Despite dark times, there’s still hope for SA’s economy… and these News24 panelists will tell us why | News24

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SA’s top business leaders will join a panel discussion about salvaging the country’s economy at News24’s On The Record Summit in Cape Town next month.

  • The country’s top business leaders will gather at News24’s annual thought leadership summit next month.
  • Set down for 25 May, On The Record with News24 will feature critical conversations about the future of South Africa.
  • One of the solutions-driven discussions will dive into the private sector’s role in reversing years of economic damage.
  • The event, in partnership with Nedbank, will be held at the CTICC. To purchase your tickets, click here.

Despite worsening economic conditions, South Africa’s private sector is still persevering – even when it feels like it’s fighting a losing battle.

As multiple crises continue to cripple the country’s economy, business leaders are forced to choose between throwing in the towel or turning their anguish into action.

M&C Saatchi Abel Group SA chief Mike Abel and Business Leadership South Africa (BLSA) CEO Busi Mavuso are among the top executives joining News24’s On The Record Summit in Cape Town on Thursday, 25 May to discuss solutions to the country’s economic decline. 

News24 editors will facilitate six panel discussions during the full-day summit, hosted in partnership with Nedbank at the Cape Town International Convention Centre. Each panel discussion will focus on vital interventions needed to combat SA’s slide towards state failure – including activism, criminal justice reforms, and political change. 

READ | Will political pacts save SA? Steenhuisen, Mashaba and others take hot seat at News24 summit

Other speakers on the day include Cape Town Mayor Geordin Hill-Lewis, Rise Mzansi leader Songezo Zibi, NPA deputy prosecutions head Anton du Plessis, and Unite Behind director Zackie Achmat.

Helena Wasserman, News24’s business editor, will lead the discussion centred on South Africa’s private sector, asking the panelists, “Why are we still doing business here?”

“South Africa is in crisis, and this presents both tremendous risk, but also opportunity, for companies. Our panelists are leaders in a diverse range of industries, and I look forward to hear their views on the business case for South Africa in a challenging time,” said Wasserman. 

Here’s a look at who will be on the business panel:

  • Mike Abel, Founding Partner & Executive Chairman of M&C Saatchi Group South Africa 
  • Busisiwe Mavuso, CEO of Business Leadership SA 
  • Delphine Govender, Co-founder of Perpetua Investment Managers
  • Ciko Thomas, Head of retail and business banking at Nedbank

SPECIAL SITE | Everything you need to know about News24’s On The Record Summit

As each year passes, it’s getting harder for the state to keep the lights on, attract investment, grow the economy, or reduce unemployment.

Because of the volatile corporate environment – hampered by slow economic growth, policy uncertainty, load shedding, fuel hikes, organised crime, failing infrastructure and misgovernance – some South Africans are opting to take their businesses and skills abroad.

However, there are many respected business executives, including the panelists listed above, who are shining a light on the way forward for South Africa’s corporate leadership. 

To hear more solutions-driven ideas about how the private sector can help revilatise the country’s economy, join News24 at the CTICC in Cape Town on Thursday, 25 May. Book your tickets here.

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