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<p>&nbsp;</p>
<p>Infrastructure investment in South Africa has fallen sharply over the past six years. This is from 20.3 per cent of GDP in 2015, to 17.9 per cent in 2019.</p>


BLSA20

BLSA Chair, Nyembezi on how to unblock infrastructure investment bottlenecks

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<p>Bonang Mohale has decided to call it quits at Business Leadership South Africa. He has been in the driving seat since 2017. His departure comes two weeks after his counterpart at Business Unity South Africa Tanya Cohen decided to step down. He joins CNBC Africa for more.</p>


Would outgoing BLSA CEO Bonang Mohale say yes to Eskom job?

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<p>Business Leadership South Africa has weighed in on recent economic events, calling for strong and ethical leadership to guide us through an economy that is on its knees, says BLSA CEO Bonang Mohale, he spoke to CNBC Africa reporter Kopano Gumbi.</p>


BLSA stands behind SARB mandate

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<p>Small businesses are essential to the South African growth story, but they can only grow if they are given access to core markets, says Bonang Mohale of Business Leadership South Africa. He spoke to CNBC Africa about how they are opening the doors for more businesses.</p>


SMEs must contribute more to SA’s economy – Bonang Mohale

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<p>CNBC Africa&#8217;s Fifi Peters caught up with Bonang Mohale, CEO of Business Leadership South Africa who sounds his confidence at the South African good story being shared there.</p>


Bonang Mohale: How SA is regaining investor confidence

<p><strong>JOHANNESBURG, 15 JUNE 2018</strong> – Partners, sponsors and members of the media gathered at Emoyeni Estate on Thursday, 14 June 2018 to meet the 8<sup>th</sup> All Africa Business Leaders Awards (AABLA™) Southern Africa judging panel and celebrate the start of the 2018 AABLA™ season.</p>
<p>The AABLA™ Southern Africa judging panel, supported by Auditing Partner Grant Thornton, includes:</p>
<p><em>Mr Sam Bhembe, CNBC Africa Non-Executive Director (Head Judge)</em></p>
<div id="attachment_309345" style="width: 810px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-309345" class="size-full wp-image-309345" src="http://cnbc.africa/wp-content/uploads/2018/06/AABLA-Media-Launch-2018-114B.jpg" alt="" width="800" height="1080" /><p id="caption-attachment-309345" class="wp-caption-text">Lindi Bhembe with AABLA Head Judge Sam Bhembe.</p></div>
<p><em>Mr Lee Naik, CEO of TransUnion Africa</em></p>
<p><em>Mr Jonathan Foster-Pedley, Dean and Director of Henley Business School Africa</em></p>
<p><em>Ms Anthea Gardner, CEO of Cartesian Capital</em></p>
<p><em>Ms Monique Vanek, CNBC Africa News Editor</em></p>
<p><em>Mr Bonang Mohale, CEO of Business Leadership South Africa</em></p>
<p><em>Dr Snowy Khoza, Executive Chairperson of Bigen Africa</em></p>
<p>The evening also welcomed 2018 category sponsors:</p>
<ul>
<li><em>Young Business Leader of the Year Presented by Lancaster University</em></li>
<li><em>Company of the Year Presented by Hollard</em></li>
<li><em>Industrialist of the Year Presented by the Industrial Development Corporation (IDC)</em></li>
</ul>
<p>Radio Partner Kaya FM and Magazine Partner Forbes Africa join the awards alongside strategic partner Thomson Reuters to amplify this year’s AABLA™ results.</p>
<p>Guests were spoilt for choice between warming up at the Honor Cognac bar or enjoying the view of Johannesburg’s nighttime skyline at Hollard’s purple gin bar, whilst networking with some of the high-caliber guests in attendance.</p>
<p>“After winning the award, many opportunities opened up”, shared Young Business Leader of the Year 2017 – Southern Africa and founder of DNA Brand Architects Sylvester Chauke. “We found ourselves traveling across the world showcasing our business as people were interested in what we do. We’ve been able to grow our business incredibly – 35% to be exact, just in one year – phenomenal growth,” added Chauke.</p>
<p>This year’s finalists will follow in the footsteps of the 2017 AABLA™ All Africa winners:</p>
<p><em>Young Business Leader of the Year Presented by Lancaster University </em></p>
<p>Alloysius Attah &#8211; Farmerline, CEO</p>
<p><em>Business Woman of the Year Presented by Wiphold</em></p>
<p>Oluwatoyin Sanni &#8211; United Capital PLC, Group CEO</p>
<p><em>Innovator of the Year </em></p>
<p>James Steere &#8211; Co-Founder, i-Drop Water</p>
<p><em>Industrialist of the Year Presented by the Industrial Development Corporation (IDC)</em> General Mthembu – Founder, Mthembu Tissue Converting</p>
<p><em>Entrepreneur of the Year </em></p>
<p>Ivan and Lynette Saltzman &#8211; Founders, Dischem Pharmacies</p>
<p><em>Philanthropist of the Year </em></p>
<p>Jannie Mouton &#8211; Founder and Chairman, PSG Group</p>
<p><em>Company of the Year </em></p>
<p>Capitec Bank Holdings Ltd</p>
<p><em>Business Leader of the Year </em></p>
<p>Herbert Wigwe &#8211; Access Bank PLC, CEO</p>
<p><em>Lifetime Achievement Award </em></p>
<p>Dr Samuel Motsuenyane – Founder, Dr Sam Motsuenyane Rural Development Foundation</p>
<p>For more information and to submit a nomination, visit <a href="http://www.aablawards.com/">www.aablawards.com</a> and follow the 8<sup>th</sup> All Africa Business Leaders Awards (AABLA™) in Partnership with CNBC Africa on Twitter: @aablawards and #AABLA2018. Nominations close on 30 June 2018.</p>
<p>The event is proudly produced by ABN Event Productions.</p>


