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Mail & Guardian
busalatest news & developments

Unlocking Africa’s Potential: Brand SA and BUSA Shine at Investing in Africa Conference 2024

The event showcased the country’s competitive advantages, world-class infrastructure, and talented workforce

Empowering South African SMEs: Brand SA’s London Investment Week Initiative

The platform allowed the small businesses to pitch for funding, connect with potential partners and showcase their work to a global audience

Unions have previously called for higher earners’ salaries, such as those of ministers, to be cut. But the assessment has shown that increases in remuneration have been the fastest for employees on the lowest salary levels and slower for top earners.

Public wage bill is impeding SA’s growth prospects — Busa

Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks…

Eskom will be freed from borrowing more money for its operational needs and capital requirements for the next five years because of the government’s debt relief package and the tariffs approved by the national energy regulator, Nersa. (Photo: Gustav Butlex)

Businesses should use alternative energy sources, industry bodies advise

Business associations are urging companies to continue seeking alternative energy sources in light of Eskom’s court judgement which would allow the utility to bump up electricity…

Banks are under pressure from governments and entrepreneurs to play a more active role in supporting investment and industrialisation by directly lending to sectors driving growth and jobs.

Labour court rules banking strike unlawful

Cosatu and Sasbo say the banking strike is not cancelled but suspended after the labour court ruled it unlawful

Independent economist and trade policy analyst Tinashe Kapuya says that US President Donald Trump is unpredictable and could use the removal of South Africa from the GSP as a way to gain favour with his constituencies. (Kevin Lamarque/Reuters)

Trump’s twichy Twitter fingers add to SA woes

When the US president is not stoking the flames of white nationalism on Twitter, he is playing chicken in a trade war with the Chinese.

Public Protector Busisiwe Mkhwebane. (Reuters)

BUSA, Sacci at odds over petition to remove Mkhwebane as Public Protector

In a statement issued on Wednesday, BUSA said Mkhwebane is not "competently and fairly" upholding the Constitution

President Ramaphosa spearheaded the four-year process that led up to the signing on Friday after he was appointed by former president Jacob Zuma in 2014 to stabilise the labour environment. (GCIS)

Ramaphosa: ‘Historic’ minimum wage to come into effect on January 1 2019

Ramaphosa signed four bills into law​ in late November to give effect to a R3 500 monthly national minimum wage for most categories of workers.

(Graphic: John McCann/M&G)

Job summit glosses over skills problem

South Africa, amid fast-changing technology, is producing skilled people, but not enough of them

President Cyril Ramaphosa congratulates newly appointed Finance Minister Tito Mboweni, who is expected to make his presence felt regarding economic strategy. (Sumaya Hisham/Reuters)

Move over, here comes Tito

A tough nut, Mboweni is likely to make the treasury the undisputed centre of economic power and policy

Unattainable: Cosatu’s general secretary Bheki Ntshalintshali (above) will ask for the National Development Plan to be reviewed at President Cyril Ramaphosa’s jobs summit. (Delwyn Verasamy)

Dark clouds gather over jobs summit

Ramaphosa has his work cut out to rally everyone behind his vision and some are already grumbling

“The most direct way for South Africans and South African companies to create jobs is to buy only South African products,” says Cyril Ramaphosa (GCIS)

Ramaphosa’s Jobs Summit plan to create 275 000 new jobs annually

Unless the country did something ‘extraordinary’, Ramaphosa notes that South Africa will not be able to reduce the unemployment rate to 6% by 2030

Busa Vice-President Martin Kingston says the Jobs Summit should be seen as process, not an event. (Delwyn Verasamy/M&G)

Businesses expected to agree to publish pay ratios at Jobs Summit

Businesses are already required to report income differentials under the Employment Equity Act

‘What happens to us as human beings? Our sense of definition and self-esteem is integrally linked to employment — you must have a sense of purpose

Watch your job, the bots are coming

Automation is replacing manual workers at a rapid rate. What will be the ‘safe’ careers of the future?

The transfer of Eskom’s transmission assets appears to be a sticking point.

Busa raises concerns about Eskom

Business Unity South Africa has urged Eskom to let it help find ways to improve the power parastatal’s sustainability and avoid a tariff hike.

Drive to limit executive pay

Drive to limit executive pay

Government and business could be in for a standoff over regulations on executive pay, if local authorities decide to tackle excessive salaries.

‘Far-fetched’ dream to save SA economy slammed

‘Far-fetched’ dream to save SA economy slammed

Business Unity SA has been sharply criticised by Cosatu for calling for greater public and private partnerships in 2012 to bolster SA’s economy.

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Business Unity SA briefs Zuma on BBC

Business Unity SA has shared its own perspective on the Black Business Council with President Zuma, who has urged unity for the sake of SA’s economy.

Busa exposed to transformation by fire

Black business organisations expressed their dissatisfaction with lack of transformation at a summit last week.

Busa lowers 2011 growth forecast to 3.1%

Business Unity South Africa has cut its economic growth forecast for 2011 from 3.4% to 3.1%, saying a cut in the repo rate could soon be necessary.