Lololololol
CONTEXT1:
Black economic empowerment is the system which the Mandela Administration had championed to get black peeps work forcibly to uplift them from poverty, at the fears that the white middle class would deliberately exclude them from sustainable jobs - there was genuine good intentions from this initiative, but like all things corrupted, it is one of the biggest hobblings of modern RSA.
Elon Musk's Starlink has had stunning success in many places where there was low levels of infrastructure, including ravaged places like Ukraine, where infrastructure was damaged and distorted. Especially even in rural places like in U.S., Europe and New Zealand, in addition to portions of Canada, Australia and South America - it would never obviously compete agianst fiber or anything but where rural municipalities/counties/local admins were way too brokenshit poor or the local ISPs were too monopolisitc to provide good internet, a lot of rural peeps benefitted from being able to succ internet porn straight out of the fricking atmosphere
South efricans, especially the rural cucks were hyping the starlink shit all the way through 2022, only to be devastated by the news that Starlink wouldnt be coming to RSA because our commie government refused to slacken the BEE requirements that 30% plus must be black locals of the local admin's choosing,
a mega-company like starlink wasn't gonna accept such bullshit and RSA is relatively poor and not a priority market so, the deal fell fricking through
https://solidariteit.co.za/en/bee-legislation-obstructing-starlink-services-in-sa
plenty of teeth gnashing and seething from rural cucks like myself
=====(from article) "At least 20 African countries already have Starlink or are planning its roll-out soon. South Africa's neighbouring countries, Botswana and Mozambique are also a step ahead of South Africa in this process.
The ANC government requires of Musk's Starlink company to meet its black economic empowerment requirements. Among other things this means that previously disadvantaged persons, including black South Africans but excluding white South Africans, must have a minimum of 30% shares or ownership in a company to qualify for a license. In reality, it means that the ANC government now even wants to dictate to international companies wanting to do business in South Africa about how they should do it."
"The legislation that requires Starlink to find a South African partner that complies with all black economic empowerment legislation is outrageous as Starlink has no obligation to comply with the ANC government's requirements and it is preventing businesses owned by white South Africans from having an equal opportunity to enter into a partnership with Starlink.
Starlink availability in South Africa would mean that South Africans in all parts of the country, even those in the most remote parts, would have access to the internet. In turn, this would help ordinary South Africans to acquire new skills, leading to possible employment β an issue that calls for urgent attention."
"The ANC government would rather press on with its outdated cadre deployment policies that are aimed at only benefiting a few politically connected individuals while the rest of South Africa is being prejudiced.
The government's obsessive race legislation blinds it to the major economic crisis the country finds itself in currently, and it is sowing division. Solidarity says enough is enough!"=====
CONTEXT2:
Right so one thing that came from the meming and mockery of BRICS was that Chinaland was willing to invest considerable infrastructure and resources into RSA, as they noticed we had this slight problem with electricity, however the chinx who investigated also came to realize the existence of the BEE policy which had kept the ANC in power for the past 3 decades, and they immediately went back to daddy Xi to complain saying that they sure as shit didn't trust the local labour
Usually China makes deals with african nations to build roads/darns and other infrastructure with their own imported labour, as they basically never trust the locals - not the chinese ever made any effort in the past 20 years to try and accumulate education for the local african populations and workers, but whatever.
Anyways, one big talking point which prez Rhamaphoza has touted recently with all the BRICS hype is that "China has promised extensive cooperation in the energy sector." and that he could secure aid from chinaland to through BRICS economic talks and diplomacy to bypass the suicidally corrupt ESKOM to build and refurbish the struggling powerplants.
https://www.news24.com/fin24/economy/chinese-fund-advises-sa-to-relax-tender-bee-rules-20230823
Well the chinese was once again aghast at the terminal r-sluration of their african allies, and "SA was advised to streamline its tender processes", translation - the tendering for construction projects in RSA is so inept and corrupt that it would scullfrick any chinese engineer foolish enough to entangle themselves in it
Additionally the BEE policy now directly clashed with China's preference to utilize their own specialists and workforce, and basically there is trouble in paradise
We now waiting for the upcoming two weeks to basically let nothing happen when two corrupt nations find friction in this.
Jump in the discussion.
No email address required.
Wtf I can understand a (temporary) measure for employment but ownership of the actual company? That's insane. It's basically a gibs program so white companies find some plant to sit on his butt all day so he doesn't frick with the company.
Jump in the discussion.
No email address required.
30 years of affirmative action for 80% of the population, I wonder how long can they keep going
Jump in the discussion.
No email address required.
Malaysia does that too
Jump in the discussion.
No email address required.
More options
Context
The obvious endgame is until the economy completely collapses and the Chinese can swoop in and buy the entire country for pennies, extract all the resources, and leave an empty husk without resources, stable government, institutions, or useful infrastructure
Jump in the discussion.
No email address required.
More options
Context
More options
Context
That's literally what happens - only large corporations are capable of supporting such dead weight, while small businesses would be suicidal to give 33% ownership to a complete stranger on startup - this stifles a lot of business growths
Jump in the discussion.
No email address required.
Does it includes couloureds and ?
Jump in the discussion.
No email address required.
Yeah coloureds and Indians are much sought after as they are much likelier to be meritorious than their black peers as they also have to fight the minority system and are harder working as business partners or colleagues
Jump in the discussion.
No email address required.
The BEE reminded me of this
https://www.google.com.py/s/www.migalhas.com.br/quentes/350446/xp-e-avel-sao-processadas-por-equipe-sem-negros-e-mulheres
A brazilian investment bank headquartered in Porto Alegre. In 2021 they posted this pic on social media and a Feminist NGO decided to sue them accusing them of racism as all of the employees on the pic are whites (I see a black guy on the back to the right and a pardo with glasses right near the front though). The loonie activists demanded the company should be fined 10 million R$ for βmoral damagesβ and that they should create a diversity department. Now to give you an idea, Porto Alegre is the capital of Rio Grande do Sul, a state where 80% of the population is white, just like in SA there's an educational gap between whites and negroes (blacks and pardos are now lumped as negroes), ad this to the equation and see why everyone working there belongs to a certain ethnicity.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Idk how you still live in SA. The gussy must be good or something
It's hard enough living in Canada hating all the ways the gov ruins middle class lives here
Starlink is dope too. My friend has it at his rural house and said it was life changing. Went from the worst WiMax connection to being able to have multiple people stream Netflix at once.
Jump in the discussion.
No email address required.
I'm poor at shit, only past two years have started earning wage and not being parasite πͺ± on family
I'm hoping to earn better wages in next two weeks
I'm super envious of atarlink
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context