Why foreign nationals dominate the small or informal business sector in SA
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
- In this video we ask some of the controversial and pertinent questions, the aim is to find the answers to all the questions asked
(The video that was posted last night had some errors, here's the improved)
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Don't worry on the ground the talks has began the journey will not be easy for both of us.
Great stuff 😂, good things don't come easy, right.
Lol, of course good things do not come easy
Before 1994 the shops were run by South Africans after that foreigners came start by paying a huge amount of money for the rent the shop owners were happy to get money easy no more worried about Sars.
They were not even paying. Bayathakatha. They come with black magic.
@@WNdabayou want white magic
@@karma-ul7zx voetsek
Foreigners can put money together in their own countries and run their businesses. Simple solution.
Just like locals can also open shops and run them. Simple solution
@@muholezarukumeta Yes its their own country they can choose what they want. It not for you to tell them what to do in their own land. Uya phapha
We are only 1 generation from oppression, it doesn’t seem to me that the business mentality and participating in the economy is a priority for most. A lot of local business is simply about survival for one… very often it doesn’t sustain past the founder. The generic economic immigrant is equipped with the mentality to come to a foreign country to make it work without a safety net and in our communities government safety nets discourage risk taking and investments.
In Mpumalanga for example e.g. unemployed people turn down odd municipal project based jobs to retain their government grant, even if it’s not in jeopardy they would argue that the effort required to make a living doesn’t make sense if you can get grants for nothing. That to me points to a cultural issue of not understanding what freedom actually looks like.
Sad true reality you know, and this is a really issue. Because trust me these foreign shops you see these guys endure a lot and make a lot of sacrifices to grow the small spaza shops we see, not that they enjoy it but they know they have to do it if they are to grow their businesses. We see them work, eat and sleep in the same shops, we see them dress and look cheaply and in a typical SA mind you'd think this is not life but unfortunately success comes at a cost. Hence if you look at the same guy 10 15 years later you wont believe. So before starting to blame foreign nationals for the SA misery I think there is still a lot to work on in terms of business mind set.
I disagree with you. The business mentality was there till the late 90s, when the Malumes passed away children could not carry on the family businesses, they relaxed, went to model c schools and thought they've made it. As or foreigners it is just simply survival nothing else, they are not equipped, never ran businesses before, in fact their got capital from SA doing manual jobs.
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We need education as South Africans so that politicians can stop using poor people from ekasi for their own gains ask yourself why University student vote for Malema whilst the poor and uneducated hate him
And its unfortunate because large number of voters in Africa still made up of that group of population, un educated due to the slavery regime and reside in rural areas, the past still playing a key role in the choices they made as they are more affiliated to the history of liberation but i believe this trend is going towards the end as millennials and Gen Zs dominate the population size.
That’s because they are operating illegally. It costs R2.5 million to get a business permit to operate a business as a foreign national. None of them pay it.
Foreigners pool their cash and buy bulk for many different businesses so they make a better margin. Also they don’t register for vat so they use that to make the 15% as profit.
I am not a business expert neither a SAan laws and legislation expert however I believe there are various category of foreign nationals with different visas, the type of visa you get determine what you can do and cant and or at what conditions. The 2.5 or 5 million you are talking about could be specific to a particular category such as an investor visa I an example would be that of some Chinese nationals who come a build malls and even have their own workers... while the spaza shops and others shops we in the CBDs come in at other visas that do not require them to have such big amounts of money to start a business. As for the illegality? Not all those businesses are illegal otherwise we would ask why do we have law enforcement circulating the CBDs ? For sure they would not let such shops open widely on a day light right? Most of these businesses are registered with SARS, we can discuss the irregularities but not the illegality. As for the buying power? bro these people work in unity I already discuss this in another video, they unite, put money together and influence the buying price in bulk, that the strategy. It is some of the weaknesses of many other Africans including SAans to not work in unity and that cannot be blamed on those who are working together bro. We just need to fix ourselves and not to keep making blames.
@@muholezarukumeta No! I was in banking. The requirement for a business visa is R2.5m
If you are a foreign director who is not active and who has local directors that are then you can sign to make the locals the only legal signatories. Ie. an investor then that’s is allowed. If it is a work permit it has to be for a specific company. Then you cannot operate a business. However as an asylum seeker. You can operate a business. Which is why the permits are not so readily handed out. The truth of the matter the law is not enforced as written but it is written and is explicit. If the law was applied like Gayton McKenzie says the free for all will end immediately 90% of foreign nationals will be deported for being in contravention of the law.