Weekend news wrap up with Bob Mabena – 31 May 2015
Sunday times is a fascinating read this weekend, with Phylicia Oppelt attempting to justify last week’s front page story on Trevor Noah’s misfortunes. The obvious front page story is the SAFA and FIFA stinker – that story has thuggery and American demagoguery and narcissism. Today, I won’t venture into that territory AND, I choose to also ignore the Nkandla soap opera. Let’s turn our attention to the Liberation movement that is struggling to evolve from the jungle to the executive code. According to the Sunday Times, the ANC will bring about some sweeping changes in preparation for the next elections. Lets go through a few “changes” on the horizon from Luthuli House: Municipalities to respond to complaints within three days; ANC leaders to elevate their social media statuses – A great account for Kuli Roberts Selfie school – and, but not limited to removing incompetent councillors. Now, I read this article and I thought to myself, well, all of this is like an afterthought that manifested with a bottle of Johnny. Knee-jerk reaction if you ask me. Why didn’t they think of such obvious things that don’t even need Gwede Mantashe to preside over. It’s not going to be easy for them to change structures at that level or even to attend to constituency requests within three days. By the way, how is the president’s hotline doing?
About Sepp Blatter – all I can say about the Americans investigating Football or “Saccer” as they call it, is that the Yanks have never really lost a fight since they got their hamburger behind kicked in the Vietnam war and Bush embarrassed by Saddam Hussein – they hate to lose and they are definitely going for Teflon Blatter. Be warned; THERE WILL BE BLOOD!
Business times leads with ANOTHER bungling by President Zuma’s administration and it centres on the sale of Ronnie Ntuli’s shares in Comair. Ntuli’s Thelo Empowerment Consortium recently sold its 6.1 stake in Comair and made a handsome profit – nothing wrong with that. Here is the big obstacle though; Comair now has no BEE partner. In order to re-align their BEE strategy, Comair has to move quickly and get a “replacement” Empowered partner. They unfortunately cannot do that because government’s policy on “new” codes is very confusing and obtuse. On the other hand, I see this disease that has paralyzed any effort at genuine empowerment. Here is where I am going with this: Comair CEO, Erik Venter is frustrated because he claims that the company was about to put in place an employee share scheme. This fantastic opportunity for employees is now evaporating because Comair may not get any points if the revision of the codes sticks. On bended knee, I ask this question – Mr. Venter Sir, are you chasing ticking “irritating” compliance boxes or do you not genuinely believe that business in this country needs at heart? Surely out of the goodness of your heart and also sympathy towards disenfranchised employees, an employee share scheme is the right thing to do, irrespective of BEE codes! Most South African blue chip companies just simply don’t do empowerment deals from the heart. Comair is proof that these companies are just ticking “irritating” boxes – just do it Mr. Venter, because you haven’t forgotten how we got here in the first place!
And finally, a light at the end of the Spy vs Spy saga with our beleaguered Spooks. Let’s set aside the fact that condemned Director of Prosecutions, Mxolisi Nxasana was asking for R6 million to ride off into the sunset and focus on his final decision to leave the NPA. All eyes will be on who the president will bestow this poisoned chalice. This post is like being a coach in the PSL. The revolving door is quite busy and it just won’t stop or slow down. Your pick for the next head of the NPA is as good or as bad as mine. Shall we throw the dice now?
In closing. Yes, the Tutu’s have made headlines yet again. Read all about it! Poor Arch…..