Businesses can buy a seat at the president’s table for about R95,000

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Businesses can buy a seat at the president’s table for about R95,000
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The presidential gala dinner is a way to encourage contact between the government, the ANC and business, says the party

Those wishing to sit next to President Cyril Ramaphosa at the ANC’s presidential gala dinner will have to fork out between R95,000 and R200,000.organised the December 15 event at Nasrec in Johannesburg ahead of the party’s national elective conference.According to ANC treasurer-general Paul Mashatile, the PBF is “mandated to promote and enhance liaison between the government, the ANC and business”.

Mashatile said the PBF is the “locus of the social compact with business”, rooted in the commitment of the ANC to uphold the covenant made by the late former president Nelson Mandela. He also cited Ramaphosa’s February 2020 state of the nation address, when the president said: “Let us frankly admit that the government cannot solve our economic challenges alone.”

“With these words, the president invites business to partner with the ANC government, united to confront the realities of the present day SA and to resolve them by ‘placing the economy on a path of inclusive growth’,” said Mashatile.“I encourage all entrepreneurs, business representatives and people of SA to become part of the social compact with business, to resolve the challenges of our country together and to ensure that we harness our greatest strengths for the future we can achieve.

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