By Busi Mavuso

Tonight we head into a first in South Africa’s young history, with the entire population being placed under lockdown for our greater good.

BLSA CEO Busisiwe Mavuso says Broad-Based Black Economic Empowerment (B-BBEE) needs to create job opportunities.

The dual catastrophes of South Africa’s unemployment and economic growth situations can only be met by leadership with a will to make the right but perhaps politically less palatable choices.

President Cyril Ramaphosa gave a positive SONA 2020 with some real plans to deal with our economic problems. The challenge is implementation.

As difficult a path that business rescue is, and as wary as we are of the unintended consequences, the shareholder’s stance in the SAA matter has put to paid one thing: companies are not too big to fail. Eskom, of course is a special case. This should however not incentivise unions to prolong their rigid approach; rather, they should try and be part of the solution.

THE sixth administration is going to have to face up to some hard truths over the next few months if it is going to show some real commitment to drawing a line in the continued deterioration of its finances. There’s no harder truth than its bloated wage bill.

In line with Global Entrepreneurship Week last month, FNB Business conducted a series of engagements with township entrepreneurs across South Africa’s biggest townships. The engagements started in Tembisa and Soweto townships in Gauteng and were followed by uMlazi Township in KwaZulu- Natal and Khayelitsha in the Western Cape. Mike Vacy-Lyle, CEO of FNB Business said…