Bonang Mohale : We as business are not throwing our weight behind Ramaphosa

The markets soared with Cyril Ramaphosa's election as ANC president. [READ: ‘The rand is already touching 12 [to the dollar]!’ Bonang Mohale

Bonang Mohale, CEO at Business Leadership South Africa, says that while they congratulated the ANC on their choice of leadership, it is not an indication that the BLSA is fully backing Ramaphosa.

He says as Business Leadership South Africa it has invested interest in politics and is ready to work with government, but it is not part of it.

We are not throwing our weight behind Ramaphosa as business. As business, we are here to work with this government because we want to be a trusted adviser and partner of choice. We want to do everything possible to ensure we are being led by a capable state.

Bonang Mohale,CEO at Business Leadership South Africa

Mohale says as business they will consult with all parties, but they have nothing to do with the political parties be it the ANC , DA or EFF. Rather they are concerned with government because they submit to government.

We love this country. Business believed in this country. We are heavily invested in this country. We want a functioning democracy, where people don't bribe, steal or cheat.

Bonang Mohale,CEO at Business Leadership South Africa

Mohale adds it is now the task of the new leadership to tackle the issues facing the country such as unemployment and rooting out corruption.

We want to call upon the new leadership to focus on the urgent task of addressing transformation, job and growth.

Bonang Mohale CEO at Business Leadership South Africa

Listen to the full interview:


This article first appeared on 702 : Bonang Mohale : We as business are not throwing our weight behind Ramaphosa


Recommended

by NEWSROOM AI
Read More
No certainty if strange stone originates from outside the solar system

No certainty if strange stone originates from outside the solar system

In 2013 researchers announced the 'Hypatia' stone found in the south-west of Egypt, was most certainly not from Earth.

[LISTEN] ANC's proposed land expropriation explained

[LISTEN] ANC's proposed land expropriation explained

The Institute of Race Relations explains the confusion around the proposed amendment to Section 25 and how this affects property.

LISTEN: Tony Leon says Ramaphosa win good for country, less so for opposition

LISTEN: Tony Leon says Ramaphosa win good for country, less so for opposition

Tony Leon says opposition parties might find it a bit difficult to carry out their duties with the new ANC leader.

'Ramaphosa will have to appoint the right ministers to grow the economy'

'Ramaphosa will have to appoint the right ministers to grow the economy'

Chief Economist at Nedbank, Dennis Dykes unpacks the economic impact following the confirmation of the new ANC top six.

'Markets seem to be in love with Cyril'

'Markets seem to be in love with Cyril'

Lesiba Mothata Chief Executive Economist at Alexander Forbes Investments explains how the markets are reacting to #ANC54.

'Weekend announcement of ANC president would've been better for markets'

'Weekend announcement of ANC president would've been better for markets'

Economist Dr Thabi Leoka says announcing the ANC president over the weekend would give the markets time to digest the new leader.

Popular articles
I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

The Money Show’s Bruce Whitfield interviews Madzonga, who claims innocence and that Chairperson Tshifhiwa Matodzi lied to him.

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

Here we go again… The Money Show’s Bruce Whitfield interviews Africa Connected Host Lee Kasumba.

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

Some of the women who used these tests shared their heartbreaking stories with Business Insider Online.

Tax payers could go back to filing returns manually if Sars system not fixed

Tax payers could go back to filing returns manually if Sars system not fixed

Marc Sevitz of Tax Tim says it is scary to think the system might collapse and taxpayers will have to file manually.

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

[WATCH] Hilarious little girl tells mom that she needs a boyfriend

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

Let your nose decide if docci claims into perfume industry are true

Let your nose decide if docci claims into perfume industry are true

Claims have been made that the perfume industry don't want consumers to know the real cost of making these products.

Woman alleges pastor Omotoso began sexually abusing her at 14

Woman alleges pastor Omotoso began sexually abusing her at 14

Nigerian pastor Timothy Omotoso and his two co-accused face multiple charges, including human trafficking, racketeering and rape.