Davos: BLSA cautions about challenges facing SA

21/01/2020 | By Admin

The presenter of the Money Show on 702 and Cape Talk, Bruce Whitfield caught up with South African captains of industry at Davos, Switzerland, as the World Economic Forum 2020 got underway.

He also explores the world of Deep Fakes – the scariest threat to media credibility in the 21st century.  Whitfield spoke to the Chief Executive Officer at Business Leadership South Africa, Busi Mavuso who is attending WEF to share her thoughts about the gathering at this Swiss Ski resort.

Mavuso said, “We know that business confidence in SA is very low. The business community is very vocal and impatient with President Ramaphosa to implement reforms. When we find ourselves in that situation as a country how do we come out and tell a compelling and convincing story? We cannot continue fooling ourselves, let alone fool everybody else. Government has to get it that it’s time for action. The economy needs a serious turnaround. The SAA story is very telling. It’s unfortunate because we should not be here as a country – we shot ourselves in the foot as a country. I think we need to start acting.”