Congratulations to the people of Sout Africa. My son is born in Nelspruit. And celebrations for a strong Rand and a fairer treatment of South Africa internationally
Yes but prices of goods are measured in usd. The problem of using u benchmarked currencies is that it's a risk for Yr banks to hold such currencies. They can lose value like whirlwind overnite.
How do South Africa decide whats the Rand worth against other currencies.....still the dollar run the currencies because everything are linked to the dollar ...even the oil price .....this country will be destroyed and china and Russia will take all the minerals
@@avuazahc1966 Tell that fairy tale of yours to the over $30 TRILLION FEDERAL DEBT STRESSED Americans affected by galloping inflation! Only those with a village education in third world countries think the Dollar is King when wealthy financially educated Americans have their investments in low tax havens China, Hong Kong and Singapore. Even Canadian-South African (ranked American billionaire) Elon Musk titles the SEC Mafia, and his investments are in China with Canada's largest investments in Asian Tiger Countries, which is why the Canadian dollar is one of the basket of currencies that is stronger than the US dollar globally. Trump was never an advocate for a strong dollar, Republicans are isolationists. Over a decade ago, Donald Trump warned that the dollar was going to collapse globally because he had his investments in Saudi Arabia. In the beginning of the year China and Saudi Arabia dumbed US treasuries. Also the financially educated know that China is by far the largest passenger car market in the world. ALL TECHNOLOGY IS FROM ASIAN COUNTRIES, not America. APPLE INC. HEADQUARTERS IS IN TAIWAN, major investors are Chinese and Americans hiding their investment taxes in low tax haven China.
@@luciatheron1621 Then you must wean off technology because all the resources for technology and the manufacturing are not from the resource-limited South Africa, owned and controlled by the Anglo American founded South African Reserve Bank. The South African Inc, diamond mines are dry. South Africa would need to go back to farming, because that's how South Africa was built by the British as a former British Colony farming, mining and diamonds. ALL ELECTRONICS AND TECHNOLOGY ARE FROM ASIAN SKILLS, including India. APPLE INC. HEADQUARTERS IS IN TAIWAN, CHINA. Even with the evolution of technology South Africa didn't give rise to skilled blockchain developers who could have built a new currency to serve their people, like the Indigenous people in Brazil, they learned from the Brixton Pound in the UK. Your Khoisan nation is still begging the SA government for funds to do anything. South Africans are still slaves to the Anglo American founded, owned and controlled ZAR currency that was built to only work for international investors. South Africans never built anything, despite the country's robust manufacturing sector and a history of automotive assembly which mainly trained foreign African migrants, South Africa has never been able to establish its own homegrown car brand. For produce, South Africa is resource-limited. South Africa's talent has always been foreign Africans who were trained in Europe and Japan. I had a manufacturing company in South Africa, your BEEs didn't want to learn anything, I employed foreign Africans who were refugees. I speak as a non-white South African, born and raised in the Apartheid era of South Africa, and residing abroad for over a decade, because South African born frees think the country works on fairy dust!
Are you ok...Stoping trading with the US means no Apple products, no Ford Rangers, Netflix, Google, Microsoft etc. South Africa deeply relies on the US. We can't end trade with the US. Clearly you don't understand economics.
China is the biggest country in BRICS, followed by India their biggest trade partner is US, US is Brazil's second biggest trade partner, i rest my case
@@thatoseale8973 Shame, a mentally and psychologically colonized person like yourself cannot think for himself. I am sure you have bought your brain from the US. In economics, there are substitute products that are from other countries that we can use. But why we do not manufacture our own products in the first place.? It is because of fools like you. Once we de-dollarize, your US will be a thing of the past.
Does Newsroom Afrika too concerned about other countries' interests above our own? I don't hear Xoli Mngambi mentioning the US's heinous role in the war but singles out America's political enemies as villainous.
