Entrepreneurship and Unemployment why is it on a downward slope?

[tec0]

The truth is, if you want to get ahead in life you need papers that doesn’t mean a damn thing. Fact qualified employees was responsible for the 2.5 billion rand oops at Duvha, a few years later same scenario only this time it will cost us 3.2 billion rand to fix. Would the same mistakes have happened if they had on job training and certification? We will never know.

But let’s point back to the mismanagement of trade. Fact, that there are two very large companies operating in our aria and there wilders and mechanics never had formal training and or certification. When those workers applied for it they were turned down and the boss’s family member got the training. The Basic truth is, the more skilled an unqualified person is the better for the company because he/she pays them half “if not less” for the same work that a skilled person can provide.

Eskom, is running around making sure that majority only applications are accepted “Fact” as shown by Carte Blanche “a document leaked out stating that no minority will be employed by Eskom” already this shows the ill found attitude nurtured by Eskom.

R***k Engineering is a bit more lenient but in the end the alcoholics are calling the shots there, so again mismanaged opportunities as you must please the drunk first before you get a chance at getting your trade. This rings true for C******s and H******d as they too have individuals that helps only particular individuals for particular reasons. A***o has the same recruitment system.

The rest of us can sink. So go to the pub and get enlisted but if you do the things the right way you will never see that trade.

[Dave A]

I think tec0 makes a strong point here:

But let’s point back to the mismanagement of trade. Fact, that there are two very large companies operating in our aria and there wilders and mechanics never had formal training and or certification. When those workers applied for it they were turned down and the boss’s family member got the training. The Basic truth is, the more skilled an unqualified person is the better for the company because he/she pays them half “if not less” for the same work that a skilled person can provide.

And it's not just a few big companies - I suspect failing to put people who are actually already doing the job through certified training in order to keep payroll costs down is pretty wide spread.

[tec0]

I personally know two very gifted welders and when I say gifted I mean truly gifted as they can work on almost any surface “including aluminium” the one is much like me not very good with the math thing. The other will pass if given a chance but the company has no intention in sending him.

And let me state that this isn’t a little company…

[Pap_sak]

From the retail side, opening a shop here is much, much easier than opening a shop in the UK - which to be honest, could be called hostile in the extreme. In fact, as long as you have a little cash on your side, opening a shop here is incredibly easy, especially if you do it as a sole prop. As for cars, would never take my car to an authorized dealer...I do believe in cheap cheerful cars AND cheap cheerful mechanics though! Technolgy for me is great! As an example, last week a mine in Zim sent an order to there procurement office in JHB. I (in the Western Cape) give them a price and get the items made in Durban, which once made will be sent direct to JHB. All done and paid for without a single phone call.

Lekker!

[SententiaSolutions]

Interesting thread.....I emigrated to the US in 2005 and relocated back to S.A. in 2009. There are startling social and economic disparities between the 2 continents that requires further discussion.

The anatomy of the US economy is modeled upon a single premise. Free trade....Yes....Free trade. The founder of economics Adam Smith proved and theorized that buyers and sellers in the marketplace would gravitate towards equilibrium (measured in currency). Without any external impediments, such as Governments, the "invisible hand" would work to attain equilibrium in the market place, ultimately setting a price that would benefit both the buyer and seller. Bureaucracy in S.A. is an impediment for consumption (think about legislatures on customs, excise, Vat etc...). Purchased from the US, A 46" Samsung 3D LED TV would leave you with an out of pocket expense totaling approximately $1,500; the equivalency in rands would be R10,500 (at an exchange rate of R7.00). The retail price for this electronic wizardry in S.A. is a whopping R30,000. An increment in excess of 185%. This price incorporates custom charges averaged at 20%, excise tax in the range of 5-10%, Vat of 14% and mark-up by the retailer. Impediment, no doubt (See Headlines...3D TV's produce NO sales). Please note that I am not advocating that these taxes produce no benefits, after all the proceeds are “meant” to subsidize the disadvantaged population. Due to the intensity of malfeasance, bribery and corruption in S.A., unfortunately most of these proceeds never reach the intended recipients. "New News is Old News".

Corporate governance is arduous and administratively burdensome. I mean it takes an average of 2 weeks for Companies to be registered (FYI - As of May 1, 2011, Close Corps no longer will be registered). In the US, companies are registered in no less than a day. By liquidating control (through the absence of government regulation) there is a generation of 1) proliferated and stupendous intellect and 2) improved GDP (a metric for determining a country's performance). The Bill Gates’, Zuckerberg’s, and Warren Buffet’s are the production of open source free-trade. By legislating ever more suffocating rules, the would be entrepreneur is precluded from engaging in efficiencies of trade. For the insidious few the many have to suffer. A pervasive impact trickles to the economy as the would-be entrepreneur forfeits his/her dream never understanding his/her potential and never having the opportunity to produce more human capital (employment). Fortunately though there are no would-be entrepreneurs, right?

[Chatmaster]

I mean it takes an average of 2 weeks for Companies to be registered (FYI - As of May 1, 2011, Close Corps no longer will be registered). In the US, companies are registered in no less than a day.

Just fyi, to register a company now takes around 6 months. Speaking from personal experience...

[SententiaSolutions]

Thanks for the reply. Truly this only exacerbates the situation. Ridiculous, I know.

[wynn]

In the past when I opened my first business, it felt like there was a never ending line of government departments standing with their hands out wanting their share.
Trading Licence;
Municipal Permission;
Fire Dept;
Health dept;
Local District Municipality;
Labour dept;
Reciever;
Post Office, for PO box and Phone;
GST;
And on and on not to mention the banks etc.

Seems like we are heading back that way!

[Dave A]

It's much the same line nowadays - just bigger delays

[Frankincense]

If we are to take the topical act of controlled depopulation seriously, we are left to understand it is indeed an occurence through economic manipulatory regulating accompanied by much bad meditation.