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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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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BLSA CEO’s weekly letter – 5 July 2021


POSTED ON: IN , by Admin

By Busi Mavuso

The business sector is a national asset. Government needs to work with it to ensure it is not unnecessarily damaged.

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BLSA lauds announcement on energy security and SAA partnership


POSTED ON: June 11, 2021 IN , , , , , , 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…

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Eyes and Ears, Memeza crime operation yields positive results


POSTED ON: June 10, 2021 IN , , , , 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.

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Unemployment reflects the economy’s underlying struggles


POSTED ON: June 9, 2021 IN , , 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.

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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 , , 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.

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Youth day and a ballooning youth unemployment


POSTED ON: IN , 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%.

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State must be open about restrictions as third wave looms


POSTED ON: May 18, 2021 IN , , by BLSA

By Busi Mavuso
Growing evidence that a third wave of Covid infections is imminent has dampened the optimism of SA entering the second phase of its vaccination rollout this week.

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BLSA, BUSA launch research report into localisation policy


POSTED ON: May 17, 2021 IN , , by BLSA

By BLSA
Today Business Leadership South Africa and Business Unity South Africa jointly launched a localisation report that seeks to contribute to policy on promoting local manufacturing in SA.

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