« Opposition mounts to draft financial sector charter | The New Age Online | Main | TESEF - Namibian Govt BEE policy implemented this year. »

March 15, 2011


Richard Ferrer

Yes, I think that you are right, Paul – this is a good “add on” marketing tool for BEE Code 100 deals.

I think a potential mine field is in judging what administration costs mean firstly, and what level is considered reasonable. Tshikululu overheads are some R 34 million per annum. They will argue, I imagine, that this expertise is needed to choose the right projects and to ensure that money isn’t wasted / stolen etc, and I would personally agree with that. Expertise costs money, but the overall cost is less. But a number of people would be horrified at their salaries. I counted the number of people in their organisation photo and divided the figure into their total salary bill, and got an average salary of R 395 000 per annum, which I suspect makes them paying market related salaries

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)

Blog powered by Typepad

Your email address:

Powered by FeedBlitz

May 2023

Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Twitter Updates

    follow me on Twitter