Podcasts about business leadership south africa

Business Leadership South Africa sê indien Suid-Afrika volhoubare openbare besteding wil bereik, sal hy moet groei om staatsinkomste uit te brei. Die minister van finansies, Enoch Godongwana, gaan die nasionale begroting die 21ste die derde keer in die parlement voorlê. BLSA se uitvoerende hoof, Busiswe Mavuso, het aan Newzroom Afrika gesê hoewel dit goed is dat die begroting bevraagteken word, moet die regering die politieke moed hê om ongewilde besluite te neem:

Stephen Grootes speaks to Busi Mavuso, CEO at Business Leadership South Africa, Charles de Wet, Executive at ENS in the Tax practice as well as Alan Mukoki, CEO at Sacci about the reversal of the 0.5 percentage point VAT hike, announced by Finance Minister Enoch Godongwana, and what this decision means for South Africa's fiscal sustainability and economic future moving forward. In other interviews, to Vincent Anthonyrajah CEO And Co-Founder At Differential Capital and David Shapiro, Veteran Stockbroker and Chief Global Equity Strategist at Sasfin explain how central bank policies impact your wallet The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalk See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Busi Mavuso, CEO at Business Leadership South Africa, Charles de Wet, Executive at ENS in the Tax practice as well as Alan Mukoki, CEO at Sacci about the reversal of the 0.5% VAT hike, exploring the implications for South Africa's fiscal sustainability and economic future, amidst questions over the legality of the decision and potential court proceedings. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk.There’s more from the show at www.themoneyshow.co.zaSubscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa.Follow us on:702 on Facebook: www.facebook.com/TalkRadio702702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalkCapeTalk on TikTok: www.tiktok.com/@capetalkCapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalk See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Busi Mavuso, CEO at Business Leadership South Africa about the urgent plea from business lobby groups to politicians, emphasizing the need to mend cracks in government coalitions to ensure stability and effective policymaking. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa, highlighting concerns over the VAT increase, government expenditure, and the potential impact of US President Donald Trump's anti-SA stance on AIDS funding. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa, about the key priorities and expectations for the upcoming state of the nation and budget speeches. In other interviews, Bongiwe Kunene, MD of the Banking Association South Africa, discusses the banking sector's defence of its access to credit for black South Africans and account closure practices. See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa, about the key priorities and expectations for the upcoming state of the nation and budget speeches.See omnystudio.com/listener for privacy information.

Stephen Grootes explores with Busisiwe Mavuso, Business Leadership South Africa's CEO, the implications of the mid-term budget policy statement for South African businesses.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Zinhle Tyikwe and Busisiwe (Busi) Mavuso, respective CEOs of Consumer Goods Council of South Africa and Business Leadership South Africa, about the pressing concern that South Africa may slide into a failed state unless businesses move beyond mere cooperation with the government. In other interviews on this episode of The Money Show, in  Investment School -How your investment portfolio should grow more “money babies” …and how to reinvest     Interviews: BLSA's Mavuso: SA risks becoming a failed state if business just sings 'kumbaya' with govt Stephen Grootes speaks to Zinhle Tyikwe and Busisiwe (Busi) Mavuso, respective CEOs of Consumer Goods Council of South Africa and Business Leadership South Africa, about the pressing concern that South Africa may slide into a failed state unless businesses move beyond mere cooperation with the government. Market Commentary Wayne McCurrie from FNB Wealth and Investments and Stephen Grootes analyse corporate news and international markets. Cracking Down: South Africa Tightens Screws on Cryptocurrency Stephen Grootes talks to Professor Steven Boykey Sidley, Johannesburg Business School at UJ, about the South African government's crackdown on cryptocurrency and what it means for investors. Tech Thursday: Monopoly Bust: Google Found Guilty, Faces Potential Breakup Stephen Grootes speaks to Siphumelele Zondi, tech expert, about the US Department of Justice's landmark case against Google, alleging billions spent creating an illegal monopoly, and potential consequences, including breakups and forced sales. Endeavor South Africa secures R190M in first close of Harvest Fund III, surpassing target to boost African tech investment strategy Stephen Grootes speaks to Antonia Bothner, Principal at Endeavor SA, about the successful R190M first close of Harvest Fund III, set to amplify African tech investments. Small Business Focus: Supporting entrepreneurial spirit in SA Stephen Grootes speaks to David Morobe from Business Partners and will update about how they are working with young entrepreneurs in the country. Investment School -How your investment portfolio should grow more “money babies” …and how to reinvest Stephen Grootes speaks to Patrick Mathidi, Head of Equities at Aluwani Capital Partners, and Garth Mackenzie, Founder & Editor of Traders Corner, about maximizing investment returns: expert strategies for dividend growth and smart reinvestment.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Zinhle Tyikwe and Busisiwe (Busi) Mavuso, respective CEOs of the Consumer Goods Council of South Africa and Business Leadership South Africa, about the pressing concern that South Africa may slide into a failed state unless businesses move beyond mere cooperation with the government.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa, about the business community's optimism towards new Minister Parks Tau, who has swiftly established open communication channels with the private sector.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to  Busisiwe Mavuso, CEO of Business Leadership South Africa & Ntando Thukwana from Bloomberg to analyse President Ramaphosa's recent address to the South Africa's business community. In other interviews on tonight's show, Stephen looks at how municipalities struggle to pay staff, and whether the subscription economy has gotten out of hand. See omnystudio.com/listener for privacy information.

Busi Mavuso, CEO of Business Leadership South Africa speaks to Bongani Bingwa about why it's important for minister to be competent and have integrity.See omnystudio.com/listener for privacy information.

As South Africa approaches elections, the nation grapples with critical issues such as substantial unemployment, escalating violent crime rates, and persistent power and infrastructure challenges that dominate the public discourse. Amidst these challenges, many South Africans are looking beyond the government for solutions – they look to themselves but they also look to an innovative business community. Public-private partnerships are playing a key role in helping South Africa meet its infrastructural and development investment requirements. In this episode, get an inside view into some of South Africa's key public-private partnerships and the business leaders driving them, with our panel of experts. We feature journalist and editor, Ferial Haffajee, in a recent In Conversations event, she sat down with Investec CEO Designate, Cumesh Moodliar , Busisiwe Mavuso, CEO of Business Leadership South Africa, Fumani Mthembi, Co-founder & Director of Pele Energy Group, Mteto Nyati, Chairman at Eskom and Executive Chairman at BSG, Mark Rayner, Vumacam investor, co-founder of Leadwood Partners, and Reyburn Hendricks, CEO at H1 Holdings. This episode is for all South Africans who are interested in finding out what some of the initiatives are that are helping to drive the country to prosperity. Skip ahead: 00:00 Intro 01:50 Understanding the CEO initiative and how it works 04:51 The inner workings of the CEO initiative 07:55 The timelines put forward by the CEO initiative for various infrastructure and security projects to be completed 10:06 Government's role vs the role of the public sector in these public-private partnership projects 12:15 Eskom update from Chairman of the board, Mteto Nyati. 15:09 National Treasury diagnostic report on Eskom 16:41 The end of loadshedding 18:26 Regulatory reform driving private power production 21:24 Industrialisation of the energy sector as a way to tackle unemployment 25:35 Vuma cam revolutionizing the crime detection industry in South Africa 28:27 Rolling out crime detection video technology in Johannesburg 29:36 Skills development in the security industry to meet technological advancements 31:59 Suggestions to the president from Captains of industry Private-public partnerships in Johannesburg · Investec Focus Radio SA

