Another day, another 'precautionary suspension' at the PIC – the R3.5 TRILLION behemoth supposedly guarding South Africans' pensions and savings.
CEO Patrick Dlamini out amid whistleblower bombshells on Lanseria Airport dodgy dealings, conflicts, and unauthorised probes.
This isn't 'governance' – it's the predictable rot when politicians and connected insiders treat public property (YOUR retirement funds) like their personal slush fund. Billions at stake, zero accountability, endless scandals.
Property rights mean nothing when the state asset manager can't even manage basic integrity. While they erode self-custody and private assets through overreach i.e. draft CFM regulations, their own house burns.
Time to defend what's yours from this circus. South Africa deserves better than serial mismanagement of the people's wealth.
https://t.co/stGkXXoCgH
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What was SARB's suspicion?
Recent Notices and Orders of Forfeiture by SARB under the Currency and Exchanges Act, 1933:
54984 | 4022 | Mr Guangsheng Lin
54978 | 4020 | Firethorn Trading and Investments
54977 | 4017 | African Oak Trading
Total amount seized: R718,375.38
If the draft Capital Flow Management Regulations passes without amendments - expect to see notices and orders of forfeitures more often.
Say no to capital controls.
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🔴 BREAKING: Sakeliga is seeking to join a ConCourt case to protect the stability and predictability of property transfers and ownership in South Africa
Key property principle at stake: whether verbal agreements are as binding and enforceable as written ones.
Here's the latest 🧵
New car tax to "fix" the broken RAF? 👇
https://t.co/OEP6lLpHWU
Just more proof the ANC govt's coffers are empty. While they milk every motorist with fresh vehicle fees, their draft Capital Flow Management Regulations trap your capital inside SA's failing system — keeping citizens enslaved and property under state control.
Stop the plunder. Defend your rights.
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We strongly support Luno's submission against the proposed draft Capital Flow Management Regulations.
Cryptocurrency represents private property — individuals' voluntary holdings of digital assets that they have lawfully acquired.
These rules risk imposing unnecessary friction on everyday South Africans, stifling innovation, and driving activity offshore — all while the ageing exchange control framework desperately needs modernisation, not patchwork expansion via proclamation.
Crypto users are not criminals by default. Sound regulation should focus on clear AML/CFT rules without confiscatory overreach that treats citizens' property as state-controlled capital.
We urge @Treasury_RSA and the @SAReserveBank to heed Luno's concerns and prioritise a framework that respects property rights, encourages local fintech growth, and classifies onshore crypto holdings appropriately.
Property rights are human rights — hands off private digital assets.
https://t.co/v9F7wE71TL
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If SARS can't even keep their eFiling site from crashing on day one, how exactly does SARB plan to keep your financial data "safe"? @Simon_Sithole20
This incompetence is a neon sign for criminals.
Just ask France — already 77 crypto kidnappings, ransoms & extortions this year alone.
Your property. Their failure. Wake up.
https://t.co/3rBz44zHWW
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Ever heard of the Henry VIII Clause?
Henry VIII clause = government's old 'cheat code' from 1933.
It lets ministers make rules that can override or change actual laws passed by Parliament — without going back to Parliament.
Like giving Treasury a magic button to rewrite money & crypto rules on the fly.
Democracy says 'ask us first.' This says 'nah, trust us bro.'
That's why it's constitutionally sus.
Donate here:
https://t.co/9pQ5qdUBCE
#PropertyRightsDefense
Ever heard of the Henry VIII Clause?
Henry VIII clause = government's old 'cheat code' from 1933.
It lets ministers make rules that can override or change actual laws passed by Parliament — without going back to Parliament.
Like giving Treasury a magic button to rewrite money & crypto rules on the fly.
Democracy says 'ask us first.' This says 'nah, trust us bro.'
That's why it's constitutionally sus.
Donate here:
https://t.co/9pQ5qdUBCE
#PropertyRightsDefense
Start sending them emails ✍️⌨️
Deadline: 31 August 2026
Email address: [email protected]
Reference: Draft Guide to the Taxation of Crypto Assets
Reference: DRAFT GUIDE TO THE TAXATION OF CRYPTO ASSETS.pdf
https://t.co/Ea6DQesvWM
Thank you to our 63 incredible contributors!
Your generous support has raised $22,000 for our legal defense fund.
These funds are held securely with geographically distributed keys.
You are the real change. Thank you for standing with us.
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#PropertyRightsDefense
Govt warns retirement savers while printing rand into oblivion. Austrian insight: inflation is a hidden tax that destroys long-term planning. Over 80-year horizons (work + retirement), fiat erosion makes "safe" funds a trap.
Bitcoin fixes this: hard money with fixed supply, no central banker can debase. Real savings for real futures. Abolish capital controls, protect ₿itcoin. Stop punishing South Africans for seeking sound money.
Did you know SARS love to do things low-key...@Simon_Sithole20?
SARS in December 2025 quietly made it mandatory for both buyer and seller of property (local or foreigner) to have a valid income tax reference number in property transactions valued at R2 million or more.
Non-compliance = no transfer duty receipt.
Ref: Transfer Duty Declaration (TDC01)
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@TaylaPinto SARB is implementing this (making it easier for criminals to come after your capital) with the draft Capital Flow Management Regulations 2026.
And our President just went to France to learn the playbook.
#PropertyRightsDefense