Sunday World (South Africa)

All systems go as curtain rises for SA’S own Davos summit

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Ndlozi and Rise Mzansi leader Songezo Zibi.

The annual Black Business Summit Gala Dinner, to take place at the Radisson OR Tambo Hotel and Convention Centre, Kempton Park, east of Johannesbu­rg, will have its main event addressed by President Cyril Ramaphosa on Tuesday.

Ramaphosa is expected to locate his speech on the need for South Africa to grow its economy as an effort to create employment, and therefore end unemployme­nt and poverty,” said Matabane.

“The president will give direction, and encourage business, together with civil society, to work together for the economic good of the country,” said Matabane.

Also, completing the government representa­tion will be Trade, Industry and Competitio­n Minister Ebrahim Patel, who will present an address focused on The African Continenta­l Free Trade Area and Opportunit­ies for Economic Growth, Localisati­on, and Industrial­isation.

Matabane said the BBC was committed to exposing South Africa to the world of business in which it interacts with internatio­nal business because “the time of silos is gone” and “since the world has globalised, we must be part of that globalisin­g world”.

“The BBC continues to create a platform where members, as well as senior leaders in business, government, politics, and civil society, engage on potential solutions for the prosperity of our beloved South Africa in order to create jobs and contribute positively to economic growth.

“The annual summit serves as an extension of the advocacy and policy work on socio-economic transforma­tion matters.”

Properly named “30 years of democracy- progress so far and

Plans to Accelerate Implementa­tion of reforms – its main aim is to create multiple platforms to engage “robustly” on business and socio-economic issues that will enhance, and not retard progress as we embark on a journey to creating wealth for all South Africans”.

Matabane said his organisati­on was pleased to bring all sectors of society, including the government, under one roof to map out the future and strategies the country must pursue to create wealth.

He said the BBC is an over-arching confederat­ion that represents black profession­als, business associatio­ns and business chambers and must be alive to the needs not only of business but of society as a whole. “This is precisely the reason we are holding the summit, and having various sectors represente­d as a heartbeat of business in the country.

“The primary purpose of BBC is to lobby the government on policy-related matters and to play an advocacy role where policies are in place to accelerate the participat­ion of black business in the mainstream economy,” Matabane said.

He said his organisati­on was pleased that through various embassies represente­d in the country, his organisati­on would have the ability to gauge what the heartbeat of business throughout the world looks like.

This, he said, would serve as a barometer to use to have an appreciati­on of what other businesses in the world were doing.

“We operate in the world, and we must embrace the world so that we are able to improve our business offering,” he said.

Some of the highlights of the summit will include discussion topics such as “Energy Security and the Just Transition” to be led by the director-general of the Department of Mineral Resources and Energy, Jacob Mbele.

Minister of Internatio­nal Relations and Cooperatio­n Naledi Pandor, Health Minister Joe Phaahla and the Minister in the Presidency Khumbudzo Ntshavheni will also address the summit.

 ?? GCIS ?? President Cyril Ramaphosa will address the annual Black Business Council Summit’s
Gala Dinner on Tuesday.
GCIS President Cyril Ramaphosa will address the annual Black Business Council Summit’s Gala Dinner on Tuesday.

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