Telegram channel "South Africa, future of the West 🇿🇦" — @ZA_future_of_the_West

South Africa, future of the West 🇿🇦

7 Jan, 11:07

Forward from: South Africa's violence project

https://www.timeslive.co.za/news/south-africa/2025-01-06-numsa-will-fight-to-save-jobs-affected-by-closure-of-arcelormittal-plants/

Numsa will fight to save jobs affected by closure of ArcelorMittal plants

The National Union of Metalworkers of South Africa (Numsa) says it will fight tor everse the closure of ArcelorMittal South Africa (Amsa) long steel plants to defend the jobs of its members.

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South Africa, future of the West 🇿🇦

7 Jan, 11:00

SARS continued threats of going after taxpayers is starting to pay ever greater ''dividends''.

Great job socialists!
You're running out of other people's month fast.

The minister of Finance claiming the government can never run out of money because it can just tax more is coming back to bite them.

Unfortunately, this will lead to ever higher rates of government bonds being issued to cover the shortfall in taxes. Thus increasing the inflation rate even more.

Obviously, this will lead to the Reserve Bank increasing interest rates even more to counter the runaway borrowing from the State.

https://dailyinvestor.com/south-africa/73109/millionaires-dumping-south-africa-2/

Millionaires dumping South Africa

Rich South Africans are leaving the country to find work overseas, leading to tax revenue, economic activity, and vital skills being lost.

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South Africa, future of the West 🇿🇦

7 Jan, 10:55

Temu products, other than clothing, are more expensive to buy before tax/shipping than sourcing locally.

With this tax change on clothing, it's still cheaper than most local clothing retailers.

https://dailyinvestor.com/retail/73125/sars-cracks-down-on-temu-and-shein/

SARS cracks down on Temu and Shein

SARS has closed a tax loophole benefiting Chinese online retailers Temu and Shein, requiring customers to pay full import taxes on all orders.

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South Africa, future of the West 🇿🇦

6 Jan, 17:59

https://mybroadband.co.za/news/energy/577200-electricity-warning-for-south-africas-biggest-city.html

Electricity warning for South Africa’s biggest city

City Power has warned of that dealing with a high number of outage calls in Johannesburg may be delayed due to inclement weather.

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South Africa, future of the West 🇿🇦

6 Jan, 11:35

Forward from: South Africa's violence project

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Moving stolen cars across the border

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South Africa, future of the West 🇿🇦

6 Jan, 11:32

Forward from: South Africa Reports

🇿🇦🇨🇳 SA’s EV tax break may lure China to invest in multi-billion-rand industry

Enabling a 150% tax deduction on investment in electric- and hydrogen-powered vehicle production comes as Chinese automakers are taking Africa’s biggest car market by storm.

South Africa is poised for Chinese investment in its $27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.

Three Chinese automakers have already signed non-disclosure agreements with the Automotive Business Council, CEO Mikel Mabasa said, declining to identify them.

While the industry has welcomed the step, it comes after years of warnings that car making, the jewel in South Africa’s manufacturing sector, is at risk because of legislation in its biggest export market — the European Union — aimed at phasing out the use of internal-combustion engines.

https://www.moneyweb.co.za/news/south-africa/south-africas-ev-tax-break-may-lure-china-to-invest-in-multi-billion-rand-industry/

SA’s EV tax break may lure China to invest in multi-billion-rand industry

Enabling a 150% tax deduction on investment in electric- and hydrogen-powered vehicle production comes as Chinese automakers are taking Africa’s biggest car market by storm.

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South Africa, future of the West 🇿🇦

6 Jan, 09:29

Forward from: South Africa Reports

ArcelorMittal South Africa to Close Long-Steel Works

ArcelorMittal South Africa will close its business that makes long-steel products, potentially affecting about 3,500 jobs.

Persistent high logistics and energy costs, together with insufficient policy interventions by the government, left the business unsustainable, the company said in a statement Monday.

A decision to shutter the business was previously announced last February, but the company delayed the move after consulting with the government and state-owned freight firm.

South African steel industry “is facing its greatest sustained challenge” since the 2008 financial crisis, the firm said, adding that deteriorating global and local steel markets, high expenses and surging low-cost imports — particularly from China — have damaged the business.

@SouthAfricaReports

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South Africa, future of the West 🇿🇦

5 Jan, 21:50

Official warning issued.
Godspeed.

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South Africa, future of the West 🇿🇦

3 Jan, 21:15

Someone ordered some rain.
Good luck!

