Understanding Black Employment Empowerment in SA - financial summary
Three contractors - one from Soweto, another from Pretoria , and the third from Benoni, are bidding to fix a broken fence at the Union Buildings in Pretoria ..
They go with a Union Buildings official to examine the fence...
The Pretoria contractor takes out a tape measure, does some measuring, and then works some figures with a pencil.
'Well,' he says, 'I figure the job will run about R900.
R400 for materials, R400 for my crew, and R100 profit for me.'
The Benoni contractor also does some measuring and figuring, then says, 'I can do this job for R700: R300 for materials, R300 for my crew, and R100 Profit for me.'
The Soweto contractor doesn't measure or figure, but leans over to the Union Buildings official and whispers, 'R2,700.00'
The official, incredulous, says, 'You didn't even measure like the other Guys! How did you come up with such a high figure?'
The Soweto contractor whispers back, 'R1000 for me, R1000 for you, and we hire the guy from Benoni to fix the fence.'
'Done!' replies the government official.
And that, folks, is how it all works in S.A.
How BEE works in SA
How BEE works in SA
ZU-DODO
Re: How BEE works in SA
Then it still becomes a mess as it needs to be repaired 50 times after and then the poor dude from Benoni gets shagged by his workers who do the work behind he's backs and walk away with the cash and he is left with the court case 6 years later.
Gavin van der Berg - ZS-WWF
“The genius controls the chaos”
One of the Proud Chain Gang Founding Members
“The genius controls the chaos”
One of the Proud Chain Gang Founding Members
- John Young
- The Boss
- Posts: 1973
- Joined: Tue May 24, 2005 8:38 am
- Location: Jacksonville, Florida, USA
How BEE works in SA
Nah Gav.,Tailspin wrote:Then it still becomes a mess as it needs to be repaired 50 times after and then the poor dude from Benoni gets shagged by his workers who do the work behind he's backs and walk away with the cash and he is left with the court case 6 years later.
What actually happens is that to be competitive, the dudes from Benoni and Pretoria appoint BEE Directors who never work, prang the whole fleet of vehicles, submit exhorbitant expense claims, take the equipment home for personal use to hire out and then steal them blind.



Regards
John
Was a sEXY trike. Now registered as N457YJ
Re: How BEE works in SA
Now that is no Lie
Gavin van der Berg - ZS-WWF
“The genius controls the chaos”
One of the Proud Chain Gang Founding Members
“The genius controls the chaos”
One of the Proud Chain Gang Founding Members
Re: How BEE works in SA
Gee Wiz john. You are so sadistic.
How things going there John?
Vernon.





How things going there John?
Vernon.
- John Young
- The Boss
- Posts: 1973
- Joined: Tue May 24, 2005 8:38 am
- Location: Jacksonville, Florida, USA
How BEE works in SA
Hi Vernon,vernon11 wrote:Gee Wiz john. You are so sadistic.![]()
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How things going there John?
Vernon.
Over here, it's just like SA except we have NO -
BEE (Black Economic Empowerment),
BBBEE (Broad Based Black Economic Empowerment),
EE (Employment Equity),
NCA (National Credit Act),
SDA (Skills Development Act),
Secrecy Bill,
CPA (Consumer Protection Act),
Emission Taxes,
16-Seaters disregarding every rule,
crime,
large dogs,
security systems,
armed response,
expensive petrol,
alarms going off 27/7,
high fences,
corruption,
filth and roadside waste,
polluted jetties with feces and urine,
cops who are corrupt and useless,
out of control crime,
electricity debacles,
Helkom,
money guzzling municipalities,
governments within a government,
eNatis debacles, and so on ...
Otherwise just the same as SA.



Come visit.
Regards
John
Was a sEXY trike. Now registered as N457YJ
Re: How BEE works in SA
Hell John. Reading all that, I would love to visit, but the guzzling economy does not allow me to at this stage.
Regards,
Vernon.
Regards,
Vernon.
- Tumbleweed
- Toooooo Thousand
- Posts: 2349
- Joined: Wed Nov 16, 2005 7:14 pm
- Location: FASC
Re: How BEE works in SA
John, there's one thing you don't have which we do in abundance and thats the difference. 

Sling ZU FYE - For Your Entertainment
- John Young
- The Boss
- Posts: 1973
- Joined: Tue May 24, 2005 8:38 am
- Location: Jacksonville, Florida, USA
How BEE works in SA
Boerewors maybeTumbleweed wrote:John, there's one thing you don't have which we do in abundance and thats the difference.


Actually, jokes aside, I now make the best boerewors, sosaties and biltong ever.
Regards
John
Was a sEXY trike. Now registered as N457YJ
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