BLSA lauds announcement on energy security and SAA partnership
POSTED ON: June 11, 2021 IN Economic growth, Economic policy, Employment, Energy, Infrastructure, Media statement, SOEs by BLSA
Business Leadership South Africa (BLSA) welcomes yesterday’s announcement by President Cyril Ramaphosa that the licensing exemption threshold for own generation under schedule 2 of the Electricity Regulation Act, (ERA) will be lifted to 100MW. The own generation threshold was higher than business had hoped for and means that firms such as mines and large industrial…
Eyes and Ears, Memeza crime operation yields positive results
POSTED ON: June 10, 2021 IN Economic policy, Infrastructure, Latest news, Media statement, small business by BLSA
Business Leadership SA has hailed efforts by the Eyes and Ears initiative and Memeza crime-fighting project to tackle crime at non-fee-paying schools.
Unemployment reflects the economy’s underlying struggles
POSTED ON: June 9, 2021 IN Economic growth, Economic policy, Unemployment by Admin
By Busi Mavuso
Q1 GDP figures provide further evidence of the economy’s rebound from the devastation of the Covid-19 pandemic that resulted in our worst economic performance in a century.
Press release: BLSA concerned at low investment levels and calls for rapid delivery of Economic Reconstruction and Recovery Plan
POSTED ON: June 8, 2021 IN #EconomicGrowthSA, Economic growth, Political economy by Admin
Today’s economic growth figures show that the economy is struggling to recover. While there were some areas that grew, the overall picture shows that much of the economy remains weak.
Youth day and a ballooning youth unemployment
POSTED ON: IN Economic policy, Employment by Admin
By Busi Mavuso
Next week we will mark 45 years since the June 1976 Soweto protests that would prove to be one of the most important dates in our struggle against apartheid. However, as we head towards Youth Day on 16 June, the official unemployment rate in the 15-34 age bracket sits at 46,3%.
BLSA CEO’s letter 7 June 2021
POSTED ON: June 7, 2021 IN BLSA CEO's Weekly, Economic growth by Admin
By Busi Mavuso
One area the economic reconstruction and recovery plan is clear on is energy security. As our economy reels from more devastating load-shedding, the urgency of this is ever more apparent.
Land reform: The problem is implementation, not the Constitution
POSTED ON: June 1, 2021 IN Economic growth, Political economy, Politics by Admin
By Busi Mavuso
We need close collaboration with the state to ensure land reform is implemented in a way that doesn’t threaten food security, the agriculture sector and property security.
SA is falling down global league rankings
POSTED ON: IN #EconomicGrowthSA, Economic policy by Admin
By Busi Mavuso
South Africa’s “beachhead” advantage of a gateway to Africa, long trumpeted, may be waning.