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<p>South Africa’s move to a more stringent lockdown for the next 14 days will no doubt knock certain industries , in particular the hospitality sector. Joining CNBC Africa for this discussion are Wendy Alberts, CEO of The Restaurant Association of South Africa, Cas Coovadia, CEO of Business Unity SA and Martin Kingston from B4SA.</p>


Business decries lack of consultation as SA tightens COVID-19 measures

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<p>Business Unity South Africa is among the business groups that have paid tribute to former Eskom Chair Jabu Mabuza, who died yesterday. In statement, BUSA President, Sipho Pityana said The passing of Mabuza is tragic, devastating and a great loss for business and South Africa. He joins CNBC Africa to reflect on the life of Mabuza.</p>


BUSA President

BUSA President, Pitjana reflects on the life of  Jabu Mabuza

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<p>Localisation has been highlighted by the South African government as a key policy aim, during the recovery of the economy from Covid-19. In this drive to promote local manufacturing in SA; Intellidex undertook a study on localisation for Business Unity SA and Business Leadership SA. Joining CNBC Africa to discuss the findings is Cas Coovadia, CEO at Business Unity South Africa.</p>


Business Unity South Africa CEO shares his views on localisation

BUSA’s Cas Coovadia on SA’s localisation strategy

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<p>The largest contributors to the 6.3 per cent jump in South Africa’s GDP in the last quarter of 2020 were the manufacturing, trade and transport industries. However, annual GDP is now on the same level as it was in 2012. Joining CNBC Africa to discuss this data and how it translates to the business environment is Cas Coovadia, CEO at Business Unity South Africa.</p>


BUSA CEO: Here’s what needs to be done to revive SA’s economy

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<p>President Cyril Ramaphosa has once again called for greater investment from business. He has reiterated how the largest numbers of jobs will be created by the private sector, but what does business have to say about the president’s plans? CNBC Africa spoke to Cas Coovadia, CEO of Business Unity South Africa for more.</p>


#SONA2021: Business Unity South Africa reacts to Ramaphosa’s SONA

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<p>South African business say they support government’s plans to fight the spread of COVID-19 through a 21 Day national shutdown. Martin Kingston, Vice President, Business Unity South Africa joins CNBC Africa for more.</p>


BUSA on how SA’s lock-down will impact its members

What SA’s lockdown will mean for business

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<p>In just under thirty days’ time, President Cyril Ramaphosa will have been in office for two years. It’s well known the president is a listener but is he a doer? CNBC Africa’s Karabo Letlhatlha posed that question and more to the President of Business Unity South Africa, Sipho Pityana.</p>


Has president Ramaphosa done enough on the economy?

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<p>Business unity South Africa hosted its second Business Economic Indaba with an important engagement that took place with President Cyril Ramaphosa. CNBC Africa’s Karabo Letlhatlha spoke with Roger Baxter, CEO of Minerals Council SA for more on the state of South Africa&#8217;s energy and mining sectors.</p>


Minerals Council SA CEO: Why we want Pravin Gordhan to stay

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<p>Business Unity South Africa is hosting its second Business Economic Indaba today with an important engagement with President Cyril Ramaphosa. CNBC Africa’s Karabo Letlhatlha spoke with BUSA CEO and Eskom board member Busisiwe Mavuso for more.</p>


Why this Eskom board member believes getting rid of Gordhan won’t solve utility’s woes

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<p>Business Unity South Africa (BUSA) is hosting its second Business Economic Indaba tomorrow with a critical engagement taking place with President Cyril Ramaphosa and his cabinet colleagues. President of Business Unity South Africa, Sipho Pityana joins CNBC Africa to unpack issues that will be addressed at the event.</p>


What business leaders will ask Cyril Ramaphosa tomorrow ahead of Business Economic Indaba

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<p>The Integrated Resource Plan is expected to be tabled in cabinet for approval by the end of the week. The plan is set to map out the future of power generation in South Africa using the least-cost model which favours wind, solar and gas power. Business Unity South Africa Deputy President, Martin Kingston joins CNBC Africa for more.</p>


