Sakeliga @Sakeliga
Solutions to state failure. For a thriving economy. sakeliga.co.za/en/impact Pretoria | Stellenbosch Joined July 2013-
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Sakeliga pays tribute to influential business leader Dr Sam Motsuenyane, who passed away yesterday at the age of 97. He set an admirable example as a successful businessman, committed philanthropist, & promotor of self-reliance and market solutions instead of state intervention.
The Solution ⬇️ We must: ✅ Publicly expose and oppose the PPRA's plans. ✅ Bring a court case to free the industry from BEE prerequisites. ✅ Prevent the state from making BEE an entry requirement across the economy. Get involved today ✔️ x.com/sakeliga/statu…
The Solution ⬇️ We must: ✅ Publicly expose and oppose the PPRA's plans. ✅ Bring a court case to free the industry from BEE prerequisites. ✅ Prevent the state from making BEE an entry requirement across the economy. Get involved today ✔️ x.com/sakeliga/statu…
Who is Affected? > Estate agents, developers, management agents, landlords, auctioneers, bond originators, & other “property practitioners” as defined by legislation. > Their clients and customers across the economy. > Most at risk: small, medium, and family-owned businesses.
INDUSTRY THREAT⚠️ ATTENTION PROPERTY PRACTITIONERS ⬇️ The state plans to make it illegal for property businesses with less than 40 points on a BEE scorecard to operate. ✅ Support Sakeliga to stop this unconstitutional threat. TAKE ACTION NOW ⬇️ bit.ly/4bbjERF
However, presently no legislation Sakeliga is aware of compels financial institutions to participate in or certify their businesses’ racial profile under the B-BBEE Act.
In March, the FSTC demanded that all financial institutions – from individual brokers to large corporates – provide evidence of their B-BBEE status. Many FSPs now appear to be under the impression that non-compliance may result in formal statutory sanctions against them.
LATEST: Sakeliga questions FSTC’s authority to compel BEE reporting FULL STATEMENT ⬇️ sakeliga.co.za/en/sakeliga-qu… The FSTC appears to be overreaching by demanding B-BBEE reporting from financial institutions.
BEE professes to seek empowerment, but in fact requires businesses to jeopardise their mission of value-generation for adherence to bureaucratic, racial political directives. Instead of encouraging value creation, BEE adds layer upon layer of structural cost to doing business.
BEE professes to seek empowerment, but in fact requires businesses to jeopardise their mission of value-generation for adherence to bureaucratic, racial political directives. Instead of encouraging value creation, BEE adds layer upon layer of structural cost to doing business.
We encourage responsible businesses and members of the public to oppose and resist the Expropriation Bill. An important way to do so is by supporting organisations, like Sakeliga, capable of leading that charge. sakeliga.co.za/en/
The concept of property, like the rule of law, forms part of the foundational essence of constitutionalism itself. Without respect for property, a host of constitutional provisions and checks on power become meaningless, and business and employment creation severely threatened.
It's not sufficient merely to hope that such legislation will be reversed by political change. Successful opposition requires extensive litigation and sustained pressure, obstruction, & intervention beyond litigation, until the objectionable sections become sterile in practice.
To the extent that the Expropriation Bill were to become operational, it would be a serious blow to security of property and by extension to the very constitutionality of the South African order.
LATEST: EXPROPRIATION BILL - Businesses and civil society must resolutely oppose property confiscation FULL STATEMENT ⬇️ sakeliga.co.za/en/expropriati… Sakeliga stands ready to litigate on the matter. We encourage responsible businesses to oppose and resist the Expropriation Bill.
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Somebody has to fight back against regulatory overreach. Good on you @Sakeliga!
LATEST: Sakeliga questions FSTC’s authority to compel BEE reporting FULL STATEMENT ⬇️ sakeliga.co.za/en/sakeliga-qu… The FSTC appears to be overreaching by demanding B-BBEE reporting from financial institutions.
Oor die 3000 buffelplase in SA - alles te danke aan die privaat wildboere en jagindustrie in Suidelike Afrika. Die 1000 trofees wat per jaar uitgevoer word en duisende ander jagtogte finansier volhoubare wilboerdery en bewaring. Richard York van @WRSAwild by KragDag Weskaap 2024
Another good win for @Sakeliga
LATEST: Sakeliga wins court case against illegal municipal collections FULL STATEMENT ⬇️ sakeliga.co.za/en/sakeliga-wi… The court order helps to protect businesspeople and other residents from unlawful and unaffordable municipal collections in their towns.
@AdoptingBTCcpt @RussLamberti @Sakeliga Loved this presentation! Speaks to the resilience of South Africans and the ability of the private sector to get things done in the face of persistent and ever-worsening state failure. 👏👏
In anticipation of Adopting #Bitcoin Cape Town 2025, have a look at what went down in January 2024. Watch @RussLamberti, Executive Director of @Sakeliga, discuss strategies for developing scalable solutions to state failure. youtu.be/ggAh-AmafyY?si…
@Sakeliga @pietleroux @RussLamberti Well done, you and your teams are all remnants, true patriots.
If you are in the financial services sector you should be supporting Sakeliga in this fight
LATEST: FSCA preparing to demand BEE prerequisites from financial services providers FULL STATEMENT ⬇️ sakeliga.co.za/en/fsca-prepar… An MoU signed between the FSCA and the BEE Commission this week indicates escalating risk of BEE demands in the financial services industry.
You should be donating your money to organisations like Sakeliga. They are fighting on your behalf and should have everyone right minded person’s support.
Sakeliga and responsible business communities will resist 3rd Wave BEE inside and outside the courts. OUR GOAL ➡️ debunk, resist, and end BEE because it is harmful.
Few things are as important as uncovering these answers and sharing them.
In case you missed it ⬇️ Sakeliga continues to press for official answers on lockdowns. Lockdowns had severe short-term and long-term consequences. Our goal is to ensure that the state cannot again initiate such catastrophic interventions on the basis of untransparent processes,…
Definite case where businesses should MAN up.
LATEST: Employers are in a strong position against new employment quotas FULL STATEMENT ⬇️ sakeliga.co.za/en/employers-a… Sakeliga advises businesspeople to remain firm and not make any changes to their employment policies for the sake of the Amendment Act and the draft regulations.
Good. Support @Sakeliga
LATEST: Employers are in a strong position against new employment quotas FULL STATEMENT ⬇️ sakeliga.co.za/en/employers-a… Sakeliga advises businesspeople to remain firm and not make any changes to their employment policies for the sake of the Amendment Act and the draft regulations.
Down for a quick visit to the Cape this week. @Sakeliga attending receptions of foreign delegations in Cape Town, and working with funders, partners and our team in Stellenbosch.
@RussLamberti representing @Sakeliga at Adopting Bitcoin Cape Town, delivers a keynote on how they are building solutions to state failure in South Africa. Sakeliga is a state-proof vehicle capable of building scalable solutions to state failure. #AB24CPT youtu.be/ggAh-AmafyY
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