Business Leadership Worldwide

Nedbank has suspended its final dividend, after an almost 57% slump in full-year headline earnings. The lender has cited higher impairments and lower revenues, largely due to a decline in client activity levels and the effect of lower interest rates. --- Support this podcast: https://anchor.fm/businessza/support [https://anchor.fm/businessza/support]

CEO of Business Leadership South Africa, Bonang Mohale says South Africa's gross domestic product can only grow with the help of the private sector, accusing government of being anti-business. The Finance Minister's speech was delivered on Wednesday as South Africa tries to restore confidence in the country's economy after several economic downgrades weakened growth this year. --- Support this podcast: https://anchor.fm/businessza/support [https://anchor.fm/businessza/support]

SECTION27 Executive Director Mark Heywood has sent a letter to more than 20 of South Africa’s top CEOs and business leaders, including Adi Enthoven, Stephen Saad, Adrian Gore, Roger Jardine, Cheryl Carolus and Sipho Pityana. Heywood is trying to get business to see financial support to civil society advocacy organisations as a necessary investment in our democracy and Constitutional objective of social justice, not just a CSI box-ticking exercise. Also, he wants them to get over their fear of association with in-your-face organisations such as SECTION27. SECTION27 is a public interest law centre that seeks to achieve substantive equality and social justice in South Africa. The Money Show’s Bruce Whitfield interviewed Heywood --- Support this podcast: https://anchor.fm/businessza/support [https://anchor.fm/businessza/support]

Business Leadership SA CEO Bonang Mohale has confirmed that it has suspended Eskom and Transnet. Mohale labelled Jacob Zuma a 'thief' at a launch event on Thursday stating that the accountability of government has been captured. According to Mohale, this is a plan to renew the organisation and root out corruption. He spoke to The Midday Report. --- Support this podcast: https://anchor.fm/businessza/support [https://anchor.fm/businessza/support]