The African United Business Confederation is a business federation was established in 2018, immediately after the new President of the Republic of S.Africa was elected, with the aim to support the (Thuma Mina principle) and with the intention of reconstruction and recovery of the African economy.
AUBC’s Co-Founder & first President is Mr George Sebulela, the former Chairman & Secretary General of the Black Business Confederation(BBC), President of African Entrepreneurs Confederation (AEC), President of Oil & Gas Business Confederation (AOGBC).
Mr Rasethaba, also Co-Founder, former Chairman of the Black Business Council, Chairman of the African Entrepreneurs Council (AEC) & a former political activist will use his experience gained through work on the streamlining of production sites to streamline government administrative reform. It is therefore important that AUBC’s contributions to administrative and financial reforms be recognized by the African people.
The African United Business Confederation (AUBC) has now geared itself to contribute to the development of the African and global economies by maintaining and stimulating a liberal economic model and taking on internal and external challenges that the business community faced, such as trade liberalization, promotion of free competition, measures for addressing energy and environmental issues, promotion of private sector economic diplomacy, wage negotiations, and establishment of stable labor-management relations.
Mr Sebulela, in his leadership activities in various business platforms, has always emphasized that the business community must take the high road of liberalization, and help achieve capital liberalization.
Amid the trend toward declining job employment, particularly among the youth as well as diversification in the mentality and values of the African people, the reform of the social security system, employment and labour issues, and educational reforms are becoming policy issues with increased significance for corporate management. The African United Business Confederation (AUBC) has to play a meaningful role in NEDLAC & Cabinet Lekgotla to ensure the capacity and implementation of progressive Economic reforms.
Since there are many African companies that engage in business activities on a global scale, The African United Business Confederation (AUBC)’s activities will also expand from within Africa to the world stage – Globalisation.