#SHSI Episode 21 - SOUTH AFRICA HAS A LAND EXPROPRIATION QUESTION THAT MUST BE ANSWERED TODAY!
The Land Audit reveals that Whites in SA own 26m ha, or 72%, of the total 37m ha of farms and agricultural holdings by individual landowners, followed by Coloureds at 5.3m ha, or 15%; Indians at 2m ha, or roughly 5%; Africans at a paltry 1.3m ha, or 4%; others at 1.2m ha, or 3%; and co-owners at 425K ha, or 1%. Now for those that might click away from this video even before it gets going and might not get to the end and the gist, lets address the Donald Trump comments quick, quick for your benefit…Donald Trump has been lied to by AfriForum & other right-wing machinery organizations about what the Land Expropriation Bill of South Africa is and isn’t.The South African government is NOT repossessing, dispossessing, or confiscating land from certain classes of people.If you have evidence of this, direct us through links in the comments. Now, other than the Afriforum right-wing misinformation machine running at full tilt around this, what I think we should deal with first in this video at least is the land question around South Africa and get into the nuts and bolts of who owns what and what we can do to move forward.The AfriForum/Elon/Silicon Valley/right-wing groups with their global connections and the dangers that they pose to SA are another issue that deserves its own video, but, however, to me at least, their actions will inadvertently unite Black people again by piercing the veil on non-racialism and will make it clear that racist actions in SA are still alive and well. That video we will get to at a later stage. I don’t want to make this issue too complex, at least in one video.
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24:25
#SHSI Episode 20 -HOW MARKUS JOOSTE BROUGHT DOWN STEINHOFF & LOST R250 BILLION+ !
On Wednesday, 20 March 2024, one of the biggest individual corporate fines in SA history was handed out to Markus Johannes Jooste, R475 million—nearly half a billion. Markus had been trying as hard as he could to keep a low profile since the 2017 spectacular collapse of the company he ran, Steinhoff.So the story goes that, on the day after the fine was handed out, 63 year old Markus waited for his wife to go out to play a round of golf. He then made his way to nearby a cliff path that was close to his magnificently lavish home in Hermanus — in fact that same home had walls that had been vandalized multiple times with graffiti , emblazoned with words like “fraudster," “con artist,” and "psychopath" ." This day the 21st March 2024, was the last day that the former CEO of Steinhoff and mastermind of South Africa’s greatest corporate scam met his end by his own hand… Steinhoff’s destruction caused by Markus and his motley crew now stands at an estimated R250 billion, $13 billion. That how much money was lost from his alleged criminality.Now, as a decent enough consumer of south African conspiracy theories I must mention that some people believe that he never actually died and that he’s hiding on some tropical island... with Gavin atson... But I’d rather stick to facts and not so much braai time stories for now... Unless someone has evidence that they can email me...But honestly, what I think makes people feel like his death is highly suspicious is that it came the day after the Financial Sector Conduct Authority (FSCA) issued a ruling confirming this and fining him R475 million, and the day before that, he had been instructed to hand himself over to the Hawks...So the pressure had been mounting...
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26:37
#SHSI Episode 19 - WHY DO A FEW SOUTH AFRICAN COMPANIES OWN EVERYTHING?
The Johannesburg Stock Exchange, or JSE's all-share market cap, currently stands at close to R20 trillion.This is the market value of all the companies listed on the JSE when combined.For reference, SA’s GDP sits at around 4,644,546.00 ZAR million as of September 2024.But remember, that’s the number value of what we produce every year in goods and services in the country. Now the JSE has approximately 400 companies listed on the Main Board and the AltX Board, and they have more than 800 securities available on its equity market.According to a dailyinvestor.com report, Black people had 39% board control of companies listed on the JSE, up from 28% in 2020. However, 0% of listed entities were 100% Black-owned, the same as in 2020.The Voting rights of Black people in 2021 stood at 19.10% and the latest from the JSE is that in 2022 it stood at 20.37%However when contrasted with the Economic interest, the value of actual shareholding that Black people have in JSE listed companies in 2021 was at 13.79% and by 2022 was listed 14.85%Why are these numbers NB? Well, we are going to go on a little journey together, one that will illuminate the make-up of actual competition in when it comes to south African companies...Then maybe start to ask ourselves the question around whether our economy is truly competitive or are industries just disguised monopolies right in our faces?
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#SHSI Episode 18 - A CONVERSATION WITH GAUTENG MEC LEBOGANG MAILE: MINING INVESTMENT | ZAMA ZAMA's | DEVELOPMENT
So here's something interesting. On the sidelines of the mining indaba 2025 conference. I got the opportunity to grab the ear of the MEC for finance and economic development in Gauteng, Ntate Lebogang Maile. We had what I would call an insightful and very interesting conversation going back and forth around mining, investment, Gauteng’s key sectors, and even how we deal with corruption and economic growth challenges in the province.Now I want to just say that, sometimes being a one-man band can be tricky, and my mic 🎤 gave up at some point, but I kept rolling. Apologies for that sound issue. But I think this will be a good podcast either way. Let me know in the comments what you thought about it.
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#SHSI Episode 17 - WHY IS CAPE TOWN'S CBD SO MUCH CLEANER THAN JOHANNESBURG & DURBAN?!
I’ve always wondered why Cape Town is supposedly seen as being cleaner, or at least it gets the tag of being cleaner than JBH and DBN at least. To be fair, it does pass the eye test, especially when it comes to the CBD areas.Combined, SA’s 3 largest cities spend roughly R9,2bn ( around $500m) to stay clean... but the question is, are they R9BN clean?It's not a secret that JHB and DBN are seen as having dirtier and less cleaner CBDs, but I must say that more recently, DBN's reputation seems to be starting to change for the better. But this got me thinking about the numbers and facts that directly impact how clean a city’s CBD and its other parts are. So I started digging...
I am Zimasa Vabaza, more commonly known as @mooshtaffa on social media. I created this platform because of the love I have for simplifying socio-economic knowledge around South Africa, SADC, Africa, & the globe. Here we cover small & big stories that matter—stories that you should know but from a different, less explored perspective.
We also host podcast-style conversations with interesting people. We hope you will watch, engage, and enjoy.
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