Prof, you have been ranting about all these things for quite some time.... Why is South Africans so ignorant?😭😭😭😭Professor those who have followed you would consider you prophetic, your projections and insight in South African Economic and Political problems is Eye opening!!!!! Thank you Prof JJ
ANC agreed to a mandate to protect and nurture white-owned business from as far back as 1985 in Lusaka, Zambia. They have pledged as a political parry for over 40 years to defend the interests of Capital first before anything else.
... the companies whose brands are used in these contaminated packaged food items - why are they silent? That's mind boggling indeed. The agenda is bigger than what meets the eye. Can we hear from these companies? I mean companies pay a fortune for branding and for someone to take that brand logo and use it...worse for food poisoning...that must keep those companies wide awake. If the silence continues.. aren't they scared.this may invoke general boycotts of their products ?? JJ can you please touch base on this matter..Thank you
No, you will weaken South African business people if you have that protectionism. Just like building body muscles needs resistance so in business, competition is necessary. It makes the business people stronger, and it gives the consumer the best solution.
this idea of township economy is misleading.And it shows ppl dont understand economy in general.organised business S.A/white monopoly does not talk of specific economy based on location, they just have access of the whole nation, monopolistically so.the worrying thing is, township economy is linked to retail,taxis, funeral parlors,hospitality and so forth.
Ridiculous copout. The same ANC offers private institutions autonomy and suggest guidelines through policy. Private entities refuse to adhere to transformative suggestions who should actually be obligations.
We can start the indigenization today, JJ. All those shopping centres in the townships that are not owned by township people must leave. The government must provide funding for Africans to buy them.
There should be no BEE, race base polictics is the problem. Stop making it about race, just open the dam economy, make it easy to open a business, it takes longer than 40 days to start a business. Why? All this BEE and other rubbish rules, just need to be scrapped and give the people their own rights and choice to grow the economy.
south african business needs to starts listing on the JSE and allow SANS to buy shares so we can push these foreign investments out and keep the money in our economy
Would be interesting to know what % of BEE beneficiaries invested in developing industries with how many jobs created? How many took on BEE partners who contŕbuted to growing that business? How many big wigs just walked into boardrooms contributing what to actual growth of the company?
Prof the process of African industrialist the criteria on which the ANC is using is you must have a degree in business or experienced from factory floor or College graduate or University graduate could they please elaborate on their way of empowering Black industrialist
It explains why African countries don't attract investment from abroad. Who in their right mind is going to just give over part of the business to someone who put nothing in. If you want inclusivity and BEE partnerships or whatever system African countries have you expect people to buy those shares, not just get it for nothing. Who benefits from these systems the poor or the well connected to the political class. People at the bottom are the ones missing out on job opportunities because politicians and their connected want partnerships in businesses other people worked for. Would it not be better for a foreign company to hire say 5oo unemployed people than give shares to a few politicians or there preferred business friends. No wonder Asia, South America and the middle east are more attractive investment markets and Africa is left out in the cold with millions of jobless people. Inequality needs to be tackled from the bottom up, not from the top down. The more you take the poor out of poverty you narrow inequality, not this nonsense from African leaders that enrich a few at the top whilst the majority remain poor. That actually increases inequality.
Business understand share schemes, where it's cash, technology transfer, skills, or infrastructure. They know very well how to follow state policy. Asian countries are a good example. They did not just accept investment, they marketed themselves as investment destinations, created incentive schemes and a conducive environment for businesses to thrive, through clear policies, in exchange for shares, technology and skills. And of course those businesses that did not follow the laws got punished serverly, including the state officials they colluded with. It is clear that for growing economies countries cannot just let businesses to set up shop and do as they wish, otherwise this will result in exploitation of resources and labour, and high levels inequality. Unfortunately most African countries allow abuse and exploitation. South Africa is much much better.
