Is this the Best South Africa Could Give?

Well known market analyst David Shapiro said that he will without a doubt not put resources into a company run by South Africa’s recently delegated ministers.


These remarks took after the Fitch appraisals office’s overhauled attitude toward South Africa to negative from stable, and confirmed its FICO score at ‘BBB’.

Fitch said that in its view, “the track record of some key pastoral errands and deficiencies in authoritative limit mean this is liable to downside dangers”.

Shapiro concurred that SA’s new clergymen are bad enough. He further addressed whether any financial guru would put their cash into an organization which is ran by the new clergymen.

“In the event that these chaps were running even a division of a business would I be there – the response is no. Simply an outright no,” said Shapiro.

“They are made by distraught things – not the longing to really manufacture things,” he said. “Political belief system is still a whole lot a piece of where this nation is going.”

Overall Worx MD Arthur Goldstuck said that he would have chosen Yunus Carrim as pastor to give him a chance to complete what he set out to do.

Goldstuck said that Richard Came, DFA originator and somebody who knows how to get integration going, would make a decent deputy minister.


New ministers versus organization executives

Shapiro’s relationship brings up the issue of how South Africa’s new pastor and representative clergyman of information transfers and postal administrations stack up against the business pioneers who they will represent.


Department of Telecommunications and Postal Services
Person Position Qualifications Years of experience in IT, telecoms
Siyabonga Cwele Minister MBchB, MPhil 0 years
Hlengiwe Mkhize Deputy minister BA (Sociology)
BA Hons (Psychology)
MA (Clinical Psychology)
0 years
Total 0 years
Person Position Qualifications Years of experience in IT, telecoms
Shameel Joosub Vodacom CEO BAS (Honours), CA (SA), MBA 20 years
Ivan Dittrich Vodacom CFO BCompt (Hons), CTA, CA (SA) 14 years
Total 34 years
Person Position Qualifications Years of experience in IT, telecoms
Sifiso Dabengwa MTN CEO BSc (Eng), MBA 15 years
Brett Goschen MTN CFO BCom, BCompt (Hons), CA (SA) 18 years
Total 33 years 


Political connectedness versus different capabilities

In South Africa it’s a well known fact that the right political qualifications assume a huge part in bureau arrangements.

Globally it is not phenomenal for senior industry players and scholastics to be delegated to bureau positions. In South Africa this is not the situation.

While it is so early it would be impossible judge the execution of the new pastors in President Jacob Zuma’s bureau, Fitch’s appraising may not be distant when taking a gander at execution of the nation throughout the most recent five years.


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