Coalition of South African Businessman Commit to Getting Their Country ‘Back On Track’

Telkom president Jabu Mabuza

Thirty leading South African business executives have warned that “our country is in danger of unravelling”. They’ve committed to doing their bit to put South Africa “back on track”.

The chairpersons and chief executives of AngloGold Ashanti, Old Mutual, FirstRand, Nedbank and Merrill Lynch, among other companies, have invited South Africans to join them in creating “a South Africa we can all be proud of”.

The group has taken out a newspaper advertisement in which they commit to supporting the National Development Plan so it can achieve its goals of tripling the size of the economy, lower the unemployment rate, and tackle poverty and inequality.

If these issues are not tackled, they warn in the advert, “our country is in danger of unravelling”.

The mining sector is represented by Mark Cutifani of AngloGold Ashanti and Norman Mbazima of Kumba Iron Ore, while telecommunications is led by Telkom chairperson Jabu Mabuza and Vodacom’s Peter Moyo.

Tiger Brands’ chief executive, Peter Matlare, is also throwing his weight behind this effort.

FirstRand chairperson Sizwe Nxasana also signed up, together with Old Mutual chief executive Ralph Mupita.

Read more: City Press


Back to top