The BLSA Hub

By Busi Mavuso

SA can’t afford to lose hope and resign to the worst. Business and government have to work together to ensure that the least amount of lives are lost and that the economy holds a promise of a better tomorrow.

By Busi Mavuso

Not all government debt is bad. The key is to ensure funds are geared towards growth-enhancing measures that will benefit the vast majority.

SA could see the end of loadshedding by August next year, by when Eskom hopes to have eliminated the backlog in its maintenance programme, CEO André de Ruyter told business leaders in a webcast organised by BLSA on 26 June 2020.

By Busi Mavuso

As we gear up to drive an economic recovery, the downgrades of the Industrial Development Corporation and the Development Bank of Southern Africa make it more difficult for the two institutions to fund investment to support the economy.

By Busi Mavuso

SA runs the real risk of a sovereign debt crisis in about three years, which will feed into all our major corporations and our banking sector that managed to successfully navigate the global financial sector crash of 2008.

We congratulate Tito Mboweni for tackling the key question in the supplementary budget of whether we continue a decline or start a process of renewal.

By Busi Mavuso

Tomorrow’s emergency budget is supposed to map a way forward for just how the state will help galvanise an economy bludgeoned by the effects of the lockdown.

Business is asking three questions ahead of the emergency budget: where the money is going to come from, how the high deficit will be met and what phase three of the economic strategy will look like.

By Tebele Luthuli

With many businesses under extreme strain due to the Covid-19 pandemic, desperate measures seem to include much that is seemingly unethical.

By Busi Mavuso

We applaud the NPA for the arrests of suspects linked to the looting of VBS Bank and offer our full support as it pursues justice.