Busisiwe Mavuso, CEO of Business Leadership South Africa discusses the country's gas shortage and the importance of public-private partnerships in mitigating the imminent natural gas shortage.See omnystudio.com/listener for privacy information.

Analyst Anthony Clark from Small Talk Daily discusses the surprising Competition Commission's market inquiry into the poultry sector.   On the Money Show Explainer, CEOs Busisiwe Mavuso of Business Leadership South Africa and Johann Els of Old Mutual analyse and unpack SONA 24.   Friday File features Ilaria Chisin-Louw, co-founder of Paintiques, discussing her decorative painting workSee omnystudio.com/listener for privacy information.

Kabelo Khumalo, companies & markets editor at Business Day defends the publication's story on Thabi Leoka's PhD qualification. Also, Andrew Woodburn, managing director at Amrop WoodburnMann on the process of vetting qualifications.  Busisiwe  Mavuso, CEO at Business Leadership South Africa and Ebrahim Rasool, chairman of the board of directors at Development Bank of Southern on why it is critical for SA to be at the World Economic Forum.   In our investment school, Garth Mackenzie, founder & editor at Traders' Corner was our headteacher. He looked at position sizing and risk management. See omnystudio.com/listener for privacy information.

Finance Minister Enoch Godongwana has delivered the medium-term budget policy statement and outlined a strategy that aims to narrow the budget deficit, stabilise debt and ensure fiscal sustainability. Business Day TV unpacked the business community's reaction to the MTBPS with Business Leadership South Africa's CEO, Busi Mavuso.

Noluthando Mthonti-Mlambo speaks to Busi Mavuso, CEO of Business Leadership South Africa about the business community's reaction to the MTBPS. Finance minister Enoch Godongwana delivered the medium-term budget policy statement and outlined a strategy that aims to narrow the budget deficit, stabilise debt and ensure fiscal sustainability. See omnystudio.com/listener for privacy information.

Carol Paton, editor-at-large at Business24, Peter Attard Montalto, managing Director at Krutham and Busisiwe Mavuso, CEO at Business Leadership South Africa on how public enterprises minister Pravin Gordhan is overseeing SOEs.   Kevin Lings, chief economist at Stanlib Asset Management on SA's population growth; and what it means for the economy.    In our Investment School, Maya Fisher-French personal finance journalist at Maya on Money on why property investment is riskier than the equity market.See omnystudio.com/listener for privacy information.

Die buurlandse organisasie Business Leadership South Africa sê die geleenthede wat Suid-Afrika verkry danksy sy lidmaatskap van die handelsblok met Brasilië, Rusland, Indië en China, moet nie ten koste van handelsbande met die Weste wees nie. Uitvoerende hoof, Busi Mavuso, sê sy is onverhoeds betrap deur die Minister in die Presidensie Nkosazana Dlamini-Zuma, se toespraak wat klem geplaas het op Brics as 'n instrument om die ondergang van 'n onregverdige imperialistiese wêreld-orde te bespoedig. Mavuso sê dit was 'n gevaarlike stelling:

Liandra da Silva, economist at Nedbank on the SARB'S MPC decision to halt interest rate hikes .    Busisiwe Mavuso, CEO at Business Leadership South Africa on NHI being  a “vote-earning” fantasy.   In personal finance, Warren Ingram, co-founder of Galileo Capital on whether you can spend  your money with no regrets in this economic climate.See omnystudio.com/listener for privacy information.

Pieter Boone, Pick n Pay CEO discusses their financial results; as well as the increasingly tough trading environment in South Africa caused by rolling blackouts.    Busisiwe Mavuso, CEO at Business Leadership South Africa defends the R18 million support they gave to Eskom to conduct a private investigation into crime and corruption at the national power utility.    For personal finance, Warren Ingram personal financial advisor and executive director at Galileo explained whether it is better to buy a home or rent.See omnystudio.com/listener for privacy information.

Clement speaks to Busi Mavuso, the Chief Executive Officer of Business Leadership South Africa at the 2023 South Africa Investment Conference on whether South Africa is a fertile ground for investment with its current challenges.See omnystudio.com/listener for privacy information.

Busisiwe Mavuso is the Chief Executive Officer of Business Leadership South Africa. She previously held the position of Chief Operations Officer at the BLSA. ---- Guest Links ----- https://twitter.com/BusiMavuso2?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor https://www.eskom.co.za/about-eskom/leadership/profile-busisiwe-mavuso/ https://www.blsa.org.za/about-us/the-blsa-board/busisiwe-mavuso/ WorldView is a media company that delivers in-depth conversations, debates, round-table discussions, and general entertainment. Most of our content will be focused on news and politics, centered on South Africa. But the rest will be chats with figures around the world and from all walks of life to create a package that will inevitably broaden your WorldView. ---- Links ----- https://twitter.com/Broadworldview https://web.facebook.com/BroadWorldView https://anchor.fm/broadworldview You can donate at https://www.patreon.com/user?u=46136545 Music: https://www.bensound.com

