RACISM ALIVE AND WELL IN SOUTH AFRICA August 6, 2008
Posted by frostygirl in Uncategorized.Tags: black, share issue, vodacom
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Vodacom, South Africa’s leading cellular network, is listing YeboYethu on the Johannesburg Stock Exchange and they have the following to say:
“YeboYethu is Vodacom’s way of giving BLACK South Africans the opportunity to share in the success of South Africa’s leading cellular network.”
So who exactly can take part in this share issue?
1) Black people (African, Coloured, Indian and Chinese) who are natural persons and citizens of SA through birth, descent or naturalisation occurring before 27 April 1994.
2) Black groups incorporated or formed in SA
3) Black business partners who have been invited to participate.
So who are excluded? WHITES!
What message is Vodacom giving to their loyal WHITE clients? WE DO NOT WANT YOU OR NEED YOU!
I wonder if this is even Constitutional to exclude ONE race group!
Since when are Indians classified as BLACKS? Even in the apartheid times they were classified as ASIAN not BLACK!
If the normal poor, uneducated black person was going to benefit mainly from this share issue I don’t think I would be so indignant about this, but we all know that the “fat cats” will walk away with the main share because of ignorance on the part of the “man in the street” black person!
I have been a loyal Vodacom client (white) from inception and would have liked to take part in this share issue, but because I AM white I am excluded.
Should ALL “white” Vodacom clients cancel their contracts and move over to Virgin where ALL races are treated equally?
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Woohoo, well said, this is institutional racism by vodacom, will be moving to a country that still welcomes humans no matter what colour you are. Last time I check I was a African, strange…
I was shocked when I heard this. I know its not the first time (MTN and Sasol) but everytime it happens again I just can’t believe it. It is racism in every way, what else can it be. How can you exclude one race group. Imagine if a big company started selling shares to “whites only”. It would cause an uproar around the country. And the worst is that no matter how much we complain about it, what will be done. Nothing! How are we gonna move forward in a country where racism is as alive as it was in the 80’s.
We can at the very least make as many people as possible aware of the situation and then let them decide for themselves what they want to do about it. For example, if 300 000 customers each paying Vodacom just R300 per month switched to another network, Vodacom would have a monthly loss of R90 million. That’ll sting!