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Joined 2 years ago
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Cake day: July 28th, 2023

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  • It is called equity equivalents, this is where you don’t give away equity but basically still pay as if you are, hence I admit royalties are maybe not the right word but for my it is similar. Unlike other international tech companies like Google or Microsoft in our country that pays equity equivalents, the telecommunications requirements are equity or slice of your business.



  • notaviking@lemmy.worldtoLemmy Shitpost@lemmy.worldPoor guy
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    2 months ago

    Funny enough, I do believe our BEE laws in South Africa should be scrapped. According to our news he offered to pay 26% in royalties, like Google does for example in South Africa, but did not agree to give away equity. The BEE laws are basically a way for politically connected ANC members to get a slice of the pie, does not one bit help the majority of people here.

    Look Elon is a shit, but even a broken clock is right twice a day. There also needs to be empowerment laws, I say to poor citizens not based on any race laws, even though the majority of extremely poor people are black, coloured indian, mixed…, but not ones that mostly filter to the politically connected like the current BEE laws favour.




  • I wish I could recommend my country South Africa, since our constitution protects LGBTQI+ rights, but I only know of a handful of CD, and like the only Transgender person I know is a bit ostracised, but this is in a rural town in the north. But if you really would like to come, Cape Town is the place to be, very progressive, beautiful and the last two times I was there I did not even visit the beach with all the other things to do there. But I cannot guarantee you won’t experience discrimination here.

    I haven’t really visited other countries yet so I do not know if I can recommend any place I could really recommend.