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Trialogue Business in Society Conference 2026 urges business to turn values into collective action

The chronic gap between investment and sustainable, long-term development impact proved to be the animating question at Trialogue’s Business in Society Conference 2026. Business, civil society and government leaders gathered at The Wanderers Club, in Johannesburg on 5 and 6 May under the theme Voices. Values. Vision to reflect on the current state of national development and the influence of corporate social investment (CSI).
Trialogue Business in Society Conference 2026 urges business to turn values into collective action

Across two days of keynote addresses, panel discussions and delegate engagement, participants were called on to promote justice and greater inclusion in their social impact work and programmes. Company representatives were urged to amplify diverse voices, including community stakeholders, beneficiaries and young people, in order to build more effective programmes.

Critical discussions emerged challenging prevailing development narratives, the inclusion of the right voices in shaping and delivering development impact, and whether the values driving decision-making are genuinely aligned with the outcomes communities need.

Values are how we lead

National Business Initiative CEO Shameela Soobramoney delivered the opening keynote address, setting the tone for the conference and bringing the theme – ‘Voices. Values. Vision.’ – to life. Speaking to the issue of inadequate inclusion, Soobramoney noted the importance of designing development solutions with the individuals or communities they are intended to serve if impact is to be sustainable.

The tension between intention and implementation was plainly named in the opening keynote address as Soobramoney challenged delegates to reflect on the distinction between preparation and participation as the point where policy intent meets, or fails to meet, implementation needs.

She acknowledged sector progress, such as more sophisticated environmental, social and governance frameworks, greater transparency and a CSI sector that has remained resilient even as global funding cuts have exposed the vulnerability of civil society. However, she was equally direct about the challenges of poverty, inequality, unemployment, slow economic growth and environmental degradation that persist alongside progress. "The challenge isn't commitment," she said, "the challenge is coherence.”

Soobramoney was unambiguous on the importance of considered values as the key to closing the gap, arguing that values are not what organisations performatively publish, but what shows up in trade-offs, when profit conflicts with inclusion or short-term performance conflicts with long-term resilience. “When values lead business follows, because every decision a business makes is an act of world making and future building,” she commented, encompassing what organisations choose to fund, build, lobby for, measure or ignore.

She called on the corporate sector to reframe CSI as a catalyst for economic inclusion rather than temporary relief and to move from fragmented efforts toward aligned, collaborative action that converges around shared strategic priorities. "The opportunity for CSI is collaborative action for systemic change," she said, noting that strategic alignment of funding is critical. "Impact is not failing because of a lack of funding but because of a lack of alignment."

She closed with a call to action for businesses to reflect on their real values by questioning who is in the room when consequential decisions are made, what is being measured or ignored, and what behaviours organisations are rewarding internally. She urged leaders to create deliberate space for systemic thinking, cautioning that without it, neither values nor capital would be deployed to their full effect. "If we cannot create space for thinking," she asked, "how can we become architects of the change?"

The power of dreams – imagining a new plan for South Africa

The closing keynote reinforced these messages with greater urgency. Development Impact Fund CEO Lorenzo Davids was frank in his challenge to delegates that the sector has become too comfortable with the scale of its failure.

He said that funding proposals rarely reflect the reality of South Africa as one of the most unequal countries in the world and called for more ambitious interventions. "We use the data to write funding reports to maintain the system that doesn't change the data," he said.

Davids argued that the sector has become more invested in its own solutions than in solving problems, a dynamic that produces well-branded programmes and modest, measurable outputs while the structural challenges deepen. He called for a fundamental shift in orientation away from institutional self-preservation and toward what he described as "country duty", a commitment to designing collaborative, large-scale responses commensurate with the scale of national need.

Reinforcing conference participants’ increasing recognition of the need for greater inclusivity, he took particular aim at the language of development itself, calling for the word ‘beneficiaries’ to be retired entirely. Citizens, nongovernmental organisations and funders, he argued, are equal partners in the project of rebuilding the country. "We have funding without a national imagination," he said. "We simply want money, but we have no dream of what we're going to do."

His challenge to delegates was to move beyond the incremental and instead to design plans larger than any single organisation, to take their unfixable problems to funders, and to lead with conviction rather than compliance. "Every budget is a belief system in disguise," he said.

“Stop using the severity of need as the basis for funding,” he told delegates. He said “severity of need” wasn’t the issue. “The issue is justice. It is creating a framework of justice in which we work as a country to become respectful, safe, equitable, inclusive and prosperous for all.”

In closing, Davids called on the sector to find the courage to dream at the scale the country demands, to face the chaos, sit with it honestly, and return not with a funding proposal, but with a plan for South Africa.

The conference, sponsored by the FirstRand Foundation, Absa, MTN, Wesgro, Telkom, the Vodacom Foundation, Wesgro and Volkswagen South Africa, featured six content-rich plenary sessions:

  • Mobilising leadership, employees and partners around a common purpose, presented with the FirstRand Foundation
  • Building futures: Pathways to economic activity, presented with Absa
  • Education, investment and the case for catalytic capital, presented with Edu Invest powered by Wesgro
  • Supporting the ecosystem, not just the programme, presented with MTN
  • Building foundations: Why ECD infrastructure matters, presented with the Development Bank of Southern Africa
  • Partnerships that turn digital access into meaningful inclusion, presented with the Vodacom Foundation.

Volkswagen Group Africa returned as the notebook sponsor, while Standard Bank was this year’s nonprofit sponsor.

21 May 2026 16:53

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