“Thus shall we live, because we will have created a society which recognizes that all people are born equal, with each entitled in equal measure to life, liberty, prosperity, human rights and good governance.” (Nelson Mandela)

Our country has celebrated the Human Rights Month, as part of observing the Human Rights Day. The history of Human Rights Day is linked indelibly to the Sharpeville Massacre that took place on 21 March 1960, where 69 people were shot and killed in a peaceful protest march against the Pass Laws. It is a powerful day in the political calendar of our country’s history.

The commemoration of Human Rights month coincides with the bringing into operation of the Constitution of South Africa by President Mandela, 25 years ago, reaffirming our commitment of building the democratic society.  

As one of the most progressive constitutions in the world, our Constitution is the guarantor of our basic rights such as right to life, right to dignity and right to privacy amongst others as enshrined in the Bill of Rights .

This newsletter sees a range of topics of interest to our subscribers, including –tax matters for small business; boosting your small business with GIG workers; avoiding mistakes made by entrepreneurs to name a few. We trust you will enjoy reading them.

Notable things have already taken place in March including, among others:

  • The Statistics SA has announced the latest quarter 4 (Q4) unemployment stats, the rate of unemployment has risen to 35.3%, the expanded jobless rate, which includes discouraged workers, rose to 46.2%;
  • The successful hosting of the 4th South African Investment Conference, the conference was showcasing the many investment opportunities and comparative advantages that South Africa offers to investors;
  • The SA real gross domestic product (GDP) grew by 1,2 percent in the fourth quarter taking the annual growth rate for 2021 to 4,9 percent;
  • National Treasury announced the official launch to be made on 1 April this year, of a Top Up Retail Savings Bond opportunity, allowing younger investors to invest in the RSA bond product and to start saving. More information can be obtained through emailing
  • President Ramaphosa appointed the Deputy Chief Justice, Raymond Zondo as Chief Justice of South Africa apex court;
  • South Africa and the Republic of Mozambique, has strengthened their bilateral agreements to promote trade and investment;
  • The South African National Aids Council (SANC) has appointed Mr. Bonolo Ramokhele as a new Chairperson;


PBF Engagements:

The PBF had an engagement with the University of South Africa School of Business and Leadership (SBL) and Unisa Enterprise (UE) to explore partnership between the two organisations on skills development and training for our subscribers.

The PBF in partnership with the Embassy of Turkey in South Africa, hosted a Business Breakfast event with Her Excellency, Ambassador Aysegul Kandas, the event was held at the Embassy Residence in Pretoria. This event forms part of the ongoing PBF programme of engagements with various foreign Missions based in South Africa, to explore and promote enhanced business opportunities between subscribers and the businesses of those represented countries. 

There were several engagements between PBF and Financial Development Institutions (FDI’s) to discuss the working relationship. The focus of the discussions was access to funding and non-financial support for business in particular the PBF subscribers. 

PBF held several engagements with Representatives of Missions in South Africa, designed to explore the potential for further future engagements.  We will keep subscribers informed as these events and other events take shape and come to fruition.

Looking ahead:

There is no question that there are very busy months ahead.  Planning for engagements need to take into account major events, including the National General Council and the National Conference.

The PBF will be prioritizing and hosting ongoing events focusing on :

  • Access to funding;
  • ANC Policy Discussion Documents;
  • Trade Missions;
  • Match making jointly with missions

We will continue creating a platform for engagement between business and leaders of the ANC and government as per our mandate.

We are looking forward to your ongoing active participation in programmes of the PBF.

Sipho Mbele



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