For some, black guilt taints success
The News Review:
- For some, black guilt taints success
- Tribus: Illinois — egeneto ho athanatos ek pyknoon polemoon
- Sanlam and Fawu set up shop to give workers a say
- The President’s Package
- Will Sanlam fill its BEE gap by taking staff on board?
For some, black guilt taints success
Independent Online – Oct 9, 2004
Usually, the moneyed individuals don’t know into which community they should now fit. And, psychologist Aharon Segal says the main reason for the feeling of guilt among successful black people is ubuntu. “Ubuntu means you are part of a community. You contribute for them and they contribute for you as well. People get their sense of value and identity from ubuntu. ”
Any success story that might cause a person to leave or abandon it might cause some stress. “They’re now mixing in different circles and pursue capitalistic value… “Ubuntu means you are part of a community. You contribute for them and they contribute for you as well. People get their sense of value and identity from ubuntu. ”
Any success story that might cause a person to leave or abandon it might cause some stress. “They’re now mixing in different circles and pursue capitalistic value. Because they’re breaking away from cultural things, they feel they’re breaking ubuntu and will have a sense of guilt,” he says. What aggravates the situation is the constant reminder from their former peers that “since you live in the suburbs and have a high-paying job, you don’t spend much time with us anymore”.
Tribus: Illinois — egeneto ho athanatos ek pyknoon polemoon
Ars Technica – Oct 10, 2004
It has never given me any issues, and has never had a blue screen. I have used it at times as test platform to run different Linux distros; right now I have it booting Vista Business, Ubuntu 7. Linux works pretty much perfectly on this system, never had to look for a driver for any device I need. And Compiz-Fusion also works without any problems and with great performance.
Sanlam and Fawu set up shop to give workers a say
Business Report – Oct 7, 2004
Fawu’s membership, which will grow from 100 000 to 140 000 when it merges with a farm workers’ union next week, is said to represent a retirement pool of R10 billion alone. Sanlam, which manages more than R280 billion in assets, would not say how much it had invested in the start-up, but said it saw the new venture as a means of taking its Ubuntu-Botho empowerment deal a step further. Ubuntu-Botho, a consortium led by BEE kingpin Patrice Motsepe, struck a deal worth R2. 2 billion to acquire up to 12 percent of Sanlam in December last year. Flip Rademeyer, Sanlam’s financial director, said both deals were driven by what delivered value to Sanlam and its shareholders. “The only difference between the deals is that the first was done at a shareholder level and Break-thru has been done at an operational level,” he said.
The President’s Package
Namibian – Sep 28, 2004
How will we close the gap between the have’s and don’t haves (upper and lower classes) if this kind of practice is going on? We have to adopt the policy of redistribution of income and wealth. I will be happy and glad to see the inhabitants in the 21st century enjoying the fruits of their own resources because these raw material belongs to them, the rightful owners, and they are also entitled to have a share in this banquet. Last, please let us consider the wellbeing of our own people who are suffering from poverty and famine and other social issues because we claim to be Africans who have an Ubuntu philosophy (meaning that we are dependant on each other) but it seems nowadays we are more anxious about ourselves than others. Let’s take the initiative ourselves as a nation to bear the burdens of others and not to wait for someone from abroad to come and assist us in fighting and combating these ethical obstacles. Let us share the resources equally among us because all of us deserve that. J SemVia e-mail
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Will Sanlam fill its BEE gap by taking staff on board?
Business Report – Oct 5, 2004
The company refused to divulge any details yesterday, but the deal is expected to be significantly smaller than its R2. 2 billion sale of up 12 percent of its equity to Patrice Motsepe’s Ubuntu-Botho in December last year. The only glaring gap in Sanlam’s empowerment deal is a staff component, which has become somewhat of a trend in empowerment deals. Liberty, mirroring the Standard Bank model, made waves when it announced its R1. 3 billion BEE deal, which was concluded in July.
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