Southern Africa Judges announced for 2018 All Africa Business Leaders Awards

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<p>There is little denying that there is a new breeze flowing through South Africa with a matching optimism found in business confidence and that the new order will arrest the drain of fund we have seen flowing from state owned institutions.</p>


BLSA welcomes probe into state capture

<p>Business Leadership South Africa congratulates the ANC delegates on the election of the new leadership team led by president Cyril Ramaphosa.</p>
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<p>We call upon the new leadership of the ANC to now focus on the urgent task of addressing inequality, unemployment and poverty in our country. This can only be tackled by growing an inclusive economy that creates jobs. For this to happen, we require regulatory certainty and policy stability that will accelerate and deepen transformation.</p>
<p>More than ever, we need focused, ethical and moral leadership from the ruling party, government and business, working in partnership. Rooting out corruption and defeating state capture in both the private and public sectors remain a priority.</p>
<p>Business believes in South Africa. We stand ready to work with this ANC-led government towards achieving our NDP 2030 goals. We share the values set out in our constitution. We want to play our full part in the transformation that South Africa so desperately needs. When the economy is strong, South Africa is strong. When business does well, society generally does well too.</p>
<p>“Our call is a simple one: we cannot shatter the hopes of millions of South Africans. Government, business and civil society must work hard together to fundamentally change South Africa from a land in which the majority still live with little hope to one in which they can now live and work with dignity, with a renewed sense of self-esteem and confidence in the future,” said Bonang Mohale, CEO of BLSA.</p>
<p>Mohale continued: “For its part, business, as represented by BLSA, is committed to working with this new leadership. As set out in our Contract with South Africa, we have committed ourselves to work towards faster, inclusive growth, transformation of our workplaces, growth of small business and, most importantly, job creation &#8211; especially amongst our youth. In the last few months, we have made considerable progress in implementing these decisions. BLSA looks forward, with great anticipation, to working with the new president and team.”</p>


Business Leadership South Africa congratulates new ANC leadership

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<p>In a bid to clear its image from being perceived as the enemy of government, Business Leadership South Africa released a Quantec Report today telling of businesses contribution to South Africa.</p>


BLSA’s Mohale answers Zuma’s question, what is state capture?

