The Black Business Council (BBC) will be hosting a two-day Black Business Summit from 28 February to 01 March 2019 aptly titled Economic Transformation within the context of the 4th Industrial Revolution – A Catalyst for Inclusive Growth in the South African Economy.
President Cyril Ramaphosa and the Minister of Postal and Telecommunications Stella Ndabeni-Abrahams will be delivering the keynote addresses at the two-day Black Business Summit which will take place at the Eskom Academy of Learning in Midrand.
The 4th Industrial Revolution (4IR) has dominated the public discourse in recent months, raising vigorous debate about what it is and South Africa’s readiness to embrace it. The advancement of the 4IR has increased curiosity on the subjects of inclusive growth, transformation and job creation. The purpose of the Summit is to consolidate a concept document that will steer the mandate and vision of the Black Business Council through the advocacy of economic transformation.
In his recent State of The Nation Address, the President of our country, Cyril Ramaphosa, made emphasis on the necessity of partnership between business, civil society and communities with the purpose to removing the constraints that hinder inclusive growth and to pursue far greater levels of investment. “As the BBC we fully resonate with this sentiment and are committed to both engaging and participating with the government to accelerate the participation of black business through various collaborative avenues. Consequently, the Summit sets the tone for such a collaboration”, says BBC President, Sandile Zungu.
The Summit will take the form of various plenary sessions featuring Captains of Industry, Academics, Professionals, Economists and Thought Leaders, who will engage to share their expert knowledge on various predetermined topics that will steer conversation on the state of the economy.
“The involvement of President Ramaphosa and the Ministry of Communications and Telecommunications shows the governments’ commitment to black empowerment, transformation, the 4th Industrial Revolution and job creation in our country. We urge black business to attend and engage as it is platforms such as these, that steer collaboration and transformation to heights never imagined”, added Zungu.