequences in difficult industrial relationship situations, especially if inflation remains elevated for some time, and in a difficult economic and fiscal environment.
Press Release: BLSA Releases Report on Potential FATF Grey Listing
POSTED ON: October 12, 2022 IN by Admin
BLSA has today released an independent report on the prospect of South Africa being grey listed by the Financial Action Task Force. The report, by researchers Intellidex, puts the probability of grey listing at 85% come the FATF plenary in February next year. The researchers estimate that the economic impact of grey listing could be limited or severe depending on how South Africa reacts to grey listing.
BUSISIWE MAVUSO: Act now so we do not leave a corruption-riddled country for future generations
POSTED ON: October 11, 2022 IN by Admin
By Busisiwe Mavuso
We need to get things right in terms of setting up structures and processes to fight corruption.
BLSA CEO Letter – 10 October
POSTED ON: October 10, 2022 IN by Admin
By Busisiwe Mavuso
The strike action makes Transnet’s financial position far worse. It could trigger further ratings downgrades.
Busisiwe Mavuso | Emergency measures needed to lift infrastructure programme out of bureaucratic quagmire
POSTED ON: October 7, 2022 IN by Admin
By Busisiwe Mavuso
BLSA has repeatedly highlighted that the institutional architecture for infrastructure within the state is simply not fit for purpose.
BUSISIWE MAVUSO: Consultants and auditors: where the private sector interacted with the captured state
POSTED ON: October 4, 2022 IN by Admin
By Busisiwe Mavuso
Strengthening the processes to ensure ethical leadership on the boards of SOEs and private companies is just one of many measures needed that will prevent corrupt elements from attaining positions of influence.
BLSA CEO Letter – 3 October 2022
POSTED ON: October 3, 2022 IN by Admin
By Busisiwe Mavuso
Grey listing is largely a consequence of the collapse of commercial crime investigation and prosecution during the state capture era.
Busisiwe Mavuso | Higher than normal bond redemptions will put extra pressure on expenditure in medium-term budget
POSTED ON: September 30, 2022 IN by Admin
By Busisiwe Mavuso
Until we stabilise our national debt, we’ll keep paying more and more just to service it.
BUSISIWE MAVUSO: SA needs a culture change where the corrupt resign in shame rather than run for high office
POSTED ON: September 27, 2022 IN by Admin
By Busisiwe Mavuso
BLSA is fully committed to helping transform South Africa into a country where corruption is considered shameful and people are held accountable.
BLSA CEO Letter – 26 September 2022
POSTED ON: September 26, 2022 IN by Admin
By Busiswe Mavuso
Given the urgency with which we need to address the power crisis, the obvious question is what we can do to get more of the round 5 projects to close.
Busisiwe Mavuso | SA cutting it fine with investment plan ahead of COP27
POSTED ON: September 23, 2022 IN by Admin
By Busisiwe Mavuso
The funding to reduce SA’s use of coal hinges on SA producing an investment plan that would need to be agreed to by the partners.
BUSISIWE MAVUSO: Government is cause of load-shedding and only it can solve the problem
POSTED ON: September 20, 2022 IN by Admin
By Busisiwe Mavuso
Our economy needs a quick solution based on the least-regret option.
BLSA CEO Letter – 19 September 2022
POSTED ON: September 19, 2022 IN by Admin
By Busisiwe Mavuso
Even when their actions successfully lead to prosecutions, convictions and recovery of stolen assets, whistle blowers can struggle to find work and rebuild their lives.
Busisiwe Mavuso | The fight against corruption: Where there’s action, there is hope
POSTED ON: September 16, 2022 IN by Admin
By Busisiwe Mavuso
SA’s renewable energy market remains an attractive proposition to global investors but we’re certainly no longer considered a low-risk destination.
BUSISIWE MAVUSO: SA is falling further behind
POSTED ON: September 13, 2022 IN by Admin
By Busisiwe Mavuso
The Fraser report provides a useful checklist that highlights where SA is coming up short.
BLSA CEO Letter – 12 Sept 2022
POSTED ON: September 12, 2022 IN by Admin
By Busisiwe Mavuso
BLSA is committed to various initiatives to support government to solve the energy crisis.
Busisiwe Mavuso | If SA wants foreign investments, visa applications can’t be a headache
POSTED ON: September 9, 2022 IN by Admin
By Busisiwe Mavuso
It is critical for SA to make all aspects of the investment process as smooth as possible.
