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Business Leadership South Africa CEO Busisiwe Mavuso said the budget speech came at a time when South Africa had evidently used up much of the goodwill that it had with sovereign credit rating agencies in recent years.
The CEO of Business Leadership South Africa (BLSA), Busiswe Mavuso, has taken a firm stance on the complicity and accountability of businesses in state looting as well as the importance of transparent political party finances.
While President Cyril Ramaphosa has the right intentions when it comes to the economy, he may struggle to bring the changes business needs, believes Busisiwe Mavuso, the new head of Business Leadership South Africa.
Outgoing Business Leadership SA CEO Bonang Mohale told Fin24 that his successor Busisiwe Mavuso – the current COO of BLSA - would be taking over from him officially at the beginning of July.
Minister of Finance Tito Mboweni took to social media networking site, Twitter, Thursday morning to drop a slice of insight about an envisioned state-owned bank, saying that he will share more details about this in his budget speech next week.
There seems to be no direction as to where the country is going both politically and economically, says ANC veteran Ben Turok.
Business Leadership South Africa head Busisiwe Mavuso says the organisation will continue encouraging senior black professionals to assume leadership in both private and public companies, despite the troubles faced by many of these entities.
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