South Africa had laws that put black people (the majority) in poverty. They weren't really allowed to go to university. It was illegal for them to start businesses. Many areas had no schools in an effort to keep the majority in poverty. If so many comments are opposed to equity laws then how to they imagine the majority gets out of poverty or would they want the status quo to remain? The majority is starting from scratch. Those that go to university largely go through the National Students Financial Aid Scheme (NSFAS) & they become the first from their families to do so and the burden is on them to take care of the rest of the family and even build the first brick home for the family. I'm fascinated to see so many comments from people whose families had hundreds of years of a head start complaining about equity laws that aim to get people whose poverty was designed by unjust laws into a place where they can at least have some crumbs.
Your statement is correct that under an evil white supremacist government and scoiety, people of colour were systemattically treated horribly in general and deprived of many opportunities. As a Christian and White south african, I completely denounce that thinking and history. However, with that said, South Africa has been rapidly dying economically due to consistant pilaging and corruption from the ever ruling black ANC since Mandela. The ANC is known for its extereme incompetence and corruption, as well as marxism that is strangling the economy and will kill it like every other marxist country in the world. BEEE is NOT the answer, by forcing into work, university, media, sport and all aspects of life, this sterile quota that dismisses skill, merit, experience and talent. You can force black people into evey position but when the companies collapse or are less competitive, those black people end up poor anyway. The answer is for the government to provide free/subsidised training at college/university level for more students as well as government backed work opportunities for the poor, regardless of skin colour and family background. Additionally crime must be severly punished and brought under control to incentivise international investment. South Africa is has lost Billions of rands in lost tax revenue, due to educated and wealthy families of all colours leaving because of crime, lack of oppoprtunities and failing economy including myself and my family. Any sensible perosn can see South Africa is on the wronf track through the ANC and its failing policies. South Africa will collapse under the ANC or even worse the EFF. Change to better government, treat everyone equal, incentivise small businesses and back those that work hard. That is the way forward.
There are many successful white-owned businesses in South Africa despite BEE. I find it puzzling that he points to this as the main reason for his struggles. If that's the case, his business may not have been sustainable enough to withstand the pressures of BEE. Another possible reason for his departure is that many of his family members lived outside of South Africa, so he was always considering his options elsewhere instead of focusing on making his business thrive. BEE hasn't significantly benefited black-owned businesses either, so not much has changed. It's even harder for a South African, whether white or black, to start a business and succeed in Europe. South African expats often compare the country's problems to East and West Africa. However, they should try living there to truly understand the differences. I believe that only a small percentage of those who moved from South Africa to Europe are doing exceptionally well; life is tough out there. South Africa has many challenges, but I don't have the option to start anew in another country. Compared to other countries on the continent, we're still doing relatively well.
The western cape RIGHT UP TO NAMIBIA, is slowly yet surely being tranformed into the Monaco of Africa because of people ALL OVER the world migrating here...From Capetown South Africa Shalom
Cape Town has a stunted growth for actual South Africans, while Joburg offers opportunity for locals to do well and sustain growth economically. Also, Capetonians barely leave which makes them slightly ignorant to what the reality is in the country.
Jhb has a much more of a free market economy as compared to the old money socialism of CT. ( Either you are in the old money ie the few, or you are imprisoned in slave labour)
The cost of living has skyrocketed disproportionately in Cape Town compared to Gauteng. Property prices are now literally double that of property prices in Pretoria (where I live). Gauteng offers more in terms of work opportunities and cost of living.
By the way there’s no surprise SA is a part of BRICS, the country is literally oozing with potential. Once they figure out the how to optimize the digital nomad visa the country will make a significant leap rather quickly.
Any good sources of information of international financial planning in South Africa? As a CPA/CFP in the international planning space who spends at least a quarter of the year in SA, I’d love to read up on it. I haven’t really seen much on SA at all.
Unfortunately BEE is a real problem in SA, its backward, ineffective, discriminatory, counterproductive. We live in CT, our sons have EU passports, they left to study in Netherlands with the plan to stay in EU and work/live, but they didn't like it and came back home, now they work in our family business which is thriving and they are super happy. Home is always home, and I can see why you returned to the UK.