BUSISIWE MAVUSO: The many reasons to be optimistic about SA
POSTED ON: September 6, 2022 IN by Admin
By Busisiwe Mavuso
Only higher levels of economic growth will sustainably provide the resources we need to address the needs of the poor without threatening our fiscal sovereignty.
BLSA CEO Letter – 5 September 2022
POSTED ON: September 5, 2022 IN by Admin
By Busisiwe Mavuso
The president clearly showed how his government and business are aligned on many of the key challenges that we need to jointly overcome.
Busisiwe Mavuso | Hope at last for South Africa’s fight against corruption
POSTED ON: September 2, 2022 IN by Admin
By Busisiwe Mavuso
The state capture-linked arrests still haven’t moved up to any senior government levels yet but the NPA hinted that these will come.
MEDIA STATEMENT: Release of the Auditor-General’s first special report on flood relief funds
POSTED ON: September 1, 2022 IN by Admin
We are heartened by the AG’s ongoing, independent outputs that speak truth to power with neither fear nor favour.
BUSISIWE MAVUSO: Plans to save small businesses amid high inflation and red tape need boost
POSTED ON: August 30, 2022 IN by Admin
By Busisiwe Mavuso
Small businesses have the greatest potential to address SA’s problems of poverty and inequality.
BLSA CEO Letter – 29 August 2022
POSTED ON: August 29, 2022 IN by Admin
By Busisiwe Mavuso
It would be easier to support NECOM and government if our bureaucratic and regulatory functions were working the way they are meant to.
Busisiwe Mavuso | We need capital to build SA’s economy – and fast
POSTED ON: August 26, 2022 IN by Admin
By Busisiwe Mavuso
BLSA believes the ISA should be the centre for excellence in respect of developing bankable PPPs.
BUSISIWE MAVUSO: Godongwana faces headache of sparse kitty for growing wish list
POSTED ON: August 23, 2022 IN by Admin
By Busisiwe Mavuso
The increased allocation for infrastructure development aims to address an urgent overall need of improving the efficiency of the economy.
BLSA CEO Letter – 22 August 2022
POSTED ON: August 22, 2022 IN by Admin
By Busisiwe Mavuso
The state capture years put immense pressure on National Treasury and led to a period of spiralling debt and extremely poor expenditure that delivered low value for money.
Busisiwe Mavuso | Don’t bet more taxpayer money on ailing SOEs
POSTED ON: August 19, 2022 IN by Admin
By Busisiwe Mavuso
Improving our debt profile will accelerate our return to investment grade ratings, which in turn will make our debt cheaper.
BUSISIWE MAVUSO: Liberalisation of energy market will spur economic activity
POSTED ON: August 16, 2022 IN by Admin
By Busisiwe Mavuso
Eradicating red tape is an easy win; it comes at no cost to the state while its benefits are widespread and will be immediately felt.
Busisiwe Mavuso | NPA agreement forms part of overall goal of building a capable state
POSTED ON: August 12, 2022 IN by Admin
By Busisiwe Mavuso
When government and business collaborate to address SA’s problems, the results are meaningful.
BUSISIWE MAVUSO: No quick fixes for SA’s economic woes
POSTED ON: August 9, 2022 IN by Admin
By Busisiwe Mavuso
There is no magic elixir for the economy.
BLSA CEO Letter – 08 August 2022
POSTED ON: August 8, 2022 IN by Admin
By Busisiwe Mavuso
The NPA is ramping up its efforts to respond to the Zondo Commission and will need specialised skills to support complex corruption cases, such as forensic accountants and data analysts. While the NPA has benefited from increases in funding to support its efforts, it will take time to recruit and train for the specialist skills it needs.
Busisiwe Mavuso | Why a wealth tax is not the solution to help SA’s poor
POSTED ON: August 5, 2022 IN by Admin
By Busisiwe Mavuso
Government has brought us to this point and now there are no easy solutions.
BUSISIWE MAVUSO: Business not indifferent to the plight of the poor
POSTED ON: August 2, 2022 IN by Admin
By Busisiwe Mavuso
Until we stabilise the national debt we’ll keep paying more just to service it.
