Godongwana sets example for strong fiscal discipline
POSTED ON: November 15, 2021 IN Economic growth, Economic policy by Admin
By Busi Mavuso
On behalf of Business Leadership SA, I congratulate finance minister Godongwana for delivering a credible and disciplined first #MTBPS2021 in parliament.
We’re ready for another bold move, Mr President
POSTED ON: October 19, 2021 IN Economic growth, Employment, Unemployment by Admin
By Busi Mavuso
The IMF’s medium-term forecasts have alarming implications for our unemployment situation.
BLSA CEO’s letter – 6 September 2021
POSTED ON: September 5, 2021 IN BLSA CEO's Weekly, Economic growth, Unemployment 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.
A job is still the best social security in these times
POSTED ON: August 24, 2021 IN Economic growth, Economic policy 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.
Rebuilding confidence of small business is key to jobs and growth crisis battle
POSTED ON: August 10, 2021 IN Economic growth, Employment, small business by Admin
By Busi Mavuso
BLSA CEO’s letter – 10 August 2021
POSTED ON: IN BLSA CEO's Weekly, Economic growth, Economic policy 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.
Treasury has some space to support businesses and workers
POSTED ON: July 5, 2021 IN Covid-19, Economic growth, Employment 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.
Another positive economic reform in the corporatisation of Transnet ports authority
POSTED ON: June 28, 2021 IN Economic growth, Infrastructure, SOEs by Admin
By Busi Mavuso
The corporatisation of the Transnet National Ports Authority by President Cyril Ramaphosa is yet another positive step in restructuring our SOEs.
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…
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.