I'm a South African from the Xhosa tribe(black) and I completely agree with you on BEE, it has been the single most destructive thing to our economy since it became law more than a decade ago. Our currency fell significantly since BEE(hasn't recovered) and our economic growth fell completely since BEE(hasn't recovered either.) We have an evil leftist government that's our problem in the Republic of South Africa, but we'll fix it and we will get that ANC party out of our government completely.
if you were given an opportunity to address the past, apartheid, colonization and its effects how would you do it? or do you deny the 100s of years of systematically disadvantaging particular groups of people?
@@xpressivemusic4578 As a white South African, who grew up after Apartheid. My career choices were always under the lens of BEE, not wanting to choose a path where I would be discriminated against. I therefore chose to work for myself, as it appears have many other white South Africans. This in turn has resulted in the mean income among white males increasing over all demographics. As a result of pressure. I would argue that BEE has been counter productive, only really helping those black people who already came from stable homes, and those who were politically connected. And that grants discourage people from working, and are designed to keep people in poverty. Like the bread in the circus’ of Roman times.
@xpressivemusic4578 it has already been done. The problem is the increase of population from 10mil to 40mil and increasing. How in the world do you want to justify limiting the 2mil working band creating their own business while more than 10mil majority has most of the work in SA. You still blaming apartheid after 30 years and most retail, government, manufacturing, service jobs have already been transferred is laughable. Take responsibility for the population increase without job creation and stop your racism.
@2:37 "south africa has issues around BEE" what issues? dont see how BEE (a policy to address the injustices of the past) would negatively impact your childred...
"..what issues?" Just exaclty how long have you been employed & in what industry? You have to be born deaf, dumb & blind to not notice the negative impact that BEE has had on the Country.
South Africans have got used to the system of organized chaos, they know how to negotiate the pathways. When you are faced with the over regulated environments of Australia and the USA, its difficult to manage.
Johannesburg ...the looting and extortion 'capital' of South Africa for both the ANC government and the business extortionist. The love of money - therein lies the problem.
It will follow in Cape Town as soon as the population gets to big and more people equals more services but the more they grow the more the cracks will be there for all the above things you mentioned for joburg but for now let’s enjoy the golden age for cape town
@@Januariesissharing ...there is the Republic of The Western Cape that although in the air for many years, it may land. The Western Capers are aware of the ANC's locust devour and plunder policy by placing hundreds of thousands of its voter base all over the WC to undermine, sabotage and disrupt the region. With independence, this will be addressed - it has to be. Have a look at Sunningdale in the Western Cape, no work, no future, yet hundreds of thousands of bussed in to the Western Cape.
I'm South African from the Xhosa tribe(black) and I absolutely hate that BEE, I think it has been destructive to our economy since it become law more that a decade ago. It's sad!
Well said brother 👍we can all agree BEE is the biggest load of 💩 they could come up with to loot and favor those like friends and family members for the position's filled
@kamogelok5315 The only way is to get the ANC out of the Union, that requires the vast majority of South Africans to do so, I believe that they rig our elections to stay in power. What are you going to do about it? It requires a good number of us to do something about it.
@ You think Other countries are perfect? Trust me Kamo, go outside of SA, go to London, NY, Canada you’ll come back appreciating your country! SAs main issue is crime, corruption also( but corruption is in every country). Of course you have your own reason to feel that way. You don’t have to be stuck here though, spread your wings.
@@kamogelok5315 spread your wings, go explore other countries. SA has issues, just like any other country out there. If you go to another country, you’ll get perspective and appreciate SA better. But I honestly encourage anyone to go out and see what’s out there
So he has issues with BEE so he went to Europe - where white people have an advantage. So it is "issues" in Africa when blacks are favoured but not in Europe when whites are favoured? Lazy reasoning.
Dude - I left London in 2009 because I didn't come to the UK to be in a White minority in the country's largest city...the UK is heading the same way as South Africa
Because if you listen to the whole video you will hear his daughter will have trouble with a future due to Black Economic Empowerment, thus he moved to France for his kids.
Cpt is where you go to retire if you have loads of Cash Otherwise don't bother moving there it's super expensive for the average Joe. Not a place to relocate and not being able to afford it there .
DESCRIBING BEAUTIFUL SOUTH AFRICA.....BUT LEAVING THIS BEAUTIFUL COUNTRY FOR OVERSEAS. PEOPLE WHO LEAVE SHOULD STAY WHERE THEY CHOOSED, NEVER COME BACK, AND STOP TELLING OTHERS WHAT A WONDERFUL COUNTRY SOUTH AFRICA IS ! BUSINESS REASONS,OR WHATEVER !!!!