<p>Business is the most significant direct contributor to the South African economy. These were among the findings in a report by Quantec Research, a South African economic consultancy, commissioned by Business Leadership South Africa (BLSA).</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-122876 size-full" src="http://cnbc.africa/wp-content/uploads/2017/05/Business_Pexels.jpg" alt="" width="1546" height="1024" /></p>
<p>Other findings include:</p>
<ul>
<li><strong>Business is the most significant direct contributor to the South African economy</strong>. The direct output created* by BLSA members** alone was R1.9 trillion in 2016. That’s 1.2 times the value of total budgeted expenditure by government in 2016 and even that only represents a portion of the total impact of business.</li>
<li><strong>Big business support small enterprises in the supply chain</strong>. Nearly R1 trillion, or 66.7% of BLSA member expenditure was paid to suppliers, enabling them to employ people, pay taxes, purchase supplies and make investments. BLSA collectively received 34.4 points out of 40 for black enterprise development as prescribed by BEE Codes.</li>
<li><strong>Business employs 6.9 times the number of public sector employees. </strong>BLSA members themselves employ 1.29 million people, with another 1.97 million jobs supported in the supply chain. 596,719 people are dependent on BLSA employees. The 57 member companies in the study contribute 23.5% of total private sector employment, and pay full-time and part-time employees just under R2 trillion. A further R8.7 billion was devoted to training and skills development for BLSA’s employees.</li>
<li><strong>Business contributes to the public sector and supports the most important institutions of state through taxation.</strong> Taxation to government from BLSA members alone amounted to over R431 billion in 2016, 35.9% of total taxes collected. That’s the equivalent of more than one million teacher’s salaries, or almost two million police officers, or almost 1.5 million low-cost housing units.</li>
<li><strong>The direct positive impact of business on the economy and the lives of South Africans is significant, but the knock-on effects are often even greater.</strong> For every 1 rand of economic activity that BLSA members generate directly, a further 64c is added to the country’s GDP with an economy-wide impact of R2.59. And for every 100 people that were directly employed by BLSA members, another 153 indirect job opportunities were supported.</li>
<li><strong>Business is a key contributor to South Africa’s GDP. </strong>BLSA members contributed roughly 36% of the total South African domestic economy’s output in 2016, compared to government’s 11.7%, while contributing 34% of the country’s GDP.</li>
</ul>
<p>Bonang Mohale, Chief Executive of BLSA, says the report &#8220;confirms that business is a vibrant part of South African economy and society and a significant national asset. The footprint of BLSA’s members alone is notable – often bigger than that of Government itself. It’s a reminder that business touches every part of South African life and has a positive role and voice to play in the success of the nation.”</p>
<p>He added: “Despite its already outsized contribution, Business is committed to doing more to encourage inclusive economic growth and transformation. That is why earlier this year we launched our #Business Believes campaign where business made various commitments to society. Government must create the economic and policy conditions necessary for growth to occur, and then together business, government and civil society can work to put the South African economy back on track.”</p>


This is how much business contributes to South Africa

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<p>South Africa&#8217;s Finance Minister Malusi Gigaba’s maiden Medium-Term Budget Policy Statement revealed a bleak state of public finances. The economic growth forecast was revised down to 0.7 per cent from 1.3 per cent for 2017.</p>


Key outcomes from Gigaba’s maiden budget speech

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<p>Business lobby groups, have called for the reinstatement of former acting Eskom CEO Johnny Dladla as concerns around the capture of Eskom grow. Joining CNBC Africa for more is the CEO of Business Leadership South Africa, Bonang Mohale.</p>


Business bodies call for reinstatement of former Eskom acting CEO

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<p>It’s been a week to forget for the South African Chapter of KPMG. Today Business Leadership South Africa suspended the auditor’s membership, yesterday the Reserve Bank governor warned of risks to the broader financial system from the KPMG saga.</p>


KPMG SA’s new CEO speaks frankly on Gordhan, reputational damage, Guptas, BLSA

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<p>Giving a speech in Alexandra today, Bonang Mohale, the Chief Executive of Business Leadership South Africa, began a fightback against the hashtag white monopoly capital campaign, with a clear message: #BusinessBelieves in South Africa.</p>


