Message from CYBERTOLLIE in Willem Petzer Live Chat #general

2018-08-04 14:14:23 UTC  

first BEE applied to large (public) companies and they had to have a timeline for implementation, it is increasingly targeting smaller (private) companies and creating all kinds of onerous business conditions

2018-08-04 14:15:12 UTC  

MultiChoice's complaint against Netflix isn't entirely without merit, they are being handicapped by south african red tape

2018-08-04 14:16:46 UTC  

best that naspers can hope for are smart bets from smart executives, because their workforce isn't a meritocracy. the market values their south african operations at less than zero(at least it was)

2018-08-04 14:18:33 UTC  

classic scenario, business owner in the 90s sells equity at a favourable rate to BEE partners(like Cyril) then those partners might eventually sell their shares, now the same company is still under obligation to meet employment equity quotas

2018-08-04 14:19:23 UTC  

I can tell you a story about BEE from personal experience: The company I currently work for, used to deliver excellent quality. We used to employ mainly Europeans (Germans to be exact), and a lesser percentage of South Africans (almost no blacks). About 4 years ago, the company has changed their employment policy to accommodate BEE. We now almost have no Germans working there anymore. About 95% of our workforce are South African and Zimbabwean, of which the majority is black. Since the end of last year, the company is in serious danger of closing, because of not being able to meet SLAs with customers, and consistently bad quality.

2018-08-04 14:19:43 UTC  

My dad worked for eskom,they pushed BEE like no other company. My dad said there were so many incompetent people that other people had to do the work of the newly appointed black workers,many of them youngster that were pushed into roles they couldn't handle. My dad took his retirement 10 years earlier from eskom at age 50,built a house by the beach and started his own company.

2018-08-04 14:21:00 UTC  

lol well why do you think we have so many powercuts

2018-08-04 14:21:02 UTC  

From my side, I'm not white but I don't work for south african IT companies because they can't compete with global ones(again, partially due to onerous compliance and anti competitive quota BS)

2018-08-04 14:22:28 UTC  

My dad also got pushed out of Eskom

2018-08-04 14:22:30 UTC  

Remember the big telkom lay off about 5 years ago. Many of them men aged 40-60. It was to make way for new young BEE candidates. My friends dad was one of them,guess what happened.Telkom contracted him to do work for them because the new people struggled lol Now he is coining it big time.

2018-08-04 14:23:10 UTC  

he said they had engineers sitting around in offices doing nothing but collecting lekker pay checks

2018-08-04 14:23:39 UTC  

ja, our public sector overpays for services and labour

2018-08-04 14:23:58 UTC  

Like that sars official. Paid 2.5 million per year to sit and read newspapers and getting 35% bonus on top of that.

2018-08-04 14:24:00 UTC  

even now there's like 30k excess people in Eskom that need to get weeded out according to Ted Blom

2018-08-04 14:24:52 UTC  
2018-08-04 14:25:40 UTC  

this is pretty much the whole of South Africa

2018-08-04 14:25:42 UTC  

Well... With BEE, they are really provoking war, aren't they?

Think of all the smart White guys who will be unemployed and will be left with no choice than take up arms against the likes of Ramaphosa & Malema. Do they really think they can win?

2018-08-04 14:25:43 UTC  


2018-08-04 14:26:13 UTC  

they just fucken demons sitting there keeping shit fucked up

2018-08-04 14:26:22 UTC  

that bitch needs to be grabbed by the collar and kicked the fuck out

2018-08-04 14:26:26 UTC  

not make jokes with her

2018-08-04 14:26:38 UTC  

just watching that i wanna moer her with the back of my hand

2018-08-04 14:26:42 UTC  

well, the first backfire @buzzlightyear was that it encouraged entrepreneurship and more financial success in the white community πŸ˜›

2018-08-04 14:26:43 UTC  

duk muit

2018-08-04 14:27:11 UTC  

you are sitting there, a devil.

2018-08-04 14:27:31 UTC  

SA needs righteous indignation

2018-08-04 14:28:21 UTC  

@rob yeah, think about the financial power they will be amassing too, these idiots will never be able to compete

2018-08-04 14:34:47 UTC  

@TruthCanary thats it! (the video)

2018-08-04 14:59:21 UTC  

How many of you have read the following books of FA Venter:

2018-08-04 14:59:22 UTC  

Geknelde Land
Bedoelde Land

2018-08-04 14:59:34 UTC  

I've heard that these are really good books

2018-08-04 16:37:27 UTC  

@Willem Petzer Lyk baie lekker daar!

2018-08-04 17:02:00 UTC  

2018-08-04 17:02:01 UTC  

Aangename kennis @jd, welkom by **Willem Petzer Live Chat** πŸ‘¨πŸΌβ€πŸŒΎπŸŽ™οΈ

2018-08-04 18:02:52 UTC  


2018-08-04 18:02:52 UTC  
2018-08-04 18:04:26 UTC  

Ah @Willem Petzer I was going to ask you about their church there man.

2018-08-04 18:36:29 UTC  

Aangename kennis @Dogwood, welkom by **Willem Petzer Live Chat** πŸ‘¨πŸΌβ€πŸŒΎπŸŽ™οΈ

2018-08-04 18:36:29 UTC  

2018-08-04 18:43:47 UTC