BLSA CEO Letter – 01 August 2022
POSTED ON: August 1, 2022 IN by Admin
By Busisiwe Mavuso
Even if we get everything right, we are still at least two years away from entering a new era of stable electricity supply.
Busisiwe Mavuso | Why energy reforms will benefit SA beyond just ending load shedding
POSTED ON: July 29, 2022 IN by Admin
By Busisiwe Mavuso
An important aspect for government to get right is the promise of quick, efficient bureaucratic procedures.
Media release: BLSA welcomes the president’s energy plan and applauds its bold approach
POSTED ON: July 26, 2022 IN by Admin
We hope the measures announced in the president’s plan will be implemented with both urgency and purpose as well as transparency.
BUSISIWE MAVUSO: SA simply cannot afford a BIG
POSTED ON: IN by Admin
By Busisiwe Mavuso
Tightening capital controls or preventing tax emigration are simply not viable alternatives.
BLSA CEO’s letter – 25 July 2022
POSTED ON: July 25, 2022 IN by Admin
By Busisiwe Mavuso
We do ourselves no favours by embracing reforms that destabilise government finances and the economy.
Busisiwe Mavuso | It’s no use blaming the Reserve Bank for rate hikes
POSTED ON: July 22, 2022 IN by Admin
By Busisiwe Mavuso
Inflation is rising globally and a significant cost-of-living crisis is emerging for many nations.
BUSISIWE MAVUSO: We can realise the vision of an inclusive, growing economy
POSTED ON: July 19, 2022 IN by Admin
By Busisiwe Mavuso
SA was identified as one of 31 countries with high risks around the “erosion of social cohesion” in the World Economic Forum’s 2022 Global Risks report.
BLSA CEO’s letter – 18 July 2022
POSTED ON: July 18, 2022 IN by Admin
By Busisiwe Mavuso
The one element that can accelerate the recovery of small businesses is the red tape unit in the Presidency.
Busisiwe Mavuso | SA is running out of time to avoid greylisting by money laundering watchdog
POSTED ON: July 15, 2022 IN by Admin
By Busisiwe Mavuso
South Africa has been in the FATF’s sights since 2009 following an initial review.
BUSISIWE MAVUSO: Proposals on power crisis are encouraging
POSTED ON: July 12, 2022 IN by Admin
By Busisiwe Mavuso
Business believes this limited easing of requirements will provide the necessary energy foundations upon which all sustainable local manufacturing depends.
BLSA CEO’s letter – 11 July 2022
POSTED ON: July 11, 2022 IN by Admin
By Busisiwe Mavuso
We need to have a plan ready by the time of COP27 in Egypt in November that provides a clear path for the country to shift its carbon intensity.
Busisiwe Mavuso | Government needs to focus on national priorities
POSTED ON: July 8, 2022 IN by Admin
By Busisiwe Mavuso
All indications are that in October SA will be placed on the grey list by the Financial Action Task Force.
Media release: BACSA supports SAPS task teams
POSTED ON: July 6, 2022 IN by Admin
To date, 39 cases have been reported on the BACSA information-sharing site.
BUSISIWE MAVUSO: Government may finally have seen the light on energy crisis
POSTED ON: July 5, 2022 IN by Admin
By Busisiwe Mavuso
According to Eskom, SA needs to create 50GW-60GW of new generation capacity by 2035.
BLSA CEO’s Letter – 04 July 2022
POSTED ON: July 4, 2022 IN by Admin
By Busisiwe Mavuso
We must diversify the sources of electricity in South Africa.
Media Statement: BLSA together with Matla a Bana help fight GBV
POSTED ON: July 1, 2022 IN by Admin
BLSA has partnered with Matla a Bana – an NGO that fights GBV and creates child-friendly reporting facilities at police stations, courts and hospitals.
Busisiwe Mavuso | Govt can act now on Zondo’s advice, and there’s no room to fail
POSTED ON: IN by Admin
By Busisiwe Mavuso
The allocation of resources will be a litmus test of how seriously government is taking the Zondo report.
BUSISIWE MAVUSO: Prosecutions should follow publication of Zondo report
POSTED ON: June 28, 2022 IN by Admin
By Busisiwe Mavuso
Publication of the full Zondo report is only the first step.
BLSA CEO’s Letter – 27 June 2022
POSTED ON: June 27, 2022 IN by Admin
By Busisiwe Mavuso
It is a key strategic objective for BLSA to support the prosecuting authorities to succeed.
