Cape Town –  Business Leadership South Africa (BLSA) has vowed to play its part in economic transformation.

In a keynote speech in Alexandra on Wednesday, BLSA’s chief executive Bonang Mohale expressed the organisation’s commitment to transformation of the country’s economy.

“Business Believes in South Africa. South Africa’s future and our future as businesses are inseparable. We want the transformation so many in this country need so desperately. We share the values set out in its constitution. And we say humbly: we want to play our part in ensuring that South Africa works for everyone,” Mohale said.

“We are fighting back against the falsehoods of the White Monopoly Capital campaign and we are asserting business as a positive force in the life of this country.”

He added that South Africa is heavily affected by unemployment, poverty, nepotism and corruption.

Mohale has called on all political parties and civil society to make inclusive economic growth a priority.

Mohale and the CEO of the Johannesburg Stock Exchange (JSE) Nicky Newton-King signed a contract that focuses mainly on job creation, black leadership, investments and rooting out corruption.

“Corruption and state capture are the cancers eating away at this society. We cannot create the conditions for inclusive growth in the face of state capture and corruption. Everyone who cares about this country must cry, ‘Not in my name!’ wherever they see evidence of corruption, whether in the public or private sector.”

Mohale maintained that corruption must be ‘rooted out and crushed’.

“Only by upholding this contract that we have made today, will we ensure that the South Africa of Nelson Mandela’s dream – where everyone prospers – will become a reality,” concluded Mohale.

Read the full article: https://www.iol.co.za/news/south-africa/businessbelieves-blsa-commits-itself-to-economic-transformation-10905511