Organised business has called on government to fund adequate and reliable diesel supply for the country's national peaking generators, which it describes as critical to ensuring that Eskom can best manage a stable grid and mitigate a further escalation in loadshedding levels. In a joint business statement on loadshedding, the Energy Council of South Africa, Business Unity South Africa and Business Leadership South Africa said that, while they recognise diesel generation to be a short-term measure, it was nevertheless “an important bridge for the ongoing maintenance work and unplanned outages over the next six months”. In a separate statement the National Treasury indicated that “Eskom did not apply for funding through the budget process and Eskom management should therefore take all necessary steps to ensure they secure the diesel needed to avert severe loadshedding”. However, the National Treasury added that it was acutely aware of the impact that Eskom's diesel shortages may have on already severe levels of loadshedding. “For that reason, the National Treasury will continue with the engagements with the Department of Public Enterprises and Eskom aimed at identifying solutions to this matter.” Eskom confirmed in mid-November that it had depleted its diesel budget for the 2022/23 financial year, which runs until March 31, having spent more than R12-billion between April and November against an initial budget for the year of R6.1-billion. It also warned that the risk of loadshedding would increase in the coming month as it took down Koeberg Unit 1 for extended maintenance of up to 200 days, and as a result of a chimney duct failure at the Kusile power station that would take several months to repair. While Eskom decided to postpone the start of the Koeberg shutdown, which was initially scheduled for December 8, it intends to proceed on December 10, which implies that loadshedding will been increased by a stage every time it is implemented over the coming year, as Unit 2 will enter into extended maintenance soon after Unit 1 is returned to service. Organised business expressed deep concern about the current elevated status of loadshedding, which was not only “hugely detrimental to our economy and all citizens”, but also posed a major safety and security risk to business, infrastructure and household assets. Nevertheless it expressed support for Eskom leadership and staff and called for “calm and well-executed actions”, while encouraging business, labour and civil society to help wherever possible by reducing electricity demand. The statement stands in stark contrast to those made by Mineral Resources and Energy Minister Gwede Mantashe, who argued that “Eskom, by not attending to loadshedding, is actively agitating for the overthrow of the State”, adding that “loadshedding is becoming worse than State Capture”. Business, meanwhile, encouraged Eskom to take all the necessary steps to mitigate a further deepening of the crisis and said it would continue to support the electricity crisis plan and be proactive in resolving the electricity crisis. “South Africa will end loadshedding through collaboration and working together to achieve a sustainable and reliable electricity system.”

Organised business has called on government to fund adequate and reliable diesel supply for the country's national peaking generators, which it describes as critical to ensuring that Eskom can best manage a stable grid and mitigate a further escalation in loadshedding levels. In a joint business statement on loadshedding, the Energy Council of South Africa, Business Unity South Africa and Business Leadership South Africa said that, while they recognise diesel generation to be a short-term measure, it was nevertheless “an important bridge for the ongoing maintenance work and unplanned outages over the next six months”. In a separate statement the National Treasury indicated that “Eskom did not apply for funding through the budget process and Eskom management should therefore take all necessary steps to ensure they secure the diesel needed to avert severe loadshedding”. However, the National Treasury added that it was acutely aware of the impact that Eskom's diesel shortages may have on already severe levels of loadshedding. “For that reason, the National Treasury will continue with the engagements with the Department of Public Enterprises and Eskom aimed at identifying solutions to this matter.” Eskom confirmed in mid-November that it had depleted its diesel budget for the 2022/23 financial year, which runs until March 31, having spent more than R12-billion between April and November against an initial budget for the year of R6.1-billion. It also warned that the risk of loadshedding would increase in the coming month as it took down Koeberg Unit 1 for extended maintenance of up to 200 days, and as a result of a chimney duct failure at the Kusile power station that would take several months to repair. While Eskom decided to postpone the start of the Koeberg shutdown, which was initially scheduled for December 8, it intends to proceed on December 10, which implies that loadshedding will been increased by a stage every time it is implemented over the coming year, as Unit 2 will enter into extended maintenance soon after Unit 1 is returned to service. Organised business expressed deep concern about the current elevated status of loadshedding, which was not only “hugely detrimental to our economy and all citizens”, but also posed a major safety and security risk to business, infrastructure and household assets. Nevertheless it expressed support for Eskom leadership and staff and called for “calm and well-executed actions”, while encouraging business, labour and civil society to help wherever possible by reducing electricity demand. The statement stands in stark contrast to those made by Mineral Resources and Energy Minister Gwede Mantashe, who argued that “Eskom, by not attending to loadshedding, is actively agitating for the overthrow of the State”, adding that “loadshedding is becoming worse than State Capture”. Business, meanwhile, encouraged Eskom to take all the necessary steps to mitigate a further deepening of the crisis and said it would continue to support the electricity crisis plan and be proactive in resolving the electricity crisis. “South Africa will end loadshedding through collaboration and working together to achieve a sustainable and reliable electricity system.”

Busi Mavuso, CEO of Business Leadership South Africa, discusses Business and the international community have reacted to South African President Cyril Ramaphosa, who is facing impeachment over allegations that he covered up the theft, and whether South Africa needs more work in rebuilding the country, as well as the country's lack of confidence when rumours that the president may resign.See omnystudio.com/listener for privacy information.

South Africa's economic paradox is that it cannot grow economically if it has a burgeoning crime crisis but it is unable to solve the burgeoning crime crisis if it is not growing. That was the opening comment of outgoing Mineral Council South Africa CEO Roger Baxter, who anchored the second of two panel discussions at on United Nations Sustainable Development Goal 16 that focuses on the need for peace, justice and stability. “This is the paradox that we need to grapple with as business and as government,” Baxter told the meeting moderated by Anglo American government relations head Bheki Khumalo and covered by Mining Weekly. Also participating were Department of Justice DG Adv Doctor Mashabane, South African Council of Churches general secretary Bishop Malusi Mpumlwana, Business Leadership South Africa executive director Busisiwe Mavuso, Anglo American management board chairperson and Minerals Council South Africa chairperson Nolitha Fakude, Anglo American Platinum CEO Natascha Viljoen and many other government and corporate representatives who took part in table hosted discussions on the two main panel discussions. “The mining industry and the country are under siege because of the deteriorating security and crime crisis that we're facing. “Surging rates of murder, extortion, kidnapping are amongst the signs that organised crime is creating an existential threat for South Africa's democracy,” said Baxter, who added that the mining industry is at the brunt of it. “Just talking to some senior executives yesterday, what the industry is having to do over the last couple of years to respond to particularly the extortion crisis – the criminal mafia – has become a much bigger part of our business,” he said. In 1996, South Africa was the 23rd least corrupt country in the world; it is now the 70th. In the Fraser Institute survey, South Africa was the worst ranked country of the country's that had security rankings and South Africa's 40 murders per 100 000 population is now higher than that of Colombia. Illegal mining is costing the country R20-billion and in 2019 there were 22 armed attacks on precious metals facilities in South Africa by gangs of between 20 to 30 people armed with high calibre rifles. This year, a gang of 150 armed with AK47s and other types of weapons attacked the Cooke Shafts of Sibanye-Stillwater, with the fire fight lasting for four hours. “This is an attack on our democracy. This type of attack should not be happening in a society like South Africa's. “The impact of the criminal mafia tactics on the industry is that it is having a huge dampening effect on investment. Companies simply can't press the investment trigger on a number of projects because of security issues related to the procurement mafia – and the procurement mafia often masquerade as business forums,” said Baxter. While the industry did not mind engaging with legitimate business forums in the interests of working with local communities, but when the “range rover brigade” from Bryanston rustle up communities to shut down mines so that they can distort a 30% share of the services to that mine, it becomes a typical mafia extortion process. Moreover, copper theft has been a major setback for rail services and the mining sector is having to spend R2.5-billion a year on security. The slogan that Minerals Council South Africa has adopted to counteract the crime is “be the change that you want to see in the world” and mining company CEOs were leading from the front to put an end to crime. “We are focusing on getting this economy to grow at a much faster pace – but again it's that paradox. How do we do that when crime is burgeoning,” said Baxter, who recalled that the South Africa economy grew at 5% in 2008. “If we could repeat that, we double the size every 12 years, so we would go from at $500-billion to a trillion dollar economy if we could achieve growth rates at that sort of level, and the private sector is a willing partner,” he added.

