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President Cyril Ramaphosa signed a new law that exempts companies with less than 50 employees from BEE compliance. This is irrespective of their annual turnover. Even if the company makes R100 billion it will be exempt. Here is a critical discussion about affirmative action!
"Eskom is a feeding trough for the ANC! The ANC wanted to eat the R8.5billion we got from, COP27. There is a minister who knows this. There is another minister who is eating." --- André de Ruyter spits fire & propaganda on his way out---
💡💡the helpful power thread!!⚡️🔋 please post your UPS/ inverter/ solar solutions in this thread with any useful advice for first time buyers 👇🏽👇🏽
Total costs of hosting FIFA World Cup tournament 🏟: 🇶🇦 Qatar 2022: $220b 🇷🇺 Russia 2018: $11.6b 🇧🇷 Brazil 2014: $15b 🇿🇦 South Africa 2010: $3.6b 🇩🇪 Germany 2006: $4.3b 🇯🇵 Japan 2002: $7b 🇫🇷 France 1998: $2.3b 🇺🇸 USA 1994: $0.5b
The torching of the Bushbuckridge Local Municipality offices happened shortly before forensic investigators were unleashed on the municipality ow.ly/Omxc50KUN6e.
5 billion people use the internet. Less than 1% understand it. This mega thread will get you up to speed—starting today:
4 Excel Skills 4 minutes to learn 4 hours you can save this week: 📊
RSA Retail Bonds very attractive indeed, low risk. Rates will get even better soon. If you had R1mil after 5years at 10.50%, it would be R1,669,419 if you reinvest the interest.
Petrol price has increased by 86% since January 2021. Ever wondered how the fuel pricing model works in South Africa? [Thread]
According to the Council for Scientific and Industrial Research, Eskom’s diesel usage could cost SA R24bn, if prices rise to R25 a litre. In 2021,Eskom used 1 billion litres of diesel. Mar 2022, Eskom’s COO said 9m litres of diesel a day were needed. Eskom’s diesel suppliers;
Former Permanent Representative of the African Union mission to the USA @HEDrArikana on Africa's woes...profound
How to read financial statements As Easy as 1,2,3 (Thread )
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