I stopped listening to 702 because of YouseewhatadoosIam McHysbak. I don't think 702 misses me but I do wish they'd fire this idiot (I'm not using very fiery language on purpose). I was sent this article which contains an interview with our minister of tourism. At about 7:18 she talks about an application for exemption […]
The tourism minister and section 10 and being forced to listen to a 702 newsclip Read More »
Until now, economic inequality has been dealt with at the highest level through Black Economic Empowerment equity participation and at the lowest by microlending. Neither is a sustainable model. You can’t borrow money at a 10% interest rate to buy shares with a 3% dividend yield unless you’re in a sustained bull market. via www.bdlive.co.za
Could Abil’s failure be the beginning of the new era of economic empowerment? Read More »
Neren Rau, the CEO of the South African Chamber of Commerce and Industry, says empowerment was not supposed to have been legislated beyond the voluntary codes of good practice, but this has rapidly gained momentum to the point where it is now. He also says foreign investors do not have to abide by the regulations,
Lots of laws and no desire to enforce them – why do we bother? BEE Act content Read More »
Most of us know that if you want to get anything done by the government you either have to bribe or litigate. Now the former is largely undesirable so the latter is unfortunately the method of choice with us law-abiding citizens. I would have thought that litigation would have very serious negative connotations, but an
Litigating for results Read More »
My last dashboard post mentioned that I will try to cuss less on the blog. However I did get two comments suggesting that it is not as offensive as I may have thought. Thanks for your comments – I do agree with Richard that it is more of a cry of passion than gratuitous swearing
Public Private Partnerships are without doubt the most effective tool that the government has to achieve its Black Economic Empowerment (BEE), RDP and other empowerment related goals. Yet this method of procurement is not making the most of these opportunities. The problem seems to be that the transaction advisors that are used in the early
A while ago I was doing a presentation to the American Chamber of Commerce on Equity Equivalents. One of the delegates was an apparel manufacturer who asked my why his company should consider the programme I was proposing. I was a little surprised that such a company would even consider equity equivalents as an option.
Caird Code Rule #1 – Is BEE applicable to you Read More »
