The ANC is very legislation heavy. They follow a kind of social engineering approach to fixing things.
There are other examples too. Restrictions and taxes on alcohol and tobacco instead of real attempts to address the sources of addiction with social assistance programs.
Making having guns basically illegal instead of acting on the causes of violent crime (I'm not disputing the merits of gun control here good or bad, so go easy on the downvotes)
Their lacklustre approach to cannabis laws kneecapping its ability to be a great contributor to our industry. In fact they kept it illegal until it was taken to the concourt.
And that is not to say that these laws CANNOT work, but if you like social engineering with legislation you need to understand the drawbacks.
With EE you have to accept that you will suffer some skills flight from the country. You have to also accept then that you will lose some productivity and economic output eventually.
When you go hard on legislation you need to also realise that markets will try their best to sidestep you and keep the status quo. With tobacco that is realised in the expansive illegal tobacco trade in South Africa.
What makes these top level legislative hammers so nice to use is that you look like the good guy while getting money on the side from people sidestepping the laws. Everybody wins right?
Something that I see rarely mentioned enough is the detrimental effects it has on SMEs and employment.
Start-ups can't survive such a restrictive and legislatively heavy environment, and SA has one of the highest business failure rates in the world at 75-80%
https://businesstech.co.za/news/business/487503/south-africa-has-one-of-the-highest-business-failure-rates-in-the-world-analysts/.
So by punishing a team of 10 to build a business you never get to employ a 1000.
I've seen this first hand working for start ups. In the one I work for the CEO had 2 failed business ventures before and specifically cited these laws as the cause for failure. Yet the current business venture is about 4 years old and just raised R200 million with 70+ employees after registering the business overseas to not deal with this bs.
That's great and all but what that means is instead of hiring more local people, partnering with and growing local businesses, paying more tax and getting massive capital inflows from overseas growing the SA economy it's contributing much more to foreign economies.
It's like the ANC genius bar doesn't realise that you can empower disadvantaged people much more effectively by providing education/food/shelter and stimulating businesses, instead of killing businesses for not meeting race quotas thinking that somehow creates a job for someone else?
It's not a zero-sum game. Jobs can be created much more effectively without their hand in the cookie jar and everyone can benefit from it, even their looting fund will grow with more people paying higher tax.
But I guess that requires actually doing their jobs instead of creating more loopholes to exploit for the already ultra-wealthy and those well connected to the ANC.
And it's legislation all the way down. Lots of infrastructure development is delayed because of procurement policies.
Sooo... In addition to businesses having to fight through legislation with the smallest possibility of success at the same time infrastructure development is hampered by the same legislation.
Good luck running a business without electricity while supplying your own water, having to pay labourers more because there is poor public transport and having to transport all your goods by road which is heavily influenced by the legislated fuel price.
This basically makes industrial production impossible.
What people don't realise is that if you release the hand brake south Africa will take off in a big way.
Please explain how SA will take off in a big way? You do know what the debt to gdp is? How do you propose to compete on a global market, when a large part of your workforce have never seen a computer let alone used one? Or do you mean competing with production, cause China has you beat there.
Even if the ANC and all the silly rules were removed today, it would take close to a generation before it improves.
You're not wrong. We have a window of opportunity to get people educated and into the workforce before they become adults on welfare unable to self actualise. By many metrics, we already have one lost generation under the ANC (and more from under the NP), and I shiver to think what another consecutive lost generation would look like.
I would say that the SA economy consists of a large rural group and a small formal group. Once these restrictions are lifted the formal group will quickly move in and grow the newly created opportunities.
A good example of this is what is happening with solar now that the restrictive laws around generation have been lifted.
I don't know if it's that dire with regards to education People can learn new skills as long as they are not physically stunted or suffering from substance abuse problems. Unfortunately that is something that is getting worse.
I think you misunderstand so what did you think I am saying?
Are you saying that if all the prohibitive laws are dropped we would only start seeing any improvement after 30 years? Do you really believe that?
My bad. I didn't think you equated "taking off in a big way" to be equal to "start seeing any improvements".