Daar bestaan 'n 85-persent kans dat die Finansiële Aksietaakmag Suid-Afrika op 'n gryslys gaan plaas. Dit is volgens navorsing in opdrag van Business Leadership South Africa. Die land staar dié probleem in die gesig omdat dit nie die waghond oor globale geldwassery en finansiering aan terrorisme se beleide nakom nie. Business Leadership SA se uitvoerende hoof, Busi Mavuso, sê sy is bemoedig deur Nasionale Tesourie en die Nasionale Vervolgingsgesag se ingrypings:

As the impasse between Transnet and its two recognised unions – the United National Transport Union (Untu) and the South African Transport and Allied Workers Union (Satawu) – continues, organised business has called for a “swift, sustainable resolution”, as mining exporters warned that they were losing R815-million every day the strike continued. In a joint statement, Business Unity South Africa (Busa) and Business Leadership South Africa rejected short-term solutions, such as temporarily increasing levies, which they said could have unintended consequences. “We need a quick, sustainable resolution to this strike, not ad hoc solutions,” Busa CEO Cas Coovadia said. “The strike risks severe damage to the economy not just in the short term but also the longer term if it drags on and South Africa's reputation for logistics gets further tarnished.” Both organisations rejected earlier media reports suggesting that they would support a so-called ‘Avoidance of Strike Levy'. They also expressed anxiety over the prospect of the strike enduring for more than a few days, warning that cargo ships would not only skip slots at South African ports but start taking South African ports out of schedules in the months ahead. “This will add significant costs to either airfreight items or truck goods to and from other African ports – which will add to the inflation pressures South Africans are facing.” Minerals Council South Africa, meanwhile, estimated that bulk mineral exporters were losing R815-million daily, because they had been unable to rail and load 357 000 t of iron-ore, coal, chrome, ferrochrome and manganese onto ships. “On average, South Africa exports about 476 000 t of bulk minerals a day worth R1.06-billion. “We estimate that just 120 000 t of minerals worth R261-million are being exported daily, [given that] mineral export harbours are operating at between 12% and 30% of their daily averages,” the council said in a statement. As with the other orgnaised business formations, the council also warned that the damage caused by the strike was not only limited to the immediate losses and could have longer-term consequences, including damaging South Africa's reputation as a reliable supplier to global markets. “The Minerals Council is deeply concerned that the labour action at Transnet will compound the losses our bulk mineral exporting members are already experiencing because of Transnet struggling to meet targeted annual tonnages on its rail network and throughput at ports.” The council has estimated previously that there had been an export loss of R50-billion on an annualised basis this year for iron-ore, coal, chrome, ferrochrome and manganese exporters as measured by delivered tonnages against contracted rail volumes. “In contrast, R151-billion could be gained in additional exports, with the concomitant benefits of employment in mining increasing by 40 000 jobs to 500 000, the fiscus benefiting from improved tax revenue and higher revenues for Transnet if all rail and ports systems were optimally and efficiently run at design capacity.” EXTREMELY CONCERNED In a separate joint statement, Ministers Pravin Gordhan, Thulas Nxesi and Thoko Didiza said they were “extremely concerned” about the negative impact of the strike on the South African economy. “It is the view of government, that it will be in the interests of the country to find a speedy resolution to this impasse and for parties to continue to engage and, where appropriate, to employ the facilitation services of the Commission for Conciliation, Mediation and Arbitration (CCMA). “Our country cannot afford further job losses in other sectors of the economy and the interruption of imports and exports to and from South Africa,” the three Ministers said. Despite this growing pressure, Untu and Satawu have indicated they were likely to reject the latest three-year offer tabled by Transnet following two days of CCMA-facilitated negotiations. The wage offer, which Transnet said would b...

As the impasse between Transnet and its two recognised unions – the United National Transport Union (Untu) and the South African Transport and Allied Workers Union (Satawu) – continues, organised business has called for a “swift, sustainable resolution”, as mining exporters warned that they were losing R815-million every day the strike continued. In a joint statement, Business Unity South Africa (Busa) and Business Leadership South Africa rejected short-term solutions, such as temporarily increasing levies, which they said could have unintended consequences. “We need a quick, sustainable resolution to this strike, not ad hoc solutions,” Busa CEO Cas Coovadia said. “The strike risks severe damage to the economy not just in the short term but also the longer term if it drags on and South Africa's reputation for logistics gets further tarnished.” Both organisations rejected earlier media reports suggesting that they would support a so-called ‘Avoidance of Strike Levy'. They also expressed anxiety over the prospect of the strike enduring for more than a few days, warning that cargo ships would not only skip slots at South African ports but start taking South African ports out of schedules in the months ahead. “This will add significant costs to either airfreight items or truck goods to and from other African ports – which will add to the inflation pressures South Africans are facing.” Minerals Council South Africa, meanwhile, estimated that bulk mineral exporters were losing R815-million daily, because they had been unable to rail and load 357 000 t of iron-ore, coal, chrome, ferrochrome and manganese onto ships. “On average, South Africa exports about 476 000 t of bulk minerals a day worth R1.06-billion. “We estimate that just 120 000 t of minerals worth R261-million are being exported daily, [given that] mineral export harbours are operating at between 12% and 30% of their daily averages,” the council said in a statement. As with the other orgnaised business formations, the council also warned that the damage caused by the strike was not only limited to the immediate losses and could have longer-term consequences, including damaging South Africa's reputation as a reliable supplier to global markets. “The Minerals Council is deeply concerned that the labour action at Transnet will compound the losses our bulk mineral exporting members are already experiencing because of Transnet struggling to meet targeted annual tonnages on its rail network and throughput at ports.” The council has estimated previously that there had been an export loss of R50-billion on an annualised basis this year for iron-ore, coal, chrome, ferrochrome and manganese exporters as measured by delivered tonnages against contracted rail volumes. “In contrast, R151-billion could be gained in additional exports, with the concomitant benefits of employment in mining increasing by 40 000 jobs to 500 000, the fiscus benefiting from improved tax revenue and higher revenues for Transnet if all rail and ports systems were optimally and efficiently run at design capacity.” EXTREMELY CONCERNED In a separate joint statement, Ministers Pravin Gordhan, Thulas Nxesi and Thoko Didiza said they were “extremely concerned” about the negative impact of the strike on the South African economy. “It is the view of government, that it will be in the interests of the country to find a speedy resolution to this impasse and for parties to continue to engage and, where appropriate, to employ the facilitation services of the Commission for Conciliation, Mediation and Arbitration (CCMA). “Our country cannot afford further job losses in other sectors of the economy and the interruption of imports and exports to and from South Africa,” the three Ministers said. Despite this growing pressure, Untu and Satawu have indicated they were likely to reject the latest three-year offer tabled by Transnet following two days of CCMA-facilitated negotiations. The wage offer, which Transnet said would b...

