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


POSTED ON: August 30, 2021 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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The cost of the economic damage will be borne by the most vulnerable


POSTED ON: July 19, 2021 IN , by Admin

By Busi Mavuso

The cost of the economic carnage in KZN and Gauteng will be carried by the most vulnerable segments of South African society.

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BLSA CEO’s letter – 19 July 2021


POSTED ON: IN , by Admin

By Busi Mavuso

The president’s speech on Friday evening, flanked by the heads of the police and army, was the right message to convey to the public.

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Difficult week, but South African institutions endure


POSTED ON: July 13, 2021 IN , , by Admin

By Busi Mavuso

The rule of law took precedence over political prudence. No-one can display the contempt of court that Zuma did without expecting consequences.

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BLSA CEO’s weekly letter – 12 July 2021


POSTED ON: July 12, 2021 IN , , , by Admin

By Busi Mavuso

Business confidence has had a shot in the arm from several directions at once. The arrest Jacob Zuma and improvements in vaccination rates are some of the reasons why.

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Treasury has some space to support businesses and workers


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

By Busi Mavuso

The state should consider providing further social support for the vast majority of South Africans who aren’t as shielded from the economic strain caused by these unavoidable lockdowns.

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