Friday, 16 August 2019

THE DISEMPOWERMENT OF EMPOWERDEX....

I once lost a client (that shall not be named) because I strongly disagreed with how Empowerdex Cape Town was endorsing a long-winded and convoluted ED consultancy that delivered no real benefits to small black business i.e. +/- R2 million worth of diverted grant funding through an eerily complex structure with back-to-back contracts unnecessarily abusing the Modified Flow Through Principle. They issued this white-owned ED scam with an ED Recognition Certificate and then came back to verify the same information at the client via their Johannesburg branch…..Needless-to-say, I appreciated the client’s business, but I didn’t need it so I was happy to let them go on principle. I think Gobodo should call me, I feel like "Agrizzi-ing", LOL.… Sanele Kweyama anda twala Georgina Hlalele Duncan de Groot Do you remember the incident? #transformation #bbbee #murason #Empowerdex See the link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6524256610016063488-uUBD

CARTE BLANCHE EXPOSES BEE-EASY'S B-BBEE FRONTING ON MNET

This is the problem with the “WHITE-WASHING” of B-BBEE. I will be honest, in my experience, 75% of where the Consultants are White there is FRONTING. When called in usually by a concerned Executive or Dissenting Director, I always have to unbundle these fronting schemes, inform the clients about the risks of fronting and educate them about how proper B-BBEE compliance can support their business growth and sustainability goals through a “Conscious Capitalism” approach. This sham claims to be supported by Nashua on its website. See link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_bbbee-murason-transformation-activity-6531526347372666880-LYxT

B-BBEE NEWS: Annual B-BBEE report

This just in: The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act, which report shows that only 43% of the JSE listed entities and 10% of the organs of state submitted their annual compliance reports as required, with the majority clearly failing to comply. This year’s report shows no significant change in the levels of transformation with black ownership reflecting a decline to 25.2% black ownership from 27% in 2017 and management control still sitting at 38% for black people.......... https://lnkd.in/dY7crB4 ..........TIME FOR THE GOVERNMENT TO CRACK THE B-BBEE WHIP!!! #transformation #bbbee #murason #diversityandinclusion See link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6552278374721572864-5wHs

2019 B-BBEE amendments are good for business

The increase from 40% to 50% on procurement spend from 51% or more Black-Owned companies is GOOD FOR BUSINESS. Just in our portfolio of clients alone that represents almost R1 Billion in new supply chain opportunities for Black-Owned Businesses. #transformation #bbbee #murason #diversityandinclusion ...... Small Black-Owned Businesses "go and capitalise on this"
See link for more information: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6554320556764741632-WKwS

Wednesday, 27 March 2019

South Africa - Zimbabwe Bilateral Commission 2019...

Nelson Sebati: Respected by peers for being an excellent facilitator of B-BBEE & Transformation......

Regarding Nelson Sebati's input related to consulting, Training, Assessing and advising on B-BBEE, Peers, Clients & Colleagues commented as follows:
They continued by stating the following:
"It is really great to receive such responses from colleagues, clients and peers as these responses just ‘push’ me to try and improve on my already harnessed skills and extensive experience on B-BBEE, so that our nation can benefit as a whole. I really appreciate the faith that they have shown in my abilities", said Sebati.
Sebati concluded by saying "This clearly suggests that I embody the qualities of an effective empowerment advisor on several fronts."

Tuesday, 29 January 2019

HOW IT FEELS TO BE A BLACK SMME IN SOUTH AFRICA......

Imagine you are 7 years old again, you’re at an amusement park and you are soo excited that you finally get to ride the roller coaster all your friends have been raving about. You are in line. The anticipation is absolutely killing you! You wait and you wait, hours and hours pass, but adrenaline is pumping through you so fast you don't even notice. When you get to the front of the line after much time and patience, you are shown a sign that you hadn't seen all the way in the back of the line, it reads MUST BE THIS TALL TO RIDE ………OH NO!!!!!!!! You're exactly one inch too short! There's physically nothing you can do. You can't magically grow an inch in a second. You're distraught. You're angry. You feel like you just wasted your time and you're so sad that you don't know which way to turn except back to where you came from, home…….This is how trying to access large opportunities in the private sector and government supply chains feels like.