Comment on: Contracting in Africa: 10 things to think about
Well that may have seemed quite informative to those that have never carried out any business in Africa, but to those that have it read like a comedy of errors.
Yes working in Africa is very lucrative, and you are very capable of completing a project with a million in your bank account
Now this is how it should have read
Firstly, if you think you know how corrupt these countries are, then you probably don't. It really does take first hand experience or a long sit down with someone who has gone through the process. And yes I have.
Second you need to know what it means to "Carry someone along". This is where the brown bags and sometimes briefcase full of money comes into it
Thirdly. When you think someone wants a project carrying out, that may not be the case. Sometimes they will take you all the way to Flags off Day. Maybe you don't know what that is. Don't go. They could be using you to scam the money out of the government. Make sure you are dealing with them directly.
Forth. If you are invited to tender and submit documents, then you don't have the project. That has been determined before it was put out. Someone has already paid up or it has been given to some family member. If your not working with them your not in.
Fith if your not over there constantly lobbying you don't stand a chance
Now that is how that article should have read.
Yeh doing a really great job and giving herself a 125% bonus for getting the company more in dept. Sound familiar????
Comment on: Interserve merges two divisions as MD departs
Some ask the question, Will Interserve go the Same route as Carrilion, Wrong question. It should be "When will Interserve Follow the same Route as Carrilion?"
Probably in 2019
Mr Hargreaves and Mr Chant sound like very dubious characters. This can also be summed up in the statement they had been let down by senior management. Where was the safety net while roof works was going on. It pathetic they blame the investigation by the HSE for their collapse. Also very questionable that they set up a new company before they went into administration
Comment on: Were we blind to Carillion's warning signs?
No I dont think that is cynical, it's the truth, and because it's the truth, it will get shouted down.
Human flaw is not being able to accept the truth, and that is what happened here. Within the construction sector, a high percentage of people knew Carillion were in trouble, and new the Government were throwing life lines, which came mostly from Old School tie brigade.
Main contractors have been operating on extremely low to non existent margins to continue operating. And Carillion will be only the beginning of tier 1 contractors going under.