IDC chair Busi Mabuza to head up the new BRICS Business Council


The new SA BRICS Business Council has appointed five members to replace previous council.

Minister of Trade and Industry Rob Davies has announced the appointment of five members to the new South Africa BRICS Business Council who will be replacing the previous council. 

The council is made up of five members with extensive business experience, both locally and internationally. IDC chair Busi Mabuza, Discovery’s Ayanda Ntsaluba, Mmakau Mining’s Bridgette Radebe, Aspen Pharmacare’s Stavros Nicolau and Afika Group’s Elias Monage will be making up the new council.  

Busi will be replacing Iqbal Survé of Sekunjalo as the head of the SA council. 

This follows the minister’s request that members of the new Council be nominated from structures within the two apex business associations, the Black Business Council and Business Unity South Africa.

“It is imperative that the SA BRICS Business Council is located within the ambit of organised business in South Africa and is appropriately representative and accessible to all business,” said Davies.

Busi has committed to advancing South African business interests, and to supporting SMME participation and new business. 

She said: 

“We look forward to assisting in ensuring that the working groups are representative and inclusive of business organisations as well relevant business entities and that they actively articulate business, sectors and organisational interests in the interest of furthering trade and investment objectives of the nation. We believe that this is pivotal to the success of the BRICS Business Council’s mandate.”

She said that one of the key focus areas in the short-term would be to ensure that the nine working group programmes and activities (agribusiness, the digital economy, financial services, energy, and green economy among others) were strategically aligned and relevant to support the advancement of business interests. 

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