Busisiwe Mavuso, CEO at Business Leadership South Africa on their concerns over South Africa being grey-listed.    Wendy Knowler, our consumer ninja brings into the spotlight building insurance, and what you should know about it.    Then Douglas Craigie Stevenson, CEO at Cell C is The Money Show's shapeshifter — he spoke about the future of Cell C and his career trajectory.  See omnystudio.com/listener for privacy information.

On this podcast, Maanda Tshifularo interviewed Professor Bonang Mohale, who is the Chancellor at the University of the Free State. Professor Mohale is a published author who has held various executive and leadership roles in major South African and Multinational organisations, which include, Business Leadership South Africa, Shell South Africa, Otis Elevators, the South African […]

At the latest LeaderEx Money Summit we managed to grab Bonang Mohale to offer up his insights into leadership and wealth creation.Who is Bonang Mohale?He is a famed businessman, CEO of Business Leadership South Africa, Chancellor of University of Free State, best-selling author, and non-executive director of Purple Group (among a host of other companies). That's a lot of cred right? We've only scratched thesurface! Mr Mohale talks wealth, his personal journey, and the motivation he has used to rise into becoming a business heavyweight in South Africa.If you are a dreamer, doer, and aspiring investor, then you definitely don't want to miss this short yet inspirational and powerful conversation!Why are you still reading this? Hit that play button to hear the man himself.Share the love with us on social media by letting us know what you think of the episode by tweeting @EasyEquities or tagging us on the gram.To sign up to EasyEquities: http://bit.ly/2EtcE85DISCLAIMER: EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorised Financial Services Provider. FSP number: 22588. This material is not intended as and does not constitute financial advice or any other advice and is neither exhaustive nor prescriptive. The views expressed by the contributor are his or her own (as an independently registered financial services provider, financial adviser or other independent capacity), and not necessarily endorsed by EasyEquities (as a separate financial services provider).

Several organised business formations have outlined six recommendations in a joint position statement on carbon tax, which they argue will improve the carbon tax proposals in the Taxation Laws Amendment Bill and “avert unintended consequences”. Released by the Energy Council of South Africa, Minerals Council South Africa, Business Leadership South Africa, Business Unity South Africa, the South African Petroleum Industry Association and the Energy Intensive Users Group, the joint statement stresses that organised business is supportive of carbon pricing, including the carbon tax, to help decarbonise the economy and facilitate a just transition. However, the statement argues that the “carbon tax should be implemented at a pace and rate aligned to a developing economy that takes into account the challenges in South Africa including low economic growth, energy security and high unemployment”. The organisations recommend that yearly carbon tax increases be based on the prevailing consumer price index plus two per cent structure until at least 2030, rather than implementing the National Treasury's proposal of increasing the carbon tax rate for the 2023 to 2025 tax periods by a minimum of $1/t carbon dioxide-equivalent (CO2e) and increasing thereafter to $20/tCO2e in 2026 and at least to $30/tCO2e in 2030. During Phase 1 of the implementation period, South Africa's headline carbon tax base rate was set at R120/tCO2e and, in February, Finance Minister Enoch Godongwana announced that the first phase would be extended for three years. He also announced that the carbon tax rate had been increased from R134/t to R144/t, and that the carbon tax rate would be progressively increased every year to reach $20/t by 2026 and $30/t in 2030. “We welcome the extension of Phase 1 and recognise the need to increase the rate of the standalone carbon tax to ensure that South Africa remains protected against border tax adjustments and can attract financing to enable the just transition,” the organised business grouping assert. However, they add that the South African economy cannot accommodate the steepness of the carbon tax rate increase in the proposed timeframe currently envisaged. The organised business formations acknowledge that carbon prices are high in other regions, including the European Union and Canada, but stress that these are ameliorated by various allowances, such as free allocations, indirect compensation, subsidies, ringfencing of carbon tax revenues, and funding support for innovation, technology, research and development. “For South Africa, such support measures/incentives are currently lacking, and we propose that these be explored and introduced in support of decarbonisation.” The organisations have, thus, called for the enacted allowances to be retained to 2030 and for other supporting policies and measures to be introduced to encourage decarbonisation and growth of low-carbon sectors. “We are concerned that the 2022 draft Bill does not retain the allowances to mitigate the impact of the rapidly increasing carbon tax proposals. “To date, these allowances have been instrumental in assisting business sectors requiring support, such as the mining, petrochemical, steel, cement, and other hard-to-abate sectors, from detrimental financial impacts. “There is therefore a need for greater policy certainty around the retention of allowances,” the joint statement reads. During the first phase, several tax-free allowances and offsets have been included, which have resulted in a materially lower effective tax rate. In a recent opinion article published on Daily Maverick, Just Share director Robyn Hugo warned that with such extensive allowances, even a much higher tax rate would be ineffective in driving the change required to ensure urgent decarbonisation. The third recommendation contained in the statement is for the implementation timelines to be revised on the basis that “business cannot afford the proposed tax rates and simultaneously m...

SMEs Compete het gereageer op Business Leadership South Africa wat sê klein sakeondernemings het die grootste potensiaal om die buurland se probleme met armoede en ongelykheid aan te spreek. 'n Studie van Finfind in November 2020, het bevind 42,7 persent van Suid-Afrika se sakeondernemings moes gedurende die Covid-inperking sluit. Die hoofbestuurder van die organisasie, Busi Mavuso, sê die integrasie van die informele sektor by die hoofstroom-ekonomie het verskeie voordele. Sy sê na mate klein sakeondernemings groei, sal hulle belasting begin betaal wat meer inkomste vir die land beteken. Mavuso voeg by die belangrikste voordeel is die werksgeleenthede wat hulle skep. Danny Meyer van SMEs Compete stem saam, maar sê daar is uitdagings ...

