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Getting around BEE, empowering South Africans 

The Daily Friend
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Today's Daily Friend Show with Nicholas Lorimer, Michael Morris and Chris Hattingh. They discuss new regulations from the minister of communications Solly Malatsi which will allow equity equivalents rather than BEE ownership as a way to get licensed. They also talk about a planned protest by COSATU about South Africa’s economic crisis. Lastly, they chat about how the GNU is doing after 100 days in office.

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10 окт 2024

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Комментарии : 34   
@MkuluClive-ls5qj
@MkuluClive-ls5qj 3 дня назад
Its time to take BEE to the Concourt!
@Hannodb1961
@Hannodb1961 3 дня назад
Why hasnt it been taken to court yet? The entire premise of the law is a racial classification that doesnt exist.
@MkuluClive-ls5qj
@MkuluClive-ls5qj 3 дня назад
@@Hannodb1961 fuccknose? It's a mystery to me.
@learningtostream3919
@learningtostream3919 3 дня назад
It's time to not comply
@ShaunGunter-vj2ih
@ShaunGunter-vj2ih 4 дня назад
Trying to get a new business venture going in SA is like planting mielies on the beach
@RosemarieRofe
@RosemarieRofe 4 дня назад
Even if I had surplus capital to invest in a business in this country, I wouldn't because of B-BBEE, and other racist policies.
@Nothingbutthetruth6693
@Nothingbutthetruth6693 4 дня назад
​@@RosemarieRofeLike it or not there is no way blacks can be racist or you dont know the African history suppose to be grateful that you own what is not yours this is Africa and it belongs to African go and help Ukraine fight Russia in europe and live Africa to Africans
@bevturner2258
@bevturner2258 3 дня назад
⁠@@RosemarieRofe BBBEE affects employees more than employers. These race laws make it difficult for Whites looking for jobs. It isn’t cost effective to employ Whites because of the loss of government incentives. However, as an employer with a small business, you’re not affected. Businesses with a turnover of less than 10 million are exempt from BBBEE. I ran a small business in Durban for 10 years without any race related problems. These restrictions are aimed at big businesses. In return they are paid big incentives for complying.
@samanthaholm9634
@samanthaholm9634 3 дня назад
The law has now changed as businesses were going past the R10 million turnover mark. Now it's under 50 employees and over 1 billion rand. So dumb. You write an affidavit saying you are under 50 employees and under a billion rand. This is to keep us here.
@JohanvanderMerwe-bc5ec
@JohanvanderMerwe-bc5ec 3 дня назад
I agree they should be taken to court because this stupidity of the ANC should stop !!!!
@edwarddossantos9089
@edwarddossantos9089 3 дня назад
Why do we still have this racist law of BEE? How many whites left South Africa in the last 40 years? They could have stayed and helped South Africa economically. But no ANC decided to discriminate against whites.
@BVideotube99
@BVideotube99 4 дня назад
REMOVE ALL RACE LAWS - Nick and team anything else, irrespective of temptation is capitulating and supporting RACIST LAW under apologist tenets.
@Nothingbutthetruth6693
@Nothingbutthetruth6693 3 дня назад
Go and change laws in europe and live Africa to Africans
@dannyarcher6370
@dannyarcher6370 3 дня назад
@@Nothingbutthetruth6693 We're Africans too. Tough titty.
@SharonKeune-zo1zi
@SharonKeune-zo1zi 3 дня назад
​@@Nothingbutthetruth6693you are just another useful idiot.😮
@chriscoetser1812
@chriscoetser1812 3 дня назад
In Secunda our water is off for 2 weeks at the end of the month. at the moment its off for 9 days. Please talk about that so every people know.
@Hannodb1961
@Hannodb1961 3 дня назад
Good bill. Good luck getting it through parlaiment, though.
@ShaunGunter-vj2ih
@ShaunGunter-vj2ih 4 дня назад
Has/does the IRR ever receive any feedback from GNU or ANC about your suggestions and crticisms ? Positive or negative. Genuine question
@cindyleehart1039
@cindyleehart1039 3 дня назад
COSATU is more concerned they are going to become irrelevant because they are merely invested in their own pocket rather than the best interest of the people who provide their salaries.
@dannyarcher6370
@dannyarcher6370 3 дня назад
I've been saying since that Musk meeting with Squirrel that if an exception is made for Elon, the whole BEE house of cards will come crashing down.
@FaanBoerseun
@FaanBoerseun 3 дня назад
'Equity Equivalents' = Taxes
@davidscrooby2461
@davidscrooby2461 4 дня назад
Experience with the BBBEE Commission under DTIC was that they were cautious and slow in investigating complaints which prejudiced some people who suffered as result of the abuse. Is the traditional points system not the best-black woman, white woman, black man, white man-4,3,2,1?
@dannyarcher6370
@dannyarcher6370 3 дня назад
Austerity measures!! 🤣🤣🤣🤣
@MkuluClive-ls5qj
@MkuluClive-ls5qj 3 дня назад
You guys are off the mark, investors don't give a shit.
@antonioflorenca6086
@antonioflorenca6086 3 дня назад
And if they are investing with my pension fund money, that is exactly what I expect from them; Good returns for my investments.
@cindyleehart1039
@cindyleehart1039 3 дня назад
The GNU is slow because power still superceeds the required function of service delivery, growth, development and safety & security with accountability ensuring that cadre deployment, incompetence and corruption stops as it kills the better life for all.
@MkuluClive-ls5qj
@MkuluClive-ls5qj 3 дня назад
Fly under the radar, so what the hell is BEE then?
@cindyleehart1039
@cindyleehart1039 3 дня назад
Its a means for an incompetent self serving political appointment to get get a slice of a very small pie. Because of the small mind applied to BEE instead of growing and empowering those in need it has crippeled SA.
@ronaldjtriumph5985
@ronaldjtriumph5985 3 дня назад
Super hot in Glen Lilley, Cape Town today 👍
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