BLSA fights back white monopoly capital campaign with #BusinessBelieves

<p>Bonang Mohale, the Chief Executive of Business Leadership South Africa (BLSA), this morning launched #BusinessBelieves in South Africa campaign.</p>
<p>The campaign takes aim at the White Monopoly Capital (#WMC) propaganda that was allegedly peddled by the Guptas and their former PR company Bell Pottinger.</p>
<p><strong>SEE BLSA STATEMENT BELOW</strong></p>
<p>Mohale said BLSA members are committed to economic transformation, so that the country works for everyone, summing up his organisation’s values in an historic six-point ‘Contract with South Africa’ – which includes a focus on job creation, inclusive economic growth, empowering black business and crushing corruption.</p>
<p>Mohale said: “Business Believes in South Africa. South Africa’s future and our future as businesses are inseparable. We want the transformation so many in this country need so desperately. We share the values set out in its constitution. And we say humbly: we want to play our part in ensuring that South Africa works for everyone.”</p>
<p>He went on: “We are fighting back against the falsehoods of the White Monopoly Capital campaign and we are asserting business as a positive force in the life of this country.”</p>
<p>He argued: “Too many people are still living low quality lives – denied the fair chance that Madiba demanded on their behalf. Too often the dream of an equal South Africa has been betrayed. Our society continues to be ravaged by unemployment, poverty, nepotism and corruption.”</p>
<p>Mohale called on all political parties and civil society to make inclusive economic growth their priority, saying: “Because business believes when the economy is strong, South Africa is strong.”</p>
<p>Bonang Mohale and Nicky Newton-King, CEO of the Johannesburg Stock Exchange (JSE), signed the following contract on behalf of the BLSA Board and Council.</p>
<p><strong><u>BLSA CONTRACT WITH SOUTH AFRICA</u></strong><strong> </strong></p>
<ul>
<li><strong>Create jobs by growing the economy.</strong></li>
</ul>
<p>Between 1993 and 2015, South Africa’s private sector created 2.65 million jobs (Source: World Bank). Our aim is to create even more jobs.</p>
<ul>
<li><strong>Encourage and empower senior black leadership.</strong></li>
</ul>
<p>Ultimately, the best way to close the opportunity gap is to invest in more businesses owned, run by, and employing black South Africans. We pledge to grow a new generation of black business leaders and entrepreneurs.</p>
<ul>
<li><strong>Invest in South Africans</strong></li>
</ul>
<p>South Africa can only meet the challenges of the future with a highly-skilled workforce.</p>
<p>We will train South African managers and workers for the challenges ahead.</p>
<ul>
<li><strong>Invest in communities.</strong></li>
</ul>
<p>Business owes it to South Africans to do more to ensure the communities in which they operate thrive and prosper.</p>
<ul>
<li><strong>Support small businesses.</strong></li>
</ul>
<p>They should be the lifeblood of our economy &#8211; but too often they struggle. It is our duty to help them succeed by financing new businesses, training and mentoring entrepreneurs for success.</p>
<ul>
<li><strong>Condemn and root out corruption<br />
</strong>Corruption and state capture are the cancers that are eating away at our society. They must be rooted out, crushed and punished where we find them in the public or private sector.</li>
</ul>
<p>Mohale also said: “Corruption and state capture are the cancers eating away at this society. We cannot create the conditions for inclusive growth in the face of state capture and corruption. Everyone who cares about this country must cry, ‘Not in my name!’ wherever they see evidence of corruption, whether in the public or private sector.”</p>
<p>He accepted there were areas where business needed to clean house – committing to and signing an Integrity Pledge, where BLSA members have zero tolerance of corruption – but pointed out the bigger problem was in Government: “We cannot grow our economy when these are the cancers eating away at our country. They must be rooted out and crushed.”</p>
<p>To create the policy environment necessary for favourable conditions for the economy to grow and succeed, “we need to see our commitment matched by government and labour, and BLSA will work with these stakeholders to map out a clear path to prioritise job creation and inclusive economic growth.”</p>
<p>“Only by upholding this contract that we have made today, will we ensure that the South Africa of Nelson Mandela’s dream – where everyone prospers &#8211; will become a reality,” concluded Mohale.</p>
<p>&nbsp;</p>


Business Leadership South Africa launches campaign that fights #WMC propaganda

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<p>Bonang Mohale has been appointed as the CEO elect of Business Leadership South Africa, effective from 1 July 2017. This ends a distinguished term as Vice President Upstream and Chairman of Shell South Africa Limited.</p>


