It’s urgent fiscal reform — or bust


POSTED ON: September 28, 2021 IN , by Admin

By Busi Mavuso

Inflationary pressures, if sustained, suggest that we should focus on fiscal and policy reform to ensure that our economic rebound from last year’s catastrophic collapse continues.

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Q3 business confidence figures show the slippery slope


POSTED ON: September 14, 2021 IN , , by Admin

By Busi Mavuso

Last week, we got bits of economic data reflecting the effects of the July unrest. The RMB Business Confidence Index slumped back into negative territory (below 50 points) in Q3, falling seven points to 43.

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Alert level 2 is the next logical phase to move to


POSTED ON: September 6, 2021 IN , by Admin

By Busi Mavuso

The current Level 3 runs to 15 October – that is too long to wait. A shift to level 2 should happen sooner.

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BLSA CEO’s letter – 6 September 2021


POSTED ON: September 5, 2021 IN , , by Admin

By Busi Mavuso

I want to add my welcome to the incoming president Bonang Mohale and deputy president Adrian Gore, who are taking up the leadership of Business Unity South Africa (BUSA) at this crucial point.

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BLSA CEO’s letter – 30 August 2021


POSTED ON: August 30, 2021 IN , by Admin

By Busi Mavuso

I feel positive that we are moving in the right direction, both on the vaccine programme and the economic policy changes needed.

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Record unemployment will worsen if we can’t unlock infrastructure promise


POSTED ON: IN , by Admin

By Busi Mavuso

If we thought we had a jobs crisis on our hands before this pandemic, we now we have something much, much larger than we had ever imagined.

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A job is still the best social security in these times


POSTED ON: August 24, 2021 IN , by Admin

By Busi Mavuso

The green paper on a new social security reform programme would be debilitating on workers as they would have to contribute between 8% and 12% of their earnings.

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BLSA CEO’s letter – 10 August 2021


POSTED ON: August 10, 2021 IN , , by Admin

By Busi Mavuso

I wish Finance Minister Enoch Godongwana all the best in his new role. He is taking on one of the most difficult jobs in the country. It is central to business confidence.

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Pension rule changes are a short term-fix, growth is essential


POSTED ON: August 3, 2021 IN , , by Admin

By Busi Mavuso

I think that the idea to allow withdrawals from their pension comes with some dire consequences if one considers that only 6% of South Africans retire with enough savingS.

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Resilient South African businesses start road to recovery after protests


POSTED ON: August 2, 2021 IN , by Admin

By Busi Mavuso

As BLSA, we’ve asked the state to step in and aid the rebuild effort. National Treasury’s R39bn package to provide relief to businesses and the poor should be welcomed.

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