Busisiwe Mavuso | Lack of infrastructure maintenance a leading cause of SA’s water crisis
POSTED ON: June 24, 2022 IN by Admin
By Busisiwe Mavuso
Underspending on infrastructure affects not only water supply but infrastructure for all SA’s network industries
Media release: BLSA welcomes the handover of the final parts of the Judicial Commission of Inquiry into State Capture Report
POSTED ON: June 23, 2022 IN by Admin
Corruption comes at a high price to business and the economy.
BUSISIWE MAVUSO: Shock reports on municipalities point to folly of cadre system
POSTED ON: June 21, 2022 IN by Admin
By Busisiwe Mavuso
Many municipalities commit a direct act of corruption when residents pay their electricity and water accounts but the officials do not pay that money over to Eskom and the water boards.
BLSA CEO’s Letter – 20 June 2022
POSTED ON: June 20, 2022 IN by Admin
By Busisiwe Mavuso
There is nothing normal about the fact that 65% of youth aged 15-24 were unemployed in the first quarter.
Busisiwe Mavuso | Cargo truck hijackings, railway lines and cable theft set back important reforms
POSTED ON: June 17, 2022 IN by Admin
By Busisiwe Mavuso
Over 250 people had been prosecuted and convicted of crimes related to tampering with essential infrastructure
BUSISIWE MAVUSO: Comair downed by competition, but no such pressure on Transnet
POSTED ON: June 14, 2022 IN by Admin
By Busiswe Mavuso
Comair’s demise after more than six decades of operation reflects the harshness of the competitive nature of the free market.
BLSA CEO’s Letter – 12 June 2022
POSTED ON: June 13, 2022 IN by Admin
By Busisiwe Mavuso
The challenge is to ensure all collaborators have sufficient capacity to engage and plan for joint action
Busisiwe Mavuso| Reserve Bank warns that risk of FATF grey listing is high
POSTED ON: June 10, 2022 IN by Admin
By Busisiwe Mavuso
Apart from the increased costs of international transactions, the country’s reputation would take a battering.
BUSISIWE MAVUSO: SA needs Chinese-like commitment to its development plan
POSTED ON: June 7, 2022 IN by Admin
By Busisiwe Mavuso
Quality education enabled individuals to fulfil their potential while a reliable energy supply was a prerequisite for economic growth.
BLSA CEO’s Letter – 06 June 2022
POSTED ON: June 6, 2022 IN by Admin
By Busiswe Mavuso
BLSA looks forward to more work with the police and communities to improve SA’s fight against crime.
Busisiwe Mavuso | State capture: Join the dots, find the money
POSTED ON: June 3, 2022 IN by Admin
By Busisiwe Mavuso
Tracking the money down is important but difficult.
Press release: BLSA and partners offer Nelson Mandela Bay drought solutions
POSTED ON: May 31, 2022 IN by Admin
TAMDEV is conceptualised as giving institutional form to a collaboration between government and business.
Press release: Giving entrepreneurs the necessary capacity
POSTED ON: IN by Admin
22 On Sloane aims to assist approximately 100 entrepreneurs through the Capacity Building Programme.
Press Release: Offering SMMEs affordable funding
POSTED ON: IN by Admin
Enterpriseroom is dedicated to achieving socioeconomic transformation by starting, sustaining, growing and developing small and medium-sized businesses.
Press Release: BLSA and partners help address unemployment
POSTED ON: IN by Admin
A total of 364 students have completed their training and 260 have been placed in various jobs.
BUSISIWE MAVUSO: Upgraded credit rating by S&P Global boosts SA’s allure to investors
POSTED ON: IN by Admin
By Busiswe Mavuso
Thanks to rising commodity prices and the improved debt outlook SA has been popular among global investors.
BLSA CEO’s Letter – 30 May 2022
POSTED ON: May 30, 2022 IN by Admin
By Busisiwe Mavuso
The global commodity price shock has been a dose of good luck.
Busisiwe Mavuso | Act against those who sabotage our economy and livelihoods
POSTED ON: May 27, 2022 IN by Admin
By Busisiwe Mavuso
We are facing a national crisis and every act designed to destabilise supply is an act of treason.
