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
Ray White (on The Money Show) interviews Standard Bank Incubator Jayshree Naidoo.
All is not well with the economy. We live in crazy times. Here’s how to protect your investments and finances…
The history of General Electric is the history of electric lighting and after 125 years they may be selling it.
Somali pirates are back, attacking commercial ships once more, says African Business News correspondent Leslie "Lee" Kasumba.
Renting? Letting? Bruce Whitfield checks out an amazing new platform that connects tenants with property managers.
The Money Show’s Bruce Whitfield interviews Mohale Ralebitso, CEO of the Black Business Council.
The term coined on social media gets it's inspiration from Gwede Mantashe flip-flopping on his criticism of the ANC.
How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
National Student Financial Aid Scheme says it will reopen 2017 loan applications after receiving requests for deadline extension.
This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.
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?