@RoryDuncan1966 But government’s BEE is excluding white young people, even the only trillionaire a South African white born, is not welcome to build SA, cadres must eat first.
@BafanaSurprise Cyril will keep Steenhuisen onboard to frustrate the DA, ANC’s best interest first. Strategically it’s better when a white minister drives EWC in the farming community. My bet is John is save with Cyril.
@Burn__Slow@Newzroom405@BuildOneSA I agree, Maimane’s question makes even less sense today, considering the historical wages, tax incentives and business funding, if they couldn’t make it profitable then it will be less of an option today with added wages, unions, BEE, electrical costs and alternative imports.
@RobertHersov@ginnydmm@GwedeMantashe1 Rob, the government expropriated all mineral titles in early 2000 for null compensation, since then illegal mining has grown and legal mining has declined, they are the owners and should take responsibility, it’s 25 years later and very clear that EWC is not a option.
@PhumlaniMMajozi Entrepreneurs will associate positively with Musk’s success, only socialist, BEE cadre beneficiaries and free demanders will criticise Musk.
In 1995, Elon Musk applied for a job at Netscape.
He sent his resume. He even went to their office.
But he was too shy to talk to anyone.
So he went home & started his own company.
31 years later, that shy kid who couldn’t ask for a job became the world’s first trillionaire.
If the most successful entrepreneur, in the history of mankind, calls out the SA BBBEE laws for the extortion racket it is , certainly it is about time to terminate these economy destroying policies ? Not so?
@BusinessDayNg South Africa’s Black Economical Empowerment held him back when he was young, even today Musk is not welcome to do business in South Africa. Fact is no white person is allowed to do real business without racial law & shares compliance.