BUSA weighs in on IRP Plan, Eskom

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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 Unity South Africa hosted an Indaba earlier this week to rally the forces of the country&#8217;s private sector. CNBC Africa reporter Lubabalo Mashiqana spoke to advocate Mtho Xulu, President of the South African Chamber of Commerce and Industry.</p>


Sacci President Mtho Xulu on driving investment to SA

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<p>CNBC Africa&#8217;s Lubabalo Mashiqana is at the largest meeting place of South African business today. The Business Unity South Africa is hosting an indaba to rally the combined force of the country&#8217;s private sector.</p>


Sipho Pityana: SA should embrace ethical leadership to root out corruption

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<p>A recent report has shown that Black People are Still Largely Excluded from the Property Sector Value Chain. Meanwhile, Business Unity South Africa has launched a comprehensive approach to black economic transformation for inclusive growth.</p>


Report reveals black people still largely excluded from property sector value chain

<p><em>Monday saw a war of words erupt between the Black Business Council and Business Unity South Africa, below we provide both their statements. </em></p>
<p><strong>The Black Business Council (BBC) will not extend the olive branch to white business forever</strong></p>
<p>The Black Business Council wishes to announce the termination of cooperation with the Business Unity South Africa (BUSA), following over 23 years of partnership and dialogue between White and Black business at National Economic Development and Labour Council (NEDLAC).  The termination follows an unfortunate incident that transpired at the last NEDLAC’s Infrastructure Committee meeting, where representatives of BBC were kicked out of the meeting by the BUSA delegation.</p>
<p>The government created NEDLAC in February 1995 through the National Economic Development and Labour Council Act of 1994 in order to add legitimacy and transparency to the socioeconomic decision-making process.  This was because there was a clear need for radical change in South Africa&#8217;s socioeconomic.  NEDLAC replaced the National Manpower Commission (NMC) and the National Economic Forum (NEF). </p>
<p>The main objective of Government is to consult all major stakeholders by eliciting Nedlac&#8217;s approval on the proposed legislation.  The stakeholders are grouped as government, business and labour as well as the community (represented by civic, women&#8217;s, rural, youth and disabled organisations and representative bodies) </p>
<p>Nedlac&#8217;s objectives are set out in the National Economic Development and Labour Council Act 35 of 1994. These are to:<br />
•      strive to promote the goals of economic growth, participation in economic decision-making and social equity,<br />
•      seek to reach a consensus and conclude agreements pertaining to social and economic policies,<br />
•      consider all proposed labour legislation relating to labour market policies before it is introduced in Parliament,<br />
•      consider all significant changes to social and economic policies before it is introduced in Parliament,<br />
•      encourage and promote the formulation of coordinated policies on social and economic matters. </p>
<p>Nedlac has played a fundamental role in the shaping of a democratic South Africa. The process of reaching a consensus through forums for debate is critical for the formation of legitimate decisions that are acceptable to all South Africans. Nedlac is therefore a consensus-seeking body that tries to facilitate agreement through discussion and negotiation.</p>
<p>Over the years, Black and White organisations have successfully represented business and ensured that everybody’s voice is heard through quality inputs from all. The top priority for all stakeholders is to improve the capacity of black business and ensure their meaningful participation in shaping of the country’s economic landscape. “The BBC will continue participating in NEDLAC as an independent voice of Black business and we believe this will provide a great opportunity for BBC to advocate the aspirations of our people.  We have declared 2017 the year of radical economic transformation and on platforms such as NEDLAC, we will continue to advocate a less apologetic approach to economic redress” said Danisa Baloyi, President of the BBC.</p>
<p>In the past, Black and White business worked tirelessly to achieve a consensus on matters pertaining to the successes of business even when they were representing different constituents, monopoly capital and aspirant Black entrepreneurs on the other side.</p>
<p>“The closing doors approach by BUSA is direct contrary of the BBC open door policy, which has been a key pillar to the 23 year old relationship. Mr Mabuza gesture at NEDLAC, which was subsequently followed by a call to end the two organisations’ cooperation, is in fact making a re-approachment to “civil society matters. The civil society must be wary of these approaches lest they become next victims of Mabuza’s constant exclusion of Black people in positions of power.” said George Sebulela, secretary General of the BBC. &#8220;White business cannot keep the social dialogue alive alone. You need the BBC, a different organisation fighting for the aspiration of Black people and white business don&#8217;t seem to realize this fact. They are finding it very difficult to work with Black people.” concluded Sebulela</p>
<p><strong>BUSA RESPONDS TO BBC NEDLAC TERMINATION </strong></p>
<p>Business Unity South Africa (BUSA) is the recognised voice at the National Economic Development and Labour Council (Nedlac) for business &#8211; representing businesses across all sectors, sizes and formats in the economy.. </p>
<p>The BUSA Board formally advised the Black Business Council (BBC) on 11 May 2017 of the termination of cooperation in Nedlac. The decision follows the lapse of the 2012 – 2015 Memorandum of Understanding (MoU) between BUSA and the BBC. The MoU provided the cooperative framework for promoting the interests of business in Nedlac, which previously enabled the BBC representatives to participate in Nedlac proceedings through the BUSA seat.</p>
<p>Regrettably, notwithstanding numerous efforts, the two parties were unable to reach an agreement on the terms of a new framework for participation.</p>
<p>Therefore, the BBC will no longer be represented through BUSA at Nedlac. This does not prevent the BBC from seeking their own seat at Nedlac in line with the Nedlac Act and Constitution.</p>
<p>BUSA does not believe that there is merit on commenting on the BBC release. The decision, to terminate the participation of the BCC through BUSA in Nedlac, was taken unanimously by the BUSA Board. It was informed by recent developments at Nedlac where it became apparent that BBC and BUSA were not aligned in relation to key issues facing the economy. Such issues included the impact of the downgrade and on matters of monetary policy, as well as the most appropriate way to address these issues.</p>
<p>As the representative voice of all business, BUSA remains committed to working with all organised business formations and stakeholders across the broader spectrum of society, including the BBC, within the spirit of co-operation, accountability, collaboration and mutual respect.</p>


