Business bodies bicker as global summit looms

Amid the storm over the Black Business Council (BBC) expressing concern about Business Unity South Africa (Busa) "unilaterally" taking the role as the official representative of SA's private sector in next year's G20 summit and chair of the Business 20 (B20), experts said yesterday the tension did not augur well.

- Brian Sokutu

Having this month assumed the G20 presidency from Brazil, preparations are underway for South Africa to host the global summit to be attended by 20 heads of state from the richest countries in the world.

Ahead of the G20, Busa is coordinating a B20 Cape Town event to take place in February under the theme "Inclusive Growth and Prosperity through Global Cooperation". It will serve as a platform for business to collaborate and forge partnerships to drive global economic growth.

Comprising business leaders from all G20 nations, B20 has the role of developing recommendations covering trade and advancing infrastructure development to be presented to heads of state.