Government's plan to create a fund for startups

[Bradley Prior]

Government's plan to create a fund for startups

Minister of Communications and Digital Technologies Stella Ndabeni-Abrahams has outlined a plan for the government to help fund the development of digital skills in South Africa.

 

[KleinBoontjie]

Create a fund? Jissis......probably with my my tax/pension money

 

[op365]

Another fund... Let's call it TATLAR fund... Take All The Loot And Run fund... No thanks how about we not and say we did...

 

[Venom Maker]

**** have they not looted enough money from us !!!!!

 

[Sarg3_ZN]

Ah yes, the cadres are getting fatter, need a new gravy trough

 

[Apogee]

So in essence the SBDC with a focus on tech startups.

 

[KleinBoontjie]

So in essence the SBDC with a focus on looting.

ftfy

 

[borro]

nom nom.

 

[Peon]

I assume gov will have a selection criteria?

 

[haroldj]

More ways to steal our money, the funds won't reach the people it was supposed to, it's more money for ANC to fill their pockets with F**k sake.

 

[MrGray]

Just another way to enrich the chosen few.

Chances of this benefitting a worthy venture: zero.

 

[Wag]

Ace for FCO

 

[Bewlen]

Lots of diversion tactics and empty promises that they can throw at the next elections.... only to die a slow and unnoticed death after. Expect more of these "plans" in future.

 

[DailyTech]

More ways to steal our money, the funds won't reach the people it was supposed to, it's more money for ANC to fill their pockets with F**k sake.

Another BEE black hole

 

[Thor]

Nope this will be a massive failure

 

[Swa]

"Government wants to create a fund for black South African startups"
Or at least that's what the paper will say.

 

[borro]

The blindfolded horse will push cart with its head.

 

[envo]

so that they can loot it?

 

[Sl8er]

The words say:
"Government wants to create a fund for South African startups"

The words mean:
"We will take your money and deny it later like we always do"

 

[Sl8er]

Off-topic:
I had to change the gif...because those kids looked like they were having so much fun...and I couldn't help but smile...and that post isn't supposed to make you smile, dammit!
I mean...