Government’s bad behaviour is behind SA’s low business confidence, says Bonang Mohale
Business confidence in SA is at a 30-year low because of the behaviour of the government and its poor leadership, Business Leadership SA CEO Bonang Mohale said on Thursday. Mohale was in Cape Town for the signing by businesspeople of the BLSA contract with SA, which commits business to creating jobs by growing the economy; encouraging and empowering senior black leadership; investing; supporting small businesses; and condemning and rooting out corruption. The BLSA pledge also commits business to zero tolerance for corruption in its own midst, to not act anti-competitively, and to protect whistle blowers. "For too long we have remained on the sidelines but today we say loudly and clearly that business is ready to play a full part in the transformation that SA so desperately needs and to make sure this country works, not just for the privileged few but for everyone," Mohale said. In a hard-hitting speech against corruption, Mohale said business had been discovering to its "horror" the...
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