Well this was the original intention, until bolshie bob was launched upon us. His commie-addled mind could not understand that you can't grow and share if there is no growth.
It wasn't a surprise that this little vignette hit the news
A day after President Cyril Ramaphosa announced a nationwide shutdown and relief measures to support small businesses during the coronavirus or Covid-19 crisis, the Department of Small Business Development's website crashed for many hours.
Without a functioning website belonging to the custodian of small businesses in SA and the limited flow of credible information, a misinformation campaign can easily find fertile ground on social media. And it did on Tuesday.
The department was criticised on Twitter for allegedly imposing racial ownership requirements on small businesses that want financial assistance from the government to cushion the blow of the impending national shutdown that Ramaphosa declared on Monday 23 March. Ramaphosa announced the three-week shutdown, which kicks in from midnight 26 March, to contain SA's Covid-19 outbreak. Infections have passed the 500 mark.
Various misinformation peddlers claimed the relief measures proposed by the government would only help small businesses that are at least 51% black-owned and exclude those without a favourable transformation profile.
This kind of sentiment was very common under bolshie. Once or twice he was caught off-guard, he didn't always bother reading some of the stuff he signed. You could expect this from the zoomer maladministration.
Once again Cyril has shown that we need to work together as a nation and not favour certain types of companies. BEE cannot be a consideration under the COVID19 pandemic. Preservation of jobs IS THE PRIORITY, irrespective of who owns the company.
Small business development minister Khumbudzo Ntshavheni said at an inter-ministerial briefing in Pretoria on Tuesday that the purported racial requirement was "fake news".
Good one Cyril, but it does show that a number of your administrators are still operating under the zoomer banner. You can find these people and remove them – they are the thorn in your side and they are still operating.
As an aside, if they wanted 51% black owned company so that I could keep it running, I would make a huge plan and quickly. I would use the substance over form rule and transfer the shares and wait for lawyers to start operating again. In the interim I would issue an affidavit confirming that I am 51% black owned by making a cryptic reference to the substance over form rule.
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