Busisiwe Mavuso, CEO at Business Leadership South Africa gives a timeline on when they will start to collaborate with the NPA to aid them with skills it needs to prosecute cases.    On The Money Show Explainer, Ahmore Burger-Smidt, director at Werksmans Attorneys discusses how mergers and acquisitions work in the telecommunications sector as Rain and MTN are courting Telkom.     Then for Friday File, interdisciplinary artist, Nandipha Mntambo talks about venturing into functional sculpturesSee omnystudio.com/listener for privacy information.

Refilwe Moloto speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa, about why talk of a basic income grant does not belong in an ANC policy conference or on any national agenda in South Africa.See omnystudio.com/listener for privacy information.

South Africa's government could, in theory, fund the Basic Income Grant via an increase in the Value-Added Tax (VAT) rate from 15% to 17%, according to a report authored by Intellidex and commissioned by Business Unity SA in collaboration with BLSA. Business Day TV caught up with Business Leadership South Africa's CEO, Busi Mavuso for more detail.

Busisiwe Mavuso – CEO, Business Leadership South Africa

Exports analyse whether the latest increase on the repo rate will be enough to reign on inflation — and how it will impact consumers. Busisiwe Mavuso, CEO at Business Leadership South Africa discusses how the cost of running a business will increases after the latest interest rate hike. Then, Warren Ingram personal financial advisor and executive director at Galileo Capital explains how you can invest your money wisely if you cannot predict the future.See omnystudio.com/listener for privacy information.

Clement is hanging out with Chief Executive Officer of Business Leadership South Africa, Board Member of Eskom and Business Unity SA, Busisiwe Mavuso. They look at her life and also reflecting of the state of South Africa today.See omnystudio.com/listener for privacy information.

Trade compliance body the International Trade Administration Commission of South Africa (Itac) should be empowered to conduct verification of products and services that have been designated under localisation regulations to ensure that South Africa gains the expected benefits of localisation, international trade consulting practice XA International Trade Advisors head of research Dr Clive Vinti said during a webinar on July 19. Since the development of the initial local procurement accords and regulations in 2011 and more recently in the Economic Reconstruction and Recovery Plan, South Africa has identified local procurement as a primary policy to achieve industrial development in the country through the use of designation as one of the levers, he pointed out. In the initial Local Procurement Accords in 2011 and 2012, government committed to consult with businesses and industries on identifying products and services that could potentially be designated. Further, government also committed, as early as 2012, to measure the impact of designation on the relative competitiveness of designated products and its impact on job creation yearly. However, the Industrial Policy Action Plan is clear, and notes that there are no stringent legal or administrative measures to deal with noncompliance with localisation regulations and designations, and government is too uncoordinated, fragmented and institutionally weak to adequately monitor local content, Vinti said. The Department of Trade, Industry and Competition (DTIC), in presentations to Parliament, has allocated R22-million for verification processes and the DTIC verified 74% of tenders in terms of localisation value, but only verified 10% of the total number of tenders in terms of localisation regulations. "It is clear there is a huge gap in terms of verification of local content compliance. There have been instances where companies have falsified local content declarations," Vinti said. Additionally, there are administrative justice challenges with current designation processes, as businesses are not aware when a product is being considered for designation, and only a National Treasury secular notice is sent out when a product or service is designated. It is also not clear what information and criteria were used to assess the viability of a product or service, and there are no review reports of the decisions, he noted. These challenges can be overcome by leveraging Itac and its expertise in verification in terms of trade policies and international treaty compliance. "We believe, as designation is significant, there must be a specific set of regulations for local content designation as a trade policy, and it must be administered similarly to other trade policies and regulations, such as anti-dumping measures," Vinti recommended. He said Itac was the most qualified body to administer local content designation and can ensure administrative justice in terms of fairness and lawfulness, as well as rationality by producing investigation reports. It is important to have complete transparency of the process of designating products, as there are cost impacts arising from designation, Vinti noted. A report by capital markets research and consulting firm Intellidex, commissioned by business organisations Business Unity South Africa and Business Leadership South Africa, showed that, if local content regulations were pushed through over the short term without due consideration for their impact, this would push prices of these products up by up to 20%. Comparably, a European Union study on the impact of renewable energy equipment localisation policies in South Africa found that prices in the renewable energy sector could increase by up to 10%, Vinti highlighted. The recent 2017 Preferential Procurement Policy Framework regulations have been challenged in court, but the declaration of invalidity of the regulations has been temporarily suspended. There are draft regulations expected this year, but i...

Busisiwe Mavuso – CEO, Business Leadership South Africa

On this podcast Maanda Tshifularo (SuperLead CEO) interviewed Professor Bonang Mohale who is the Chancellor at the University of the Free State. Professor Mohale, who is a published author, has held various executive and leadership roles in major South African and multinational organisations including Business Leadership South Africa, Shell South Africa, Otis Elevators, South African Airways, […]

Exclusive livestreams, exclusive content and personal vlogs: https://www.patreon.com/morningshot Follow us on our socials: Facebook: https://www.facebook.com/MorningShotZA/ Instagram: https://www.instagram.com/morning_shotza/ Twitter: https://twitter.com/MorningShot1 Telegram: https://t.me/MSAnnouncements

Bernard Hotz, Head of the Business Crimes & Investigations at Werkmans Attorney on behalf of Jahann van Loggerenberg talks about protecting whistle-blowers. Busisiwe Mavuso, CEO at Business Leadership South Africa on the disgraced Bain & Company withdrawing from their organisation - this is after ithe business organisation welcomed it back.  On Investment School Wade Bales, founder at Wade Bales Wine & Malt Whiskey Affair on investing in wine.  See omnystudio.com/listener for privacy information.

The United Kingdom is set to review their 'red list' of countries, which South Africa has been on since December last year - and there is optimism that the gates could be opened soon. Minister of International Relations, Naledi Pandor has lobbied British cabinet ministers and Business Leadership South Africa has sent a letter to Prime Minster Boris Johnson telling him that it was inconceivable that the situation should persist past the summer season and Christmas holiday. SATSA CEO, David Frost told BizNews that they wanted to bring home the message that you have a better chance of getting Covid-19 in Cornwall than in Cape Town. Frost looked at the future of tourism in South Africa and said that the tourism industry should repackage itself as an adventure destination to lure in a younger crowd.