Botswana and Namibie just scrap a agreement of trade no vegetables are imported from us . They aint Brics country s. Farmers will be the ones who suffer because of stupid decision made by Presidents getting bribed. So no tax income for goverments ......NO PILLS FOR STUPIDITY
Our president is making good moves at the top (I think) but not taking apparent of his people at the bottom… which is not wise, it’s like building a mansion on beach sand ( with no solid foundation) He needs to really hear the cry of the nation regarding illegal foreigners in this country and sort this out as well as making the big moves. If he doesn’t, all he’s building will collapse.
lol that's cute. Over 50% of your country's imports and exports come from NATO and Western Allied countries. Less than 2% comes from Russia. Of SA's top 10 global trade agreements half are with NATO/Western countries. AGOA gives you tariff-free access to the largest most advanced economy in the history of mankind. China imposes crippling tariffs on South African imports and tricks you into predatory loans. South Africa criticizes the US on policy issues all the time. We don't 'punish' you with anything, we agree to disagree. Imagine what would happen if Ramaphosa criticized Xi or Putin. You'd have combined china russia military 'exercises' off the coast of Cape Town within a week and Eskom's power grid would suddenly fall prey to a massive hack.
It's a Chinese manufactured phone, and it doesn't matter. What matters is what's best for the country.. I'm a Patriot and not a whisky monopoly supporter
I’m moving away from tech with back doors . I remember the pagers that exploded and killed women, children ,doctors and nurses . So for me western tech is on the way out of my house .
@@sandilemfeka4658 please tell me you are not a rock..... Your anc looted eskom. Your anc buys coal from their friend 1000% more than what it actually cost. Why do you think electricity is so expensive.. What about your father zuma and the guptas corruption at eskom. What about the mismanagement of eskom by the anc.... You are an uneducated person. Sad that people like you exist.
It's a great initiative but the major question that remains is, will the south african economy be able to absorb the difficulty/hardship we are going to experience before reaping the benefits? Inflation, interest rates, shortage of goods and services not forgetting the American products that we have become so reliant on.
Dollars will be downgraded so it wort nothing acording to brics so cyril dollars will be not a crime ...africas culture for prevention of criminal behaviour.
@@QhayiyaCobo-ts9me actually for the reason that he mentioned later in the video. Chinas 'foreign development policy' is so bad and brics really runs to thier beat.
When is the BRICS currency going to be used if local currencies are to be used for trade? Why was it created because i think it should already be rolled out to member countries to trade with
Ramaphosa he looks like he doesn't like what he's doing, he feels like he's betraying he's American masters 😂😂😂and he is caught at the end of the road now😂😂😂
So we are trading with Saudi Arabia too and their human rights record is very questionable. Why don’t you ask about that or was that question not in the script you were given this morning by your handlers?
I understand the sentiment but, we have to be realistic. The dollar is accepted by everyone in the world and the brics will take time. It does not have a collective currency nor are the countries together able to compete with the dollar. We must be patient with this idea; in the mean time, i believe it best to strengthen the AU and build a promising Africa for all.
The dollar should not be accepted by everyone in the world. Its not everyone’s currency. So It’s wrong and only due to imperialism. That is the more reason to move away from the dollar
The Mbridge payment system converts any currency into local currency. So you can buy with rupees in south Africa and it automatically gets converted to Rand upon transfer 😂😅😂❤
The dollar should not be accepted by everyone in the world. It is not everyone’s currency. So it’s wrong and only due to imperialism and America’s supremacist objectives. In fact this is more reason to move away from the dollar.
yes but the Dollar is a threat to every country coz it is weaponized and if South Africa decides to chase its interests that do not align with the US like Nuclear weapons for example we can be sanctioned so we have to pursue this and remember some African countries are servants of the West just like DA so the thing that are talking about will be difficult
been hearing about brics for more than a year now but nothing is happening , our basic needs are still expensive we just implementing BRICS with the mouth
I'm sure that most of the Brics community would've made economic adjustments in recent years in anticipation of this move towards de-dollarisation. I foresee a time when the US & EU will be forced to join the Brics alliance as a matter of economic survival.
South Africa will regret this 😢 most of the countries in history that tried to bring down the dollar or Federal Reserve Bank the result is a WAR hay sitobona
Stop lying dollar have been declining as a reserve currency long ago ,BRICS+ is huge markets u can buy or sell everything u want ,using rand currency. Dollars is no longer controlling everything
I wish this was a decolonial move but for our case in Nairobi the local currency is being printed by a German firm.. we might as well retain Amerikan imperialism...
