BEE policy has serious consequences
I am dismayed by Sikonathi Mantshantsha’s column “In trouble? Rent a darkie” (Between the Chains, April 19-25).
When we have legislation that promotes affirmative action at any cost, corporations will have no choice when hiring but to give first prize to a black woman — irrespective of her work experience — and second prize to a Zimbabwean black male who has some experience.
The point, as offensive as it is, is that affirmative action has come at a terrible cost. This is manifested in a disastrous gross national product growth rate over the past 10 years.
Consider the Steinhoff venture, which is allegedly fraudulent and quite rightly categorised as suspected white criminality. What we see here is the ability of executives to engage in a Ponzi scheme while abetted by a lack of regulatory oversight and the destruction of prosecutorial authority — victims of political appointees whose only qualification was to underwrite the looting of the ruling class.
Until the captains of industry can demand the end of legislation that promotes incompetence over exceptionalism, we will continue in this downward spiral of trying to fix crises by recruiting “young black professionals” to save the day.
Mantshantsha should rather address the real cost to many young black professionals who were appointed to positions way beyond their competence. The Financial Mail will give away a bottle of whisky each month for the best letter to the editor. The editor will choose the winner and his decision will be final.