Violence is mounting in South Africa as people protest poverty and unemployment. The unrest was sparked by the jailing of former president Jacob Zuma, but has become more generalised in recent days. Busisiwe Mavuso is chief executive of Business Leadership South Africa, which represents the country's largest employers, and gives us her perspective on recent developments. Also in the programme, property prices in Australia have been rising at their highest levels nationally in 17 years. The BBC's Phil Mercer reports on concerns that almost half of Australian households are struggling with their mortgage payments. Plus, as a gin craze in the US and UK shows no sign of abating, the BBC's Elizabeth Hotson explores where the next global hotspots will be for the drink. (Picture: Looters flee from police in Johannesburg. Picture credit: Getty Images.)

Jabu Mabuza's untimely death due to Covid 19 has taken one the country's finest business leaders too soon. Mabuza is a former Board Chair of Telkom and Eskom and CEO of Tsogo Sun. As was the case when he left Tsogo Sun, Mabuza's hurried departure from Eskom opened other opportunities, he was snapped up by media and entertainment giant, MultiChoice, which appointed him the lead independent non-executive director. It was a position he held until his untimely demise this week. He will be remembered for his pathfinder contribution to township and rural economic participation during the apartheid era through his roles in the Southern Africa Black Taxi Association and the Foundation for African Business and Consumer Services (FABCOS). He also championed black economic participation and inclusive growth through his leadership of Business Leadership South Africa and Business Unity South Africa. But he didn't have it easy at Eskom To recall the extraordinary contribution Mabuza made to South African business Michael Avery is joined by Sipho Maseko, CEO of Telkom; Bonang Francis Mohale, Chancellor of the University of the Free State; Busi Mavuso, non-executive director, of Eskom and & Colin Coleman, a senior fellow and lecturer at Yale University's Jackson Institute for Global Affairs

S03E08 - Colin Iles, CEO of Innovation Catalyst, talks to Busisiwe Mavuso, CEO of Business Leadership South Africa to find out if Business Leadership South Africa can Achieve its Purpose? Connect with Colin on LinkedIn · ColinIles.com · WhatsApp Colin now

Business Leadership South Africa has launched a report on solutions to boost infrastructure investment and to improve investment rates towards the 30% target set by the National Development Plan. Business Day TV's Alishia Seckman unpacked the report in detail with BLSA’s chair, Nonkululeko Nyembezi.

The COVID-19 pandemic and subsequent lockdown has taken its toll on everyone, but small businesses have really borne the brunt of the 7% decline in GDP we saw last week. Finfind, in partnership with the Department of Small Business Development, SEDA, Services SETA, Business Leadership South Africa, the Banking Association South Africa, and a host of other partners conducted a study on the impact of lockdown on small business. And it offers insights on ways to better support smes through the recovery phase. Michael Avery spoke to Darlene Menzies, Founder and Chief Innovation Officer at Finfind;Tumi Sefolo, Executive Direct Lending Small Enterprise Finance Agency (SEFA); Muzi Mhlambi, Senior Manager The Banking Association South Africa (BASA); Kantha Naicker, Chairman The South African Institute of Professional Accountants (SAIPA).

Will SA forgive McKinsey for its role at the centre of state capture? This week, McKinsey’s R650m offer to pay back Transnet, SAA has been rejected by Transnet - which says it owes far more. In 2018, its mea culpa bombed as it claimed “no corruption”, but critics rejected its apology as too little, too late. Listen to this powerful report by BizNews founder Alec Hogg, on events in 2018 when he enjoyed a front row seat at the first public engagement by Kevin Sneader, at the time the new global managing partner. McKinsey & Company is among the businesses in the vortex of South Africa’s State Capture scandal. Sneader, who was been in the post for exactly a week, accepted an invitation from GIBS, a leading South Africa’s business school. A scathing riposte to his 20-minute speech was delivered by the other panelist, Bonang Mohale, CEO of Business Leadership South Africa. Mohale, who is as eloquent as he is outspoken, was formerly chairman of Shell South Africa. The temperature rose even further when the floor was opened to questions where former Competitions Tribunal’s chairman David Lewis and Forensic Investigator Paul O’Sullivan kept up the pressure.

Will SA forgive McKinsey for its role at the centre of state capture? This week, McKinsey’s R650m offer to pay back Transnet, SAA has been rejected by Transnet - which says it owes far more. In 2018, its mea culpa bombed as it claimed “no corruption”, but critics rejected its apology as too little, too late. Listen to this powerful report by BizNews founder Alec Hogg, on events in 2018 when he enjoyed a front row seat at the first public engagement by Kevin Sneader, at the time the new global managing partner. McKinsey & Company is among the businesses in the vortex of South Africa’s State Capture scandal. Sneader, who was been in the post for exactly a week, accepted an invitation from GIBS, a leading South Africa’s business school. A scathing riposte to his 20-minute speech was delivered by the other panelist, Bonang Mohale, CEO of Business Leadership South Africa. Mohale, who is as eloquent as he is outspoken, was formerly chairman of Shell South Africa. The temperature rose even further when the floor was opened to questions where former Competitions Tribunal’s chairman David Lewis and Forensic Investigator Paul O’Sullivan kept up the pressure.

This week on Womanity – Women in Unity, Dr. Amaleya Goneos-Malka talks to Busisiwe Mavuso, the CEO of Business Leadership South Africa (BLSA), an independent association of leaders from South Africa’s largest organisations that strives to build a competitive business environment. We discuss corporate policy as a mechanism to drive the gender agenda and ensure that the environment offers equal opportunities to women. We note the effect that visibility of women in leadership has on accommodating not just the individual’s voice but the voices of other women from similar backgrounds. We remark on the need for women to overcome their fears of inadequacy and imposter syndrome to own their success and achievements. Tune in for more….

In an effort to ensure small and medium sized businesses (SMEs) in South Africa survive the economic crisis, exacerbated by the COVID-19 pandemic, more than 50 large companies have formally committed to paying their SME suppliers in 30 days. The initiative, called #PayIn30, is spearheaded by Business for South Africa (B4SA), the SA SME Fund, and Business Leadership South Africa (BLSA), and supported by, amongst others, Business Unity South Africa (BUSA), the Small Business Institute (SBI) and the Black Business Council (BBC). It’s a perennial problem and Michael Avery speaks to Busi Mavuso CEO of Business Leadership South Africa; Kumaran Padayachee, CEO of Spartan sme finance; and Jomo Khomo, CEO of Kele Mining; to find whether this time is truly different.

