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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.




  • Something like this is an excellent idea. I understand for the proper functioning of a democracy is to have its citizens fully informed, but the rest of the world is not a citizen of the USA. Yes I still want to know the important stuff since our world is a connected world, but do I really have to see how the POTUS is holding a water bottle weirdly, or that they like Dijon mustard on their hot dog or tripped on a stair and now their age is in question.

    My country has significantly more problems that are more relevant to myself, just like every other person from another country, and being bombarded by USA politics is exhausting and quite frankly a waste of my time and mental health.







  • On our mine we have a lot of systems to protect the tyres, and they are inspected regularly. Like if you overload your truck the truck will go automatically into creep mode to protect the tyres. We also have specialised services on site to inspect any damages and wear to ensure safe usage of the tyres, scrapping them way before the expected life span, usually at 50-60%. Repairs are also done but only if the tyres are not structurally damaged.

    But proper standoff distance usually prevents any people or machinery coming into any dangerous situation of a tyre blowing out. The real danger of these huge trucks, we have the 350 Tonnes version, its collisions, can so easily drive over almost anything without knowing, so that is why we have a very far standoff distance, 80-100 meters to ensure no one gets too close. Also we have a collision avoidance system where the truck switches off when anything gets nearby