Zuma's ANC letter beautifully precised by Moneyweb as "ANC president responds to the concerns raised by the BMF over Eskom and other SOE's".
A few features/quotes
- One of the key focus areas of the ANC government is economic transformation.
- We emphasise that the creation of decent work will be at the centre of our economic policies and will influence our investment attraction and job-creation initiatives.
To achieve this, we said we would utilise state levers such as
procurement, licensing and financial support to assist small and medium
enterprises as well as to promote the implementation of Broad-Based
Black Economic Empowerment (BBBEE) and affirmative action policies.
These policies must not just benefit a few but should be extended to a
broad section, especially the workers, youth, women and people with
disabilities.
(You know where licensing comes in - good old section 10)
And then a reference to the BMF (who now deny that they ever suggested Bobby is racist, but they want the board to resign). And now for a post within a post. This is from November the 9th (Business Report) in which they called for the resignation of the board and threw in a few choice epithets.
Mnyaka said the problems at the power utility stemmed from an ideological disconnection between the strategic imperatives of the ANC government and the board led by its chairman Bobby Godsell, as well as lack of clarity between his and Maroga's role. She added that Maroga was a victim of "anti-transformation people with a racist agenda" at the electricity parastatal.
'nuff sed about that. Back to Zumachine Gun
- Our meetings with black business sensitised us to some actions of government which serve to hamper the development of small entrepreneurs. One of these is the delays in paying small businesses.
During the election campaign we said we would change the way in which government works, and that we would ensure faster delivery. Treasury Regulations on the approval of expenditure in government states that unless determined otherwise in a contract or other agreement, all payments due to creditors must be settled within 30 days from receipt of an invoice or, in the case of civil claims, from the date of settlement or court judgment.
We have instructed all government departments to comply with this regulation without delay.
- To further streamline our transformation work, we are currently in the process of appointing a BBBEE Advisory Council which in terms of the BBBEE Act will be chaired by the President of the Republic. This process should be completed in a few weeks’ time. The Council’s responsibility will be among others to advise government on black economic empowerment, monitor implementation and review progress in achieving black economic empowerment.
That's about it. You can read the whole thing
here.