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BLSA CEO’s Weekly Newsletter – Reform is moving faster than business confidence

6 September 2026

BLSA CEO’s Weekly Newsletter – Reform is moving faster than business confidence

Last week brought multiple positive reform signals, but business confidence fell to 38 in Q3, well below the 47 recorded…

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Business Leadership South Africa (BLSA) is an independent association whose members include the leaders of some of South Africa’s biggest and most well-known businesses.

Through BLSA, South Africa’s business leaders engage key players in South African society, including government, civil society and labour, to exchange ideas in our national interest and to create effective dialogue.

By so doing, we contribute to building strong communities underpinned by job creation through sustained economic growth.

INITIATIVES

TAMDEV

The Technical Assistance Mentorship Development (TAMDEV) programme, anchored by NBI, is a collaboration between Government and Business.

THOUGHT LEADERSHIP

06/09/2026 | By Busiswe Mavuso

BLSA CEO’s Weekly Newsletter – Reform is moving faster than business confidence

Last week brought multiple positive reform signals, but business confidence fell to 38 in Q3, well below the 47 recorded in the first quarter. Reform is moving, but the economy is not yet feeling it. The most significant positive signal is that Treasury issued an RFP for Eskom transmission unbundling advisors. BLSA and Eskom agreed on a joint statement backing the electricity reform programme. The rail network statement will be published by the end of September, after significant input on the draft version. A two-year AGOA extension is welcome but too short to shift investment. South Africa still needs a coherent, long-term trade strategy.   Last week gave us plenty of signs that reform is moving forward, but business confidence is far behind. That gap reflects the path we still must follow to turn reform into a real improvement in the operating environment. National Treasury, through the Development Bank of Southern Africa, has issued a call for proposals for advisors on the unbundling of Eskom’s transmission assets into an independent transmission system operator (ITSO). This is a significant step. The transaction is complex – it will require the approval of Eskom’s lenders – but such restructurings have been successfully concluded […]

NEWS

30/08/2026

Joint Media Statement by Business Leadership South Africa and Eskom

Johannesburg, 31 August 2026 – Business Leadership South Africa (BLSA) and Eskom recently held a direct and constructive engagement, initiated by the Eskom Chair, on the electricity reform programme and… continue reading

23/07/2026

MEDIA STATEMENT – Completion index falls for first time as problems emerge with energy sector reforms

Johannesburg, 23 July 2026 – The fourth BLSA Reform Tracker Quarterly Review, covering April to June 2026, shows South Africa’s… continue reading

30/06/2026

PRESENTATION – Addressing the Crisis in Johannesburg – Data and Analysis

On 25 June BLSA hosted a Council Meeting where Lael Bethlehem, a partner at Genesis Analytics and former Director… continue reading

04/06/2026

BLSA AND BUSA JOINT MEDIA STATEMENT – South Africa’s Business Leaders Affirm the Rule of Law and Call for Calm and Co-Created African Solutions Amidst Migration and Immigration Challenges

JOHANNESBURG 5 June 2026Business Unity South Africa (BUSA) and Business Leaders South Africa (BLSA) note with concern the… continue reading

MEMBERSHIP CRITERIA

Membership to Business Leadership South Africa is granted on application, or by invitation from the Board, based on certain criteria approved by the Council as a whole. Find out more