Economy

 

ANC-regime needs money! South Africa’s big expat tax is coming – and financial emigration isn’t the quick fix you think it is

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South Africa’s big expat tax is coming – and financial emigration isn’t the quick fix you think it is

While financial emigration may be a viable option for a small minority of individuals who will be hit by South Africa’s coming ‘expat tax’, for the majority, it’s likely to be a costly exercise which won’t provide significant tax relief in the long-term. This is according to Ettiene Retief of the South African Institute of..
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SA faces serious shortage of qualified workers – experts are leaving country in search of a better future

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SA faces serious shortage of qualified workforce - experts are leaving country in search of better future

South Africans with good qualifications are leaving the country in increasing numbers, causing a serious shortage of well-qualified workers. Immigration agencies are experiencing an increase in people with good qualified careers who are going abroad for a variety of reasons. According to informed sources, the main reasons are cited as the shrinking economy, the state’s..
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Counterfeit South African Passports Are Big Business as Other Africans Use South Africa and it’s Passport as a Gateway to Claim Asylum in Ireland & UK

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Apartheid

Africans love to hate the very thing they want the most. They allegedly hate colonialism, but want everything it offers. During the economic boom of Apartheid South Africa, Africans were risking their lives to get INTO apartheid South Africa and there weren’t any sprawling refugee camps on the borders of the country Africans so loved to hate. Now, apart from the destruction of the economic boom by the ANC regime, it seems little has changed – Africans are still flooding INTO South Africa, although now there is no border, so very little risk. Through a policy of Deliberate Negligence, the ANC has effectively implemented an open border policy for South Africa, much to the UN’s pleasure…
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Cape Town the ‘most dangerous city’ in SA:- The City of Cape Town continues to lead in high crime statistics across the country

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The father of three young boys aged between 6 and 16, Gerald Nomlala had first-hand experience of crime when he was attacked by two armed men while sleeping in his Khayelitsha home. Nomlala, 48, was woken by a knife-wielding man standing over him at around 2am one night in December. The men gained entry through..
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The Chinese are sowing havoc in countries they ‘own’, they evicted scores of villagers, Zim now in the firing line!

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SCORES of villagers from Domboshava near Harare face eviction after a Chinese quarry miner took over a mountain in the area where it intends to start mining operations, it has been revealed. Information, Publicity and Broadcasting Services deputy minister Energy Mutodi, who is also the MP for the area, put the number of affected people..
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What is Financial emigration and what does it involves? – Tim Powell explain (Sable International)

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Financial emigration is an exchange control matter that allows a South African can, with the approval of the SA Reserve Bank, to be classified as a non-resident of the country, explains Tim Powell, director of forex at Sable International. South African residents who have been living abroad – but have not officially emigrated through the..
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South Africa’s Tourism:- The question that remains is, how will South Africa’s tourism fare in 2019?

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South African tourism still leads as Africa’s leading destination but lately, it’s growth has seen a notable decline and this was more visible in the sector’s performance in 2018. As reported by Tourism Update, the country, in 2018, saw a 1.9% decline in its tourism economy. South African tourism has a new challenger. Furthermore, the..
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The UK Government announces that they are now reforming the Immigration route

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In its latest Statement of changes, published on 7 March 2019, the UK Government has made it very clear that it is moving away from the Points-Based Immigration system (PBS). Both the Tier 1 Entrepreneur and Tier 1 Graduate Entrepreneur route are falling away shortly. These routes will be replaced with an Innovator and Start-up..
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The cash-strapped and highly violent Zimbabwe asked South Africa for $1.2bn loan, that will be R17 billion rand

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If you don’t ask, you don’t get, right? The SA Treasury has revealed they’ve turned down a request from Zimbabwe for a monster loan.
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