I left and will NEVER GO BACK. Scumbags robbed me, tried to murder me, government stole my money and Joburg is a ghetto. Currency in the toilet and your safety is truly at risk. North West USA, Colorado etc is just as "BEUTIFUL ", but safe. SA is a SH--HOLE COUNTRY, RACIST BEE, WOKE, DEI JOKE. Great place TO BE FROM.
I just love Joburg, great people, buiness is best, weather is great, property costs a lot less, resturants best bang for your buck and so on, Cape Town...NO Thanks
South Africa had laws that put black people (the majority) in poverty. They weren't really allowed to go to university. It was illegal for them to start businesses. Many areas had no schools in an effort to keep the majority in poverty. If so many comments are opposed to equity laws then how to they imagine the majority gets out of poverty or would they want the status quo to remain?
The majority is starting from scratch. Those that go to university largely go through the National Students Financial Aid Scheme (NSFAS) & they become the first from their families to do so and the burden is on them to take care of the rest of the family and even build the first brick home for the family.
I'm fascinated to see so many comments from people whose families had hundreds of years of a head start complaining about equity laws that aim to get people whose poverty was designed by unjust laws into a place where they can at least have some crumbs.
Exactly 💯
💯
I've been saying this, abelungu are still fighting to keep us poor and dependent on them.
Your statement is correct that under an evil white supremacist government and scoiety, people of colour were systemattically treated horribly in general and deprived of many opportunities. As a Christian and White south african, I completely denounce that thinking and history.
However, with that said, South Africa has been rapidly dying economically due to consistant pilaging and corruption from the ever ruling black ANC since Mandela. The ANC is known for its extereme incompetence and corruption, as well as marxism that is strangling the economy and will kill it like every other marxist country in the world.
BEEE is NOT the answer, by forcing into work, university, media, sport and all aspects of life, this sterile quota that dismisses skill, merit, experience and talent. You can force black people into evey position but when the companies collapse or are less competitive, those black people end up poor anyway.
The answer is for the government to provide free/subsidised training at college/university level for more students as well as government backed work opportunities for the poor, regardless of skin colour and family background. Additionally crime must be severly punished and brought under control to incentivise international investment.
South Africa is has lost Billions of rands in lost tax revenue, due to educated and wealthy families of all colours leaving because of crime, lack of oppoprtunities and failing economy including myself and my family.
Any sensible perosn can see South Africa is on the wronf track through the ANC and its failing policies. South Africa will collapse under the ANC or even worse the EFF.
Change to better government, treat everyone equal, incentivise small businesses and back those that work hard. That is the way forward.
Many black people went to university under apartheid and many businesses were opened. Ask Herman Mashaba. He started his business under apartheid
Im working overseas but theres no place like home. Issues aside there is nothing like the South African culture and people anywhere in the world.
South Africa is beautiful and diverse country. Once we monetise our potential, the leap forward will be tremendous. - From Free State, South Africa
Absolutely!! Even just one or two of the big problems solved or even halfway solved and the results will be astounding.
Cape Town is for vacation only
Johannesburg is better and it has huge potential the problem is the people in power
There are many successful white-owned businesses in South Africa despite BEE. I find it puzzling that he points to this as the main reason for his struggles. If that's the case, his business may not have been sustainable enough to withstand the pressures of BEE. Another possible reason for his departure is that many of his family members lived outside of South Africa, so he was always considering his options elsewhere instead of focusing on making his business thrive. BEE hasn't significantly benefited black-owned businesses either, so not much has changed. It's even harder for a South African, whether white or black, to start a business and succeed in Europe.
South African expats often compare the country's problems to East and West Africa. However, they should try living there to truly understand the differences. I believe that only a small percentage of those who moved from South Africa to Europe are doing exceptionally well; life is tough out there. South Africa has many challenges, but I don't have the option to start anew in another country. Compared to other countries on the continent, we're still doing relatively well.
The western cape RIGHT UP TO NAMIBIA, is slowly yet surely being tranformed into the Monaco of Africa because of people ALL OVER the world migrating here...From Capetown South Africa Shalom
It won't go anywhere. It is Mzansi land
The African riviera
@@Siyabonga-y2l The Western Cape ....why everybody bussing into t in the thousands and not into the Eastern Cape?
Monaco , more crime prevention and common respect needed, education ,still too many stupid people
Property prices in Cape Town are getting insane. Even the ones who're earning more are complaining. Cape Town is becoming the Monaco of Africa.