Oh when victims are given a voice the doctor sits at the back of the classroom. South Africa will never brake away from the dollar, stop being silly 😂😂😂
So what does it mean. If you want to import something you go to your central bank and You print more money then buy gas from russia... Trading in local currency is economic disaster!
America's human rights values is not exactly what South Africa subscribers to... so, we shouldn't trade with anyone then. I liked Lumkile's response to Xoli, who was adamant to sway his responses a certain way by his style of questioning.
If southafrica was a true brics member they should have used gold standard 1 2 tbey should have started shifting from swift banking system 3 rt and indian news channels vessa vee
Why do you make this about US? I mean this group of countries agree to use their own currencies, what's wrong with that? I'm scared of the western education
Not easy to play both sides, he? The plans are falling nicely into place that we could see boots on the gound in SA soon. There is only the seerood that is important for SA to offer the world.
The US is our second biggest trading partner. If we lose that trade. The amount of jobs that will be lost would be catastrophic to the economy. I do not see Russia replacing the US in that trade.
From Google (which also belongs to the us) .. "Trade In July 2024, the top exports of United States to South Africa were Diamonds ($49.4M), Motor vehicles; parts and accessories (8701... ($45.1M), Refined Petroleum ($38.1M), Commodities not elsewhere specified ($26.8M), and Cars ($24M)." It won't just restrict trade with the US itself but also with their closest allies such as Japan and South Korea. So say goodbye to alot of your favourite electronics, goodbye Samsung, LG, Sony, PlayStation, Xbox, tech company services based out of the US. Goodbye to advanced pharmaceuticals etc.
Xoli was getting the answers he and his bosses didn't want, you can tell he's not himself 😂😂 with or without the US abd and the West. SA will move on with life just fine.
Maybe it's about time Africa should think of one monetary zone ..one African High Command..with made in Africa product. Goods and services obviously its a win win situation. Then Africa can reclaim its position as the Rulers of Kingdoms and dynasties
bangazo dlala ngathi laba, just coz we voted doesnt mean we dont understand international affairs. Stop dividing the world because of your own personal ambitions and preferences.
😂😂😂 yet the dollars are under the couch
Tell botox zille to stop protecting him
@@silaskhalishwayo Botox😂😂🤣
Moer!!🤣
😂❤😂❤
That's his dollars😂
Congratulations to the people of Sout Africa. My son is born in Nelspruit. And celebrations for a strong Rand and a fairer treatment of South Africa internationally
Lost hope in Cyril . India has been buying diesel with its own currency from Russia very very cheap ❤❤❤
Yes but prices of goods are measured in usd. The problem of using u benchmarked currencies is that it's a risk for Yr banks to hold such currencies. They can lose value like whirlwind overnite.
And selling it to European market with dollar
@@mzerk9324Soo it's better to use the USD so we can be sanctioned?
People like you provide no solutions
How do South Africa decide whats the Rand worth against other currencies.....still the dollar run the currencies because everything are linked to the dollar ...even the oil price .....this country will be destroyed and china and Russia will take all the minerals
Yes, and pudding uses that indian money to zero ukrainian citizens...you call that own enterest too?
Is Xoli a DA member? He's line of questioning is really suspicious.
[He's line of questioning is really suspicious.] Xoli is my worst journalist, always not allowing the interviewee to have there say.
He does come across as such i'm affriad to say ... now ownder why he is always wearing a "blue suit"
😂😂😂😂😂
I believe he is. He's smart enough to toe the line but it's not as hidden as he might think
He is ,in good standing😂😂😂
this is the best route out of the manufactured poverty from inflation caused by uncontrolled dollar printing.
Dreaming
@@avuazahc1966 Tell that fairy tale of yours to the over $30 TRILLION FEDERAL DEBT STRESSED Americans affected by galloping inflation! Only those with a village education in third world countries think the Dollar is King when wealthy financially educated Americans have their investments in low tax havens China, Hong Kong and Singapore. Even Canadian-South African (ranked American billionaire) Elon Musk titles the SEC Mafia, and his investments are in China with Canada's largest investments in Asian Tiger Countries, which is why the Canadian dollar is one of the basket of currencies that is stronger than the US dollar globally. Trump was never an advocate for a strong dollar, Republicans are isolationists. Over a decade ago, Donald Trump warned that the dollar was going to collapse globally because he had his investments in Saudi Arabia. In the beginning of the year China and Saudi Arabia dumbed US treasuries. Also the financially educated know that China is by far the largest passenger car market in the world. ALL TECHNOLOGY IS FROM ASIAN COUNTRIES, not America. APPLE INC. HEADQUARTERS IS IN TAIWAN, major investors are Chinese and Americans hiding their investment taxes in low tax haven China.
