TO: PRINT AND ELECTRONIC MEDIA HOUSES
FROM: SANDILE ZUNGU
DATE: 30 May 2019
The Black Business Council (BBC) commends president Cyril Ramaphosa on being able to balance
between continuity and change when appointing and constituting the 6th cabinet of the democratic
South Africa. This cabinet, in our view, is reflective of the consultative nature in which
President Ramaphosa operates. The continuity and change is reflected in the retention of the
Minister of Finance, Tito Mboweni with an injection of a youthful Dr David Masondo as the Deputy
Minister. This can only be a respectable equilibrium that will inspire business confidence. The
BBC is also pleased with the retention of the Ministry of Small Business Development.
“We applaud President Ramaphosa for ensuring that 50% of the cabinet is made up of women. This bodes well for the empowerment of women, who in the main, remain marginalised in society and corporate South Africa” says Sandile Zungu, BBC President.
The reduction of Ministers from 36 to 28 reflects the seriousness in which President Ramaphosa takes the call for cost containment in government. The mix of youth and experience indicates that time for talk is over and it is now time for implementation - All Hands on Deck.
“The BBC will work with all Ministers in general and the Economic Cluster Ministers in particular as we labour towards finding solutions to our challenges of a slow growing economy in order to spearhead economic recovery and renewal by focusing on Small, Medium & Micro Enterprise Businesses (SMMEs) development as the cornerstone of job creation. The BBC is confident that this team will also focus on ensuring that the era is free from state capture and corruption”. Added Zungu
“The BBC has continuously made itself available to become part of the solution as we join business, government, labour and community in rebuilding the country to address the triple challenges of poverty, unemployment and inequality and” concluded Zungu.
About the Black Business Council
The Black Business Council (BBC) is the over-arching confederation that represents black professional, business associations and chambers. The primary purpose of the BBC is to lobby government on policy related matters and to play an advocacy role where policies are in place in order to accelerate the participation of black business in the mainstream economy.