46th Edition       Into SA


November 2018


Into SA eBRIEF provides up-to-date, relevant legal, economic and political news as well as country indicators for selected Sub-Sahara African Countries
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South Africa      vs.                                      

... trapped between Risks and Opportunities
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The Contestants
  • South Africa
  • Zimbabwe

Fiscal Round
  • South Africa: Exchange Rate & GDP
  • Zimbabwe: Lack of Cash & Multi-Currency Trade

  • Ramaphosa's New Cabinet
  • Mnangagwa's New Cabinet

The Taxman
  • Mid-Term Budget South Africa
  • Electronic Transfer Tax Zimbabwe

Latest Developments
  • Immigration Law & Companies Act in South Africa
  • Bitcoin Trading & Company Law in Zimbabwe



The Result

South Africa vs. Zimbabwe

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  • DIGEST Company Law South Africa
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  • GUIDE Tax Law South Africa
  • Doing Business in Zimbabwe

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 Country News & Indicator

 2018 Election Calendar

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Read Later

South Africa vs Zimbabwe
Into SA closed over XmasThe eBRIEF is back in its penultimate edition for this year 2018. One may not want to believe it, but in six weeks the silly season is upon us, yet again! It feels like yesterday, when we discarded the old Christmas tree and were looking with hope forward to 2018. Now it is November, the year is (almost) done and we know, which expectations became true and which not.
Into SA Zimbabwefollows the local mantra and is now “Open for Business” and following the heated discussions and developments, which unfolded after our last
eBRIEF, we have decided to write a follow-up eBRIEF focussing on South Africa vs Zimbabwe, now trapped between Risks and Opportunities.
The teams in Cape Town and Pretoria added “fresh blood” to cope with the rising challenges around foreign businesses in South Africa, while the designated team in Harare is still waiting for the Investor License before really rolling their sleeves up and Into Zimbabwe Advisory Councilgetting “to it”. Into SA Zimbabwe is – besides Into SA Limited – the only branch of the Into SA Group, which will also have an Advisory Board, which is “voluntarily exiled”, meaning its members are all Zimbabwean Nationals, who used to have businesses in Zimbabwe, but are still staying in South Africa to monitor and prepare their respective returns.
The daily challenges increased in South Africa due to a more and more over-regulated environment and the hate-word of the year will be “compliance” as it is not only making our life difficult to inform our clients about new rules, laws and regulations, but also makes our clients angry as it is usually associated with costs. But it does not help to throw the toys out of your cod like one of our clients in the winelands of the Western Cape when reminded on a public filing duty: “…I am fed up with all those laws and money-making schemes of our idiotic government! Only paying, paying, paying …..sorry!
Unfortunately, it is our duty as company secretaries to insist on compliance and just because it involves time and cost, legal obligations cannot be discarded unilaterally. We also cannot advise to ignore it for the time being and hope not getting caught, that would be unethical. So here we are, facing increased filing duties with the Registrar of Companies, enforcement of manual submissions by the Human Rights Commission and harsh deadlines and penalties from SARS.
Ramaphosa & Mnangagwa at BRICS 2018But back to this eBRIEF, which highlights recent events in both countries and seeks to analyse, which country is more likely to fall prey to the prevailing risks or will benefit from a widening catalogue of opportunities: 

Ralph M Ertner
Ralph M Ertner
Into SA Limited


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eNEWS South Africa

Introductory Comments

Flag of ZimbabweZimbabwe today, an epic fail continued or the rebirth of what was once celebrated as Africa’s Switzerland? The de facto monocratic structure around Robert Mugabe has finally found its end and a democratically elected government is at the helm of an African boat that has more leaks than a Swiss cheese has holes. The tasks ahead are definitely Herculean, but maybe even Sisyphean, meaning the re-elected ZANU-PF is tasked with a mission impossible?
Into SA has for more than two decades assisted and advised foreign multinational investors in their quests to establish themselves, their brands or their future source of revenue across Sub-Saharan Africa, but no question is these days more difficult to answer than:

“Is NOW the time to engage in Zimbabwe and
with the "new" Zimbabwean government?”

Mugabe, Mugabe & MnangagwaThe ruling party, ZANU-PF, remains the same, current president Emmerson "The Crocodile" Mnangagwa has an equally controversial history as his recent contender for the Presidency, Grace "Gucci" Mugabe, or his predecessor "Uncle Bob" and the country is without its national currency in a deep, deep cash-flow crisis... YES, that is all true! But is it reason enough to deny the country the much-needed support through Foreign Direct Investments and bilateral trade and to negate any opportunity to make lucrative investments? Countries like Rwanda and their economic success have shown that the history of a president and the duration of leadership not necessarily predict a lost future!
Zimbabwe has to be rebuilt in any area and every sector of the industry, a kaleidoscope of opportunities as the country must and will go back on track to its former glory. The Zimbabwean population, whether at home or “in exile” is one of the best educated in Africa and ready and able to work, manage and steer the country back on course. Not a journey that is concluded over night, but as Lao Tzu put it, “even a journey of a 1 000 miles starts with a single step”.
This first step for Zimbabwe was to elect a new president and for him to select his team, the cabinet. And – opposed to his neighbour Ramaphosa’s nepotistic selection of Ministers – Mnangagwa selected based on merit, a mix between old experts, technocrats and new, well-educated political hopefuls, who have not yet lost the ability and the willingness to roll up their sleeves and dive into the work ahead.
Now it is up the world-wide community of corporates, businessmen and multi-facetted investors to follow him and – still with a bit of appetite for risk – engage in and with Zimbabwe, because as the President his new mantra:

Zimbabwe is open for Business!


Status Quo

Flag of South AfricaIt was with great relief when Zuma stepped down as president of the Republic and Hope re-appeared like a silver lining on the horizon as Cyril Ramaphosa took over the reins of an economically and socially battered country.

Lame Duck Cyril RamaphosaBut this hope has faded, first slowly in disbelief, now much faster in light of clear facts. The former horror-cabinet based on nepotism and backdoor-deals is back with only a few incompetent faces being replaced. Crucial departments are run by the same clique, which already signed a note of intellectual bankruptcy in the past and created politically questionable precedents, ignoring any tact or reason. The Department of Home Affairs is the laughing stock of the migration experts on the continent, Human Settlements and Foreign Affairs might as well not be manned considering any progress or vision missing, while Communication still spins around itself missing all deadlines for the new digital broadcasting era and a lonely Pravin Gordhan fights against the windmills of ignorance like once Don Quixote as he is damned to look after rather than end the fiscal black holes within SAA, SABC, ESKOM and the Postal Services.

The public debate around Land Expropriation without compensation has reached idiotic levels, with each and every banana-organsiation publishing lists of ear-marked farms or propagating the end of “white land possession”. One would laugh it was not so darn sad watching the local politicians of the ANC boycotting – if not already extinguishing – any investor interest in South Africa, while Ramaphosa sends out the proverbial “three blind mice” to raise 100 million Rand in new foreign direct investment.

Ramaphosa can now be officially be declared a “lame duck”, a duck that was once popular, acted with vigour and lead by example. The same duck has now become the sad carbon copy of his predecessor, unable to act – in case he wanted to – as again being tied down by a xenophobic and egotistic NEC.

Wild Cat StrikeThe financial powerhouses in form of Car Manufacturers and Mines are continue to face an economic and legislative environment, which makes it harder and harder to keep South Africa as a business location. It unfortunately is no joke, that Minerals Minister and hardcore member of the NEC, Gwede Mantashe, accused Impala Platinum following their most recent announcement to lay off 13 000 workers “to care more about profits than its people”! His comment is symptomatic for the NEC and the majority of the ANC as they cannot understand that businesses are run based on profitability, unlike their lives and works as politicians, who take money from the state coffers and therefore tax payers as they need it, independent from results, commitment or any other reasonable justification.

Wild Cat strikes continue to maim businesses and wage negotiations with unreasonable demands serve as excuse for workers and students alike to rather toyi-toyi through the streets and to physically lay waste to businesses and learning facilities than to commit to their employer and to contribute to them with their work, enabling to pay salaries, which are – contrary to the belief of unions and politicians – not generated out of thin air.

Ramaphosa is well aware of the desolate state of the Republic, he is neither blind, nor are the stated facts secrets. But he is either not willing or not able to act and to direct as expected when he was sworn in. Either way, we cannot do with a leader like this, but we also do not want to wait until the next elections. But do we have a choice?

South Africa remains in the state of purgatory, awaiting the final assignment to either heaven or hell pending the upcoming elections in 2019. It is up to everybody to bridge that time in patience and unbroken dedication to this country, or to throw away the tools and to join the growing masses, who feel entitled to everything by contributing nothing.



Exchange Rate and GDP

Latest in August this year it was made clear to everyone in this country that the economy remains in crisis and there is virtually no rescue plan.
The Gross Domestic Product (GDP), key figure to measure a country’s economic size, has been corrected and corrected and a significant growth, which is needed not only to get the ridiculously high unemployment rate of currently 27.4% down, is not appearing in any scenario. In September the reality set in as the second quarter in a row had finished with a lower GDP than the previous. The headlines read “Technical Recession”! But what does that mean? What is so “technical” about it? The term “technical” is here used mostly by politicians without answers, who try to mitigate the negative sound of “Recession” and by qualifying it as “technical” trying to make the impression that it is actually not a real recession. Wrong! South Africa is in a recession and it lacks serious impulses to change course, ergo:
Not only in the wake of the realisation that the once strongest economy may still be the largest but it is now seriously ailing, but also in light of the Rand playing in the concert of the emerging markets had to put the Rand under serious pressure! The inner value based on commodity reserves still slumbering in the ground is no correcting factor anymore since the mines have turned their backs towards the country and its erratic government and “entitled” wild-striking labour force. The output of coal, diamonds, rare earth and other commodities is down and re-opening the local power houses – intention permitting – will take months.

Exchange Rates USD ZAR




Consequently, the Rand took a dive this year, and as it can be seen from the historical graph, the Rand went from 12 Rand for the US Dollar after the last eBRIEF in May down to 15.5 in September, a loss of 30%!! The costs for imports, petrol and telecommunication spun out of control and private households learned a new lesson in staying local, not because “local is lekker” but only “local is affordable”. Businesses and investors are having a tough time calculating: RISK!


Lack of Cash and Multi-Currency

Zimbabwe is currently hardly able to breathe as the lack of liquid cash thwarts all efforts of shop owners to stock their shelves and offer local residents the bare basics. We got quickly used - only a few months ago - to watch the queues at teh local ATMs, where employees tried to get their daily cash withdrawal allowance of US$ 30 from the machines. But now Zimbabwe is facing its worst economic crisis in a decade, with prices soaring, limits on bread purchases, and long queues for fuel.

This all seems to follow newly appointed Finance Minister Mthuli Ncube’s decision to introduce a tax increase on money transfers mid October to try and stabilise the government’s finances. The announcement triggered a rise in basic commodity prices, stoking fears of an inflationary spiral and leading to long queues forming at petrol stations.

Many shops, under pressure from the government, are restricting customers’ purchases to prevent hoarding. Others have gone further: Yum! Brands Inc. temporarily shut some of its KFC outlets last week, saying it couldn’t find enough dollars to pay suppliers. At that same time police arrested and beat two leaders of the country’s main trade union at protests over the increasing cost of living, the labor group said in a statement.

Zim Bond NotesThe country’s quasi-currency, known as bond notes (introduced two years ago and were meant to represent the value of one dollar), have plunged in value. It now takes 4.3 of them to buy one U.S. dollar – the weakest exchange rate on record, according to the Zim Dollar Index. In early September, the rate was 1.75. Some businesses have now stopped accepting bonds notes or electronic payments – which are even less valuable than the notes – altogether, and will only take hard cash.

Zimbabwe, having scrapped its own worthless Zimbabwe dollar to end 500 billion-percent inflation in 2009, accepts them and the US dollar, Euro and rand, among others, as legal tender, a multi-currency basket funding trade, which is unhealthy and not sustainable in the long run: RISK!


PERSONNEL : Ramaphosa's New Cabinet
Where there is light you will find shadow...and lots of it!

In the previous edition of the eBRIEF the new cabinet of Ramaphosa as announced after the budget speech was introduced and here are the first experience as well as changes that took place:

The “GOOD”

Public Enterprises saw former Minister of Finance, Pravin Gordhan, returning to Cabinet. We had our hope that SAA will be closed down and sold, the Postal Services downsized and SABC and ESKOM fiscal regimes made foolproof to prevent any further looting by the “elite”. So far Gordhan has not met our expectations as another ZAR 21bn were applied for in the Mid-Term Budget drafted by  "Then-Minister of Finance", Nhlanhla Nene.

Presidency (Planning, Monitoring & Evaluation) is now headed by Jacob Zuma's ex-wife and toughest challenger of Ramaphosa for the offices of ANC and State President, Nkosazana Dlamini-Zuma, and amazingly enough no blunders are to report. To the contrary, Dlamini-Zuma has actively engaged in modernising the data-farming for StatsSA, the National Statistic Office, and to make the results easier to access for all stakeholders. Beside that she was also key in brokering a meeting between Ramaphosa and 60 CEOs in key industries in September to agree on rejuvenating the economy.

Tourism has Derek Hanekom back and we still judge this as "good", although his ill-informed applause to the upcoming immigration law changes was premature and it was certainly not his place to comment on land expropriation without compensation with the words: "Call it what you like, but the land was originally stolen."

Higher Education and Training is still (wo)manned by former Deputy President Elect, former Minister of Home Affairs as well as Science and Technology, Naledi Pandor. A herculean task ina controversial portfolio, which still finds itself between boycott by the ANC to keep voters uneducated and the desperate need for skills in South Africa. She impressed as always through hard work, few words and a strong focus on financing improvements in the education system, a drive that is of course currently marred by the desolate financial situation in the country. In the meantime she is pushing for insourcing all staff of tertiary institutions as half of them still outsourced e.g. cleaning and security when she took over.

Energy under Jeff Radebe seems to operate without any new impulses, but - and that keeps him in our "good books" - also no further load shedding. Medupi and Kusile? Well 2030 would be a date for completion as the replacement of foreign Engineers with local university graduates has not yielded any successes. But the renewable energy sector sees revived dynamics as new rounds for plant builders have been announced, "good boy!" and also "Kudos" for the preparation of the new Integrated Resource Plan (IRP), except for the inclusion of new coal a modern and sustainable plan, which does not see any nuclear nonsense before 2030.

Finance has made it from "Bad" to "Good", but not because Nhlanhla Nene did a good job, no, to the contrary: he fell Tito Mbowenihimself over the increasing web of lies spinning around his involvement with the Gupta Family and finally resigned. Initial panic about his succession made way for a major sigh of relieve as former Reserve Bank Governor, Tito Mboweni, took over only days before the Mid-Term Budget in October. Of course no sparks were flying from that Budget as Nene left him nothing to play with, but subsequent comments on his intent to support the closing down of SAA to stop the drain on state coffers is well noted. Hope dies last - work it, Tito, work it!


The “BAD”

Transport Minister Blade Nzimande lived up to zero expectations from his appointment. He remains defiant in the matter of e-Tolls, refuses the DA's application to declare State of Emergency of Rail Transport and associated security after various train accidents and fires. When cornered he relies on his mediocre skills in polemics and remains the former egotistic communist he always was. For a short period of time in November 2018 he also served as acting Minister of Home Affairs replacing Malusi Gigaba after his resignation.

Communication, Telecommunication and Postal Services had finally been combined to one resort on 22 November 2018 with the appointment of Stella Ndabeni-Abrahams, former Deputy for Communications as well as former Deputy of Telecommunications. She will have to run the triple resort of communications, telecommunications and postal services and one can only hope that Pravin Gordhan us giving her some advice.... for now it remains ugly as she is not known for drive and energy rather than her lavish lifestyle and social public appearances.

The “UGLY”

Mineral Resources under ANC NEC hardliner Gwede Mantashe, do we have to say more? He is already caught between making illgeal concessions to Australian mining company MRC with regard to mining in Xolobeni and pretends that the new Mining Charter sees a fair and balanced implementation of this sector-specific BEE Code. We wish we would know what he smokes ....

Gigaba showing Finger in ParliamentHome Affairs under defiant playboy Malusi Gigaba would justified until very recently a fourth category below "Ugly": "Unbearable"! Not only was he irrefutably caught in his own web of lies around the citizenship he granted to the Gupta Brothers and the private Terminal at OR tambo for the Oppenheimer Family, he also publicly threatened the President in case he is axed for that. That came to a welcomed end when he resigned in November 2018, pretending to do so "to protect his friend, President ramaphosa".

Minsiter Siyabonga CweleHe was briefly replaced by acting Minister Blade Nzimande, whose track record is one of epic failure and incompetence, before finally replaced by former Minister of Telecommunications, Siyabonga Cwele (picture) on 22 November 2018. All hope died with his appointment as he is a known Zuma Sycophant, controversially involved with the Guptas in the past and only by surname in the news once in a while when his wife is making headlines in connection with drugs or her arrest. He single-handedly slept through all Telecommunication developments and was responsible for South Africa as only country missing the bilateral agreement to switch over from terrestrial broadcast to digital as well as for the desolate situation in which the Postal Services are today.

International Relations & Cooperation Minister and daughter of Anti-Apartheid Activists, Lindiwe Sisulu, remains in the dog-box,especially after she underlined her blind hatred for anyone not been involved in "the struggle" when stating towards the US Charge d'Affairs: "... the current process of consultations on land reform was the best way we could have dealt with it, and the process will continue peacefully." She continued that "It has taken us a very long time to get here to redistribute land to put it to productive use", totally oblivious to the fact that thousands of hectars of land previously "redistributed" and onde once actively farm are now loe barren, plundered and vacated in the middle of our country!


The government in crisis is in this state mainly because of the remains of incompetency, an inheritance from the Zuma-Era. With Finance, Energy and Public Enterprises as well as Higher Education well (wo)manned, there's a chance. But for now and while watching the ANC politicians behaving in Parliament like a group of misfits in High School: RISK!

PERSONNEL: Mnangagwa's New Cabinet
... off to an unexpected, more technocratic Start

Zimbabwean President Emmerson Mnangagwa took his time until he announced his 20-member cabinet which includes military men who were in his previous cabinet and technocrats, at the State House in Harare. Mnangagwa downsized – as promised and in light of budgetary restraints – from the previous 23, and merged some portfolios.

Besides the military figures and a few technocrats, Mnangagwa’s cabinet is made up of Zanu-PF hardliners, some of whom were at the forefront of rebelling against the autocratic leader, former president Robert Mugabe.

The technocrats who made it into cabinet are Professor Mthuli Ncube (finance and economic development), former Olympic champion Kirsty Coventry (youth, sport, arts and recreation), Obadiah Moyo (health and child care) and Winston Chitando (mines and mining development).

Mthuili NcubeMthuli Ncube is an economist and vice-president of the African Development Bank. Chitando retained the mines and mining development portfolio. A new face, Moyo takes over from David Parirenyatwa, who was part of Mugabe’s cabinet for a long time.Other new faces are Sekai Nzenza, who was handed the public service, labour and social welfare portfolio, as well as Mangaliso Ndlovu, who got the industry and commerce ministry.

Zanu-PF national chairperson Oppah Muchinguri got the defence and war veterans ministry, coming from environment, climate and water, which has been reconfigured. July Moyo bounced back at the local government, public works and national housing ministry, as well as Sibusiso Moyoat foreign affairs and international trade. Amon Murwira got back at the higher and tertiary education, science and technology development ministry, Paul Mavhima bounced back at the primary and secondary education portfolio, as well as Perrance Shiri at the lands, agriculture, water, culture and rural resettlement ministry.

Minister Gumbo & R M ErtnerJoram Gumbo was moved from the transport and infrastructure development portfolio, during which time he met with Into SA CEO R M Ertner to discuss the new Railway Network, to energy and power development, and was replaced by Joel Biggie Matiza, a Zanu-PF Mashonaland East godfather. Monica Mutsvangwa was moved to the information, publicity and broadcasting services ministry, from the Manicaland Provincial Affairs portfolio, while Kazembe Kazembe was moved from the sports ministry to information communication technology and courier services.

At the environment, tourism and hospitality industry ministry, Prisca Mupfumira bounced back, just as Ziyambi Ziyambi did so at the justice, legal and parliamentary affairs portfolio. Sithembiso Nyoni was also retained in the women affairs, community, small and medium enterprises ministry. Cain Mathema was appointed home affairs and cultural heritage minister, taking over from Obert Mpofu.

From the 20 appointed ministers, only Nyoni, Gumbo, Mathema and Muchinguri were retained from Mugabe’s long-time cabinet which presided over the malaise in the country. Responding to questions why he appointed people like Coventry who had never walked in the corridors of politics, Mnangagwa said no one was born in those corridors. At his inauguration, Mnangagwa assured Zimbabweans that his government would create a favourable environment for investors in line with his “Zimbabwe is open for business” mantra.

As far as we can see, not a bad start and another step into re-assuring difference and commitment to rebuilding Zimbabwe: CHANCE!


Mid-Term Budget 2018

SARSIt was Tito Mboweni’s first real appearance, not an easy feat to step in front of Parliament and Public with a Mid-Term Budget that was almost solely concocted by his corrupt predecessor, the Butcher of Finance Nhlanhla Nene. He and his team had ample time to prepare and when Mboweni took over only weeks ago there was hardly any time to establish his own course. But would that have really been so much different from what was resented yesterday?

Any current Minister of Finance has very little to work with. The South African economy is treading water at one place with 0.7% anticipated GDP growth, a projection that we do not share. However, what we share are the facts: South Africa is in a recession and the inflation rate, officially quoted with 4.9% is only so low as the fiscal masterminds have changed the underlying product and service basket so many times that the figures look pleasant. The reality is different. The weak Rand contributes to an imported inflation far beyond the 3%-6% corridor and coupled with an increase of the price for the barrel crude oil more than doubled between February 2016 from USD 35 to USD73 in September 2018. SARS reports revenue down

Mid-Term Budget 2018His statement that “… a combination of policy certainty, growth-enabling economic reforms, improved governance, and partnerships with business and labour will be key to restoring confidence and investment …” comes as a practical joke with nobody laughing as the reality is showing the opposite. There is no policy certainty with regard to Land Expropriations, future Visa rules, procurement practices in the public sector as well as BEE. There is no sign of economic reforms whatsoever, Nene must have choked this statement up as public governance is basically non existing and labour is surely not positioned to create any confidence. Labour has let the wild strikes get out of control, public looting is the game of the day and a blatant refusal to cooperate with business but shiny promises to the union members to fight for two digit salary increases. Not sustainable and not palatable for any branch of the industry and it has left a revenue gap of ZAR30.2bn due to public wage increases above inflation.

The government lies shamelessly and we were witness at a roundtable discussion that the DTItries to portrait South Africa as booming investment destination and more investments than ever are coming. That is not true and they should know better, e.g. why Volkswagen did not increase manufacturing facilities in Uitenhage but instead starts now manufacturing in Rwanda… Meanwhile Ramaphosa’s plan to attract 100bn USD investment into South Africa can already be considered as epic failure.

But back to Mboweni, to whom we were listening when he addressed the ZAR 50bn stimulus package for the economy and to reveal where this budget should come from. Please remember, the Budget Deficit is at 27.4bn Rand and will increase to R 85bn over the next three years, while debt service costs will increase to 18% of government expenditures in 2026. Government spending will reach the ZAR 2 trillion mark by 2021 while SARS is ZAR 20bn behind with VAT repayments and the slow economy will lead to a further reduction of ZAR 7.6bn in corporate tax collection. On top of it, three items – white bread flour, cake flour and sanitary pads – will be zero-rated from next year, which will reduce revenue by a further ZAR 1.2bn.

SA’s economy would need to grow roughly 8 times as fast as it is expanding at the moment to the start balancing the shortfalls, reduce the budget deficit and to set a downward trend for unemployment. Hell will rather freeze over than this will happen!

While still waiting for Mboweni revealing his joker from where the R 50bn stimulus will appear, he presented the unpalatable figures to continue funding the black holes in form of State Owned Enterprises (“SOC”). Among other scandalous funding targets are again ZAR 5bn for SAA and another ZAR 2.9bn for the long obsolete Postal Services. He had us speechless and worried, what does Finance have in their hands against Pravin Gordhan, who cannot be in agreement with this step? A total waste of funds and instead of selling the assets of those SOCs to reduce debt and debt services almost 1% of the new budget goes to funding these rotten enterprises.

Ramaphosa announces Stimulus PackageFinally the stimulus package, weeks earlier announced by Ramaphosa to be as big as ZAR 24bn, was addressed and the disappointment was omnipresent in the room and outside in the the country. No firm plan, no Manuelesque rescue maneuvers and incentives, but on top of it the statement as to the source of those funds: “Funding will be sourced from under-performing and non-performing areas” No what the heck shall that mean? Only one interpretation is reasonable: the finance minister has no idea where to get the budget and hopes for a gap opening soon to intervene and re-allocate existing budgets. Dream on! That is as ridiculous as irresponsible!

In summary: the South African Economy, limping in bandages towards the fiscal abyss has received another kick in the shins and should stumble soon so hard that it is beyond recovery. Reason and overdue drastic measures have been sacrificed on the altar of ignorance and status quo, no sparks where flying, just a column of smoke appeared over the economy stemming from a fire that is yet to be put out but with the Fire Brigade remaining absent:  RISK!


Fighting Cash Shortage with Money Transfer Tax

Zimbabwe’s newly appointed Finance and Economic Development Minister Mthuli Ncube has announced a 2 cents per dollar tax on electronic transactions as the country moves to widen its tax base: “I hereby review the Intermediated Money Transfer Tax from 5 cents per transaction to 2 cents per dollar transacted, effective 1 October 2018,” said Minister Ncube.

Minister Mthuli NcubeHe said due to the increase in the informalisation of the economy and huge spikes in electronic and mobile phone-based financial transactions and real-time gross settlement transactions (RTGS), “there is [the] need to expand the tax collection base and ensure that the tax collection points are aligned with electronic mobile payment transactions and the RTGS system". While the new tax seems like a downward review, it isn’t as consumer will now be charged on every dollar transacted, whereas in the past it was 5 cents for every transaction, including those above $1.

The new 2c per dollar tax effectively means most Zimbabweans will have to fork out more in tax for every dollar transacted as more than 96% of the transactions currently conducted in the southern African country are electronic. Analysts have described the hikes as catastrophic for consumers who are already forking out more on value added tax and other bank charges related to electronic transactions. “It’s catastrophic for most Zimbabweans, as most of our transactions are now conducted electronically. It’s an increase in costs on all transactions and the consumer will be hurt," said Walter Mandeya, an analyst with Trigrams Investment.

In 2018, 1.7 billion transactions were conducted electronically. The latest Reserve Bank of Zimbabwe figures for the half year to June show electronic transactions done in the country amounted to US$ 64.7bn. This means if 2 cents is charged on every dollar transacted, government coffers would have swelled by US$ 1.3bn. If similar transactions were to be conducted in the second half of the year, the country’s treasury can expect to collect at least US$ 2.5bn for the year from transaction charges alone.

At least US$ 4bn worth of transactions went through Point of Sales machines in retail outlets, which means on top of the 15% value added tax that is charged at POS, most transactions will add another 2% tax charge for every dollar spent at the till. In times of empty shelves, private liquidity shortages and increasing unemployment: RISK!

Immigration Law & Companies Act

Coat of Arms South AfricaSouth Africa has been busy since the new cabinet was sworn in. But busy is not always good, hence an overview of what is happening in the legal sphere of South Africa:


What a relief when the news hit the internet last night that Malusi Gigaba, Chief Incompetent, and Minister of Home Affairs, finally resigned on 13 November 2018. His move was almost as eagerly awaited as once Jacob Zuma’s as he is one of the last ministers in cabinet that kept close ties to the Guptas and lied to the People as well as to the Courts.

Gigaba resignsHis testimonies around the citizenship he granted to the Gupta Brothers while receiving them also “privately”, his lies under oath in front of court (perjury), his sex-tape that circulates on Social Media and him showing the finger in Parliament ae just a tip of the iceberg, which describes Gigaba’s political failures. His agonising visa rules for travelling children and openly xenophobic policy towards skilled foreigners assisting in the country’s infrastructure projects were the center of much debate, but an elusive and defiant Gigaba had any progress stopping in its respective tracks.

His nepotistic appointment based on the fact that he was a 100% Zuma Sycophant instead being based on merits brought a lot of projects to the brink of collapse. His public “justification” that he resigns only to spare his “friend” Ramaphosa the burden of his media attention is a big bag full of …… you know what!

Gigaba was a chancer, a political opportunist and ANC-licensed gold-digger, a type of politician of which Africa – unfortunately – is still full of. With his resignation it is “one down, many to go”, but it opened an opportunity to replace him with someone who embraces Home Affairs for the benefit of the citizens and foreigners visiting alike. Good examples were given in the past, Buthelezi and Pandor come to mind, surely not the totally inept Blade Nzimande, who was made – for a brief time in November – acting minister, and surely not the dead beat Siyabonga Cwele, who was finally appointed on 22 November 2018 to take over the DHA. What a missed chance to set a clear signal, locally and abroad. But Cwele is responsible for the desolate state of affairs of today's Postal Services as well as missing South Africa's deadline to join the international community when terrestrial broadcasting was replaced by the digital age. "Apocalypse now" .... from here!


It was one of his last official acts as former and now disgraced Minister of Home Affairs, Malusi Gigaba, announced his new amendments to the Immigration Regulations at the end of September 2018. The intended changes are highly controversial and the written draft does not at all reflect what public promises projected during Gigaba's public announcements. In a nutshell:

CHILDREN TRAVEL is supposed to be simplified to assist tourism, but the draft regulations do not do away with the required documents for children travel, they merely offer the option that "some of the existing requirements may not be applied under certain circumstances".

10-YEAR BUSINESS VISA with a validity of 10 years were promised to the entrepreneurial foreigner, who comes to invest into a new venture in South Africa. Well, this will only apply if you are Indian or Chinese, maybe extended to the other BRICS countries.

3-YEAR BUSINESS VISA with multiple entry as promised seems now only apply to African nationals and scholars.

VISA FREE VISITS were celebrated by countries like Slovakia. Prematurely, as it only applies to a handful of countries in Africa, the Midle East, former Russia, Cuba and the Caribbean.

CRITICAL SKILLS are the way for any business to overcome the skills shortage in South Africa. True, but according to sources close to the draft team the new Shortage Occupation List to be published by the Ministry in April 2019 will do away with important professions such as Corporate Manager, Financial Advisor, Call Centre Agent, a variety of Engineers and Natural Sciences Researchers and Practitioners.

PERMANENT RESIDENCE FOR FOREIGN STUDENTS is back on the cards for the third time, but this time only if you finish your studies in one of the fields falling within the Critical Skills ambit, which - as stated above - will shrink significantly from April 2019 on.

E-Gates at SA AirportsE-GATES will be only piloted from 2019, so the dream of re-entering South Africa without the confrontation of a condescending Home Affairs official with a God-complex will have to wait.

The new regulations have a chance to still come into force and effect before Christmas, which has only been affected negatively by Siyabonga Cwele's appointment as he is not known for "being hands on"...


The long awaited South African Companies Amendment Bill was finally published on 21 September 2018 for comment. Substantial changes to the South African Companies Act 2008, which came into force and effect in 2011, have been proposed. Currently the public comment period runs but will end on 20 November 2018. Here is the happy dozen, which heralds opportunity rather than risk:

Effective date of amendment to memorandum of incorporation (s 16): Different opinions over when an amendment to a company’s memorandum of incorporation takes effect will be resolved. The Bill proposes that amendments will take effect 10 business days after receipt of the notice of amendment, if the Companies Commission, after the expiry of the 10 business days, has not endorsed the notice of amendment sooner or has failed to reject the amendment with reasons.

Disclosure of remuneration payable to ‘prescribed officers’ (s 30): It is proposed that remuneration and benefits received by ‘prescribed officers’ in addition to directors, must be disclosed in the audited annual financial statements of the company. Each individual must be named. A ‘prescribed officer’ is typically an executive who is in a position to influence the management of the company or one of its significant divisions.

Directors’ remuneration report (s 30A): The directors of a public company will have to prepare a directors’ remuneration report for presentation to shareholders at the AGM.

Share capital structure of companies (s 38A): The Companies Act does not allow for a company to fix its share capital structure where it contains errors. It is proposed that a company or any interested person be permitted to approach a court for an order validating the creation, allotment or issue of shares. This type of court application was allowed for under the 1973 Companies Act. The proposed change is welcomed, as there is presently a gap in the legislation.

Financial assistance within a group of companies (s 45): Presently, any financial assistance granted by a company to its subsidiary must be authorised by the board and the shareholders by way of a special resolution. The Bill proposes that the special resolution requirement should not apply where a company gives financial assistance to its own subsidiary.

Share buy-backs (s 48): The Bill requires that a share buyback must be approved by a special resolution of shareholders if shares are to be bought back from a director, a prescribed officer or a person related to a director or a prescribed officer. A special shareholder resolution will also be required if the buyback entails an acquisition other than a pro rataoffer made to all shareholders or transactions effected in the ordinary course on a stock exchange.

Social and ethics committees (ss 61, 62):  In terms of the Bill, it is mandatory for a public company or a state-owned company to appoint a social and ethics committee at each annual general meeting. It sets out the composition of that committee and its functions. It also allows companies to apply to the Companies Tribunal for an exemption from these requirements if the company has another mechanism within its structures to perform the functions of the committee or if it is not necessary in the public interest to require the company to have a committee, having regard to the nature and extent of the activities of the company. The committee’s report will have to be presented to shareholders at the AGM.

Appointment of auditors (s 90): The provisions are designed to ensure that an auditor is independent of the company which he or she audits. The Companies Act presently prohibits a person who has enjoyed a close working relationship with the company (for example a director, a prescribed officer, employee or consultant) within the past five years from being appointed auditor. It is proposed that the five year period be reduced to two years.

Application of the Takeover Regulations to private companies (s 118): It is proposed that the Takeover Regulations should only apply with respect to an ‘affected transaction’ or ‘offer’ involving a private company or its securities, if the private company is required to have its annual financial statements audited or if its memorandum of incorporation requires it to do so. The change should be embraced as, to date, the Takeover Regulations apply to many transactions undertaken by private companies where it is simply inappropriate and unnecessary.

Business rescue and the treatment of landlords (ss 135, 145): The Bill provides that any amounts due by a company under business rescue to a landlord for rent or services will be regarded as ‘post commencement financing’ and the landlord will have a voting interest in the business rescue proceedings to the extent of its claim. Post commencement finance, whether secured or unsecured, enjoys preference over unsecured creditors.

Disputes concerning company names (s 160): In terms of the Companies Act, the Companies Tribunal may deal with disputes regarding company names. It is proposed that where a company has been ordered to change its name, and it fails to do so, the Companies Commission may substitute its registration number as the name of the company in question.

Broad-based Black Economic Empowerment (s 195): The Bill seeks to give the Companies Tribunal the power to adjudicate cases referred to it by the B-BBEE Commission. This is not surprising, given the need to ensure cooperation amongst the different regulators.

Bitcoin Trading & Company Law

Zimbabwe is facing a herculean task to amend and bring legislation in line with what is best for a country under reconstruction and in dire need of making up for what had been neglected in the past. Here are a few "highlights":

OPPORTUNITY: Improved Corporate Governance in the New Company Law

Zimbabwe's proposed new companies law will improve corporate governance practices in the private sector. The Companies and Other Business Entities Bill 2018, which is now before Parliament, seeks to update the Companies Act of 1951. "There is always a need to improve corporate governance practices... there is always a need to run with what is happening in terms of global best practice," former Zimbabwe National of Chamber of Commerce president Divine Ndhlukula said.

She said the proposed law will promote disclosure of company directors' remuneration and expose shareholders that hide behind investment vehicles. People should do business with people they trust, which is in essence the way business is done today," Ndhlukula said. The new corporate currency is integrity. So all those things are very important when you are running a business in this new economic order."

Some of the provisions that will improve corporate governance practices include clauses 192 to 205, which seeks to penalise directors abusing company resources and sets limits to which they can rely on an entity for benefits:

Clause 194 provides for the remuneration of directors ("emoluments"). The emoluments of a director of a public company must be approved by shareholders at the annual general meeting of the company.

Clause 195 prohibits loans or guarantees from the funds of the company to be made to directors, except within the conditions stated therein," reads part of a summary of the Bill.

Clause 202 requires that disclosures of directors' salaries and pensions in the accounts of a company are laid before it in a general meeting or in a statement annexed thereto.

Clause 203 requires certain disclosures to be made in accounts laid before members of a public company of particulars of loans made to officers of that company.

Clause 204 sets out rules for insulating the personal financial interests of a director from the interests of the company of which he or she is a director."

Meanwhile, clauses 38 to 51 of the Companies and Other Business Entities Bill 2018, allows for and sets out provisions for the investigation and inspection of companies.


Bitcoin Trading in ZimbabweIn a country with no own currency and a market that is currently governed by eight international currencies, the idea was always near to move tarde into the realm of cryptocurrencies. Bitcoins, the leading crypto currency became already in 205 one of the major currencies for local trade, but was its trading was banned in May 2018.

Bitcoin trades have gone underground or shifted to social media since the Reserve Bank of Zimbabwe (RBZ) shutdown the country’s only two digital currency trading platforms, Golix and Styx24, also in May on allegations of violating Exchange Control regulations and of offering unlicensed banking services.

But cryptocurrency trading did not die with the ban. Instead, it reinvented itself on Whatsapp, through peer-to-peer trades. Over time, crypto enthusiasts have built strong Whatsapp groups where they share information and news on developments taking place in the sector. Now, they are using similar groups to buy and sell cryptocurrency, utilizing connections they already know or new ones. A certain amount of trust has since been established within the community, which is key to building confidence and preventing theft.

A Victory by Points only

Coat of Arms ZimbabweCoat of Arms South AfricaThe results are in, the points have been counted and the outcome can only be summarised as follows: None of the countries has gone down by knock-out, therefore the winner by points is – with an ever so slight majority:



Throughout the thorough analysis of the state of affairs in both countries, each country came more than once close to being knocked out, but in the end the self-inflicted point-loss by South Africa’s president Cyril Ramaphosa turned the scales of future prospects in Zimbabwe’s favour.

All hope was resting on Cyril Ramaphosa as a seasoned businessman coming to the rescue of a country that was in dire need of new actors, inspirations and heavy economical course corrections. The catalogue of immediate and absolutely necessary half-a-dozen changes was as clear as a summer morning on Table Mountain:

  1. Reduce number of Ministries / Departments
  2. Remove politically burned Zuma Sycophants in government
  3. Replace by technocrats, experts and hard workers
  4. Close or reduce the fiscal black holes in Form of SOCs SAA, ESKOM and Postal Services
  5. Reduce number of Public Servants
  6. Retro-fit Budget for Economic Stimulus of Small and Medium Enterprises with a main focus on manufacturing and exports
But what did Ramaphosa do? In essence nothing!
Ad 1.: He only amalgamated Communications, Telecommunications and Postal Services!
Ad 2.: Nene, Gigaba, Dlamini, Nzimande, Sisulu, Cwele …. the list of those who only impressed by their laziness, incompetence, scandals and undiminished capacity to line their pockets and still remain in cabinet is endless. Not a single new impulse or light at the end of the nepotistic tunnel except for Pravin Gordhan, Tito Mboweni and the return of Derek Hanekom.
Ad 3.: No technocrat, no expert made it!
SAA loosing moneyAd 4.: ZAR 21bn required additional finance for SAA alone made it into the Mid-Term Budget Speech … but no answers as how to fund the coming “stimulus package” …. WTF?
Ad 5.: Zip, nada … zilch!
Ad 6.: Failed to do so, unless Mboweni still pulls the proverbial rabbit out of the state budget hat!
South Africa’s economy is slipping forth and back between ridiculously low growth and recession. No new impulses. New laws are flawed and xenophobic at best; the public discussions on land expropriation without compensation and Unions’ upcoming wage demands totally unrealistic and out of control. The embassies abroad are without supervision and the ambassadors of South Africa in Spain, Germany, Vienna, Hungary and Bulgaria try to compete with each other, who makes up illegal conditions for visa faster and who reaches the highest rejection rate for applying investors. You think this is a myth? The appeal files on our desks are sad testimonial to this. DIRCO (former foreign affairs) turns a blind eye and whenever one of their more engaged DGs or DDGs raises the voice over the issues, he or she gets deported into one of the embassies nobody applied for!
Will the upcoming elections offer a chance to come out of it's corner? Hell No!
ANC Flag is flyingThe ANC will not eliminate itself through inhouse fights and party-split-offs fast enough, this we might only see until the next elections in 2024. The DA practices self-slaughter and bickers and fights internally rather than focussing on unity and tasks at hand. The ANC will not reach the two-third majority to change the constitution ever again, that is the good news. But the ANC will also most likely still get between 48% and 52% of the votes. Even if the results remain below 50%, who shall form part of a coalition that is able to govern South Africa, meaningful and with enough votes in Parliament and NCOP? Even if DA, EFF and maybe IFP, NFP and UDM find a way to co-exist and co-govern, they will not have more votes than the ANC, not yet anyways.

Everybody expects Emmerson Mnangagwa entering the ring with the baggage of his “crocodile” past wearing down in early rounds. Wrong, and think again. Africa has shown in recent years that Heads of State might as well turn a country around despite their personal history. Paul Kagame did nothing when the retribution killings under his presidency started and his military career in the Ugandan Army leading to the end of the genocide in Rwanda was not a clean one. But today he is the re-elected leader of a country with one of the most impressive economical and infrastructural achievements. One can look at Teodoro Obiang, who took over from his uncle after he put him in front of a firing squad, re-elected now since 1979, almost 40 years in office, or one looks at the past of Angolan long-term president Jose Eduardo Dos Santos…not really a clean shirt left considering his history!
So, the “Crocodile” survived the opening round and quickly gained points by:
  1. Living up to the promises made in Davos (Switzerland) at the World Economic Forum;
  2. Having reduced the number of ministries down to 22;
  3. Getting rid of Mugabe Sycophants and replacing same by exerts and technocrats, while keeping the “hard workers”;
  4. Reversing the indigenisation laws to create investor security and confidence; and
  5. Cutting excise duties on petrol and other important goods and services.

If Round 1 is synonym for the first 100 days in office, Mnangagwa reached that marker with an almost corruption-free economy back on its feet and clawing back on what was lost over time.
Zim DollarBut the following rounds revealed new stumbling blocks as the country was not yet able to return to the Zimbabwean Dollar for its 5th try in history, but rather faced a unique, mostly home-made cash crisis that numbed economic dynamics. Kudos for the new minister of finance, Ncube, who came to the country’s rescue when explaining that “Return of the Zim Dollar” will only be screened in fiscal theatres country-wide once the currency is supported by equal reserves in gold, platinum and diamonds. Someone has paid attention to some of the European fiscal history …. Thumbs up and back into the corner for refreshments.
The Zimbabwean is by no means anywhere near a healthy level, infrastructure is in shambles and the fiscal regime of eight competing currencies without floating cash cushions does not really help. But Zimbabwe – opposed to South Africa – is actually “Open for Business”! This is not just a mantra abused to mask failure rather than coining success. It is the truth and in line with Into SA’s findings in their most recent published book “Doing Business in Zimbabwe – Volume I”, which shoBEE hits Investorsws that the mechanism and laws protecting any economic engagement and any kind of investments has more than tripled over the last years – again -compared with South Africa, where the protecting bilateral agreements had been unilaterally cancelled and BEE and Land Expropriation loom like dark clouds over any investor’s appetite.
Yes, ZANU-PF is the old party and a serious opposition is yet to be formed which then needs to engage meaningfully in contemporary economic and political dialogues. But until then the benefit of the Doubt lets the new cabinet do its work and if the second 100 days are anything of an encouragement, then seeing the healing and rebuilding of Zimbabwe as Africa’s former “Switzerland” from the distance will be a loss for any investor, for sure!


Zimbabwe is Open for Business while
South Africa remains paralysed in its own State of Purgatory


Into SA Publications
African Country Benchmark Report
Ultimate Market Intelligence on Africa


Into SA presents African Country Benchmark Report

Into SA in cooperation with its Market Research Partner In On Africa is pleased to announce the publication of the long-awaited 
African Country Benchmark Report (ACBR), the ultimate resource to understand Africa and to assist our clients, consultants, chambers and business associations with their Marketing Drive towards Sub-Saharan Africa.

The 750-page data-driven, infographic-filled publication comprises 19,000 data inputs and scores, ranks and insightfully assesses each African country holistically, as well as across business, economic, political and societal factors. The report is an invaluable tool for any business, government, organisation or institution that will find value in country-specific and comparative assessments of all 54 African countries, revealing key opportunities, risks, gaps, needs and progress.

ACBR Overview
If you want to learn more about this powerful tool, please watch: ACBR VIDEO

The ACBR is available electronically in form of an eBOOK but is also published as a 750-page A4 Hardcover Book in full colour. While the eBOOK is available for download immediately, the printed Reports will be delivered as from February 2018.

eBRIEF Readers are hereby extended the special Discount of 20% if your Order together with Proof of Payment reaches us before 31 December 2018. Please quote Promo-Code "EBRIEF46ACBR"

If you have any further questions or want to see the Report “live”, please do not hesitate to contact Into SA for a more in-depth introduction and presentation of the ACBR 2017/2018: Email ACBR

Pocket Guides released

Into SA and BKD Auditors have now released almost all Pocket Guides planned for 2018:

Into SA Immigration Passport


PASSPORT Immigration Law


Into SA Limited
Ralph M Ertner

DIN A6 Paperback
65 Pages

Published July 2018


Into SA Company Law Digest

DIGEST Company Law


Into SA Limited
Ralph M Ertner

DIN A6 Paperback
105 Pages

Published November 2018


Into SA Labour Law Manual

MANUAL Labour Law


Into SA & Into HR
Fernando J A Rôlo

DIN A6 Paperback
92 Pages

Published September 2018


BKD Tax Guide



BKD Auditors
Janhendrik Delport

DIN A6 Paperback
158 Pages

Published November 2018

Investor Guide revealed

Into SA Zimbabwe has finally released the first Volume of "Doing Business in Zimbabwe" post dispensation:

Into SA Zimbabwe - Doing Business in Zimbabwe

Doing Business in Zimbabwe


Into SA Zimbabwe
Ralph M Ertner
Tafadzwa Mhonde
Thandiwe K Lusinga
Princess T Nyoka

DIN A5 Paperback
210 Pages

Published November 2018

Into SA Travel
Tips for Safe Travels in South Africa
... especially this Festive Season


  • Plan your trip route and if you do not have a GPS navigation tool use a road atlas to plan your trip in advance.
  • For peace of mind, try to stick to major routes or toll roads.
  • Waze South AfricaIf you are going to travel on the ‘back roads’ identify the towns along the route and what the distance is between them, as  
  • you will need to plan where to re-fuel.
  • Plan rest stops along the way and if you are travelling with kids it is a great way to let them know when and where you will be stopping.
  • Always ensure that a friend or family member, who is not travelling with you, is aware of the route that you are planning to travel. Ideally you should also update them on your progress of the journey and let them know when you have reached your destination safely.
  • Try and avoid peak travel periods if possible.


  • It only takes a few seconds, but buckling up can save a life. Did you know that when a vehicle collides or suddenly brakes at a speed of 50km per hour, the weight of passengers or objects in the car multiply 30 – 60 fold? If your child weighs 10kg, at the moment of impact it accrues a mass of 300kg.
  • South African law requires each passenger being transported in a motor vehicle to  make use of the seatbelts and strap themselves in. It is the driver’s responsibility to make sure all passengers are strapped in mains strapped in while travelling. It is a criminal offence for an adult to allow a child younger than 14 years to travel unrestrained in a vehicle equipped with seatbelts or a car safety seat.  
  • Infants and children under the age of 12 should travel in the back seat of a vehicle and should be buckled up, either in a car seat, booster seat or using the cars seatbelt, depending on the age and weight of the child.
  • Infants under one year of age, or up to 10kg in weight, should travel in a rear facing car seat in the back of a car. In the event of an accident, the impact will be on the seat and not on the infant.


Safe DrivingKeep your driver’s license and identity documents with you at all times
  • South Africa has a zero tolerance policy towards ‘drinking and driving’. If you intend to consume alcohol make alternative arrangements so you will not be behind the wheel.
  • Keep to the speed limit and adapt to changing speed limits for roadworks or inner cities.
  • Be aware of pedestrians
  • Be alert when approaching robots (traffic lights) and intersections.
  • Avoid fatigue and eyestrain by stopping frequently for breaks and to stretch.
  • Don’t rush and try to remain patient.
  • Be cautious when driving alone, and avoid stopping in remote areas.
  • Always place your valuables in the boot of your car and never leave items such as cell phones and wallets in open sight, unattended, or on the seat of a car
  • Be aware of pedestrians and animals on the open road specifically near more rural areas.
  • If it is raining, turn your headlights and windscreen wipers on. Try to reduce speed and try not to brake suddenly. Often there is oil and petrol on the road, which can cause you to skid out of control.
  • If there is fog, reduce speed, turn headlights on low, or use fog lamps. Use the road markings or the verge of the road as a guide and be very alert for sudden looming obstacles.
  • Avoid stopping on the highway, rather take the next off ramp to stop in a more public area where you can stretch, refresh yourself and/or take a break from driving; and have numbers for roadside assistance and other emergencies close at hand or saved on your cell phone, so that you are well-prepared for any eventuality.
  • Keep essential roadside equipment with you as many breakdowns are caused by relatively minor problems. Items include  a first aid kit, tow rope, warning triangles, torch and fire extinguisher.
  • In the event of an accident, determine the extent of the damage or injuries and assess whether or not medical attention is required and call 10111 if an ambulance or assistance is needed. Take a picture with a camera or mobile phone and file an accident report with the police as you will need a case number for your insurance company to file a claim. Remember to get names, addresses, telephone numbers and ID numbers of everyone involved in the accident.  If you are in a rental car you would need to notify the rental company to arrange help in organising a replacement vehicle. Make sure your car rental company has a hotline where you can get help.


  • Travelling with your family by car can be memorable. However, travelling with small children can be a challenge.  Small children can get bored and irritable on long trips so make sure you pack a variety of their favourite snacks and toys such as portable DVD players, colouring books and crayons, or rent audio books online. 
  • If your child tends to suffer from motion sickness and complains of dizziness or nausea, this can be helped by getting out of the car for a bit of fresh air. Alternatively, there are over the counter drugs available for treating motion sickness, which need to be taken before embarking on your journey.


  • When stopping to use an ATM , remain alert while approaching and making your transaction at the ATM. If you notice anything suspicious or feel uncomfortable, stop your transaction immediately and leave.
  • Find an alternative ATM if the one you found originally was poorly lit.
  • Never accept assistance from a stranger while at the ATM and only count your cash in a secure location away from the ATM.
  • Remember when on holiday to avoid carrying large amounts of cash or displaying flashy jewelry, watches or cell phones. Never leave valuables in a shopping trolley.


  • In an emergency, call the SAPS Emergency number, this number will allow you access to flying squad, fire department and ambulances, call: 10111
  • If you have any information about a suspected criminal or suspicious activity meriting police investigation and response, call Crime Stop 08600 10111
  • For poison information services in all areas, call: 0800 33 3444.

Safe JourneyTravelling can be a wonderful experience and it is important not to rush but to enjoy the ride. As Lao Tzu once said: 

"A good traveler has no fixed plans
and is not intent on arriving."