Just cut this thing of begging whites for things in our country. Start your own business, o pallwa ke eng? And oseka ware chelete otlang seleka nou fela yana.
True comment from sober and open minded black person. If whites can establish factories and banks, what is stopping us as black people??? Black government collects billions of tax from white companies but they cant even build black industries with revenue they collect from white people. Black government is lazy
The government is replacing spaza shops with Shoprite U-Save and PicknPay. Blacks are quiet. There are no clever Blacks. We only have stupid Blacks, lazy Blacks and Stupid Blacks.
But JJ mashwam shwam , skopas ect don't have expiry date but we need to find another way to address these issues, spaza shops need to be regulated esp in locations , this Pakistan's, Somalia's issue in locations won't work.we know they come with cheap products that can't even compete with SAns
Terrible reporting!!!Populist statements. If this guy wants to be popular let him go to politics. What’s happened to our state owned air carriers? What’s bizarre is that we are chastising investors that keep carriers running in our country when our local air carriers are corrupted and destroyed by local entities. How many times have we had to bail out SAA?
I'm grateful I've seen buses treatment in the airlines. It's just that all “catching flights, not feelings” sold lies to me😂😂. I used to think flight seats are totally different from Intercape seats. Meh! They're not😂😂😂
Like tiger brands when it gave people listeriosis, flaunting safety laws and killing hundreds. To this day business is yet to hold itself accountable. Or like the bread cartel, jacking up the price of bread whenever they wish. Or the banks manipulation of the currency. Or like the engineering and construction companies that were so inept and had a building collapse in George. There's more, but I think I've made my point.
@@revolution475 tiger bands is in a court process - yet it and many other companies make the food daily for millions- competition commission is investigating bread prices- yet every day magically bread appears throughout the country - banks if proof sue them - otherwise keep your money in a sofa- 1 building collapsed how any thousand were built, - I don't get your point at all
![Lethal Company Music Video 🎵 "Follow The Orders" [VERSION A]](http://i.ytimg.com/vi/QeooZB4Z7RA/mqdefault.jpg)
I live for these rants.
Come on now😂😂😂😂😂😂😂😂😂😅😂😅😂😅😂😅😂😅😂😅😂😅😂
Danko!!!
They don’t have to transform, we must start and support our own businesses - stop this begging mentality
You have missed the point
@@prophetpeter5394 and what is the point chief , enlighten me ?
@@Thegema101 Inclusivity and economic empowerment of black South Africans from previously disadvantaged backgrounds. We have to start somewhere.
True
When will black government established black industries?
Yes, I can't wait for good biz people to outcompete them. But our laws must be complied with.
Prof, you have been ranting about all these things for quite some time.... Why is South Africans so ignorant?😭😭😭😭Professor those who have followed you would consider you prophetic, your projections and insight in South African Economic and Political problems is Eye opening!!!!! Thank you Prof JJ
The ANC does not care , yet they still are voted back in time and time again. In 4 years time the same will happen again
YUP
ANC agreed to a mandate to protect and nurture white-owned business from as far back as 1985 in Lusaka, Zambia. They have pledged as a political parry for over 40 years to defend the interests of Capital first before anything else.
... the companies whose brands are used in these contaminated packaged food items - why are they silent? That's mind boggling indeed. The agenda is bigger than what meets the eye. Can we hear from these companies? I mean companies pay a fortune for branding and for someone to take that brand logo and use it...worse for food poisoning...that must keep those companies wide awake. If the silence continues.. aren't they scared.this may invoke general boycotts of their products ?? JJ can you please touch base on this matter..Thank you
And the worst part is that this money isn’t reinvested; apparently, it’s said to fund wars. Do they even pay taxes?
What we really need is a minister of Spaza Shops
Yes when you go to Namibia you must have a work permit and use local talent!!!
Eish I been wait..Power to truth ♥️🙏🏾
Entry level businesses need to be for south africans only. Salons, convenience stores, cell fone shops etc
Then start one.
