Unity, change focus of new Busa CEO

2011-09-01 17:38

Johannesburg - Business Unity SA (Busa) needs to focus on economic transformation and business unity, its new CEO Nomaxabiso Majokweni said on Thursday.

“Economic transformation and business unity are therefore the twin pillars on which I want to build my vision for Busa,” she told reporters on her first day in the job.

Her remarks came after the Black Management Forum quit Busa in July, citing its fundamentally flawed structure in which the black business voice was suppressed.

She said she had joined Busa in difficult economic times locally and globally, which meant the organisation needed to ask hard questions about the role of business in achieving a job-rich, growing, transformed and inclusive economy, and introducing policy interventions to grow the real economy, among others.

Majokweni said she would like to strive for a future in which business in South Africa could be referred to as “just business“, not black or white business.

However, Busa was “a work in progress to unite the interests of black and white business“.

“It remains necessary to identify ways in which black business can be strengthened to improve their capacity to fully and meaningfully participate in shaping Busa mandates,” she said.