Busa ‘alive and well’

2012-03-03 08:57

News of Business Unity South Africa’s (Busa) death is greatly exaggerated, says chief executive Nomaxabiso Majokweni.

Majokweni this week responded to the tacit and explicit comments by some leaders of the newly-reconstituted Black Business Council (BCC) that their withdrawal from Busa meant that the organisation – formed as a merger of historically white and black organisations – had lost the right to the name.

Responding to a speech by Labour Minister Mildred Oliphant, BCC deputy president Lawrence Mavundla said the council would be seeking a seat at the tripartite policymaking body, Nedlac, because Busa (current business representative at Nedlac) did not represent the BBC.

Said Majokweni: “Busa was formed by the coming together of 14 black organisations and 14 white organisations. It has grown to represent more than 60 organisations.

“When 14 members left (to form BBC), we were left with about 46 members from across sectors and spectrum. These organisations have black and white members. So this by no means implies the death of Busa.

“We welcome the formation of BBC because we want to deal with black business that is strong. They are within their rights to consolidate themselves that way.

“We obviously accept that there are issues that are peculiar, but what is a better place to address these than at an apex business unity organisation.

“The mainstreaming of the economic transformation agenda cannot be for the BBC alone.”

But, said Majokweni, Busa would not entertain the council’s demand for 50% representation in the decision-making structures and for a veto right on certain issues.

If it did, this would be a drawback and a return to racialised business formations of the pre-Busa days.

Responding to the impression that the BBC had President Jacob Zuma’s ear, she said: “The president is a president of all South Africans, not of one business formation.

“When the president spoke (at the BBC summit) he said what he wanted to see was a united business organisation that would ensure that at the end of the day the country was the winner and that (united business) must address the challenges we had as a country.”

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.