In today's business headlines: * The Department of Public Enterprises could ring-fence billions of rand of irregular expenditure by Transnet to ensure clean audit findings for the state-owned ports and rail operator. Transnet has reported R10 billion of irregular expenditure in the last fiscal year. * Power utility Eskom has started a billion-dollar round of investments in the Koeberg nuclear power plant near Cape Town before getting permission from safety regulators that the reactor’s lifetime can be extended. It wants to extend Koeberg’s life span for another two decades. * All eyes are on Finance Minister Tito Mboweni this week who will present his Medium-Term Budget Policy Statement on Wednesday. Lobby group Business Leadership South Africa has listed key reforms it views as necessary to fast-track growth which includes trimming the public-sector wage bill, efficient revenue collection, the weaning SOEs off subsidies and bailouts and increased use of private-sector expertise. * At least five members of the Cricket South Africa (CSA) board have stood down from their positions after the council of CSA requested their resignations last week. The list includes acting president Beresford Williams.

In today's business headlines: * The Department of Public Enterprises could ring-fence billions of rand of irregular expenditure by Transnet to ensure clean audit findings for the state-owned ports and rail operator. Transnet has reported R10 billion of irregular expenditure in the last fiscal year. * Power utility Eskom has started a billion-dollar round of investments in the Koeberg nuclear power plant near Cape Town before getting permission from safety regulators that the reactor’s lifetime can be extended. It wants to extend Koeberg’s life span for another two decades. * All eyes are on Finance Minister Tito Mboweni this week who will present his Medium-Term Budget Policy Statement on Wednesday. Lobby group Business Leadership South Africa has listed key reforms it views as necessary to fast-track growth which includes trimming the public-sector wage bill, efficient revenue collection, the weaning SOEs off subsidies and bailouts and increased use of private-sector expertise. * At least five members of the Cricket South Africa (CSA) board have stood down from their positions after the council of CSA requested their resignations last week. The list includes acting president Beresford Williams.

In this weekly feature Michael Avery gets up close and personal with South Africa’s business and political economy leaders, to uncover what makes them tick, keeps them up at night and keeps them going through the Covid storm. Michael Avery’s guest this week is currently the longest serving bank CEO in the country having now served for roughly ten years in that position. He attended St John’s College (Harare) and completed his schooling at Maritzburg College, before graduating from Natal University (Pietermaritzburg) in 1987 where he received the Jack Armstrong award as the best final year student. He concluded his two year tenure as Chairman of The Banking Association of South Africa in June this year and is currently the Deputy Chairman of Business Leadership South Africa. Michael William Thomas Brown, Nedbank CEO, just Mike to most, shares his thoughts on the Treasury Loan Guarantee Scheme, the Basel pendulum of bank regulation swinging too far and what he’d do to fix Eskom.

Busi Mavuso, CEO of Business Leadership South Africa and board member of Eskom; Duma Gqubule, economist and founder of KIO Advisory Services & Hugo Pienaar, chief economist at the Bureau for Economic Research

Business Day TV — Hudson Raath, founder of Enterprise Ethanol, has an unusual leadership style whereby he lets his staff determine their own leave and encourages them to work from home first to avoid peak hour traffic. Can he be called the ideal boss? Bonang Mohale, CEO of Business Leadership South Africa, joins us to share his take on why leaders should have integrity and what this word means in the world of business. Bronwyn Echardt and Lerato Ramasodi joins us to unpack the entrepreneurial value of attending a Pitch & Polish workshop. Book your seat!

Leading the charge to clean up Eskom is chairman Jabu Mabuza, a straight-talking entrepreneur who started his career as a taxi driver and a man fully aware of what's at stake. Having recently turned 60, Mabuza's own focus has switched from accumulating to serving – apart from chairing Eskom, he also holds the same position at Business Leadership South Africa. Mabuza’s appointment was an important part of the new broom wielded by Pravin Gordhan, South Africa’s corruption-fighting minister of public enterprises who returned to the national cabinet when new president Cyril Ramaphosa took office in January. Gordhan was twice dumped as finance minister by former president Jacob Zuma, most famously in a midnight reshuffle last March when the last remaining bulwarks against rampant corruption were removed by then president Jacob Zuma. Instead of leaving politics, Gordhan spent the next ten months as a back bencher – keeping up pressure on the plunderers with a starring role in numerous Parliamentary inquisitions... Now back on the saddle, he’s certainly not holding back. Gordhan was on hand to add his comments at the Eskom gathering. The former head of SA Revenue Services is also not in a forgiving mood...certainly not to McKinsey whose new global head Kevin Sneader, then only a week in office, made a special trip to South Africa three weeks ago to say he’s sorry. The apology, apparently, was not accepted.

McKinsey gambled by apologising to South Africa for its role in the developing State Capture scandal. But from the mood of 165 people in the GIBS auditorium, it lost. New global managing partner Kevin Sneader is dealing with what rugby players call a hospital pass. To his credit, he stepped into a fire avoided by other global firms involved in South African State Capture like KPMG, SAP, Hogan Lovells, HSBC and a Chinese locomotive manufacturer. After witnessing the roasting McKinsey received today, you have to wonder whether CEOs of other multinationals have the bottle to follow Sneader onto this kind of public platform. Or, indeed, whether McKinsey itself will continue on the current course of owning up, profusely apologising, but still taking the hits. Perhaps now that it has repaid Eskom, the consulting firm will start to reconsider whether it is worth remaining involved in a South Africa that's quite obviously not in a forgiving mood.

The 4th Monday on the show "Business Today in Africa" on Africa Business Radio (www.africabusinessradio.com) is a show themed Political Economy Monday. We discuss the impact of political decisions on the business and economic environment on the continent. Naturally, in January we zoom into South Africa and dissect a few of the known political moves on Business. My guests today include: Mr. Bonang Mohale - CEO of Business Leadership South Africa as we talk about business confidence in the new ANC Leadership. Author and Political Analyst Mr. Prince Mashele chat with me on the divisions plaguing the ANC Top 6 around State President Jacob Zuma. Phumlani Majozi makes a return to pick up on our conversation from last week on Corporate Governance in public entities. Naturally, we have our SAIPA feature and we chat to the Deputy Chairperson Ms. Kantha Naiker. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

The Money Show’s Bruce Whitfield interviews Business Leadership South Africa’s Mohale for his weekly “ShapeShifter” feature.

Publishing editor of Engineering News and Mining Weekly Martin Creamer give us this week's update on our weekly feature, The Coal-Face. Business Leadership South Africa this week called for the jailing of pension fund trustees who have failed to pay ex-mineworkers their pensions, Wescoal this week put up its hand up as the flag-bearer of black junior coal mining in South Africa and Sibanye this week put its new mechanised mining machine through its paces at the Jo'burg Indaba