We must just boycott US manufactured goods or stop trading with the US. Let us decouple.
We must produce our own not import. We did before and can again.
@@luciatheron1621 Then you must wean off technology because all the resources for technology and the manufacturing are not from the resource-limited South Africa, owned and controlled by the Anglo American founded South African Reserve Bank. The South African Inc, diamond mines are dry. South Africa would need to go back to farming, because that's how South Africa was built by the British as a former British Colony farming, mining and diamonds. ALL ELECTRONICS AND TECHNOLOGY ARE FROM ASIAN SKILLS, including India. APPLE INC. HEADQUARTERS IS IN TAIWAN, CHINA. Even with the evolution of technology South Africa didn't give rise to skilled blockchain developers who could have built a new currency to serve their people, like the Indigenous people in Brazil, they learned from the Brixton Pound in the UK. Your Khoisan nation is still begging the SA government for funds to do anything. South Africans are still slaves to the Anglo American founded, owned and controlled ZAR currency that was built to only work for international investors. South Africans never built anything, despite the country's robust manufacturing sector and a history of automotive assembly which mainly trained foreign African migrants, South Africa has never been able to establish its own homegrown car brand. For produce, South Africa is resource-limited. South Africa's talent has always been foreign Africans who were trained in Europe and Japan. I had a manufacturing company in South Africa, your BEEs didn't want to learn anything, I employed foreign Africans who were refugees. I speak as a non-white South African, born and raised in the Apartheid era of South Africa, and residing abroad for over a decade, because South African born frees think the country works on fairy dust!
Are you ok...Stoping trading with the US means no Apple products, no Ford Rangers, Netflix, Google, Microsoft etc. South Africa deeply relies on the US. We can't end trade with the US. Clearly you don't understand economics.
China is the biggest country in BRICS, followed by India their biggest trade partner is US, US is Brazil's second biggest trade partner, i rest my case
@@thatoseale8973 Shame, a mentally and psychologically colonized person like yourself cannot think for himself. I am sure you have bought your brain from the US. In economics, there are substitute products that are from other countries that we can use. But why we do not manufacture our own products in the first place.? It is because of fools like you. Once we de-dollarize, your US will be a thing of the past.
Xoli is disappointed by the doctor's posture 😂😅. Thank you Doc
And he can't help it Shem😃😃😃
And he can’t argue
True
He was paid to run another narritive you can here it by the posture of his question but he faild dismally.
Does Newsroom Afrika too concerned about other countries' interests above our own? I don't hear Xoli Mngambi mentioning the US's heinous role in the war but singles out America's political enemies as villainous.
Exactly, US interests are more important to Xoli more than our own interests
@@flavaofthemonth8786
Mhmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
South African must start to accept currencies of Namibia, Lesotho, Botswana and Eswatini.
They can't even do this simple thing. It's just cheap talk to me.
Botswana and Namibie just scrap a agreement of trade no vegetables are imported from us . They aint Brics country s. Farmers will be the ones who suffer because of stupid decision made by Presidents getting bribed. So no tax income for goverments ......NO PILLS FOR STUPIDITY
What about zimbabwe currency😂😂😂
@@privilegeelkanah1697
Yhoooooo 😂😂😂😂😂😂😂
Does it have the value?
clown, all those currencies except the pula is pegged to the South African Rand.... youre welcome
Local is lekker, BRICS is delicious 😂😅😂😅❤
Local is lekker,you are a Capetonian.
How
@@KhanyisoNtloko club for losers
BRICS: Delicious for Thieves
Lol😂
At last
Free from abusive dollars
Long live the spirit of colonel
Mohammar Ghadafi
No more dollars transactions
THANKS BRICS
How
@@Kikimorris5 poverty 3rd world style
Our president is making good moves at the top (I think) but not taking apparent of his people at the bottom… which is not wise, it’s like building a mansion on beach sand ( with no solid foundation)
He needs to really hear the cry of the nation regarding illegal foreigners in this country and sort this out as well as making the big moves. If he doesn’t, all he’s building will collapse.
