According to this article on News 24 and combining that information with this article on Times Live, we can quickly deduce that BHP Billiton is buying electricity at close to a quarter of the current production cost.
The current government/Eskom management will probably come up with some feeble excuse to blame the previous dispensation, but these contracts were signed in 1997, 3 years after the ANC took office. Continue reading Why are we funding electricity for a large mining house?
Like I’ve been saying all along, BEE in its current form is not working. And now it has been confirmed by another person
Where our current government went off the tracks was to try and get as many previously disadvantaged people into as many posts as possible, with dire consequences for our country. They neglected to make sure that the people they appointed had the necessary skills to perform before getting rid of the people that had the skills. It bit them, hard. Continue reading This is exactly where BEE in its current form fell short
It looks like government has gone for the legal way of corruption. On Friday I saw this article in The Star, ‘Joburg Roads CEO get R767 000 performance bonus’. (Do you think I could find a link to the article online?)
But hang on here, this cannot be, how can he get such a big performance bonus? Utter bullshit male bovine excrement.
Taking a step back here, lets see how a performance bonus works in the private sector.
Normally, you and your manager, or in the case of a CEO, you and the board set your objectives for the year. Then you get measured on these, most of the time on a 5 point scale, 1 meaning that you missed the boat completely, and you’re on your way out the door if you don’t pull up your socks in the next few months, and 5 meaning that you exceeded expectations on every one of the goals that we set. And in the middle, 3 means that you’re doing a good job. Continue reading Legalised Corruption
Last week, shocking revelations concerning the activities of the ANC Youth League spokesperson Nyiko Floyd Shivambu came to the fore. According to a letter published in various news outlets, a complaint was laid by 19 political journalists with the Secretary General of the ANC, against Shivambu. This complaint letter detailed attempts by Shivambu to leak a dossier to certain journalists, purporting to expose the money laundering practices of Dumisani Lubisi, a journalist at the City Press. The letter also detailed the intimidation that followed when these journalists refused to publish these revelations. Continue reading Bloggers for a Free Press #SpeakZA
For full disclosure, I’ve been a Nokia fanboy for many years, in fact I have not owned one non-Nokia phone. I’ve played with a number of other phones, but never for more than a few days. But in my opinion, Nokia’s UI is getting more stale than last week’s stock at your local greengrocer.
My last phone was the E71, which I absolutely loved, so I will draw some comparisons.
Sleek packaging, a BLACK box, half the size of the usual nokia boxes, but with the same amount of stuff in it.
Switching it on and starting the configuration was easy enough, it guides you through the initial parts, to the point where you can use the phone, but no more. Continue reading Blackberry Bold 9700