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
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
Got R50? No? Got R5? Personal finance expert Warren Ingram on how to buy shares with tiny amounts of money.
A simple savings plan for people who don’t like to budget. Bruce Whitfield interviews personal finance guru Warren Ingram.
The South African billionaire has responded to reports placing him at the centre of an alleged tax evasion scheme.
He's been implicated in an elaborate tax-dodging scheme, says amaBhungane’s Craig McKune.
The Money Show’s Bruce Whitfield interviews Mohale Ralebitso, CEO of the Black Business Council.
‘It took approximately 4 – 5 months because I had to make some stops on the way for repairs.' - Julia Albu, the African Conquest
Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)
Journalists Sikhonathi Mantshantsha and Kyle Cowan discuss just how the Guptas and their associates helped capture Eskom.
Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".
Join Joburgers from all walks of life come together peacefully, united in their diversity for a fun family day out.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?