Cosatu and Business Leadership SA (BLSA) met last week to find common ground between business and labour on the social, economic and governance crises facing SA. In a statement released on Monday, Cosatu and BLSA said that the meeting arose from "the conviction that solutions to SA’s pressing socioeconomic challenges are highly dependent on business and labour leaders communicating, and where possible working together, in the national interest." Both business and labour agreed that urgent action was needed to address unemployment, poverty and inequality. "This systemic attack on our democracy has eaten into investor and consumer confidence leading to the current slowdown of economic activity." The statement said that both parties agreed that SA could not transform or realise its potential without eradicating state capture. In the statement, the two called for an urgently and properly constituted, independent and sharply focused commission of inquiry into state capture; the replaceme...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.