Cape Town has a stunted growth for actual South Africans, while Joburg offers opportunity for locals to do well and sustain growth economically. Also, Capetonians barely leave which makes them slightly ignorant to what the reality is in the country.
Jhb has a much more of a free market economy as compared to the old money socialism of CT. ( Either you are in the old money ie the few, or you are imprisoned in slave labour)
The cost of living has skyrocketed disproportionately in Cape Town compared to Gauteng. Property prices are now literally double that of property prices in Pretoria (where I live). Gauteng offers more in terms of work opportunities and cost of living.
By the way there’s no surprise SA is a part of BRICS, the country is literally oozing with potential. Once they figure out the how to optimize the digital nomad visa the country will make a significant leap rather quickly.
I love Johannesburg.
Any good sources of information of international financial planning in South Africa? As a CPA/CFP in the international planning space who spends at least a quarter of the year in SA, I’d love to read up on it. I haven’t really seen much on SA at all.
Dude left SA for BEE 🤣🤣🤣.
You can see who he’s been hanging out with while here.
Maybe his friends will join him 😂
😂😂😂😂😂😂 BEE we dont play 🤭🤭🤭🇿🇦🇿🇦
😂😂😂😂
Unfortunately BEE is a real problem in SA, its backward, ineffective, discriminatory, counterproductive. We live in CT, our sons have EU passports, they left to study in Netherlands with the plan to stay in EU and work/live, but they didn't like it and came back home, now they work in our family business which is thriving and they are super happy. Home is always home, and I can see why you returned to the UK.
I'm a South African from the Xhosa tribe(black) and I completely agree with you on BEE, it has been the single most destructive thing to our economy since it became law more than a decade ago. Our currency fell significantly since BEE(hasn't recovered) and our economic growth fell completely since BEE(hasn't recovered either.) We have an evil leftist government that's our problem in the Republic of South Africa, but we'll fix it and we will get that ANC party out of our government completely.
if you were given an opportunity to address the past, apartheid, colonization and its effects how would you do it? or do you deny the 100s of years of systematically disadvantaging particular groups of people?
@@xpressivemusic4578 As a white South African, who grew up after Apartheid. My career choices were always under the lens of BEE, not wanting to choose a path where I would be discriminated against.
I therefore chose to work for myself, as it appears have many other white South Africans. This in turn has resulted in the mean income among white males increasing over all demographics. As a result of pressure.
I would argue that BEE has been counter productive, only really helping those black people who already came from stable homes, and those who were politically connected. And that grants discourage people from working, and are designed to keep people in poverty. Like the bread in the circus’ of Roman times.
@@Slippery_Pickle47.3 I hear you but my question still remains unanswered
@xpressivemusic4578 it has already been done. The problem is the increase of population from 10mil to 40mil and increasing. How in the world do you want to justify limiting the 2mil working band creating their own business while more than 10mil majority has most of the work in SA.
You still blaming apartheid after 30 years and most retail, government, manufacturing, service jobs have already been transferred is laughable. Take responsibility for the population increase without job creation and stop your racism.
@2:37 "south africa has issues around BEE" what issues? dont see how BEE (a policy to address the injustices of the past) would negatively impact your childred...
"..what issues?" Just exaclty how long have you been employed & in what industry? You have to be born deaf, dumb & blind to not notice the negative impact that BEE has had on the Country.
Where are you from
i am trusting you are NOT a fellow South African....with a comment like that
@@anchoragealaska3104 south african citizen working for a south african company that is BEE certified.
thank you sooo much for that comment
South Africans have got used to the system of organized chaos, they know how to negotiate the pathways. When you are faced with the over regulated environments of Australia and the USA, its difficult to manage.
Johannesburg ...the looting and extortion 'capital' of South Africa for both the ANC government and the business extortionist.
The love of money - therein lies the problem.
It will follow in Cape Town as soon as the population gets to big and more people equals more services but the more they grow the more the cracks will be there for all the above things you mentioned for joburg but for now let’s enjoy the golden age for cape town
There is more extortionists in Cape Town than in Joburg, Cape Town is the mother of organized crime, drugs and gangsterism in South Africa.
@@Januariesissharing ...there is the Republic of The Western Cape that although in the air for many years, it may land.
