Johannesburg- Prominent South African black businessmen Sandile Zungu and Sipho Pityana on Wednesday decided to smoke the peace pipe and bury the hatchet following two face-to-face meetings after widely publicised differences between them.
Zungu and Pityana are the presidents of the Black Business Council (BBC) and Business Unity South Africa (Busa, respectively.
On the eve of the Black Business Summit last month, Pityana wrote a scathing open letter to Zungu accusing him of having been complicit in State capture. But Zungu did not take the criticism lying down, replying almost immediately and saying that Pityana was divisive and toxic.
In a joint statement on Wednesday, Zungu and Pityana said they have agreed to convene an eight aside leaders meeting on Thursday which they will co-chair.
They said this meeting will, among others, analyse the difficult economic situation the country is facing and discuss the challenges facing business that require a collaborative response by organised business.