'Eskom has been burning a lot of money' - Ramaphosa says government feels intervention is needed

[Fulcrum29]

Ramaphosa responds to a question from DA leader John Steenhuisen. The policies of the past meant that white people were privileged over and above the black South Africans. We need to correct that.

The problem is that the current rules are an overcorrection, or so it is in my view.

 

[Fulcrum29]

Wait! I thought buying ships was the new priority?

Yes, creating more SOEs is the priority.

 

[TelkomUseless]

The problem is that the current rules are an overcorrection, or so it is in my view.

it's just code for allowing BEE tenders, cadres to loot. Nothing about fixing anything....

 

[Fulcrum29]

Ramaphosa says he looks forward to a cup of tea with Groenewald to discuss the matter further.

Ramaphosa tells Steenhuisen that they need to have a drink to discuss BBBEE further.

They should organise a Phala Phala braai.

 

[rvZA]

Affirmative action, BEE were introduced to address the imbalances of apartheid​

"So we took the gun and shot ourselves and all other black people right between the eyes."

 

[BeerIsNotGood...]

Oh my all the whiteys who had hope in Cyril...

 

[Moosedrool]

Ramaphosa says government feels intervention is needed​

No they burned it all there's nothing left for you.

 

[rvZA]

Oh my all the whiteys who had hope in Cyril...

There were indeed a very, very small number of white people who believed in CR. The biggest majority of white people knew what was coming, hence the reason most of them are sitting in the US, UK, Canada, Panama, France, Italy, Portugal, Germany, Netherlands, Australia, New Zealand today. Also the reason why there are no chance for a successful company in this country with all this knowledge, skills and experience gone.

 

[Fulcrum29]

Oh my all the whiteys who had hope in Cyril...

I liked him until he started to talk to ‘our’ people. Then some events which started to question his integrity. Ignoring all this, he is still the best ANC presidential candidate.

 

[mojoman]

Oh my all the whiteys who had hope in Cyril...

At the end of the day he was always part of the cANCer.... And has filled his sofas and mattresses...its chow time...

 

[grok]

You'd think if they wanted to uplift blacks so badly they'd have kept the economy strong, generated enough electricity to grow the economy & prevented corrupt morons Zuma to destroy our institutions and democracy?

Clowns and circuses tho, look north, the formula is for the elite to coin it after independence while the genpop starve. Great success!

Face it, Ramaphosa has no clue, the best that can be said about him is that he's slightly better than Zuma (well maybe, we don't know the full extend of Phala yet).

 

[rvZA]

You'd think if they wanted to uplift blacks so badly they'd have kept the economy strong, generated enough electricity to grow the economy & prevented corrupt morons Zuma to destroy our institutions and democracy?

Clowns and circuses tho, look north, the formula is for the elite to coin it after independence while the genpop starve. Great success!

Face it, Ramaphosa has no clue, the best that can be said about him is that he's slightly better than Zuma (well maybe, we don't know the full extend of Phala yet).

It was never about fixing the injustices of the past. It was never about uplifting black people. You cannot fix past mistakes. You cannot fix discrimination by implementing discrimination. You cannot grow an economy by getting rid of skills, experience and knowledge.

It was about corruption and stealing money between a few connected. The rest were played, used as pawns and excuses.

When Mandela announced AA and BEE he killed the country and the ANC. The demise was inevitable. Only a matter of time, which is now catching up.

 

[Benedict A55h0le]

The plan was clearly stated, to destroy the current economy, to build a new black economy from scratch.

 

[rvZA]

The plan was clearly stated, to destroy the current economy, to build a new black economy from scratch.

Even that idea would have been utterly retarded and not possible at all. But, they already knew that. I am leaning towards corruption and self-enrichment between a small number of connected people.

 

[The_MAC]

???

It's the other way around

#blacktax

 

[Temujin]

Maybe set up a commission to investigate?

 

[rvZA]

Maybe set up a commission to investigate?

A commission to investigate and protect the ANC from their own ideas and plans....

 

[Mike Hoxbig]

$8.5bn later:



"There, we went green"...

 

[PaulMurkin]

"Burning a lot of money"
No shyte, Ramapoes! What does your communist leanings say about it. Government intervention... hahahaha... Eskom aka Poeskom, is a SOE... so you're technically digging in your own fat nostrils

 

[Flanders]

Oh my all the whiteys who had hope in Cyril...