The Western Capers are aware of the ANC's locust devour and plunder policy by placing hundreds of thousands of its voter base all over the WC to undermine, sabotage and disrupt the region. With independence, this will be addressed - it has to be.
Have a look at Sunningdale in the Western Cape, no work, no future, yet hundreds of thousands of bussed in to the Western Cape.
I'm South African from the Xhosa tribe(black) and I absolutely hate that BEE, I think it has been destructive to our economy since it become law more that a decade ago. It's sad!
And what are you doing about it?
Well said brother 👍we can all agree BEE is the biggest load of 💩 they could come up with to loot and favor those like friends and family members for the position's filled
What do you think would be a great alternative to BEE?
@kamogelok5315 The only way is to get the ANC out of the Union, that requires the vast majority of South Africans to do so, I believe that they rig our elections to stay in power. What are you going to do about it? It requires a good number of us to do something about it.
@ equality on position based on skill and not race
Who is the speaker?
"There are problems like there are anywhere" no mate there is not problems like in South Africa everywhere
You clearly have not been to SA! Come and see
@@tpmash I'm from Sa this country is shit
@ You think Other countries are perfect? Trust me Kamo, go outside of SA, go to London, NY, Canada you’ll come back appreciating your country!
SAs main issue is crime, corruption also( but corruption is in every country). Of course you have your own reason to feel that way. You don’t have to be stuck here though, spread your wings.
@@kamogelok5315 spread your wings, go explore other countries. SA has issues, just like any other country out there. If you go to another country, you’ll get perspective and appreciate SA better. But I honestly encourage anyone to go out and see what’s out there
@@tpmashthey need to be placed in “Chiraq”, they’ll come to reality fast
I doubt any of the people who comment live in south Africa. They should come stay here.
I'm only 35 seconds into the video and I can judge by your comment that they speak positive about SA and it makes you sick to your stomach
Did live there for 30 years old, THANK GOD EVERY DAY I LEFT, BEST SAFETY AND ECONOMIC DECISION I EVER MADE
@@ndwandwewasendwedwe7964 You sound like a Comrade from "Azania"
So he has issues with BEE so he went to Europe - where white people have an advantage. So it is "issues" in Africa when blacks are favoured but not in Europe when whites are favoured? Lazy reasoning.
You lucky you could leave 😢 I love my city but we can't even find a place to rent right now😢
Dude - I left London in 2009 because I didn't come to the UK to be in a White minority in the country's largest city...the UK is heading the same way as South Africa
Blabla go 20min outside London it's 90+% whit british
@shaunm8692 buddy your comment is nonsensical. SA is not and has never been a white majority country. No part of it.
South Africa is an African country mate.
@@SundayRooster People who comment similar things to what Shaun comments don't seem to get that...
@@SundayRoosterthere are different ethnic groups within South Africa. One being the white African ethnic group.
"" Mate"
If SA is fked up why are theystill here and not leave to europe
Lol, they love it here. And some of Europe don't want them
Relax ....we are happy and xenophobic...relax and make money 💰💰💰💰💰
Because if you listen to the whole video you will hear his daughter will have trouble with a future due to Black Economic Empowerment, thus he moved to France for his kids.
Cpt is where you go to retire if you have loads of Cash
Otherwise don't bother moving there it's super expensive for the average Joe. Not a place to relocate and not being able to afford it there .
DESCRIBING BEAUTIFUL SOUTH AFRICA.....BUT LEAVING THIS BEAUTIFUL COUNTRY FOR OVERSEAS.
PEOPLE WHO LEAVE SHOULD STAY WHERE THEY CHOOSED, NEVER COME BACK, AND STOP TELLING OTHERS WHAT A WONDERFUL COUNTRY SOUTH AFRICA IS !
BUSINESS REASONS,OR WHATEVER !!!!
I left and will NEVER GO BACK. Scumbags robbed me, tried to murder me, government stole my money and Joburg is a ghetto. Currency in the toilet and your safety is truly at risk. North West USA, Colorado etc is just as "BEUTIFUL ", but safe. SA is a SH--HOLE COUNTRY, RACIST BEE, WOKE, DEI JOKE. Great place TO BE FROM.
Bye!
goodbye
You celebrate failure mfetu 😂
I just love Joburg, great people, buiness is best, weather is great, property costs a lot less, resturants best bang for your buck and so on, Cape Town...NO Thanks
Joburg is only an airport to me.... Cape town is my country...DA my government ❤❤❤