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Why South African business must stop regurgitating CSI models and start funding the future

The world has changed, and the stakes are higher. Creativity is no longer a "nice to have" - it is a strategic asset. The global economy is now shaped by cultural capital, innovation, and perception. If business leaders continue to rely on symbolic CSI events, South Africa will fall further behind.
This is not a critique - it is a call to action.
We have the opportunity to build something different. Something better. Equity-based partnerships where artists retain IP. Long-term investment models that allow for growth. Innovation labs where brands and creatives build together. Real funding for infrastructure, not just events.
And this is where Basa comes in. As a partnership catalyst, we bridge the gap between business, government, and the arts. Through the Ampersand Strategy, our Supporting Grants, and bespoke initiatives, we’re co-creating scalable, future-facing platforms that reflect today’s realities.
To those already leading this shift - we see you, and we thank you. You are laying the foundation for a new kind of economy. To those still regurgitating old templates: this is your invitation to evolve.
The arts are not ornamental. They are not symbolic. They are foundational. Cultural production drives employment, reputation, identity, and influence. It is not a branding afterthought - it is a strategic engine.
Let us stop decorating our strategies with culture - and start building strategy through culture. The future demands nothing less.
About Unathi Malunga
Unathi Malunga is a board member at Business and Arts South Africa.- Basa board nominations now open05 Aug 11:22
- Breaking barriers: How these Pitch Den winners are redefining South Africa’s creative economy25 Jul 13:57
- Why South African business must stop regurgitating CSI models and start funding the future18 Jul 12:50
- Business and Arts South Africa appoints Beth Arendse as new CEO24 Jun 09:43
- Basa at RMB Latitudes Art Fair 2025: Putting South Africa’s creative sector on the global map14 May 12:39
