South Africa, future of the West 🇿🇦


Гео и язык канала: не указан, Английский
Категория: Политика


Reports about South Africa. Riots, farm attacks, attacks on civilians in towns/cities. News articles on the economic situation, etc.
*Warning*
May contain upsetting imagery.
Part of the @channelcollection

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Гео и язык канала
не указан, Английский
Категория
Политика
Статистика
Фильтр публикаций










The correct age for someone in Grade 9 is 15.




Nothing has improved structurally in the South African economy.
The election results at this stage appear to conclude that the ANC will remain in power with coalition partners.

Thus, projecting 1% GDP growth, or even higher, is delusional
.

https://dailyinvestor.com/south-africa/49472/south-africas-economic-growth-to-double-in-2024/


Rooftop solar generation has grown significantly in South Africa, with generation numbers increasing from 2,264MW in July 2022 to 5,440MW in March 2024.


https://mybroadband.co.za/news/energy/532945-rooftop-solar-explosion-in-south-africa.html


Proposed changes to BELA Bill rejected by public - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
https://www.sabcnews.com/sabcnews/proposed-changes-to-bela-bill-rejected-by-public/






As other analysts pointed out, only 15% of the Rand's value is linked to what is happening in South Africa itself. That includes monetary policy, political issues, etc.

The SARB is doing more damage than good but it needs to restrain the State from borrowing too much, driving up inflation even more.

In short, South Africa's inflation problem is directly linked to the State's runaway spending and world events in developing nations and conflict 1000s of km from South Africa
.








People are starting to push back against migrants flooding into South Africa, going straight to the enablers.

The article relies heavily on the input of an NGO sheltering illegal migrants and fighting to bestow rights on them that they are not entitled to as illegals.

Bestowing extra rights on someone who ''breaks-in'' is not helping the current poverty and crime levels in South Africa
.

https://dailyinvestor.com/south-africa/49422/rainbow-nation-turns-xenophobic/


Investment companies may not invest more than 45% of their assets under management offshore.


This is a form of forex control enacted by the South African Reserve Bank (SARB).

With the pathetic performance of the JSE and the continued downward slide in the currency, it would be a good idea to transfer your funds outside South Africa completely.

The election outcome is extremely uncertain at this stage, and anyone with the ability to do so would be smart to exit the ZA investment environment completely.

Speak to your investment agent.

https://www.moneyweb.co.za/news/south-africa/living-annuities-no-longer-have-unlimited-exposure-to-funds-outside-sa/






Demand has dropped significantly. Thus lowering the chance of rolling blackouts.

Rate increases, and the availability of alternatives to Eskom, will continue to chip away at the demand on the grid.

Unfortunately, this will lead to ever higher rates to keep Eskom going.

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