Results 1 to 3 of 3

Thread: The Government knows but do nothing?

  1. #1
    Diamond Member wynn's Avatar
    Join Date
    Oct 2006
    Location
    east london
    Posts
    3,338
    Thanks
    548
    Thanked 624 Times in 523 Posts

    The Government knows but do nothing?

    Excuse my butchering of the article in Business Day but I felt the emphasis in the original text was assaboutface and I have highlighted the 'elephant in the room' that Government is ignoring when it comes to 'Creating Jobs'
    Cheap accounting? or are they just going to use SMME's as guinea pigs


    "Economic Development Minister Ebrahim Patel said at the launch of the initiative this week that the country needed to work together to create 5-million new jobs in the next eight years."

    "He said 61% of people employed in the formal sector were employed in SMEs by entrepreneurs, who played a vital role in creating jobs. The government realised that to transform the economy, it was necessary to adopt a "pro-employment" approach."

    "THE government has made available R6m for the training of unemployed accounting graduates in an initiative launched with the help of the accounting industry to provide back-office support to small and medium-sized enterprises (SMEs)."

    I am left breathless when they say things like "R6m initiative to train unemployed graduates" and further down they say "After undergoing training, students should be able to submit value-added tax and other tax returns, and compile basic financial statements."
    Spare me but wouldn't you think that a recently graduated student would not need training in how to fill in VAT and Income Tax forms or to compile a basic financial statement???? 'puhleeeeze' are these unemployed graduates or idiots they are talking about??
    "Nobody who has succeeded has not failed along the way"
    Arianna Huffington

    Read the first 10% of my books "Didymus" and "The BEAST of BIKO BRIDGE" for free
    You can also read and download 100% free my short stories "A Real Surprise" and "Pieces of Eight" at
    http://www.smashwords.com/books/view/332256

  2. #2
    Diamond Member wynn's Avatar
    Join Date
    Oct 2006
    Location
    east london
    Posts
    3,338
    Thanks
    548
    Thanked 624 Times in 523 Posts
    Further to the article.
    If 61% of employees work in the SMME field, imagine what the % would be if they relaxed the employment rules vis a viz the hiring and firing of employees who don't shape up or who are a useless fit and the casual employees when needed.
    "Nobody who has succeeded has not failed along the way"
    Arianna Huffington

    Read the first 10% of my books "Didymus" and "The BEAST of BIKO BRIDGE" for free
    You can also read and download 100% free my short stories "A Real Surprise" and "Pieces of Eight" at
    http://www.smashwords.com/books/view/332256

  3. #3
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,979
    Thanks
    3,055
    Thanked 2,462 Times in 2,067 Posts
    Blog Entries
    12
    So that's what is holding back SMME employment development and growth - they don't know how to fill out tax returns!

    Government doesn't have a clue, does it.

    No surprise given they way they manage S.A Gov (un)Ltd's finances.
    The trouble with opportunity is it normally comes dressed up as work.

Similar Threads

  1. Government
    By Nickolai Naydenov in forum General Chat Forum
    Replies: 4
    Last Post: 09-May-12, 06:34 PM
  2. Why Can Our Government Not Do The Same?
    By BBBEE_CompSpec in forum General Chat Forum
    Replies: 5
    Last Post: 20-Dec-09, 11:03 PM
  3. The cost of government
    By Dave A in forum Business Finance Forum
    Replies: 24
    Last Post: 09-Sep-09, 11:39 AM
  4. [Article] Having the Government as your client
    By QUINN in forum General Business Forum
    Replies: 1
    Last Post: 12-Jun-09, 08:40 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •