I appreciate Foreign Direct Investment, but we must be able to strike the balance well, South Africa must never become like Namibia where foreigners own almost all the land and business but locals own almost nothing. We must introduce long term leases for foreign owned companies and not sell the land.
Anything is sold under ANC, we dont state bank that rescue under performing businesses in S.A. infact foreigners companies with big money comes and buy all struggling businesses. The Dome in Johannesburg was sold under city of Johannesburg and turn into car show now artists dont knw where to perform.
The government is broke, therefore the country is broke, the anc government has borrowed a lot of money, our debt to gdp ratio is sky rocketing many government services are now funded by debt, we are so desperate we selling the crockery and soon the family jewels
Lovely summary. I think there needs to be a deliberate effort to expose South Africans to the world as it is, so they understand what they have and learn how to sustain and improve it. Despite the problems in SA, it's easy for SA'ns to take the privilege and opportunity for granted. The world will not wait! I would for SA to abandon small things and focus on the bigger picture.
And for the youth who become empowered to go back to there parents and grand parents... The number of elderly people buying airtime to use it to make calls is ridiculous, we owe it to our parents to teach them how to buy data and how to use technology more efficiently in general
South Africa is oozing with potential from KZN to Mafikeng however signing bills into law such as land expropriation will chase away these investors faster than you can say hyperinflation and Zimbabwean starvation! This is why black people in particular should be fighting against this and defending property rights for all those that have legally purchased their properties I can’t emphasise enough how important this is to all of our futures here. You take away property rights you take away prosperity for all it’s very simple.
You are going to make me upset. At 1:29 I feel that this clip is going to make me sooo angry just before Christmas 2024. So, I have decided to just move on to the next on my list to watch
Everything is commercial in that space… in my books SA has done well in the space. That tourists come to do wine tours speaks volumes. However, more should be done to bolster the industry even further. Branding around the industry should be intentional to gain mind share in the global market. South African wines should be in wine cellars globally by choice and also by simple virtue of them being from South Africa. People pay premium for Swiss made watches…even though some of he brands are not as high end as some Japanese or German brands. But that speaks to the collective branding of that industry in Switzerland. This is what needs to happen more in SA with the wines. Foreign investment is a good indication that you guys are doing well… just be savvy about it (l guess that’s the pain of the video).
The Covid lockdowns and restrictions on alcohol really hurt the wine industry. You have businesses still carrying big debts accumulated during Covid. And to make things worse, the Russian sanctions were updated at the end of 2023 to include wine. Russia was a big market for our exported wine and now our wines cannot be exported there. Some businesses had already sent the wine before the change and could not retrieve the payments made by the Russians due to the sanctions
Hundred years from now l hope a South African RUclipsr will be talking about how Zimbabweans planted the seed for a multimillion Rand industry in South Africa 😅🫶🏽 Sorry l just had to be that guy today🙈
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This is so sad. South Africa is up for sale, and so cheap for foreigners.
I appreciate Foreign Direct Investment, but we must be able to strike the balance well, South Africa must never become like Namibia where foreigners own almost all the land and business but locals own almost nothing. We must introduce long term leases for foreign owned companies and not sell the land.
Anything is sold under ANC, we dont state bank that rescue under performing businesses in S.A. infact foreigners companies with big money comes and buy all struggling businesses. The Dome in Johannesburg was sold under city of Johannesburg and turn into car show now artists dont knw where to perform.
DA does the exact same. Western cape is a DA province and look whats happening there, locals are being priced out of cpt
Another example of how socialist (ANC) and neoliberals (DA) don’t know how to lead this country into greatness
ANC does not govern WC where most wine farms are
@@glendlebock2654 ANC does not control national finance?? Hahaha
How does ANC fit on this topic now.
I need to start a wine brand in the next 10 years
But why are we selling? Asking retoricaly.
We, the people don't own it
The government is broke, therefore the country is broke, the anc government has borrowed a lot of money, our debt to gdp ratio is sky rocketing many government services are now funded by debt, we are so desperate we selling the crockery and soon the family jewels
You the blacks are not we the people… you the illegal immigrants and Europes are buying up assets because if BRICS
At this point it honestly is what it is; it’d be of no use to complain about a race that one doesn’t even have a horse in..
Lovely summary. I think there needs to be a deliberate effort to expose South Africans to the world as it is, so they understand what they have and learn how to sustain and improve it. Despite the problems in SA, it's easy for SA'ns to take the privilege and opportunity for granted. The world will not wait! I would for SA to abandon small things and focus on the bigger picture.
And for the youth who become empowered to go back to there parents and grand parents...
The number of elderly people buying airtime to use it to make calls is ridiculous, we owe it to our parents to teach them how to buy data and how to use technology more efficiently in general
South Africa is oozing with potential from KZN to Mafikeng however signing bills into law such as land expropriation will chase away these investors faster than you can say hyperinflation and Zimbabwean starvation! This is why black people in particular should be fighting against this and defending property rights for all those that have legally purchased their properties I can’t emphasise enough how important this is to all of our futures here. You take away property rights you take away prosperity for all it’s very simple.
🙄
@@nguboyengwekaluvuyo6219 I guess you can’t argue with facts so you have to use emojis m?
You are going to make me upset. At 1:29 I feel that this clip is going to make me sooo angry just before Christmas 2024. So, I have decided to just move on to the next on my list to watch
Lol
get ready to buy R500 for wine bottles
And it was harvest in S.A. but produced in Europe the same with American swiss, the gold is from S.A. but production in American.
Everything is commercial in that space… in my books SA has done well in the space. That tourists come to do wine tours speaks volumes. However, more should be done to bolster the industry even further. Branding around the industry should be intentional to gain mind share in the global market. South African wines should be in wine cellars globally by choice and also by simple virtue of them being from South Africa.
People pay premium for Swiss made watches…even though some of he brands are not as high end as some Japanese or German brands. But that speaks to the collective branding of that industry in Switzerland. This is what needs to happen more in SA with the wines. Foreign investment is a good indication that you guys are doing well… just be savvy about it (l guess that’s the pain of the video).
The Covid lockdowns and restrictions on alcohol really hurt the wine industry. You have businesses still carrying big debts accumulated during Covid. And to make things worse, the Russian sanctions were updated at the end of 2023 to include wine. Russia was a big market for our exported wine and now our wines cannot be exported there. Some businesses had already sent the wine before the change and could not retrieve the payments made by the Russians due to the sanctions
Hundred years from now l hope a South African RUclipsr will be talking about how Zimbabweans planted the seed for a multimillion Rand industry in South Africa 😅🫶🏽
Sorry l just had to be that guy today🙈
NOT MAKE SURE