It already collapsed
@@Ritesh-yy1zr why are you still here then?
@@unathimichaelmxaku8105 dosent effect me where I am.
@@unathimichaelmxaku8105 good question 😂
A president that is a thief..............what a shame
Who owns Newsroom? The poor journalists sound pathetic with this line of questioning.
How many countries has US and Nato destroyed
Minority owns 😢😢😢
lol that's cute. Over 50% of your country's imports and exports come from NATO and Western Allied countries. Less than 2% comes from Russia. Of SA's top 10 global trade agreements half are with NATO/Western countries. AGOA gives you tariff-free access to the largest most advanced economy in the history of mankind. China imposes crippling tariffs on South African imports and tricks you into predatory loans. South Africa criticizes the US on policy issues all the time. We don't 'punish' you with anything, we agree to disagree. Imagine what would happen if Ramaphosa criticized Xi or Putin. You'd have combined china russia military 'exercises' off the coast of Cape Town within a week and Eskom's power grid would suddenly fall prey to a massive hack.
The Domestic Animals are furious
Things are changing, they should seat back and relax it's too late.
😂😂😂😂you are so funny
😂😂😂😂😂😂 Domestic Animals.
@@ndwandwewasendwedwe7964 must be your specie
😂
He is making a good point, it will also strengthen the rands and less long-term reliance on the dollar for international trade.
Good why should we use usd instead of our own currencies
@@siyabongakhumalo6841 because your currency is worth sht
@@really.unlikely
Isn't the shit yours too?
DA, should sit this one out. Big boys are talking now. this is beyond thier paygrade, they should stick to internal politics
@@My_handsome_King 😂😂😂😂🤣
Great insights and balanced analysis with SA interests at heart.❤
Why do we need America, Trump can threaten all he wants, we must leave da and go ahead with bricks...
You’re commenting on an American platform, using a phone powered by American software and a processor designed by Americans 😂
@io_inc but ironically phone is made by chinese manufacturers. And os is developed by indian engineers 😂.
It's a Chinese manufactured phone, and it doesn't matter. What matters is what's best for the country.. I'm a Patriot and not a whisky monopoly supporter
I’m moving away from tech with back doors . I remember the pagers that exploded and killed women, children ,doctors and nurses . So for me western tech is on the way out of my house .
@@WamoAfrica
Good
Lol, even Ramadolla is jumping ship... Kubi, Kubi mtase 😅😂😂😂
I know DA is going to cry over this agn everything the president does they never support it .
Jip because they use commen sense. You lack that. Look what the country has become 😂😂😂
@@Dalf80sI bet you won't complain about the crooks who collapsed Eskom. You still think the ANC is the reason for load shedding.
@@sandilemfeka4658 please tell me you are not a rock..... Your anc looted eskom. Your anc buys coal from their friend 1000% more than what it actually cost. Why do you think electricity is so expensive.. What about your father zuma and the guptas corruption at eskom. What about the mismanagement of eskom by the anc.... You are an uneducated person. Sad that people like you exist.
They already are😂
The country is what it is but crying won't help just go with the flow .
Its very realistic, its happening currently.
Yes,we must use sofa currency 😂😂
Good 👍🎉
It's a great initiative but the major question that remains is, will the south african economy be able to absorb the difficulty/hardship we are going to experience before reaping the benefits? Inflation, interest rates, shortage of goods and services not forgetting the American products that we have become so reliant on.
So the man with a couch stuffed full of Dollars doesn’t want to use the Dollars. 30% pass rate logic 🙄 Thanks ANC 👏👏👏 You’re doing amazing!
Aren't dollars Ramaphosa's?
Good question by the host. I don't think that they can move away from the dollar ❤❤
Brics is using 40% gold,trading currency for BRICS partners 60%.
Use local currency while I Ramaphala hide dollars under the mattress😂
A good way of not using them...
Dollars will be downgraded so it wort nothing acording to brics so cyril dollars will be not a crime ...africas culture for prevention of criminal behaviour.
Ramadollar is a liar, you know mos 😂😂😂😂😅😅😅 i
Ramaphosa tell lies and cares no farthing to whoever has a problem with those lies.