@@hendrelourens9988 😂😂😂😂😁😁😁😁
No, you will weaken South African business people if you have that protectionism.
Just like building body muscles needs resistance so in business, competition is necessary. It makes the business people stronger, and it gives the consumer the best solution.
this idea of township economy is misleading.And it shows ppl dont understand economy in general.organised business S.A/white monopoly does not talk of specific economy based on location, they just have access of the whole nation, monopolistically so.the worrying thing is, township economy is linked to retail,taxis, funeral parlors,hospitality and so forth.
Why are EHP officials not charged with non compliance and irregular misconduct like it is done with financial and SCM officials?
Why are people crying, THEY VOTED ANC??? They did nothing in 30yrs so what do they think will happen now.
Ridiculous copout. The same ANC offers private institutions autonomy and suggest guidelines through policy. Private entities refuse to adhere to transformative suggestions who should actually be obligations.
Seriously
Even if they voted DA the same could apply unless Eff or MK is voted
@JacobMathejane-ql2rr Wasn't Eff & Mk once part of ANC, what did Zuma do when he was S.A.president for 9yrs??? Juju what did he do????
@@JacobMathejane-ql2rrAre you aware that MK was ANC before December😂😂😂
We can start the indigenization today, JJ. All those shopping centres in the townships that are not owned by township people must leave. The government must provide funding for Africans to buy them.
Everyone must transform but meantime government only hiring black only
have you checked employment stats by race? the last time I checked blacks were the most unemployed.
Don't lie. Bring a worthy debate to the table.
The private sector is also employing mainly Whites.
@@kmodiselle1 the thing lies and still sleeps well at night
Its true, the ANC has excluded whites from government. You don't even have a single white MEC in the whole country
There should be no BEE, race base polictics is the problem. Stop making it about race, just open the dam economy, make it easy to open a business, it takes longer than 40 days to start a business. Why? All this BEE and other rubbish rules, just need to be scrapped and give the people their own rights and choice to grow the economy.
south african business needs to starts listing on the JSE and allow SANS to buy shares so we can push these foreign investments out and keep the money in our economy
Go back to school
No bro
You clearly have no idea of how the economy works
Transform for who?
Mr JJ, Julius Malema he's supporting that spaza shop are right to sell expired food and said even Spar and ShopRite they sell expired food.
You are lying, you just hate Malema simple as that
@incomingvirus8669 Go and watch Clement Manyathela interview.
What could be done!? Nationalize Spaza shops!
Expropriate without compensation 😅
Would be interesting to know what % of BEE beneficiaries invested in developing industries with how many jobs created? How many took on BEE partners who contŕbuted to growing that business?
How many big wigs just walked into boardrooms contributing what to actual growth of the company?
Going on for so long these spaza shops long in business
Prof the process of African industrialist the criteria on which the ANC is using is you must have a degree in business or experienced from factory floor or College graduate or University graduate could they please elaborate on their way of empowering Black industrialist
How did you live before JJ... Can we wrap this guy in bubble wrap like Stevie Wonder. May he live there longest cos it's only gonna get better.
Anc Mess creation
Nonstontso ke Nontsontso ( Nonsense is Nonsense)
It explains why African countries don't attract investment from abroad. Who in their right mind is going to just give over part of the business to someone who put nothing in. If you want inclusivity and BEE partnerships or whatever system African countries have you expect people to buy those shares, not just get it for nothing. Who benefits from these systems the poor or the well connected to the political class. People at the bottom are the ones missing out on job opportunities because politicians and their connected want partnerships in businesses other people worked for. Would it not be better for a foreign company to hire say 5oo unemployed people than give shares to a few politicians or there preferred business friends. No wonder Asia, South America and the middle east are more attractive investment markets and Africa is left out in the cold with millions of jobless people. Inequality needs to be tackled from the bottom up, not from the top down. The more you take the poor out of poverty you narrow inequality, not this nonsense from African leaders that enrich a few at the top whilst the majority remain poor. That actually increases inequality.