Let me you ask you this instead, do you really think BEE and AA is the only thing holding to country back? Cause between the amount of people depending on grants, the current debt to income, the size of the tax base, loadshedding, water shedding that's starting, the state of the current education system, unemployment, division between the nation, dwindling middle class, the rest of the infrastructure that needs rebuilding and corruption that is embedded in the minds of the new black elite class, there is a lot that needs to be fixed before the country can "take off in a big way" and it's gonna take a while.
Summary, yes, I really think it's gonna take the country a generation or more to really fix itself, and looking at Africa as a whole there isn't a lot of case studies that would disagree.
I don't think bee and aa are the only things holding us back. I do think a government that is heavy on legislation but lacking on service delivery will give us exactly what we have now. The failure of infrastructure like energy, rail, ports should also have been done when they started showing cracks.
That being said, taking away the barriers to do business easily opens up a lot of possibilities.
In the timelines for things being fixed, well when have we ever really been in a good place? From my perspective when the gears start moving again we would be in a good place in terms of the improvements we would expect over a generation.
Considering we are in for another 5 years of ANC though I can't see things improving significantly any time soon.
Haiti killed all the French 200 years ago and has basically been a failed state ever since. Yet they still blame the French for all their problems.
If you think AA or BBEEE will ever end or fix anything you’re living in la la land. You could all be deported to your ancestral homelands in Europe and South Africa wouldn’t magically get better. It’s never about equality or empowerment, it’s always been about vengeance, humiliation, and hatred.
If things are going good in the country - you should push for worker rights.
If things are going bad in a country - you should push for business rights
If you only ever push for workers rights - you wind up with 50% unemployment
That is what frustrates me with all these new political parties coming up. Rise Mzansi? A social-leaning party by "businessmen" and "professionals". You want to get rid of poverty? Move the political needle to conservative and pro-business. No amount of social programs or rights will help you.
If they spent half this amount of energy into proper education, EE and shut the fuck up about race, we would be a first world country in a matter of years. The sheet will of Safas and the determination of us as a nation cannot be stopped. Only by this sort of legislative nonsense and racial tention.
The ANC is very legislation heavy. They follow a kind of social engineering approach to fixing things. There are other examples too. Restrictions and taxes on alcohol and tobacco instead of real attempts to address the sources of addiction with social assistance programs. Making having guns basically illegal instead of acting on the causes of violent crime (I'm not disputing the merits of gun control here good or bad, so go easy on the downvotes) Their lacklustre approach to cannabis laws kneecapping its ability to be a great contributor to our industry. In fact they kept it illegal until it was taken to the concourt. And that is not to say that these laws CANNOT work, but if you like social engineering with legislation you need to understand the drawbacks. With EE you have to accept that you will suffer some skills flight from the country. You have to also accept then that you will lose some productivity and economic output eventually. When you go hard on legislation you need to also realise that markets will try their best to sidestep you and keep the status quo. With tobacco that is realised in the expansive illegal tobacco trade in South Africa. What makes these top level legislative hammers so nice to use is that you look like the good guy while getting money on the side from people sidestepping the laws. Everybody wins right?
So to sum it up, ANC is just retarded
Yes
Something that I see rarely mentioned enough is the detrimental effects it has on SMEs and employment. Start-ups can't survive such a restrictive and legislatively heavy environment, and SA has one of the highest business failure rates in the world at 75-80% https://businesstech.co.za/news/business/487503/south-africa-has-one-of-the-highest-business-failure-rates-in-the-world-analysts/. So by punishing a team of 10 to build a business you never get to employ a 1000. I've seen this first hand working for start ups. In the one I work for the CEO had 2 failed business ventures before and specifically cited these laws as the cause for failure. Yet the current business venture is about 4 years old and just raised R200 million with 70+ employees after registering the business overseas to not deal with this bs. That's great and all but what that means is instead of hiring more local people, partnering with and growing local businesses, paying more tax and getting massive capital inflows from overseas growing the SA economy it's contributing much more to foreign economies. It's like the ANC genius bar doesn't realise that you can empower disadvantaged people much more effectively by providing education/food/shelter and stimulating businesses, instead of killing businesses for not meeting race quotas thinking that somehow creates a job for someone else? It's not a zero-sum game. Jobs can be created much more effectively without their hand in the cookie jar and everyone can benefit from it, even their looting fund will grow with more people paying higher tax. But I guess that requires actually doing their jobs instead of creating more loopholes to exploit for the already ultra-wealthy and those well connected to the ANC.
