🚨 BREAKING UPDATE Research puts hard numbers on BEE’s economic cost.
The Solidarity Research Institute (SRI), working with the Free Market Foundation, calculates annual BEE compliance and related losses at R145–290 billion — equivalent to 2–4% of GDP.
That’s up to 192,000 foregone jobs every year.
In a country with one of the world’s highest unemployment rates, this is not abstract policy debate. It’s real capital, real investment, and real opportunities diverted year after year.
Over nearly two decades the cumulative drag has exceeded R5 trillion in lost economic activity, with GDP growth reduced by an estimated 1.5–3% annually.
Report: “The Costs of B-BBEE Compliance” (FMF & SRI, June 2025)
Full PDF: https://t.co/gqzRxgQtbY
Is the current model still defensible when the costs are this visible?
#BEE #SouthAfrica #Economy #Jobs
Lights on with the sun in #Tshwane
Can we afford to let the street lights burn at day?
(I know we have bigger problems than this, but this should be easy to solve). In Lynnwood Park.
@CilliersB
Read my article - Information Waste: Impacting Your Factory. Let Nostics come do you a diagnostic to see by how much you can improve your bottomline.
https://t.co/dgAHN3d3Nm
Check out my latest article: The (AI) Future is exploding around us. New (1Bn) type Businesses & New World Orders... https://t.co/wxqbRNc2Ys via @LinkedIn
@flymepegasus post 2 - - have tried from various browsers, both Apple and Windows, neither can our travel agent get in, always the same error after selecting the flights, also cannot get to your call centre. In ZA
Web3 will soon disrupt the internet and entirely transform how the world works.
But 99% are unaware.
Here are 100 WEB3 STARTUPS everyone needs to know about:
Never punish someone for shining a light on the facts.
Our scientists did what they had to for the public good.
Consideration rather, perhaps, on the roll of vaccine hesitants and those scientists who kept, and still keep, their findings a secret.
Anyone else think #TOBI from @Vodacom is useless? Asks you lots of questions to get to a simple send invoice, then says "We have technical problems". It get worse - then it asks to chat with a human - asks again - mobile no & name, the human asks all Q's again. You can do better.
Have you heard about @corporateknight Top100 most sustainable companies index? Learnt about them 1st time today. Their methodology below. In my view - do not trust any other index. https://t.co/VnyPajHHus
It's going to be another busy day for @Action4SA in Johannesburg.
Absolutely honoured to be able to take our seven core values and our message of hope to my fellow South Africans.
Watch this space. #ItsTimeForAction!
The problem for all South Africans is crime. The problem for all South Africans is rampant murder & rape. The problem is lawlessness. South Africans should unite against crime, not divide against each other. 🇿🇦#Senekalprotest#Senekal#SouthAfrica
If you live outside South Africa, please buy South African wine if you possibly can. We are now completely reliant on exports and this renewed ban on alcohol sales is devastating for the livelihoods of so many who are already struggling after months of restrictions.
Just finished an excellent engagement with a broad range of representatives from the farming community.
They‘re all committed to building an inclusive agricultural sector.
We‘ve decided to host a live webinar to share their ideas for transformation on Mandela Day this Saturday
Last week finance minister@titomboweni said the economy would shrink by 6,4% this year. Yesterday Treasury said it would be -16%. This is a financial apocalypse. Don't shoot the messenger.