“Is it a bad thing that 40% of our JSE is owned by foreigners? Does the fact that the JSE is 23%
black owned mean anything to the black man in the street? Is this really a success factor for
the government’s transformation agenda? How do the world’s top economies get all of their
citizens to feel invested in their country’s economy, and how can South Africa achieve the
same?”

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Colin Coleman, Goldman Sachs partner, managing director, and head of the South Africa office, discusses miners and the rand selloff with Bloomberg’s Guy Johnson on “Bloomberg Markets” on June 16. (Source: Bloomberg)

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CNBC Africa carries a reprint of BLSA’s media release with the headline: “BLSA appoints Bonang Mohale as CEO”

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Buzz South Africa published an article asserting that Bonang Mohale’s focus will be “to re-assert business as the solution as well as help combat state capture.”

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The Huffington Post carries an article drawing a direct quote from Mr Mohale with a link to a video noting Mr Mohale’s business experience and describing him as the “most powerful business figure in SA” because of the influence and reach of BLSA as a business organisation.

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Mr Mohale was interviewed on BLSA’s meeting with the Finance Minister Malusi Gigaba by Andile Khumalo on Power FM. Mr Mohale asserted that BLSA’s is encouraged by Minister Gigaba’s words. In the interview he reiterated BLSA’s stance that trust between government and business has been broken and reaffirmed the need for an independent commission into state capture.

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In a radio interview with CapeTalk’s Kieno Kammies, Mr Mohale, notes that BLSA “has three reasons for existing.” Driving inclusive economic growth, protecting and strengthening key intuitions including the Constitution and the Office of the Public Protector and positioning business as a national asset.

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An EWN article focusses on Mr Mohale’s statements during a Radio 702 interview, saying: “We really want to stand for the protection of our constitution, including all the Chapter 9 institutions, but in particular the office of the Public Protector because we know that’s the one that was under the most severe attacks.”

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An article on Engineering News draws from the BLSA media statement, noting that Mr Mohale, is the current Deputy Chairman of BLSA and will replace Thero Setiloane, whose term expired in December 2016.

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BLSA Deputy Chairman, Bonang Mohale, expressed his disappointment at the ANC National Executive Committee’s (NEC) decision that the scope of a proposed judicial commission of inquiry be broadened and reiterated the key messages from the media release on Radio 702’s The Midday Report with Stephen Grootes

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An Engineering News article notes that that BLSA published a media statement reiterating its call for an independent judicial commission of inquiry into state capture.

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BLSA Chairman Jabu Mabuza was interviewed following the release of BLSA’s statement on the reinstatement of Brian Molefe as Eskom CEO.

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The article cites BLSA chairman Jabu Mabuza’s speech at the meeting and draws direct quotes.

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Professor Chris Malikane’s recent article, ‘Our chance to complete the revolution’ is an insult to our intelligence, disrespects our achievements, and threatens our plans for the future.

So it’s a relief that the Minister of Finance has made it clear that this article doesn’t represent ANC or government policy. But that’s not the end of the matter. South Africa can’t afford to let Professor Malikane’s personal ideas gain popularity or become government policy: the Professor doesn’t speak for us. He wants to lead us to disaster.

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Business Leadership South Africa’s Bonang Mohale was recently interviewed on Power FM regarding advertisements published in a number of newspapers beseeching the ANC and its alliance partners to “exercise their conscience” to stop state capture.

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Business Leadership South Africa was recently interviewed on radio 702 in a discussion about land restitution.

“In an opinion piece published by the Sunday Times, Finance Minister Malusi Gigaba’s new economic advisor Professor Chris Malikane proposes a new economic plan that includes the “expropriation of white monopoly capital establishments such as banks, insurance companies, mines and other monopoly industries to industrialise the economy”.

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“Business Leadership South Africa has urged elected leaders to stop state capture and also labelled president Jacob Zuma’s cabinet reshuffle as irrational and inexplicable.”

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In an article on Eyewitness News, BLSA’s Nicky Newton-King, CEO of the Johannesburg Stock Exchange, talked about the devastating effect of South Africa’s credit rating downgrade.

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Business Leadership South Africa’s Stephen Koseff, CEO of Investec, was featured in an interview Power FM regarding the ratings downgrade of South Africa.

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Deputy Chairperson of Business Leadership SA Bonang Mohale was interviewed on Power FM about South Africa’s Finance Minister reshuffle.

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