It's kinda amazing to me that any techies stay there. Cape Town is beautiful yes, but so is New Zealand (where many Saffers such as my family emigrated to).
It's kinda amazing to me that any techies stay there. Cape Town is beautiful yes, but so is New Zealand (where many Saffers such as my family emigrated to).
So it is nightmare.
The real reason you can't operate in ZA is Empowerment, and what Google probably ran into. They can only own 49% of the business the start. They must find an empowerment partner (which means some black people, but they have no money so you have to give them their controlling 51% share) that happens to be a friend of the ANC (not a documented requirement, but I did mention corruption). So they will siphon funds out of the company, but if you have the right ones, you can win big government contracts such with the bailout money they keep getting.
The place is a banana republic - Live there, enjoy you cheap labour, great food, amazing geography, the wildlife, your personal security guards and inexpensive servants, but don't reside there and keep everything in another currency.
There's no evidence that Google ran into empowerment (BBBEE) roadblocks here. And that assertion about 49% ownership is quite incorrect. BBBEE doesn't actually work like that (1). A lot of factors go into scoring a company's empowerment rating.
1. https://en.wikipedia.org/wiki/Broad-Based_Black_Economic_Emp...
$3M USD / year turnover is a low bar these days and must apply all seven pillars of BBBEE to calculate their score as per the Generic Scorecard. - Black Ownership - 25 points - Black Management control - 15 points - Black Skills development – 20 points - Black Enterprise & Supplier development – 40 points - Black Socio-economic (SED) development 5 pts
So yeah, I need 51% Black ownership to get full points and again for management control points.
This is so racist my brain is bleeding, but it could be republished as a book on how to make a corrupt government.
From the Wikipedia article, "A general criticism can be made that wealthy and politically connected black individuals have been the real beneficiaries of BEE and not those still living in poverty. In fact, unemployment and inequality have both increased since the introduction of BBBEE policies.
In 2018 a surfacing argument is that BBBEE should be changed from a race-based policy to a policy that favours poverty regardless of skin colour. Apartheid was criticised exactly because of race-based legislation that favoured a minority based on skin colour and BBBEE once again has introduced race-based policies diverting South Africa's problems from endemic poverty to race. "
Both Amazon AWS and Oracle OCI have satellite development offices in Cape Town, and if anything they are hiring more and more.
gatvol = "fed up"
It disappoints me that so many fellow South Africans are seemingly oblivious to the audience they are interacting with and casually use local slang regardless.
Gatvol = hole is full
I told many an executive at KPN that I was opgewonde to work on their project. :)
:)
I found this interesting. I did not know that was a common migration. Is there any reason for that? I know they are similar latitudes but I'm guessing there's some other connection?
* UK - many families have ancestry that enables them to easily get UK/EU Visa's
* Australia - most common Visa is points-based. Aus is attractive because the climate and lifestyle are comparable
* New Zealand - Visa's are more accessible than Aus, some families move to NZ first as a route to Australia but as mentioned there are clusters of expats there too
* US - comparable climate depending on state
* Canada - points-based Visa's
* Panama - you can buy your way in on a ~$3000 visa