Business understand share schemes, where it's cash, technology transfer, skills, or infrastructure. They know very well how to follow state policy.
Asian countries are a good example. They did not just accept investment, they marketed themselves as investment destinations, created incentive schemes and a conducive environment for businesses to thrive, through clear policies, in exchange for shares, technology and skills. And of course those businesses that did not follow the laws got punished serverly, including the state officials they colluded with.
It is clear that for growing economies countries cannot just let businesses to set up shop and do as they wish, otherwise this will result in exploitation of resources and labour, and high levels inequality.
Unfortunately most African countries allow abuse and exploitation. South Africa is much much better.
GNU waste of time
Just cut this thing of begging whites for things in our country. Start your own business, o pallwa ke eng? And oseka ware chelete otlang seleka nou fela yana.
Eish!
O bolela nnete jo!
Yes thank you, and start employing your own .
True comment from sober and open minded black person. If whites can establish factories and banks, what is stopping us as black people??? Black government collects billions of tax from white companies but they cant even build black industries with revenue they collect from white people.
Black government is lazy
Hope clever blacks are listening
Are there such things ?
What is a clever black?
The government is replacing spaza shops with Shoprite U-Save and PicknPay. Blacks are quiet. There are no clever Blacks. We only have stupid Blacks, lazy Blacks and Stupid Blacks.
@@troothhertz6297 😂😂😁😁
Empower SAA is funny
Give them time ANC had 30yrs and still screwing up .
@@RodneyErnstzen These empowerment guys act like we don't pay tax, and the money they waste on SAA and SABC is coming from their colonial gods.
Shame
We need south African Elon musk why not
Mabahambe!!!!!!!
But JJ mashwam shwam , skopas ect don't have expiry date but we need to find another way to address these issues, spaza shops need to be regulated esp in locations , this Pakistan's, Somalia's issue in locations won't work.we know they come with cheap products that can't even compete with SAns
Terrible reporting!!!Populist statements. If this guy wants to be popular let him go to politics.
What’s happened to our state owned air carriers?
What’s bizarre is that we are chastising investors that keep carriers running in our country when our local air carriers are corrupted and destroyed by local entities.
How many times have we had to bail out SAA?
including elon musk, he can keep his internet
He had already declined BBBEE, and Ramaphosa went back begging again this year… not a good sign 😂
I'm grateful I've seen buses treatment in the airlines. It's just that all “catching flights, not feelings” sold lies to me😂😂.
I used to think flight seats are totally different from Intercape seats. Meh! They're not😂😂😂
its a woke mentality - time to cut back government involvement and let business do what it does best- get the F out of the way !
Like tiger brands when it gave people listeriosis, flaunting safety laws and killing hundreds. To this day business is yet to hold itself accountable.
Or like the bread cartel, jacking up the price of bread whenever they wish.
Or the banks manipulation of the currency.
Or like the engineering and construction companies that were so inept and had a building collapse in George.
There's more, but I think I've made my point.
@@revolution475 tiger bands is in a court process - yet it and many other companies make the food daily for millions- competition commission is investigating bread prices- yet every day magically bread appears throughout the country - banks if proof sue them - otherwise keep your money in a sofa- 1 building collapsed how any thousand were built, - I don't get your point at all
JJ doesnt know he is saying he wants blacks to become poorer and poorer. Redistribution never works
Says a white person
This guy looks drunk or intoxicated and minces 'his' political opinions
What a load of bullshit
I wouldn't use expletives but I catch your drift.
Is JJ Tabane really a professor???
@@AmoMoëti He paid alot for it
@@AndrewMcFarlane_1 😂🤣😂🤣
😂😂😂They voted ANC ...now they cry
JJ Tabane is a crybaby 😂
Crying on behalf of the people king🤣🤣🤣😭