In light of the tumultuous year that was 2020, BLSA’s Busi Mavuso has endorsed the upcoming festive break for the business sector, as well as the need to rest.
The Chief Executive Officer (CEO) of Business Leadership South Africa (BLSA), Busi Mavuso took to Twitter on Monday, 14 December 2020, to circulate her weekly newsletter. The newsletter marks the last one for the year, as most businesses are set to take their festive season break this week.
In her newsletter, Mavuso touched on two aspects that affected businesses the most this year. First, was the matter of corruption. Despite it having always been at the forefront, it was exacerbated by the pandemic and the State Capture Commission this year. The commission showcased how business and politics are intertwined locally in unlawful actions.
Additionally, the second pertinent issue that she addressed was the economic spiral of the country, mostly due to the lockdown restrictions and the impact thereof of local businesses. She stated, “We need to rest. It is important to recharge so that we can come back ready to confront these challenges.” She added, “Next year, we have to tackle our challenges with renewed vigour. As a country, we have our last chance to halt the deterioration of our economy and reorganise it for long-term growth. The economic recovery over the next couple of years is going to rely on the ability of the state to move much faster in implementing reforms.”
See the post below.
— Business Leadership South Africa (@BLSA_Official) December 14, 2020