I hate Ramaphosa's economy but love his international moves shame
It's not him but threatened
Really hate brics but.... yes, the dollar as the default creates artificial demand for it. Free market must determine that value.
Why do you hate BRICS?
@@QhayiyaCobo-ts9me actually for the reason that he mentioned later in the video. Chinas 'foreign development policy' is so bad and brics really runs to thier beat.
True, China and Russia will definitely push their hidden agendas instead. I think India is a sober member though.
Great answers 👏🏾👏🏾👏🏾
RamaDollar telling us not to use the dollars while he stockpiles his undeclared dollars in furniture, nice one.
"Put South Africa first" I like that!✊🏼
I see no benefit in the US Dollar 🇿🇦💯
When is the BRICS currency going to be used if local currencies are to be used for trade? Why was it created because i think it should already be rolled out to member countries to trade with
Forgive me for not having a lot off confidence in our president and the anc kabal,they did not do well the last 30 years.
🎉 welldone Mr Ramaphosa
That's why we must not listen to politicians.
Ramaphosa he looks like he doesn't like what he's doing, he feels like he's betraying he's American masters 😂😂😂and he is caught at the end of the road now😂😂😂
Thanks to Zumas initiation to bricks
So we are trading with Saudi Arabia too and their human rights record is very questionable. Why don’t you ask about that or was that question not in the script you were given this morning by your handlers?
It's laughable that the presenter refers to values without mentioning American genocide activities in Palestine
Southafrican has no sovregn central bank so how can they say local currency yet we are not in charge
xoli is america a democracy?how about gaza
look whose talking
What is South africa trading with America with besides iphones 😂😂😂😂😂😂😂
😂😂😂😅😅😅 But he himself had dollars. So he can have - but no one else 😅😂
What a bloody fool !!!!
Come back and sort out Phala Phala....Liar!!!
😂🫴🏽🫴🏽🫴🏽🧬🤡🤡🤡🌍🇿🇦😹
Wena Xoli
USA : crying😭😭😭😭
BRICS: What happen?
USA : Dollar is f*cked
Lol yet he uses the dollar to save his money what a joke
💯! Put South Africa 1st.
VIVA RAMAPHOSA
Is President Ramaphosa
Can anyone tell me what does the Federal Reserve hold as reserves.
Dollar must fall
Xoli is a DA member he side's with the DA. Sellout. Nongqawuse of this generation
but my president himself loves the United States dollar. why must I use what he doesn't use
😅😅😅
I understand the sentiment but, we have to be realistic. The dollar is accepted by everyone in the world and the brics will take time. It does not have a collective currency nor are the countries together able to compete with the dollar. We must be patient with this idea; in the mean time, i believe it best to strengthen the AU and build a promising Africa for all.
The dollar should not be accepted by everyone in the world. Its not everyone’s currency. So It’s wrong and only due to imperialism. That is the more reason to move away from the dollar
The Mbridge payment system converts any currency into local currency. So you can buy with rupees in south Africa and it automatically gets converted to Rand upon transfer 😂😅😂❤
The dollar should not be accepted by everyone in the world. It is not everyone’s currency. So it’s wrong and only due to imperialism and America’s supremacist objectives. In fact this is more reason to move away from the dollar.
yes but the Dollar is a threat to every country coz it is weaponized and if South Africa decides to chase its interests that do not align with the US like Nuclear weapons for example we can be sanctioned so we have to pursue this and remember some African countries are servants of the West just like DA so the thing that are talking about will be difficult
@@KhanyisoNtloko He said "let's be realistic" you failed the task... Crypto is never the answer.
poor questions will generate flipping poor answers
Yes Mr President, localise the currency
Good and genuine questioning from the journalist. Iran and SA values 🤣🤣🤣
The same dollars he had hidden and evaded tax in his farm and later played victim his a bloody crook
been hearing about brics for more than a year now but nothing is happening , our basic needs are still expensive we just implementing BRICS with the mouth
It's happening trust me ask yourself why the G7 are panicking with trump inserting sanctions
I'm sure that most of the Brics community would've made economic adjustments in recent years in anticipation of this move towards de-dollarisation. I foresee a time when the US & EU will be forced to join the Brics alliance as a matter of economic survival.
