BLSA statement on the appointment of Fani Titi and Hendrik du Toit as joint CEOs of Investec

Business Leadership South Africa (BLSA) wishes to congratulate Investec, particularly Mr Stephen Koseff, one of our non-executive directors, for appointing Fani Titi and Hendrik du Toit as joint CEOs of the Group. “Mr Titi’s appointment is of particular significance to us as it shows what can be achieved when a company journeys and grows with…

An open letter to President Donald J. Trump from BLSA’s Bonang Mohale

President Trump We have read with consternation reports of your derisive comments characterising African nations and others as “shithole countries,” and questioning why the United States should allow immigrants from our continent, or other similarly described nations like El Salvador and Haiti. You also stated a preference for immigrants from “countries like Norway.” The overt…

BLSA condemns the reappointment of Brian Molefe as CEO of Eskom

Business Leadership South Africa (BLSA) unequivocally condemns the reappointment of Brian Molefe as CEO of Eskom. We welcome and agree with the ANC’s statement on the matter. Five separate reports, including the Public Protector’s ‘State of Capture’ report have found prima facie evidence of serious malfeasance at Eskom during Mr Molefe’s tenure there. We call…

BLSA welcomes the commission of inquiry into state capture

Business Leadership SA welcomes the President’s establishment of the independent judicial commission of inquiry into state capture, to be chaired by Deputy Chief Justice Raymond Mnyamezeli Mlungisi Zondo, announced last night. It was 15 months ago when the former Public Protector Thuli Madonsela published her report, State of Capture, detailing how far our country and government had been…

New research reveals scale of business contribution to SA

Download FULL REPORT Download APPENDICES 20th November, Johannesburg: A ground-breaking report by Quantec Research, a leading South African economic consultancy, has revealed today the significant contribution made by South African business to the wealth of the nation. It re-iterates, amongst other things, the significant contribution of business to the South African economy. The study was commissioned earlier this year…

BLSA media statement on the ANC 54th National Conference

The 54th National Conference of the African National Congress (ANC), due to take place on 16-20 December 2017, is an important moment for the country. The South African public, businesses, local and international investors alike are watching developments carefully.  A stable, peaceful and smooth Conference is in the interest of economic stability and long-term prosperity of our…

BLSA statement on Lungisa Fuzile’s appointment as Standard Bank SA CEO

Business Leadership South Africa (BLSA) would like to congratulate Standard Bank Group for appointing Lungisa Fuzile, former director general at National Treasury, as the new CEO of Standard Bank SA. Fuzile’s departure from the Treasury represented a setback to the South African civil service. BLSA is therefore excited by the retention of this critical skill…