PETER BRUCE: Cyril’s big vision: a huge threat to small business
We’re going to kill old order jobs in the hope that we can grow new, new order ones
I am always surprised by the lack of respect people have for business. Even in my own trade there are colleagues who make a point of writing as aggressively as possible about profit, or capitalism or just plain business. They do this even while being paid their salaries from the proceeds of the hard work of customers, donors, managers and shareholders.
One of the most underappreciated things about running a company is that there always has to be enough cash in the bank to pay salaries. Every month. And pension contributions, and health plans. Imagine being an SA Breweries or a Sasol or a Tiger Brands. The responsibilities the leaders of these companies have are immense and yet it is all taken for granted. They pay huge taxes to keep the country on its feet yet political parties are happy to trash corporate premises without a moment’s thought. Commentators line up to do the same...