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South Africa, future of the West 🇿🇦

3 Jan, 14:02

Forward from: South Africa's violence project

https://www.timeslive.co.za/news/south-africa/2025-01-03-cape-town-police-seize-more-than-6000-bottles-of-booze-at-beaches/

Cape Town police seize more than 6,000 bottles of booze at beaches

Cape Town police officials say they have cracked down on beachgoers who have used creative ways to “bury their bottles under the sand” and confiscated more than 6,000 bottles of alcohol during the festive season.

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South Africa, future of the West 🇿🇦

2 Jan, 12:38

The last vestiges of civiliansation will ultimately be sacrificed on the altar of ''combating racist colonialism''.

Watch as a bunch of ''do-gooders'' dismantle these laws and then complain about all the heaps of feces and rank odour of urine on the sidewalks.

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South Africa, future of the West 🇿🇦

2 Jan, 12:36

Forward from: South Africa's violence project

It is an offence to urinate or defecate in any public place (in a municipality or town) that is not specifically made for that purpose. [Summary Offences Act 1953 (SA) s 24].

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South Africa, future of the West 🇿🇦

2 Jan, 12:34

Eskom has entered its death spiral.
Charging more and more for electricity distributed while demand for its supply decreases.

Its inability to recoup the estimated R110 billion (by March 2025) stolen by municipalities due to political interference and its own internal corruption and mismanagement is set to accelerate the spiral.

Ultimately, Eskom will be left with a large number of non-paying users and a few who can not migrate due to cost and/or municipality bylaws and other monopolistic shenanigans.

https://businesstech.co.za/news/energy/805289/eskom-getting-replaced/

Eskom getting replaced

Eskom’s local and international electricity sales are plummeting, forcing it to increase prices, making it even less attractive as its customers move to more affordable options.

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South Africa, future of the West 🇿🇦

2 Jan, 12:19

Forward from: South Africa's violence project

https://www.timeslive.co.za/politics/2025-01-02-mk-party-suspends-three-members-in-kzn-legislature/

It's a ponzi scheme folks.

MK Party suspends three members in KZN legislature

MK Party leader Jacob Zuma and the national high command have suspended three members from the KwaZulu-Natal legislature.

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South Africa, future of the West 🇿🇦

2 Jan, 12:17

Who could have guessed that entertaining radical political agendas while your senior staff are embroiled in shady deals would destroy infrastructure.

Other old universities, such as Rhodes and Stellenbosch, are following the same route.

https://businesstech.co.za/news/government/805208/south-africas-oldest-university-deteriorating-in-front-of-everyones-eyes/

South Africa’s oldest university deteriorating in front of everyone’s eyes

The University of Cape Town’s upper campus shows clear signs of neglect and decay, including water damage, paint peeling off walls, and broken ceilings.

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South Africa, future of the West 🇿🇦

1 Jan, 15:51

Forward from: /CIG/ Telegram | Counter Intelligence Global

🌍 Africa is currently facing more conflicts than at any time since 1946, according to data from Uppsala University and Norway’s Peace Research Institute Oslo. In 2024, the institutes recorded 28 state-based conflicts across 16 of Africa’s 54 countries—more than any other region and twice as many as 15 years ago. This conflict zone spans roughly 4,000 miles, covering 10% of sub-Saharan Africa’s land mass, an area that has doubled in just three years.

https://www.wsj.com/world/africa/africa-has-entered-a-new-era-of-war-c6171d8e

https://archive.ph/QpZu0

📎 Franz-Stefan Gady

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South Africa, future of the West 🇿🇦

1 Jan, 01:33

Forward from: So far, so good

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South Africa, future of the West 🇿🇦

31 Dec 2024, 19:40

Forward from: South Africa Reports

🇿🇦💸 South Africa’s tax base shock

South Africa’s tax system is facing an alarming imbalance that economists warn is unsustainable:

▪️Just 1,660,182 individuals—a mere 2.6% of the country’s 64 million people—contribute 76.2% of all personal income tax.

▪️The situation is equally concerning in the corporate sector. Only 1,051 companies—representing 0.1% of the total—pay 72.3% of all company income tax.

▪️Over 30% of the population—approximately 19.2 million people—currently rely on social grants, a figure projected to grow to 19.7 million by 2026/27.

▪️This means that roughly 12% of South Africans who pay income tax are supporting a social safety net for nearly half the population.

https://businesstech.co.za/news/finance/804878/south-africas-tax-base-shock/

South Africa’s tax base shock

South Africa’s tax base is alarmingly narrow, with a tiny few paying almost all the country’s income tax.