Business Leadership South Africa appoints Bonang Mohale as CEO

<p>Bonang Mohale has been appointed as the new CEO of Business Leadership South Africa (BLSA), effective from 1 July 2017. Mr Mohale, who ends a distinguished term as Vice President Upstream and Chairman of Shell South Africa (Pty) Limited at the end of June, replaces Thero Setiloane, whose term expired in December 2016.</p>
<p>Mr Mohale has been serving as the organisation’s Deputy Chairman for the past eight months. He will vacate this non-executive role for the duration of his term as CEO. Adrian</p>
<p>Enthoven, Chairman of Hollard Insurance, will assume the position of Deputy Chairman of BLSA.</p>
<p>“The board of BLSA are delighted that someone of Bonang Mohale’s calibre and immense leadership ability has agreed to steer the organisation through the most challenging environment the organisation has faced since 1994,” said Chairman Jabu Mabuza. “His depth of experience, integrity and courage makes him a great fit for the position.”</p>
<p>BLSA is an organisation of 80 CEOs of South Africa’s largest businesses and multinational companies. BLSA is committed to creating a South Africa of increasing prosperity for all by harnessing the resources and capabilities of business in partnership with Government, Labour and civil society to deliver inclusive economic growth, transformation and shared value.</p>
<p>Mr Mohale said: “It will be an honour for me to marshal the resources and capabilities of business to create a South Africa that works for all. In the next 12 months my focus will be to re-assert business as the solution and not the enemy because when business does well, society does well, help combat state capture, work with labour and government to get the economy out of this recession and going again, create jobs and accelerate transformation. I plan to reposition business as a trusted advisor, partner of choice and doing everything possible to make Government a capable state”.</p>
<p>Mr Mohale, who originally studied to be a medical doctor, has had a distinguished career at the helm and in leadership roles of several major South African and multinational companies; including Otis Elevators, South African Airways, Sanlam, and Drake &amp; Scull Integrated Facilities Management. He currently serves on the Boards of Swiss Re Africa (12 years); Hollard Insurance (11 years); Rand Merchant Bank &amp; Oakhurst Insurance (Chairman). Mr Mohale has an impressive track record of both building successful companies and making significant advances in transformation in the companies he has been involved in. He has been a vocal and active proponent of transformation since the 1980s, and played a leadership role in the Black Management Forum for over 33 years.</p>
<p>Mr Mohale was, among others, awarded the “BMF Manager of The Year: 1997”; November 2001 he received the Presidential Award for his “Servanthood in South African Industry &amp; the Economic Empowerment of Previously Disadvantaged Individuals”; was conferred an Honorary Professorship in Marketing Management in 2012 by the University of Pretoria, where he serves on their Advisory Council; awarded the IPM “CEO of the Year:2012”; SADC “Titans – Building the Nation: 2014” and “The Momentum Friendship Blazer: 2015” as recognition for being the ‘Nation Building Champion’.</p>
<p>“All South Africans seek unity around positive aspirations. It will be very important for business to be introspective about its position in society to inspire agreement and provide duty of care, skill and diligence to our shared vision of a growing, inclusive economy,” said Mr Mohale.</p>


Business Leadership South Africa

BLSA Chair, Nyembezi on how to unblock infrastructure investment bottlenecks

Would outgoing BLSA CEO Bonang Mohale say yes to Eskom job?

BLSA stands behind SARB mandate

SMEs must contribute more to SA’s economy – Bonang Mohale

Bonang Mohale: How SA is regaining investor confidence

Southern Africa Judges announced for 2018 All Africa Business Leaders Awards

BLSA welcomes probe into state capture

Business Leadership South Africa congratulates new ANC leadership

BLSA’s Mohale answers Zuma’s question, what is state capture?

This is how much business contributes to South Africa

Key outcomes from Gigaba’s maiden budget speech

Business bodies call for reinstatement of former Eskom acting CEO

KPMG SA’s new CEO speaks frankly on Gordhan, reputational damage, Guptas, BLSA

BLSA fights back white monopoly capital campaign with #BusinessBelieves

Business Leadership South Africa launches campaign that fights #WMC propaganda

Business Leadership South Africa appoints Bonang Mohale as CEO

BLSA appoints Bonang Mohale as CEO

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Business Leadership South Africa

BLSA Chair, Nyembezi on how to unblock infrastructure investment bottlenecks

Would outgoing BLSA CEO Bonang Mohale say yes to Eskom job?

BLSA stands behind SARB mandate

SMEs must contribute more to SA’s economy – Bonang Mohale

Bonang Mohale: How SA is regaining investor confidence

Southern Africa Judges announced for 2018 All Africa Business Leaders Awards

BLSA welcomes probe into state capture

Business Leadership South Africa congratulates new ANC leadership

BLSA’s Mohale answers Zuma’s question, what is state capture?

This is how much business contributes to South Africa

Key outcomes from Gigaba’s maiden budget speech

Business bodies call for reinstatement of former Eskom acting CEO

KPMG SA’s new CEO speaks frankly on Gordhan, reputational damage, Guptas, BLSA

BLSA fights back white monopoly capital campaign with #BusinessBelieves

Business Leadership South Africa launches campaign that fights #WMC propaganda

Business Leadership South Africa appoints Bonang Mohale as CEO

BLSA appoints Bonang Mohale as CEO

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