He in­spired faith in the econ­omy

Weekend Argus (Saturday Edition) - - NELSON MANDELA 1918-2013 -

THE BUSI­NESS com­mu­nity has hailed Nel­son Man­dela for how he raised the pro­file of South Africa, steered the coun­try dur­ing the tran­si­tion years, and at­tracted in­vestors. While we mourn the pass­ing of the world’s icon of democ­racy and rec­on­cil­i­a­tion, the busi­ness com­mu­nity has ev­ery rea­son to cel­e­brate his con­tri­bu­tion to the foun­da­tion of South Africa’s democ­racy, pos­i­tive in­vest­ment cli­mate and the rein­tro­duc­tion of the coun­try to the world stage.

In the for­ma­tive years of our democ­racy, Madiba’s stead­fast fo­cus on na­tion-build­ing and the de­vel­op­ment of prag­matic eco­nomic pol­icy was cru­cial in build­ing in­vestor con­fi­dence. Early in South Africa’s democ­racy, in­vestors were able to put po­lit­i­cal sta­bil­ity as the least of their wor­ries on their list of fac­tors im­por­tant when con­sid­er­ing in­vest­ment. “Man­dela will be re­mem­bered as a po­lit­i­cal vi­sion­ary who re­mained con­cerned with the ev­ery­day is­sues of his fel­low cit­i­zens,” said chief ex­ec­u­tive Neren Rau. “Sacci wishes to add its voice to calls from nu­mer­ous quar­ters that South Africa should hon­our Man­dela’s life by re­flect­ing his legacy of na­tion-build­ing and com­pan­ion­ship across all walks of life.” “Dur­ing his term as our coun­try’s first demo­crat­i­cally elected pres­i­dent, he raised the stature of South Africa as a se­cure desti­na­tion for hope, growth and in­vest­ment, es­pe­cially in the min­ing sec­tor.”

The cham­ber said Man­dela was an in­spi­ra­tion to all and would al­ways be re­mem­bered as a fig­ure of peace, rec­on­cil­i­a­tion and unity. As with many South Africans, we at BLSA share the grief over the loss of one of the coun­try’s great­est lead­ers who played a cru­cial role in uni­fy­ing our coun­try, lead­ing the tran­si­tion to democ­racy and lay­ing the foun­da­tions for eco­nomic growth. Al­though we are mourn­ing the pass­ing of Madiba, it would be wrong not to cel­e­brate the life that he lived. We must laud him for not har­bour­ing hate or feel­ings of retri­bu­tion, but rather be­com­ing a ser­vant of all South Africans and fos­ter­ing rec­on­cil­i­a­tion be­tween all the racial groups in our beau­ti­ful coun­try. It is only on this foun­da­tion of peace, that we could start build­ing our coun­try to what it is now and what it will be­come. Chair­man of the board Jabu Mabuza said: “The only way for us to pay ad­e­quate trib­ute to Mr Man­dela is through our thoughts and our ac­tions. We should re­flect on his achieve­ments, at­tained de­spite the cir­cum­stances of his life. We must re­mem­ber his val­ues, his sense of dig­nity and his re­spect for ev­ery hu­man be­ing. And we must all act in a man­ner that con­tin­ues the tra­di­tion of demon­strat­ing hu­man­ity to­wards oth­ers, of reach­ing out to those who are most in need and of com­mit­ting our­selves to be­ing of ser­vice to the peo­ple.” Whitey Bas­son, chief ex­ec­u­tive, said: “We unite in re­mem­ber­ing the great­est South African of our life­time, Dr Nel­son Rolih­lahla Man­dela.

“The world has lost an iconic states­man and a courageous leader. He, with mod­esty and hu­man­ity, de­voted his life to chang­ing and shap­ing our coun­try for the best. Let us con­tinue his long walk and climb ev­ery great hill with his de­vo­tion and ac­cep­tance of the re­spon­si­bil­i­ties free­dom brings.” To­day, we can also cel­e­brate the life and legacy of Nel­son Rolih­lahla Man­dela, who per­son­i­fied the val­ues we seek to build in our com­mu­nity. In ad­mi­ra­tion and hu­mil­ity, and in light of his spirit of in­clu­sive­ness, we will al­ways re­spect him, even as one of our own fore­bears. We will seek to live and ex­pand his legacy.

Madiba grew up in the con­text of a tra­di­tional com­mu­nity with tra­di­tional de­ci­sion- mak­ing struc­tures, and drew on the power of con­sul­ta­tion and con­sen­sus through­out the course of his lead­er­ship. This made him all the more in­clu­sive, ap­proach­able and in­flu­en­tial. He shared the tra­di­tional un­der­stand­ing of the need to ad­dress the holis­tic per­son – the in­di­vid­ual as a so­cial and emo­tional be­ing, linked to a wider com­mu­nity, which strength­ened his abil­ity to find com­mon ground with for­mer en­e­mies and al­lies alike. “With­out his legacy, South Africa would not have be­come the thriv­ing coun­try it is to­day, and South Africa’s econ­omy would not have achieved the gains it has in the last 19 years,” said chief ex­ec­u­tive Mark Cu­ti­fani.

“His­tory will recog­nise him as a gi­ant among men; as an iconic leader who fought through­out his life not only for equal­ity, but for the ba­sic hu­man rights of all.

“He was in­te­gral to the ush­er­ing in of democ­racy in South Africa, and led the coun­try with dis­tinc­tion, stature and hu­mil­ity dur­ing his pres­i­dency.”

An­glo Amer­i­can vowed to live up to Man­dela’s legacy by mak­ing a dif­fer­ence to all South Africans. Group pres­i­dent and chief ex­ec­u­tive, Si­fiso Dabengwa, said: “Man­dela leaves a rich legacy of rec­on­cil­i­a­tion, world peace and the tri­umph of the hu­man spirit over all ad­ver­sity.

“He never lost his com­pas­sion, hu­mil­ity and com­mon hu­man­ity. He taught us to love our­selves, to love one another and to love our coun­try.

“So, as we cel­e­brate his self­less ef­forts on be­half of hu­man dig­nity, it also rep­re­sents an en­dur­ing chal­lenge for us all.” – Staff Reporter

WORLD’S LOSS: Whitey Bas­son calls for all to con­tinue the long walk.

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