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Thousands of peasants in all districts across Maharashtra on Wednesday marked the completion of six months of the farmers agitation outside Delhi borders seeking repeal of the three new farm laws, the Samyukta Kisan Morcha (SKM) said.
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Unintentional consequences of BEE policies are harming local businesses. That’s according to Telkom CEO Sipho Maseko, who has expressed concern over procurement polices which penalise the telecommunications provider for buying SA produced fibre cables instead of importing it. According to MyBroadband, Telkom purchases its cables from a SA-based company called CBI. While the company – which employs 900 people – is rated as a Level 4 BEE contributor (on a scale of 1-9, with 9 being non-compliant) the CEO said “it is creating a problem for South Africa when government punishes companies like Telkom for buying from local manufacturers with a Level 4 BEE rating.” To get around the regulations, he notes that it’s very easy for an importer to set a business up with just “two employees and get a Level 1 BEE score.” Maseko’s fears – shared with many South Africans – is that this is contributing to other economies, and not South Africa. “We are then contributing in de-i