Country Indicators

The Into SA eBRIEF offers direct links to the eNEWS archive of press articles for each country under Into SA eNEWS . By clicking the corresponding country name, our readers will not only be able to follow the up-to-date data in our Indicator Ticker but also have immediate access to other important news and information of that specific country:

Angola Gabon Nigeria
Benin The Gambia Rwanda
Botswana Ghana Sao Tomé and Principe
Burkina Faso Guinea – Bissaut Senegal
Burundi Ivory Coast Seychelles
Cameroon Kenya Sierra Leone
Cape Verde Lesotho Somalia
Central African Republic Liberia South Africa
Chad Madagascar South Sudan
Comoros Malawi Sudan
Congo, Republic of Mali Swaziland
Dem. Republic of Congo Mauretania Tanzania
Djibouti Mauritius Togo
Equatorial Guinea Mozambique Uganda
Eritrea Namibia Zambia
Ethiopia Niger Zimbabwe
Election Calendar 2018
Cameroon President Oct-18
Chad National Assembly & local 2018
Djibouti National Assembly 23-Feb-18
DRC President, legislative & provincial 23-Dec-18
Ethiopia Regional Council & House of Federation 10-Jul-05
Gabon National Assembly 20-Apr-18
Gambia Municipal  12-Apr-18
Guinea Local 4-Feb-18
National Assembly Sep-18
Guinea-Bissau National People's Assembly Apr-18
Madagascar Provincial & regional 2018
  Local & communal Apr-18
Mali President & parliament Nov-18
President Jul-18
National Assembly Nov-18
Mauritania National Assembly Nov-18  
Mauritius President 2018  
Niger Local 2018
Rwanda Chamber of Deputies Sep-18
São Tomé & Príncipe National Assembly, Regional & Local Aug-18
Sierra Leone President, House of Representatives & Local 7-Mar-18
Constitutional Referendum 2018
South Sudan President, National Legislative Assembly, Regional & Local Jul-18
Swaziland House of Assembly& Tinkhundla Sep-18
Togo National Assembly & Local Jun or Jul 2018
Zimbabwe Presidential,Parliamentary, Senate & local elections Jul-18

Election Dates are all subject to Change!
Cartoon Channel
Ramaphosa 's Smile
Ramaphosa vs Dlamini-Zuma
Zimbabwe in Cash Crisis


South Africa Flag Map



Bundespräsident Steinmeier in Südafrika

20. November 2018
Jörg-Henning Meyer

Bundespräsident in Südafrika


Anlässlich des Staatsbesuches von Bundespräsident Frank-Walter Steinmeier in Südafrika haben die KfW Entwicklungsbank und die Stadt Kapstadt am 20.November einen Darlehensvertrag in Höhe von insgesamt 80 Mio. EUR (ca. 1,3 Mrd. ZAR) unterzeichnet.

„Die Capetonier haben der Welt gezeigt, dass es durch konzertierte Aktionen möglich ist, unseren Wasser-Fußabdruck erheblich zu reduzieren und unsere Widerstandsfähigkeit gegenüber dem Klimawandel zu stärken. Kapstadt geht mit gutem Beispiel voran“, sagte Botschafter Schäfer.

Der deutsche Botschafter in Südafrika, Martin Schäfer, betonte, dass Südafrika und Deutschland enge Verbündete bei der Bekämpfung des Klimawandels und der Umsetzung des Pariser Abkommens seien. Er lobte die Einwohner der Stadt Kapstadt und die Menschen in allen Kapprovinzen für ihre Bemühungen, die klimabedingte Wasserkrise Anfang dieses Jahres bewältigt zu haben.

Investitionen in die Sanierung und Erweiterung der Anlagen werden nicht nur die Verfügbarkeit von behandeltem Abwasser für die Wiederverwendung erhöhen, sondern auch im landwirtschaftlichen, industriellen oder touristischen Bereich. Sie werden auch die Energieeffizienz im Behandlungsprozess erheblich verbessern. Der Stromverbrauch für die Abwasserbehandlung nimmt normalerweise einen der größten Anteile des gesamten Energieverbrauchs einer Stadt ein. Durch die Nutzung von Effizienz und die Berücksichtigung der Wasserqualität werden erhebliche Kostenvorteile erzielt. Darüber hinaus werden Vorkehrungen für eine verbesserte Behandlung von Klärschlamm getroffen. Die Verringerung der Methangasemissionen wird zu den positiven Auswirkungen gegen den Klimawandel beitragen.

"Durch die Modernisierung seiner Abwassermanagement-Einrichtungen wird Kapstadt besser für den Klimawandel gerüstet und mit knappen Wasserressourcen durch Dürreperioden fertig werden", sagte Dr. Günther Bräunig, Vorstandsvorsitzender der KfW-Gruppe.

Das Darlehen, das in Landeswährung zur Verfügung gestellt wird und zu einem günstigen Preis über 15 Jahre fällig ist, ist das erste Mal, dass die KfW direkt mit einer südafrikanischen Gemeinde zusammenarbeitet.

Kapstadt ist eine wachsende Stadt, und es ist wichtig, dass wir in den kommenden Jahren ausreichend in die Infrastruktur, die Diversifizierung der Ressourcen und die zuverlässige Bereitstellung von Wasserdienstleistungen investieren können, um unsere Widerstandsfähigkeit zu stärken. Wir danken der Bundesregierung und der KfW für ihr Vertrauen in die Stadtverwaltung.“

Der Bürgermeister der Stadt Kapstadt, H.W. Dan Plato sagte: „Die Aufnahme von Schulden ist für jede größere Stadtverwaltung üblich und in diesem Fall notwendig, um die damit verbundenen Kosten über die Lebensdauer der Abwasserprojekte zu tragen und um eine übermäßige Belastung des Ratenzahlers zu begrenzen. Alle Folgekosten wurden im Hinblick auf die Erschwinglichkeit im Voraus berücksichtigt.

Das Darlehen wird zur Kofinanzierung der Modernisierung einiger der 25 Abwassermanagementeinrichtungen der Stadt verwendet, die derzeit die ca. 4 Millionen Einwohner versorgen und steht im Einklang mit dem anhaltenden Fokus der Stadt auf die Diversifizierung des zukünftigen Wassermix von Kapstadt.

pm - Das Darlehen zielt auf ein energieeffizientes, ökologisches, wirtschaftliches und nachhaltiges kommunales Abwassermanagement. Sie wird im Rahmen der südafrikanisch-deutschen Entwicklungszusammenarbeit bereitgestellt, um Südafrika dabei zu unterstützen, die Auswirkungen des Klimawandels zu mildern und zu mehr Wasserfestigkeit beizutragen.

J-H Meyer, KapExpress

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Into SA TeamINTO SA ist seit über zwei Jahrzehnten das führende Beratungsunternehmen für jedes Unternehmen, das beabsichtigt, sich geschäftlich in afrikanischen Ländern südlich der Sahara zu betätigen. Mit seinem Hauptsitz in Südafrika bietet INTO SA ausländischen Unternehmen umfassende Beratung in allen Wirtschaftszweigen, um das Unternehmen oder seine Produkte zu etablieren. Unser internationales Team aus Juristen, Kaufleuten und Bankexperten ist in der Lage, alle relevanten Leistungen im Zusammenhang mit Unternehmensgründungen, Arbeits- und Aufenthaltsgenehmigungen, Empowerment Zertifikaten, Verträgen und juristischen Dokumenten, grenzüberschreitenden Kapitaltransfers, Steueranmeldungen zu erbringen und Hilfestellung bei der Erlangung aller länderspezifischen Genehmigungen zu geben. Integrität, Effizienz und Transparenz begleiten dabei unsere internationale Erfahrung von zwei Jahrzehnten in Afrika.

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