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Thursday, February 9, 2012

To BBBEEE or not to BBBEEE


The ruling party has gone to new extremes. I had found to my horror that one large company had given away 1/3 of the company to BBBEEE. I could only but shake my head and wonder. Legalized theft. How did this happen in a 'democratic' society? What is also annoying is the new proposal on the Liquor Law. Now, most people only read as far as the bit that stated that it would be illegal for a pregnant woman to buy alcohol. But they should have read a little bit more.
As it turns out, all new liquor licences must have BBBEEE or failing that, black economic empowerment status of the applicant indicating the shareholding, member's interest or partnership structure. It goes on to say that the MEC is allowed to insist that by a determined period ALL liquor license holder's must have BBBEEE.
This doesn't sound that good at all, now does it?
But let's first work with the pregnant bit first. How exactly will the police, well, police that one? Will they be counting on civilians to do the job for them? This is like the law that was passed making it illegal for parents with children under the age of five to smoke in their own home/car in said child's presence. They both have the same problem – completely unmanageable. Then again, the police are more interesting in doing what the bosses tell them – that being the criminals they are working for.
Now then.
Where does the new liquor law place me? Do I know have to give say 5% of my company away to my cleaner (not that I have one.)
I suppose that one way around this one is to sell it to a black man – and what if he cannot afford it? In my opinion he can pay it off. By working for free.
I have never received a free lunch with some sort of attachment to go with it, I really don't see why I should make someone else rich when I'm trying to do that for myself. Hell, I might as well close both bars and look for a boss.

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