Happy new year. I'm going to stave off the natural cynic in me and wish everyone the best. Now that that's done, let me continue with this post.
There is growing discontent with the current government, booing at funerals, Nkandla justifications that would not convince a toddler, Lionel October thinking I'm an idiot, eTolls, new BMWs etc. I don't know if this year will be any different to previous ones when it comes to litigating against this incompetent government, but I going to be involved so I'll pay more attention.
I read with much hilarity the comments made by people for EY and KPMG. Obviously they are trying to attract more business and curry favour with the gummint. But this is delusional talk. Take a look at Sugan's words
Black economic empowerment specialist at EY Sugan Palanee says given the criticism of the empowerment policy over the last few years, the Department of Trade and Industry needed to re-orientate the legislative framework and reposition broad-based empowerment as a catalyst for economic growth.
I've met Sugan and I respect him, but where in the new codes do you actually see anything that will stimulate economic growth. At best it will stifle growth under a mountain of redtape, at worst they will negate any growth the BEE might have stimulated up until now.
And then there is KPMG CEO Moses Kgosana
THE amended broad-based black economic empowerment codes of good practice can still result in potential competitive advantages for businesses if approached with a proper long-term strategy, says KPMG CEO Moses Kgosana.
What competitive advantages are you referring to? The only competitive advantage offered is instant promotion into the BEE stratosphere if you are a largish black owned business. The balance of companies are now going to have spend ridiculous amounts of money (well beyond the call of duty to compete with those newly promoted companies). And even then with negative marking you'll never compete.
And why does Lionel October think I'm an idiot? He responded to my PAJA application with pathetic rubbish that he proposes as answers. But the best is the last question that really shows him up
Question: And finally would the Minister please explain to me in writing as to how he could have published a document that lacks the clarity that is needed to implement such dramatic changes in the empowerment arena?
Response:
Although your question is very broad and you do not indicate how the document lack (sic) clarity, I would like to assure you that the dti has invested greatly in the process of publishing the revised Codes, including a consultative process which ensured to clarify all stakeholders about a need to amend the Codes
For goodness sake Lionel. Did you not read the fucking document? For your sake I'm hoping you didn't because it does pose many questions about you if you did. But if it's clarity you want then perhaps you'd like to look here for starters.
The full response is attached.
Comments