JOHANNESBURG - The Black Business Council and Business Unity South Africa say they are both committed to rebuilding public trust by encouraging ethical conduct and leadership in business and society.
They looked at the negative impact of corruption and state capture on the economy. The organisations raised concerns and said these elements may have eroded public trust in both business and the government. “The state of governance in public institutions has taken a form where a lot of confidence was lost between organs of state and the citizens. As business, we think we have a role to play to enhance that confidence,” said BBC president Sandile Zungu.
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Make corrupt companies pay reparations, and use this money to rebuild SAGiven the devastating impact of corruption, state capture and crime - the breakdown of society, the collapse of the economy and countless lives lost - the companies and individuals involved should be held publicly responsible, and the assets acquired through such means seized and used to help the victims, the cause of social justice and civil society organisations
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