LISTEN: Bonang Mohale not surprised at loss of business confidence in govt
In a radio interview with CapeTalk’s Kieno Kammies, Mr Mohale, notes that BLSA “has three reasons for existing.” Driving inclusive economic growth, protecting and strengthening key intuitions including the Constitution and the Office of the Public Protector and positioning business as a national asset. Mr Mohale emphasises that Business is the answer and not the enemy, noting that business is a large employer in South Africa. Moreover, Mr Mohale states that being profit driven should not be perceived negatively as it has positive net benefits for society. However, he is challenged by Mr Kammies on this notion, who states that “it can’t be profit at any cost,” citing the revelations of bread and construction cartels in recent history. Mr Mohale agrees with this sentiment and notes that when corruption is found in the private sector action is taken.