Business Unity South Africa

Business decries lack of consultation as SA tightens COVID-19 measures

BUSA President, Pitjana reflects on the life of Jabu Mabuza

BUSA’s Cas Coovadia on SA’s localisation strategy

BUSA CEO: Here’s what needs to be done to revive SA’s economy

#SONA2021: Business Unity South Africa reacts to Ramaphosa’s SONA

What SA’s lockdown will mean for business

Has president Ramaphosa done enough on the economy?

Minerals Council SA CEO: Why we want Pravin Gordhan to stay

Why this Eskom board member believes getting rid of Gordhan won’t solve utility’s woes

What business leaders will ask Cyril Ramaphosa tomorrow ahead of Business Economic Indaba

BUSA weighs in on IRP Plan, Eskom

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

Sacci President Mtho Xulu on driving investment to SA

Sipho Pityana: SA should embrace ethical leadership to root out corruption

Report reveals black people still largely excluded from property sector value chain

Black Business Council, Business Unity South Africa terminate co-operation at Nedlac

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Business Unity South Africa

Business decries lack of consultation as SA tightens COVID-19 measures

BUSA President, Pitjana reflects on the life of Jabu Mabuza

BUSA’s Cas Coovadia on SA’s localisation strategy

BUSA CEO: Here’s what needs to be done to revive SA’s economy

#SONA2021: Business Unity South Africa reacts to Ramaphosa’s SONA

What SA’s lockdown will mean for business

Has president Ramaphosa done enough on the economy?

Minerals Council SA CEO: Why we want Pravin Gordhan to stay

Why this Eskom board member believes getting rid of Gordhan won’t solve utility’s woes

What business leaders will ask Cyril Ramaphosa tomorrow ahead of Business Economic Indaba

BUSA weighs in on IRP Plan, Eskom

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

Sacci President Mtho Xulu on driving investment to SA

Sipho Pityana: SA should embrace ethical leadership to root out corruption

Report reveals black people still largely excluded from property sector value chain

Black Business Council, Business Unity South Africa terminate co-operation at Nedlac

News Tips

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