Discovery Bank's "no whites" share plan under fire

Swa

Honorary Master
Joined
May 4, 2012
Messages
31,215
I actually agree with EADC and I have also pointed it out in the initial thread on this topic. Solidarity isn’t tackling the problem, they are tackling an entity who have to abide by the ‘new’ B-BBEE Sector Charters which came into play in 2017.

Discovery Bank isn’t the issue or the human rights criminal, it is the dti. I would love to know how many Solidarity members who are titled to a business entity are abiding by the B-BBEE Sector Charters. It seems everyone is happy with a 10% empowered partner than having that 10% distributed in accordance with the Financial Sector BEE Charter.

Nobody wants to tackle the issue at the root but is willing to tackle an abiding entity to score political points.
Well was actually referring to something else he said.

But while on the subject it was also pointed out Discovery had numerous options including giving equal shares to blacks and whites or to sell at market value to blacks. The option they chose is one based purely on skin colour and does not benefit any of the "disadvantaged".
 

Bewlen

Expert Member
Joined
Apr 15, 2016
Messages
2,243
I don't get it. When black people were fighting against exclusion, it was all fine, noble and just. And they were right to do so, as they were fighting for their own survival and progression.
But now that white people are doing exactly that, we are wrong? Do black people think white people should just sit back and applaud their own exclusion, to their own detriment?
 

Tokolotshe

Honorary Master
Joined
Apr 20, 2005
Messages
12,137
I don't get it. When black people were fighting against exclusion, it was all fine, noble and just. And they were right to do so, as they were fighting for their own survival and progression.
But now that white people are doing exactly that, we are wrong? Do black people think white people should just sit back and applaud their exclusion to their own detriment?
The more things change, the more they stay the same. Who says history does not repeat - the real history that is? What we have is the result of JvR 2000 arriving yrs ago. It suites the narrative. Everybody wants a free lunch now.
 

John_Phoenix

Expert Member
Joined
Jul 8, 2017
Messages
1,087
Maybe we should have a list of no white companies. I support my country when my country supports me.

Sorry to break it to you, but "your country" sees you as the enemy. You are only good if you can give them free money. You are a walking atm, that could fall off a cliff tomorrow and no one would bat an eyelid.

Want a demo, if you are ever injured in public, gen pop will first lift your valuables, pat you down before attempting to help, if you're lucky.
 

REAList_1

Senior Member
Joined
Oct 12, 2011
Messages
825
I see they reckon this venture is more expensive than they thought.
Just wait until they don't attract white customers...
 

KleinBoontjie

Honorary Master
Joined
Jul 30, 2010
Messages
14,607
This bank won't have any money baring customer accounts, if they loose all that white privilege money. Well, they can always fund it with all the money they make via their medical aid venture/racket.
 
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dunkyd

Executive Member
Joined
Mar 5, 2009
Messages
5,626
This bank won't have any money baring customer accounts, if they loose all that white privilege money. Well, they can always fund it with all the money they make via their medical aid venture.
They already using wife's stroke therapy money......
 

Vrotappel

Bulls fan
Joined
Feb 22, 2005
Messages
25,978
I actually agree with EADC and I have also pointed it out in the initial thread on this topic. Solidarity isn’t tackling the problem, they are tackling an entity who have to abide by the ‘new’ B-BBEE Sector Charters which came into play in 2017.

Discovery Bank isn’t the issue or the human rights criminal, it is the dti. I would love to know how many Solidarity members who are titled to a business entity are abiding by the B-BBEE Sector Charters. It seems everyone is happy with a 10% empowered partner than having that 10% distributed in accordance with the Financial Sector BEE Charter.

Nobody wants to tackle the issue at the root but is willing to tackle an abiding entity to score political points.

The problem is our constitution that allows this racial discrimination.
 

ekske1

Executive Member
Joined
Apr 22, 2017
Messages
5,070
I don't get it. When black people were fighting against exclusion, it was all fine, noble and just. And they were right to do so, as they were fighting for their own survival and progression.
But now that white people are doing exactly that, we are wrong? Do black people think white people should just sit back and applaud their own exclusion, to their own detriment?
Blacks has the copyright and registered trademarks for racism, the struggle and apartheid.

Known your place
 

Antono

Well-Known Member
Joined
Apr 18, 2005
Messages
279
This man is an idiot of note and is only interested in aligning himself with the corrupt government in order to line his pockets, as if it needs any more lining. The most amazing part of the article must be this sentence - 'It explained that its primary goal is to build a bank that is progressive, nation building and rewarding for its customers. '

HTF does excluding any part of the population contribute towards nation building EXCEPT if you consider those excluded as not being part of the nation.

I do not think any white person needs an invitation to stay away from the bank but the unfortunate truth is that many, many whites contribute towards this 'initiative' by virtue of the fact that they are part of a medical/insurance scheme backed by discovery as part of their CTC with no way to opt out. And this wannabe gangsta knows this.
 
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