#BusinessBelieves that it is a catalyst for South Africa’s inclusive growth, transformation, and development of a strong society. We recognise that we have both rights and responsibilities.
South Africa is strong when business is strong. A South Africa that is good for business is one which attracts investment; where markets function effectively; and political, social and economic conditions create stability and certainty. This provides a platform for businesses both small and big to thrive, be they privately-owned, state-owned or foreign-owned firms. All have their role to play in building a South Africa that creates prosperity for all by delivering jobs and inclusive growth.
Corruption is the cancer that eats away at this country, BLSA expects the highest ethical standards of its members to not only comply with the laws of the country, but also to root out corruption and demand higher standards in both the public or private sector.
BLSA is also committed to transformation within the business sector and supporting black-owned and managed supplier businesses. BLSA embraces the BBBEE (Broad-Based Black Economic Empowerment) scorecard in a way that gives weight to substance over form and that acknowledges the role of business as a positive force for society. We pledge to grow a new generation of black business leaders and entrepreneurs.
Our policy advocacy is aimed at allowing entrepreneurs to thrive, and to reduce the risks of doing business in SA. BLSA is actively looking outward to form principled alliances with members of civil society to advance the constitution and ensure the integrity of state institutions. We will continuously engage in policy formulation on a broad range of topics.
On 25 November 2005, the South Africa Foundation changed its name and brand to BLSA. The Foundation, founded in 1959, has a rich history of contributing and showing the commitment of business to South Africa.