The South African business environment is becoming increasingly hostile and uncertain. What can ordinary South Africans do to 'state-proof' their businesses?
In this episode of the 'Solutions With David Ansara' podcast, I speak to Piet le Roux, CEO of business group Sakeliga, about the steps that South African businesspeople can take to protect their organisations from damaging policies.
Piet and I discuss the importance of diversifying your jurisdictional exposure and income streams, as well as why you shouldn't do business with the government. We also speak about how to build alternative institutions in the absence of a capable state.
TIMESTAMPS
(0:00) Intro
(0:23) South Africa's hostile business environment
(2:24) Why state-proof your business?
(4:36) Types of state-proofing strategies
(6:26) Jurisdictional diversification
(9:45) Income diversification
(11:21) Doing business with the state
(15:17) Avoiding conflict with the state
(21:36) The need for alternative institutions
(29:06) Sakeliga's legal actions against the state
(34:51) The role of the judicial system
(38:47) About Sakeliga
(40:23) Conclusion
RESOURCES:
Sakeliga website: https://sakeliga.co.za/
VIDEO
Watch this episode on YouTube: https://youtu.be/-pP9ktNwJ5o
