With a banking oligopoly that refuses to finance them.
SA Banks won’t lend to a startup until it has been running for at least a year and can show a decent profit.
The time when businesses need cash flow the most, is the first 2 years of business.
Banks are given exclusive, lucrative licences to create money by issuing loans, and to profit handsomely from that.
In successful countries like China, Japan, Korea etc, banks were / are mandated by govt to direct credit at lowest possible interest cost toward productive businesses. It’s called window guidance.
But in SA, we pretend that banks serve no public purpose (in return for benefiting from exclusive licences), except to make a profit for their (largely foreign) shareholders.
Our grandparents went from fighting apartheid to fighting for free medicine with illegal foreigners in their own clinics in SA. They also have to bear the pain of seeing Nigerians selling drugs & destroy their grandchildren. They have never known peace😥😥😥😥
🗣️ Sadio Mané: "I had to resist hunger, I worked in fields, I survived wars, I played football with no shoes, I had no education and many more things, but today with what I earn from football, I can help my people."
"I built schools, a hospital, we offer clothes, shoes, food to people living in extreme poverty. In addition, I give 70 euros per month to all people in a very poor region of Senegal. I don't need to flaunt fancy cars, fancy villas, travel, let alone planes, l'd rather my people get a bit of what life has given me."
The crux of my argument is that we need human oversight & transparency in the AI tools being used for screening job applications. The algorithms are designed on datasets that are biased so they replicate the discrimination from the past to find suitable candidates for the job(1/X
I have cabbage,spinach and beetroot .Large quantity
I’m based in Brits
Contact details: 0715128271
Please help me retweet,my customer might be on your timeline.🙏🏿🥹
♦️Must Watch♦️
EFF MP, Hon. @SihleLonzi at the Portfolio Committee on Higher Education raises sharp, urgent questions about structural injustices in the post-school education system.
He challenges the department’s claim that it lacks the power to regulate university fees, despite being the primary funder.
“How can a department that funds institutions not control how much they charge students?”.
He calls for legislation to empower the Ministry to standardize fees across universities, especially for professional degrees, to ensure fairness and equality.
On the new generation academic program (nGAP), Hon. Lonzi questions delays in recruitment, arguing that there are thousands of capable young academics waiting for opportunities, and that the department’s reasoning does not reflect the reality.
#EFFInParliament
I need each and every one of you to LOCK IN😭🙏🏽
please use this as a draft and send it to the email up top. whether you’re a student or not, whether this directly affects you or not, we need all hands on deck. this amendment cannot go through.
"ditamati tse le di isa kae?"
"Tsedi green or tsedi red ?"
"Tsedi red"
"Ra di rekisa"
"Then tsedi green ?"
"Letsone radi rekisa"
"Le di rekisetsa bo mang?"
"Tsedi green or tsedi red?"
"Tsedi red"
"Re rekisetsa di company "
"And then tsedi green?"
"Letsone re rekisetsa di company "
"Why hare go botsa lwena abo ore botsa gorr tsedi green or tsedi red ?"
"Akerr tsedi red ketsa Rona"
"And then tsedi green ?"
"Letsone ke tsa Rona"
🤍The Phelophepha Health train is in Mamelodi for 2 weeks (until 22/08/2025). Services offered
Dental: R10 fee (cleaning, extractions, fillings) R5 for medication. Other services include Optometry, Psychology and healthcare check ups.