Media Releases

BUSA’s RESPONSE TO RATINGS DOWNGRADES ANNOUNCED ON 20th NOVEMBER BY MOODY’S AND FITCH

21 November 2020

BUSA hopes that the latest sovereign ratings downgrades galvanise the country into taking urgent action to get onto the road to address the reasons raised by Moody’s and Fitch for the downgrades. The Moody’s downgrade places SA two notches into junk status, while the Fitch downgrade places the country three notches […]

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21 November 2020


BUSA’s RESPONSE TO RATINGS DOWNGRADES ANNOUNCED ON 20th NOVEMBER BY MOODY’S AND FITCH

19 November 2020


BUSA President Sipho Mila Pityana SMP Tribute to the late Kimi Makwetu

12 November 2020


BUSA statement on the passing of outgoing AG Kimi Makwetu

9 November 2020


The Public Sector Wage Bill document

Busa’s Role

BUSA is committed to building an enabling environment to achieve a vibrant, diverse and globally competitive economy that harnesses the full economic and human potential of South Africa. The objectives of growth, transformation and employment are mutually reinforcing. They are captured in detail in the Business Approach to Black Economic Transformation for Inclusive Growth launched in June 2017.

How Busa works

BUSA structures its work through two policy committees.

All deliberation on policy is considered through the policy committees. This includes new and changing areas of policy and legislation. Both policy committees have a specific focus on transformation and small business. Each of the policy committees has subcommittees:

– Subcommittee on education & training

– Subcommittee on energy

– Subcommittee on tax

– Subcommittee on transport, trade & logistics

– Subcommittee on environment

The BUSA Policy Committees are the engine rooms for BUSA. This is where BUSA:

  • Keeps members updated on latest developments
  • Consolidates the input on various policy development processes
  • Identifies where further work is required
  • Mandates and finalises positions
  • Nominates and coordinates the participation of BUSA member representatives on various structures and processes

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