Black Business Council takes aim at Mteto Nyati for criticising BEE rules at Eskom

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Black Business Council slams Eskom director for criticising BEE rules

The Black Business Council (BBC) has slammed Eskom board member and former MTN CEO Mteto Nyati for his statement that South Africa's empowerment rules hamper the power utility's performance.

The BBC believes Nyati's words are a deliberate diversion from improving its Energy Availability Factor to 75% and providing South Africans with a reliable electricity supply.
 
Not to ignore that the BBC's chair also serves on Cyril's, or otherwise the state's, BEE advisory board, and that the state regularly meets with the BBC. They do have political sway.

I only hope that Nyati don’t respond directly, but allow the results to do the speaking… the problem being that they won’t get their exemptions.

From reading the article, I think that there will be a response,

“The BBC has requested an urgent meeting with the Eskom Board to be clarified about the interview and to understand whether Mr Nyati’s purported views represent the views of Eskom.”

there is simply no room to undermine 'excellence'.
 
Black Business Cocks slam Eskom director for criticising BEE rules

The Black Business Cocks (BBC) have slammed Eskom board member and former MTN CEO Mteto Nyati for his statement that South Africa's empowerment rules hamper the power utility's performance.

The BBC believes Nyati's words are a deliberate diversion from improving its Energy Availability Factor to 75% and providing South Africans with a reliable electricity supply.
Simple edits...
 
The ironic part to all this is that Nyani didn't promote 'whiteness' or so to speak. He argues that their data shows problems which need to be addressed, then he named some problems.

I see Business Live published this opinion piece,


MTETO NYATI: The forgotten goal of leadership​

It is time for us to take a stand, to demand more from all of our leaders​

What is wrong with our leaders of today? Has the bar been set so low? Across the board — in politics, business, labour unions, the church and broader society — we see self-serving leaders who have no regard for the people they lead.

The pursuit of power is their over-arching goal. It occupies their every waking moment. How interesting it is to see the transformation that takes place when they come to power! They change overnight. They forget their lofty promises. Behaviours that used to disgust them they now embrace with ease.

Our leaders yearn for control. Power goes to their heads. They see their positions as giving them the authority to instruct others to obey without questioning. They thrive on directing others even in areas where they themselves lack knowledge and expertise. They make policy and strategic decisions without the much-needed research that leads to insightful action.


They sideline the technocrats, removing them from important decisions. They come to believe that they own people. It is all about their own egos and what they can gain for themselves. They exploit others to suit their own self-serving ends.

In a country with the highest inequality in the world, it’s all about personal wealth accumulation for our leaders. Most organisations have checks and balances to try to control this. But our leaders make it their mission to break down these controls and render them ineffective, so that they can line their own pockets.

Their influence is everywhere. They deploy their puppets in procurement. They fill tender committees with their cronies. They fill their boards with lackeys who will sanction large-scale looting. This is all done in the name of radical economic transformation.

Continued

Note: Nyati, a former Altron CEO, chairs Wazo Investments and is a member of the MBA Advisory Committee at Wits Business School. This article is an adaptation of a speech he gave at the school’s “100 Minutes of Business Talk” in celebration of the centenary of Wits University in September.

This is a recent speech he made. As I said, he is a realist.
 
The Black Business Council is just the ANC's version of die Afrikaner-Broederbond so relax people.

The planned plan to plan the plan is in full swing.
 
BBC just trying to keep their graving flowing.

When last did SA have a black excellence event/reason? We just have **** all the way.... load shedding, taps running dry....
 
The Black Business Council is just the ANC's version of die Afrikaner-Broederbond so relax people.

The planned plan to plan the plan is in full swing.

Still, they are making noise to convince the populace that Nyati is mistaken. For all I know, they will harden policy in response. The EFF already chimed in.

I am curious who nominated Nyati as board member? Feathers have been rustled.
 
Well, the BBC is not wrong here. If you want to collapse the economy and make sure black people are unemployed and can be managed easily, you do not need people coming with logic on how to save the economy.
 
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