How Black Economic Empowerment destroys your business
http://mikesmithspoliticalcommentary...ess-1time.html1time was started by three white men, Rodney James, Glenn Orsmond and Michael Kaminsky in 2003 and for the next seven years were making a profit. 1time was the fastest-growing airline in the country for those seven years.
Then something happened. Their airplanes got old and it became time to renew the fleet of gas-guzzling McDonnell Douglas MD-80s with more fuel-efficient Boeing 737-300s.