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'Companies in South Africa that deal with the government or parastatals must be empowered as required by the Preferential Procurement Act.' Business is measure
by dade_ 7y ago
'Companies in South Africa that deal with the government or parastatals must be empowered as required by the Preferential Procurement Act.'
Business is measured by revenue, not the price of a service. I assumed it is obvious to everyone here that everything these companies do is for a profit, regardless of the price tag to the consumer.
- skc 7y agoStill doesn't pass the smell test since Google, Amazon and Microsoft among others continue to increase their presence in South Africa.
- dade_ 7y agoDifferent scenario. I am expanding the work I have done in South Africa too, it works out well other than load-shedding. I get great resources that speak English with a mysterious accent in a European timezone and I pay them with Monopoly money. Empowerment is a 50% profit factor for their local business, but the numbers are good enough to cover it.