Govt tries to grab Gold Circle’s money.

Look OTA, you have not been insulted, just been asked a simple question.

You have said that GC should have taken steps to avoid the situation instead of ignoring the situation. I ask you to explain what these steps that GC should have taken are and you still have not answered that specific question.

Louis its not difficult. GC were clearly aware of what had happened to Phum and "their" 3%. With the lack of transformation given as a prime reason for the cutting of this freebie, surely to goodness even a blinkered GC board would realise that it would only be a matter of time before greedy paws came looking for their 3%?

Any business needs to be aware of external threats in the macro environment and in my opinion, the GC board should at the very least engaged with the minister to get a handle on what the plans were with the 3% ( and establish where they were in terms of transformation perception ). The fact that they got a little xmas present at the time and in the manner that they did, tells me that the relationship between GC and the KZN Provincial government may not be as rosy as what it should be. In my opinion, the reaction to the notice, taking legal action before proper debate, has hurt them more than necessary. When last I looked 1.6% was a far better result than zero. Lessons maybe needed to be learnt from the boys up north don't you think?