South Africa will regret this 😢 most of the countries in history that tried to bring down the dollar or Federal Reserve Bank the result is a WAR hay sitobona
Stop lying dollar have been declining as a reserve currency long ago ,BRICS+ is huge markets u can buy or sell everything u want ,using rand currency. Dollars is no longer controlling everything
🔥🔥
I wish this was a decolonial move but for our case in Nairobi the local currency is being printed by a German firm.. we might as well retain Amerikan imperialism...
Father God protect the walls of Jerusalem in Jesus Name -
Yes. How can you invade a Sovienty Estate? Does he know what's a Sovienty Estate?
Does Xoli have someone whispering in his ears? He speaks as though someone is in his earpiece
..all in all we're just another BRICS in the wall
Does Xoli get his questions from 16 Mill St, Oranjezicht, Cape Town.... aowa. Blatant puppet tendencies.
His just confusing people this one because his a dollar himself
Lol, who? 😂😂
Kakade
On behalf of all viewers, Newsroom should have a a WhatsApp channel already.
Whu Mandela's quote was sabotaged?😢
Oh when victims are given a voice the doctor sits at the back of the classroom. South Africa will never brake away from the dollar, stop being silly 😂😂😂
The irony 🤣🤣🤣🤣
So what does it mean. If you want to import something you go to your central bank and You print more money then buy gas from russia...
Trading in local currency is economic disaster!
America's human rights values is not exactly what South Africa subscribers to... so, we shouldn't trade with anyone then.
I liked Lumkile's response to Xoli, who was adamant to sway his responses a certain way by his style of questioning.
If southafrica was a true brics member they should have used gold standard 1
2 tbey should have started shifting from swift banking system
3 rt and indian news channels vessa vee
Cyril should seek advice from Modi... On how to handle this conflicting pressures...
When you make choices based on emotions and not logic, you set yourself up for very emotional outcomes, lol.
Идущий путь осилит.
У всего есть начало и есть конец ( кроме бога) и у доллара как мировая валюта будет конец
So true 🌸
GHADHAFFI DIED FOR IT"that's how realistic IT IS
he did not have rands under the couch.. he had american dollars, right?
Why do you make this about US? I mean this group of countries agree to use their own currencies, what's wrong with that? I'm scared of the western education
Dollar👎👎👎
Not easy to play both sides, he? The plans are falling nicely into place that we could see boots on the gound in SA soon. There is only the seerood that is important for SA to offer the world.
The US is our second biggest trading partner. If we lose that trade. The amount of jobs that will be lost would be catastrophic to the economy. I do not see Russia replacing the US in that trade.
Please school me what are the greatest imports?
@@zandilemnisi6771 Nam, I wish to learn a few or two ...
From Google (which also belongs to the us) .. "Trade In July 2024, the top exports of United States to South Africa were Diamonds ($49.4M), Motor vehicles; parts and accessories (8701... ($45.1M), Refined Petroleum ($38.1M), Commodities not elsewhere specified ($26.8M), and Cars ($24M)."
It won't just restrict trade with the US itself but also with their closest allies such as Japan and South Korea. So say goodbye to alot of your favourite electronics, goodbye Samsung, LG, Sony, PlayStation, Xbox, tech company services based out of the US. Goodbye to advanced pharmaceuticals etc.
Us will bite back
Thats for sure.
Xoli you are a sell out 😂
Great! Work hard to help Putin pay 2trillion in gold restitution to Ukraine 😢
😂😂😂
Says the fool who sold fake ankoles in us dollars😢
How is he a fool if he sold fakes for dollars😂
😂😂😅
Smart ass
Oh,he is very smart that one.
Xoli was getting the answers he and his bosses didn't want, you can tell he's not himself 😂😂 with or without the US abd and the West. SA will move on with life just fine.
Wait till Trump gets into office 😂
Monopoly money like the rand ? Why does he only steal dollers euro and pounds
Maybe it's about time Africa should think of one monetary zone ..one African High Command..with made in Africa product. Goods and services obviously its a win win situation. Then Africa can reclaim its position as the Rulers of Kingdoms and dynasties
Never
bangazo dlala ngathi laba, just coz we voted doesnt mean we dont understand international affairs. Stop dividing the world because of your own personal ambitions and preferences.
Sihlushekiswa ngamabomu