Black Perspective on the Charter

1
Black Perspective on the Charter

• Presenter
• Mr Aubrey Tshalata
• MD Palcard Group

2
Background

• History was unjust to blacks
• The present is about correcting the injustice
• The future shall be a South Africa united in
  purpose where all shall contribute and benefit
  from the 1st economy
• The Charter is a road map to the future
• Today we must all together create space and
  opportunity for blacks to participate
  meaningfully in the 1st Economy.

3
About Established Business

• Previous apartheid regime advantaged them in
  many ways.
• They were the reason for apartheid .
• Many (who live and work today) were born into
  this evil system. They would not have created
  it.
• This latter group has a chance to correct the
  wrongs.

4
The Process is called Transformation

• Frustrating, confusing, annoying and to others
  exciting.
• It is a process
• Should have begun in 1994 (11 years ago)
• The Charter gives it another 7 years i.e. 18
  years

5
The Problematic Black Partner Myths

• Cannot be found
• Does not possess appropriate skills
• Wants to make a quick buck
• Thinks/believes the world owes him/her something
• Lazy
• Impatient (these things take time)
• Not prepared to earn their money
• Expect pitty and handouts
• Uses threats to bargain

6
How do we solve this problem?

• CHARTER IS THE ANSWER
• Ownership
• Control
• Employment Equity
• Skills Development
• Enterprise Development
• Residual
• We have given it 18 years into Democracy

7
What if we fail?

• Blacks will loose patience
• They will say freedom was never achieved
• They will question peaceful means of attaining
  freedom
• They will rise into a revolution of a different
  kind
• look around us for examples

8
Who will carry the burden of failure

• This ANC led Government
• This sector
• The Economy
• ALL OF US

9
What then is our perspective on the Charter

• It is necessary and long overdue
• It is a business must
• Will deliver shareholder value
• Will create stability
• Our growth is dependent on it
• It is urgent
• Government must lead, enforce, reward good
  performance and punish culprits

10
Challenges in implementation

• Effective monitoring
• CIDB needs overhaul and refocus. It is a
  misguided institution
• Blacks themselves must learn their lessons fast
  and contribute value to the process
• New kind of deals must emerge
• This industry must say No to Empowerment
  Hollywood Stars
• Government must treat these with caution they
  may discredit empowerment
• Need to identify, groom and partner individuals
  and groupings who have demonstrated commitment to
  the Construction Sector

11
Conclusion

• Celebrate Unity
• Embrace the Charter
• SIMUNYE WE ARE ONE