@soundmoney_coach: South Africa’s economic story didn’t begin in 1994. It began with inherited debt, years of rebuilding, and a major turning point after the 2008 financial crisis. If you understand this timeline, you’ll better understand inflation, taxes, interest rates, government debt, and why the digital economy is creating a new wealth opportunity for a new generation. Disclaimer: This video is for financial education and economic commentary only. It is not financial, investment or tax advice. #SouthAfrica #SouthAfricanEconomy #FinancialEducation #SoundMoneyCoaching #DigitalEconomy
soundmoney_coach
Region: ZA
Sunday 20 September 2026 03:19:02 GMT
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Zama Timbela 🇿🇦 :
Cyril Ramaphosa is borrowing too much. Zuma never borrow from IMF/World Bank during 9 years. He used BRICS bank and SOEs to development South Africa
2026-10-04 19:08:18
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zongololo :
Trevor Manuel Best finance minister
2026-09-20 10:03:23
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finos :
South Africans paid the debt during Thabo Mbeki's presidency and not Thabo Mbeki himself. Yes, the country was near collapse at the period of trsnsition to democracy. Unfortunately, corruption by the big banks (localband foreign banks) in manipulating the ZAR, government officials corruption, organized crime, drug cartels, the EROSION of the township economy (you know who is playing in that space and the Economic SPHAZA-SHOP MAFIA), and the problem of a bloated government human resources.
A country where the government is the biggest employer while it's not pursuing industrialization cannot grow beyond 1%. Couple this with rising inflation and Welfare Economics then you are brewing a disastrous future. We can engage more later 🤞
2026-09-20 09:32:03
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Just_Shayne :
I taught a few classes on this way back 1998 many don't know there was a near economic collapse
2026-09-20 09:00:50
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Karl Schritt :
1985, thank you for the information
2026-09-27 15:25:57
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jack7ms :
siyabonga mfowakithi, but ANC is destroying industries
2026-09-20 03:51:48
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Mbelu7701 :
Thankyou Sir well said they left us with highly Indebted country.
2026-09-20 06:33:57
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Gen Mohale :
my boy Akere ,keep on teaching the nation
2026-09-20 07:47:13
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ThapeloMosia05 :
thanx to ANC
2026-09-20 05:47:17
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Blaq :
I didn't know this information
2026-09-20 04:50:16
4
Grato :
Thanks 4 the info
2026-09-25 14:03:00
1
Lungisumziwonke Ntintili . :
The solution to these challenges can be debated with the creator if you can appreciate meeting each other.
2026-09-23 20:21:12
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WesMann :
facts
2026-09-20 12:05:22
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Simo :
we had tht Thabo mbeki was nearly to pay off debt how true is that ?
2026-09-20 07:37:08
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Mzanzi :
True
2026-10-01 21:53:06
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Dlavlesaka :
Then they started stealing...[Thinking][Thinking][Thinking]
2026-09-20 05:34:20
3
dr phil :
ANC has tried to build under this difficult times. I can give more info on this.
2026-09-20 14:29:29
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Piyesi :
Thank you for explaining to Common Black South Africans 🤔🤔
2026-09-20 07:21:56
2
Teekay🇿🇦 :
All thanks to the terrorist regime of the ANC
2026-09-20 07:33:44
2
Tswarelo Architectural designs :
❤️
2026-09-20 06:02:53
2
Hellen :
☹️☹️
2026-09-20 06:02:37
2
Theo van den Berg😡😂🙈😢 :
😂😂😂
2026-09-20 08:28:09
1
Thousan Inkomane :
👌👌👌👌
2026-09-20 13:42:12
1
Moodley :
🌿🌿🌿🌿🌿💐
2026-09-26 14:45:45
0
Lara khalil 🐬 :
I've previously fallen victim to scams, but I'm still actively looking for a trustworthy trader or company to invest with..
2026-09-24 18:45:59
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