BBBEE wrong

[Blurock]

London Times - Quote of the week

Interesting point of affirmative action:
"South Africa is the only country in the world where affirmative action is in the favour of the majority who has complete political control. The fact that the political majority require affirmative action to protect them against a 9% minority group is testament to a complete failure on their part to build their own wealth making structures, such that their only solution is to take it from others".

Finally, a word recently coined to describe South Africa's current political situation.

Ineptocracy (in-ep-toc-ra-cy)

- a system of government where the least capable of producing and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Considering Nskandla and all the other shenanigans, such as proposed land grabs, it is now turning into a cleptocracy...

I am so proud of my country, but this saddens me so much, I can cry.

[IanF]

I did a search for the quote and it is in the blogs section link here
Was this ever a mainstream article in the paper?

[Blurock]

Every entrepreneur in this country should be respected and supported for their willingness to risk their own capital (and sometimes those of their families that assist them to get going) and hard work and innovation to build a business. These businesses sustain not only the entrepreneur, but also create jobs, direct and indirect.

Businesses and their employees pay tax to pay for government and infrastructure. They require services and products from accountants, lawyers, stationery suppliers, machine and equipment suppliers, service technicians, IT specialists and a myriad of other suppliers. They use water and electricity and indirectly provide jobs to municipal employees, Escom employees, the very same people who are now on strike and are stoning vehicles and vandalizing buildings.

It is very risky to start your own business, therefore we need the best of the best to go forward and to share their skills with the rest of the population. We cannot afford to employ cadres such as our wonderful government is doing. We can also not just give away 50% of our business to someone who has no interest in the business and has no skill to take it forward.

Don't get me wrong, I would love to have a black partner that can add value to my business, but the bottom line is adding value and being prepared to work hard and put in the same hours that I do. Also to make sacrifices and be prepared to take a cut, or even go without a salary when things are tough. The workers get paid first and the boss stands at the back of the queue. If I look at the fat cats in parliament, I cannot see any one of them being prepared to make any kind of sacrifice for their country. They just want more, without having to work for it.

[wynn]

So what have the new codes brought to the table except chasing small entrepreneurs away?

http://www.timeslive.co.za/thetimes/...harm-than-good

[Slow Blow]

So what have the new codes brought to the table except chasing small entrepreneurs away?

http://www.timeslive.co.za/thetimes/...harm-than-good

We must get with the program the **** are in charge, pay the bribes and crack on chaps, there is fuckall else you can do about it, you did not want to fight for your country in 1994, bitches !!!!!!!!!!!!!

[Brett Nortje]

So what have the new codes brought to the table except chasing small entrepreneurs away?

http://www.timeslive.co.za/thetimes/...harm-than-good

Well, the more people with jobs, the better, no matter what color they are. this can be fixed by creating more jobs through offering packages to people that are bosses, as, they might sign a clause where they pledge to start new companies. this would mean that competent people take their list of connections with them, and spreads good will if nothing else.

[Justloadit]

mmmmmmm interesting, my recently youngest graduated daughter went to an interview yesterday, and was bluntly told in her face, that sorry they can not employ her because she is white, and they have quotas to fill.
All her black classmates have been employed, so please be understanding the fact that I may be a little peeved off at the the BEE implementation and labour equity act.

Fortunately she has been offered another job at a small company, not quite what she wanted, but at least this is a start to get some experience in her field.

Her question to me was, why are they doing this, as she was born in 1993 and was not even brought up under the apartheid regime, after all she is a South African.

[IanF]

Justloadit that is terrible, I hope she makes the most of her job in the small company. My eldest daughter couldn't get a promotion in a telecoms company and was then asked to train the person who did get it.
She has now joined a software company and jets around the world to give sales presentations and training for the telecom software she is going back to Russia next week.
There is a big world out there.

[JanChris]

mmmmmmm interesting, my recently youngest graduated daughter went to an interview yesterday, and was bluntly told in her face, that sorry they can not employ her because she is white, and they have quotas to fill.
All her black classmates have been employed, so please be understanding the fact that I may be a little peeved off at the the BEE implementation and labour equity act.

Fortunately she has been offered another job at a small company, not quite what she wanted, but at least this is a start to get some experience in her field.

Her question to me was, why are they doing this, as she was born in 1993 and was not even brought up under the apartheid regime, after all she is a South African.

This is exactly my point when I was rudely accused (by some who now make bold statements) about what was happening in the workplace.

[Justloadit]

Due to my daughter's age, we tend to speak to quite a few graduates, who currently are struggling to get permanent employment because of the quotas.