A big thank you to @CcHUBNamibia for an inspiring event today!
Savanna X AgriTech, led by Sinvula, Inock Tawana & Melvin Sisamu, proudly showcased how we’re using AI to transform agriculture and drive food security in Namibia. 🌱🤝🇳🇦
#SavannaXAgriTech#AgriTech#AI#Innovation
🚨IT'S OFFICIAL: 🇩🇪🇺🇸 The United States is withdrawing its troops from Germany after German Chancellor declared that Iran has humiliated the entire American nation.
@FNBNamibia I withdrew $40 & received multiple reversals but each was converted at a different exchange rate.
How is that possible for transactions tied to the same withdrawal?
Please explain the rates used and why they’re inconsistent. This needs transparency.
The same politicians blocking Elon Musk from giving rural SA schools free Starlink are now targeting Bitcoin holders.
The new draft bill forces users to declare crypto assets, authorizes forced sales into rand, and bans cross-border payments without government permission.
It's pure proof that greed and state control are prioritized over citizen progress.
South Africa's leadership is showing its true colors. They don't want technology, they want total control because they are terrified of what they can't manipulate.
A tale of two countries.
Czech Republic:
"Hold Bitcoin for 3 years? Zero capital gains tax. You're welcome."
South Africa:
"Hold Bitcoin? Declare it, cap it. And if you go over the limit, we'll force-sell it for you."
One is rolling out the welcome mat for those stacking sats.
The other is rolling out the handcuffs for those just trying to build a better life.
Here's the uncomfortable truth: capital doesn't care about borders. It flows to where it's treated best.
And while South Africa is tightening its grip, the Czech Republic is quietly becoming one of the most crypto-friendly corners of Europe.
History has a pattern: the countries that welcome sound money tend to attract the builders, the entrepreneurs, the wealth creators.
The ones that restrict it? They watch them leave.
Which country do you think will attract more capital?
NEW: South Africa's National Treasury proposes draft regulations requiring crypto holders to declare assets above a set threshold and hand over private keys to enforcement officers on demand, carrying fines and up to five years in prison for non-compliance.
JUST IN: South Africa proposes rules that could force residents to sell their Bitcoin to the government.
Under the draft "Capital Flow" regime, any holdings above a set limit must be offered to the Treasury within 30 days.
🚨 The South African government is attempting to OUTLAW FINANCIAL FREEDOM.
🚫 Under the guise of "capital flow management," new draft regulations will effectively destroy self-custody and Bitcoin's promise of financial inclusion in our country.
🇿🇦 These aren't just rules for exchanges. They are a direct attack on EVERY South African.
Here’s what they do:
‼️ BAN SELF-CUSTODY: By targeting transactions that touch global network infrastructure, they make self-custody illegal.
‼️ FORCE LIQUIDATION: They grant the state the power to force the sale of Bitcoin to the National Treasury. This is expropriation.
‼️ OUTLAW CIRCULAR ECONOMIES: Peer-to-peer transactions for goods and services will be deemed "black market" activity if they exceed an unspecified threshold.
‼️ GIVE THE STATE ARBITRARY POWER: The Minister can decide the "threshold" for illegality at any time, creating uncertainty for everyone.
✊ This is a war on open, permissionless money. It's a war on the unbanked. It's a war on your right to control your own wealth.
📜 And they're trying to do it WITHOUT A VOTE IN PARLIAMENT.
⏳ The deadline for public objection is either May 18 or June 10, depending on which government source is consulted.
We have no time to waste.
👀SEE DRAFT HERE:
https://t.co/EtzOYZHYiP
👇 SUBMIT YOUR OBJECTION HERE:
https://t.co/IJueIgxQFE
🔖 READ THE CRITICAL ANALYSIS:
https://t.co/61zE6q2LYn
📢 SHARE THIS POST.
The world needs to see what is happening.
🇿🇦 SOUTH AFRICA PROPOSES INSANE CRYPTO CONTROLS, POSSIBLE FORCED SALES
South Africa National Treasury and South African Reserve Bank have introduced draft Capital Flow Management Regulations that could dramatically restrict crypto use.
The proposal would require disclosure of crypto holdings above an unspecified threshold and could allow the government to force holders to sell assets for rand.
Under the draft, investors may not buy, sell, lend, or transfer crypto above the threshold without permission, except through approved providers.
Transactions would require a stated purpose, and using funds outside that purpose could trigger mandatory resale.
Cross-border transfers and payments using crypto would be banned without approval.
Authorities would also gain powers to search individuals, demand declarations, and seize assets suspected of violating the rules.
Critics say the changes raise serious constitutional concerns around privacy, property rights, and freedom of association, calling them among the most aggressive updates to South Africa’s decades-old exchange control system.
Two videos, one country.
First video: rowdy black South Africans brandishing medieval weapons like sticks, assegais and shields threatening black immigrants in South Africa.
Second video: white South Africans beat the hell out of black South Africans who go on to scatter like sheep
I have no comment!
Innovation… Sinvula Chris, an exhibitor from Savanna X AgriTech and TalentEd Namibia, explains his exhibition at the SparkRx Youth Health Innovation summit underway at the #BeFree Youth Campus.
Video: Hilma Nalupe