Comments on: This BEE Does Not Sting http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/ The official Web log of Great Decisions 2007 Sat, 22 Nov 2008 22:57:46 +0000 http://wordpress.org/?v=wordpress-mu-1.0 by: Derek Catsam http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/#comment-1033 Mon, 21 Apr 2008 18:59:52 +0000 http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/#comment-1033 Two good points, though I think I may lose the plot a bit with regard to the concrete arguments you both are making. I'm not certain how a broad-based program could be bad, but i do not consider myself an expert on economic interests. As for SASOL having to make the deal, I'll trust that you know more than I do, but surely that does not mean that good cannot come out of the deal. I'd be happy to hear more critical commentary, but I'm not certain how this deal is a bad thing. Thanks -- dc Two good points, though I think I may lose the plot a bit with regard to the concrete arguments you both are making. I’m not certain how a broad-based program could be bad, but i do not consider myself an expert on economic interests. As for SASOL having to make the deal, I’ll trust that you know more than I do, but surely that does not mean that good cannot come out of the deal. I’d be happy to hear more critical commentary, but I’m not certain how this deal is a bad thing.

Thanks –
dc

]]> by: someone http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/#comment-1030 Sat, 19 Apr 2008 20:13:07 +0000 http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/#comment-1030 Think carefully- Sasol did this deal because they had to. In fact the entire deal is actually quite clever given the BBBEE legislation, and the failure of the ANC government to provide proper education. Watch as the employees who were exluded from this deal, and are part of the Sasol engine, depart. Again say thanks to our incompentent government. P.S. I work for Sasol - this article completely omits the issues of real relevanmce Think carefully- Sasol did this deal because they had to. In fact the entire deal is actually quite clever given the BBBEE legislation, and the failure of the ANC government to provide proper education. Watch as the employees who were exluded from this deal, and are part of the Sasol engine, depart. Again say thanks to our incompentent government.
P.S. I work for Sasol - this article completely omits the issues of real relevanmce

]]> by: Skeptic http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/#comment-1022 Tue, 15 Apr 2008 02:05:03 +0000 http://southafrica.foreignpolicyblogs.com/2008/04/08/this-bee-does-not-sting/#comment-1022 Of course, the Economist does not say why this being a more "broad based" program is better. Better for whom? The shareholders of Sasol, the employees, the citizens of the country? Why are the high profile BEE "personalities" bad? This is a policy supported by the government, when the benefits are viewed as broad or narrow. The Economists' blessing of this particular transaction only speaks to their mute voice on past transactions. Of course, the Economist does not say why this being a more “broad based” program is better. Better for whom? The shareholders of Sasol, the employees, the citizens of the country? Why are the high profile BEE “personalities” bad? This is a policy supported by the government, when the benefits are viewed as broad or narrow. The Economists’ blessing of this particular transaction only speaks to their mute voice on past transactions.

]]>