The Black Business Council (BBC) voiced its alarm at the Quarterly Labour Force Survey, released on Monday.
They implored both the private sector and Government to work aggressively in partnership to ensure that much needed - and now increasingly urgent - transformation objectives are effectively achieved.
This is vital, it said, to create an environment conducive for job creation and skills development, through measures that stimulate and sustain industrialisation and increased economic growth.
The Money Show’s Bruce Whitfield interviewed Mohale Ralebitso, CEO of Black Business Council.
Scroll down for quotes from the audio below.
We’ve got some solutions, I’d like to think.— Mohale Ralebitso, Black Business Council CEO
Germany is a good model for us.— Mohale Ralebitso, Black Business Council CEO
We need to start running experiments.— Mohale Ralebitso, Black Business Council CEO
We’re missing the participation of large South African companies.— Mohale Ralebitso, Black Business Council CEO
We cannot operate in an environment where unemployment is increasing.— Mohale Ralebitso, Black Business Council CEO
In my fantasy world we have our first citizens voluntarily signing up for a wealth tax.— Mohale Ralebitso, Black Business Council CEO
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