Newly elected Business Unity SA president Futhi Mtoba, has called the controversy around her appointment earlier this week "unfortunate".
Business Unity South Africa is "pleased" with the economic policies adopted by President Jacob Zuma’s administration, it said on Tuesday.
Black people and women continue to be grossly under-represented in all directorships and top executive positions, according to a survey.
Busa backed the urgent need for a World Bank loan to Eskom as a part of a larger borrowing programme by the power utility.
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/ 10 December 2009
The road ahead for the South African economy remains ”tough”, Business Unity South Africa (Busa) said in Johannesburg on Wednesday.
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/ 14 October 2009
Electricity parastatal Eskom’s latest proposed tariff hike will administer ”a serious shock to the economy” next year, Busa said on Wednesday.
An urgent meeting of the President’s National Stakeholders Advisory Council on Electricity should be held, Business Unity South Africa said on Friday.
Business Unity SA has welcomed the overall thrust of the Organisation for Economic Cooperation and Development’s economic assessment of South Africa.
The new head of Business Unity South Africa said on Wednesday he was ”quite happy” about the country’s electricity crisis, despite the power cuts and disruption, as it will result in needed change. Brian Molefe said the problems were a ”blessing” in disguise that would force policy changes and greater reliance on alternative sources of energy.
Business Unity South Africa (Busa) has asked the National Energy Regulator of South Africa to delay its public hearings on Eskom’s proposed 53% tariff hike. Briefing the media in Johannesburg on Tuesday, Busa chief executive Jerry Vilakazi said a tariff increase would be ”short-sighted” and was not a sustainable solution to the current electricity crisis.
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/ 23 January 2008
South African business leaders on Wednesday met the management of Eskom to thrash out ways to cope with an electricity crisis that has caused chaos in factories and offices. Businesses have lost hundreds of millions of rands since South Africa began being hit by rolling power cuts, lasting for up to four hours, about three weeks ago.
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/ 24 October 2007
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The African National Congress (ANC) succession debate does not pose a significant threat to the creditworthiness of rand-denominated debt, Business Unity South Africa (Busa) said on Wednesday. ”We do not expect significant shift in the ANC policy, regardless of the outcome of the conference,” Busa CEO Jerry Vilakazi said.
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/ 16 October 2007
Barriers affecting trade between countries in the southern hemisphere were much greater than those in the northern hemisphere, Minister of Trade and Industry Mandisi Mpahlwa said in Johannesburg on Tuesday. In addition, reducing trade tariffs in countries where industrial development was still under way ran the risk of exacerbating unemployment, he said.
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/ 11 September 2007
The policy of affirmative action in South Africa will remain, despite calls from some labour unions to end it, the chief executive of Business Unity South Africa told Parliament on Tuesday. Since the end of apartheid, the government has targeted black South Africans, women and the disabled for preferential treatment when it comes to jobs which they previously had no access to.