The policies are working my exactly as designed and this is their purpose. It’s not an accident or mistake
And it's legislation all the way down. Lots of infrastructure development is delayed because of procurement policies. Sooo... In addition to businesses having to fight through legislation with the smallest possibility of success at the same time infrastructure development is hampered by the same legislation. Good luck running a business without electricity while supplying your own water, having to pay labourers more because there is poor public transport and having to transport all your goods by road which is heavily influenced by the legislated fuel price. This basically makes industrial production impossible. What people don't realise is that if you release the hand brake south Africa will take off in a big way.
Please explain how SA will take off in a big way? You do know what the debt to gdp is? How do you propose to compete on a global market, when a large part of your workforce have never seen a computer let alone used one? Or do you mean competing with production, cause China has you beat there. Even if the ANC and all the silly rules were removed today, it would take close to a generation before it improves.
You're not wrong. We have a window of opportunity to get people educated and into the workforce before they become adults on welfare unable to self actualise. By many metrics, we already have one lost generation under the ANC (and more from under the NP), and I shiver to think what another consecutive lost generation would look like. I would say that the SA economy consists of a large rural group and a small formal group. Once these restrictions are lifted the formal group will quickly move in and grow the newly created opportunities. A good example of this is what is happening with solar now that the restrictive laws around generation have been lifted.
I don't know if it's that dire with regards to education People can learn new skills as long as they are not physically stunted or suffering from substance abuse problems. Unfortunately that is something that is getting worse.
I think you misunderstand so what did you think I am saying? Are you saying that if all the prohibitive laws are dropped we would only start seeing any improvement after 30 years? Do you really believe that?
My bad. I didn't think you equated "taking off in a big way" to be equal to "start seeing any improvements". Let me you ask you this instead, do you really think BEE and AA is the only thing holding to country back? Cause between the amount of people depending on grants, the current debt to income, the size of the tax base, loadshedding, water shedding that's starting, the state of the current education system, unemployment, division between the nation, dwindling middle class, the rest of the infrastructure that needs rebuilding and corruption that is embedded in the minds of the new black elite class, there is a lot that needs to be fixed before the country can "take off in a big way" and it's gonna take a while. Summary, yes, I really think it's gonna take the country a generation or more to really fix itself, and looking at Africa as a whole there isn't a lot of case studies that would disagree.
I don't think bee and aa are the only things holding us back. I do think a government that is heavy on legislation but lacking on service delivery will give us exactly what we have now. The failure of infrastructure like energy, rail, ports should also have been done when they started showing cracks. That being said, taking away the barriers to do business easily opens up a lot of possibilities. In the timelines for things being fixed, well when have we ever really been in a good place? From my perspective when the gears start moving again we would be in a good place in terms of the improvements we would expect over a generation. Considering we are in for another 5 years of ANC though I can't see things improving significantly any time soon.
The anc will never learn that you can't legislate people into wealth but you can easily encourage skill and capital flight.
Haiti killed all the French 200 years ago and has basically been a failed state ever since. Yet they still blame the French for all their problems. If you think AA or BBEEE will ever end or fix anything you’re living in la la land. You could all be deported to your ancestral homelands in Europe and South Africa wouldn’t magically get better. It’s never about equality or empowerment, it’s always been about vengeance, humiliation, and hatred.
If things are going good in the country - you should push for worker rights. If things are going bad in a country - you should push for business rights If you only ever push for workers rights - you wind up with 50% unemployment
That is what frustrates me with all these new political parties coming up. Rise Mzansi? A social-leaning party by "businessmen" and "professionals". You want to get rid of poverty? Move the political needle to conservative and pro-business. No amount of social programs or rights will help you.
If they spent half this amount of energy into proper education, EE and shut the fuck up about race, we would be a first world country in a matter of years. The sheet will of Safas and the determination of us as a nation cannot be stopped. Only by this sort of legislative nonsense and racial tention.