Message from @Dyno
Discord ID: 475269670598082570
hey guys. not sure if my voice chat works yet
@Not_ShadowbannedYet nice avatar bro
is that Joe?
Happy Saturday guys and girls
What happened to your computer? 😳Did you strip it for parts?
lol
Lol
Gamers hate me
I can see why
I'd use it for 3D myself
A few triggered gamers
*tooth whistle*
@Daniebees It's true. Every gamer I've ever met. It's like a thing. Sorry dude🤷🏻♂️
hows it gents/ladys
@RaRi👌🏻
Hey Everyone
Wasssssuuuuuup😝
Aangename kennis @gaytaylor, welkom by **Willem Petzer Live Chat** 👨🏼🌾🎙️
@The Fleeb good, but why this unfavorable(for the masses) decision right before an election?
maybe they see the light
doubt it
does BEE favour Indians and coloureds or is it just for Black people?
@The Fleeb BEE became BBBEE(Broad Based Black Economic Empowerment) To include all the other disadvantage groups. And yes indians and coloreds do benefit. Many coloureds have gotten contracts/funds to expand their businesses to supply big chains that have BBBEE "programs" Woolworths is one of them as an example. There are Agriculture fund programs such as the (casp/Ilima fund)that have spent millions on black/coloured and indian farmers. Whites are obviously excluded as per usual as we benefited from apartheid ,remember.
@The Fleeb Ultimately, a policy of quotas never benefits any group, it discourages excellence and competition.
causes division, tokenism
Any system which gives free handouts (ie Socialist system) encourages mediocrity, and locks people in a state of dependence on the state
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
MultiChoice's complaint against Netflix isn't entirely without merit, they are being handicapped by south african red tape
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)
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
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.