Business Leadership SA (BLSA) on Wednesday welcomed the announcement by President Jacob Zuma of the establishment of the Judicial Commission of Inquiry into State Capture, to be chaired by the Deputy Chief Justice Raymond Zondo.

Zuma made the announcement on Tuesday night, but the full terms of reference were yet to be made public..

BLSA CEO Bonang Mohale said: “We are emboldened by the fact that, at last, the much-awaited inquiry has been appointed to get to the root cause of the scourge of state capture which has diverted into private hands billions of taxpayers’ funds. 

“We also applaud the Chief Justice, Mogoeng Mogoeng, for speedily discharging the responsibility of providing a single name of deputy chief justice to the president – as directed both by the public protector and most recently, the North Gauteng High Court.”

“Business also can and must do better, and we will. But it is primarily the responsibility of Government to tackle both corruption and state capture by instituting the independent judicial commission of inquiry, so that we can instead focus together on the vital tasks of transformation, job creation and inclusive economic growth that South Africans so desperately need,” said Mohale.

– African News Agency