BUSISIWE MAVUSO: Fighting inflation is a pro-poor intervention
POSTED ON: May 24, 2022 IN by Admin
By Busisiwe Mavuso
Our government is facing a tough situation, but it’s one that would be far more manageable had our economy been in a stronger position today.
BLSA CEO Letter – 23 May 2022
POSTED ON: May 23, 2022 IN by Admin
By Busisiwe Mavuso
BLSA is not a single entity that can be called “business”. There is no such thing.
Busisiwe Mavuso | Small businesses could be creating millions of jobs in SA, so why aren’t they?
POSTED ON: May 20, 2022 IN by Admin
By Busisiwe Mavuso
The sooner all these reforms are implemented and the economy is functioning efficiently, the sooner we will have an environment that is conducive for businesses of all sizes to grow.
BUSISIWE MAVUSO: Mining Indaba shows Mantashe has to get cracking
POSTED ON: May 17, 2022 IN by Admin
By Busisiwe Mavuso
The lack of investment in the mining sector reflects investor concerns over persistent regulatory uncertainty.
BLSA CEO Letter – 16 May 2022
POSTED ON: May 16, 2022 IN by Admin
By Busisiwe Mavuso
The private sector is going to be largely responsible for generating and selling electricity.
Busisiwe Mavuso | We need more private sector involvement to help govt solve SA’s problems
POSTED ON: May 13, 2022 IN by Admin
By Busi Mavuso
The more that government brings in the private sector to help tackle such problems, the quicker they will be resolved.
BUSISIWE MAVUSO: Pushing back financial close for renewable energy bids is fatal
POSTED ON: May 10, 2022 IN by Admin
By Busisiwe Mavuso
SA cannot afford to suffer further delays to getting new energy on grid.
BLSA CEO’s Newsletter – 09 May 2022
POSTED ON: May 9, 2022 IN by Admin
By Busisiwe Mavuso
Real progress is happening and it is taking us towards a far better environment for business and the public.
Busisiwe Mavuso | 3 levers SA needs to pull to rebuild confidence and rejuvenate our economy
POSTED ON: May 6, 2022 IN by Admin
By Busisiwe Mavuso
How we act in the short term is important in terms of determining the type of society we are to become.
BUSISIWE MAVUSO: State capture report shows how cadre deployment wrecked SA
POSTED ON: May 4, 2022 IN by Admin
By Busisiwe Mavuso
In his latest report, Zondo also makes it clear that it should be a crime for government officials not to do their due diligence.
BLSA CEO’s Newsletter – 03 May 2022
POSTED ON: May 3, 2022 IN by Admin
By Busisiwe Mavuso
The responsibility of employers is clear: they have to protect the health and safety of their employees.
Busisiwe Mavuso | The public-private partnership model will be crucial in upgrading SA’s ports
POSTED ON: April 29, 2022 IN by Admin
By Busisiwe Mavuso
Today we have a situation where ships are spending days or weeks lying at anchor before they can be processed at our ports. This affects businesses across the port logistics supply chains who experience significant delays as well as financial losses.
BUSISIWE MAVUSO: State of water and wastewater treatment is sliding deeper into the dwang
POSTED ON: April 26, 2022 IN by Admin
By Busi Mavuso
Putting the health of our citizens at risk and jeopardising the security of the country’s clean water supply is a serious crime.
BLSA CEO’s Newsletter – 25 April 2022
POSTED ON: April 25, 2022 IN by Admin
By Busisiwe Mavuso
There were clear missteps that we have learned from. That learning must be fully absorbed into how we use the new regulations to deal with the pandemic.
Busisiwe Mavuso | Time for SA to increase its investment in climate adaptation measures
POSTED ON: April 22, 2022 IN by Admin
By Busisiwe Mavuso
With more climate crises on the horizon, it’s time for our country to increase its investment in climate adaptation measures.
Busisiwe Mavuso | Why education must be at the core of everything we do
POSTED ON: February 17, 2022 IN by Admin
By Busi Mavuso
The overall objective is to equip every school leaver with the ability to integrate into society with skills that make them directly employable
PRESS RELEASE: Alleged Sale of Weapons to Russia
POSTED ON: May 12, 2023 IN by Admin
Traditionally BLSA would not comment on foreign policy issues. But our government’s stance on the Ukraine conflict is now having serious consequences for our economy and our ability to recover from the other crises our country faces. The US and European markets are particularly important for our manufactured goods, the kind that sees far more…