U.S. threatens to disconnect South Africa from SWIFT
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a secure messaging network enabling international money transfers between banks. Governance expert and political analyst Sandile Swana discusses the potential impact on South Africa’s economy amid rising economic tensions with the United States, which is considering excluding South Africa from the SWIFT system.
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Yes close swift … crypto is way better and cheaper so good riddance
Africa and it's puppet leaders have only themselves to blame for what befalls every country on the Continent when Western controlled entities are pulled out from under their feet! Why after decades of self rule is African nations still dependent on Aid and Monetary system from the West! Are Europeans and Westerners the only people that can create payment systems? Is Africa and Africans do divided by borders created and applied by the Colonizers to keep division alive and tribal allegiance at the forefront of the consciousness of masses that they can't see the manipulations that blinds them to the ravishing and depletion of their resources by these marauders..At this point one have to wonder if it's deserving for their blindness and ignorance! How can a continent blessed with an abundance of natural resources be infrastructural, socially and economically poor! Make that make sense!
This is why BRICS must succeed. Trump loves to bully the weak!
You are all looking at this the wrong way because all that will happen if Africa had a brain it would all nations would voluntary leave swift it would screw the US completely because they would not be able to buy commodities at all then that would put the US in a screwed position because it would give Africa the opportunity to build for itself
What a grañeat way for the US to lose its reserve currency status
South Africa can refuse trumps demands like other countries.
This is why BRICS is pushing for an alternative financial system such as BRICS Bridge, BRICS Clear and BRICS Pay to move away from SWIFT, EURO Clear, Visa and Mastercard
Brics
😂 low IQ leadership. Haha shame
They don't need swift, ask Russia.
Its sbout icj case they said that and swift is a jew iniated system the usa is given right to use illegally sancti9n countries
CHINA HAS ALREADY SET IP AN ALTERNATE SYSTEM AND ALL COUNTRIES NEED START USE SWIFT IS EVIL
Ramaphosa is going to be the end of SA
This will only show the global south to take BRICS more seriously. Another country should not bully a sovereign nation for whatever reason.
Once you get kicked off SWIFT, no other country will trade with you. You will literally have to sell your minerals via backdoor routes. Ask Zimbabweans!!!
South Africa doesn't make deals with Gaza Baby killers
If removed from Swift South Africa has to Nationslise the mines
My sister your a good you tube pls don't misleading by Nigeria and eff party. This picture your us on Israel flags is for time south Africa divided or Gaza and Israel. This person talking about grant are not south African.to research my sister Google protest about who supports Israel and that Google u can see many Palestinians and Iranian who supported Gaza don't mislead by Nigerian. South Africa we 150000 Israel citizens long time before we born there are south African citizens. We have Iran, Palestinians, South Korea, we have European and Chinese even UAE citizens are full south African. So yes there is a guy from UK who want cape independent But he failed but they keep pushing no one supported them even white people don't support him. Don't mislead by criminals
she said january Trump only took office in Feb???? what kind of guess work Journo is this????
No Trump in AFRICA anc is gone ubuthongo dead
Decouple from US, go BRICS
The fact that one nation has enough power to control international trade is proof that the world has really never had great leaders and democracy and global free trade are a fallacy.
SA will be a thorn in BRICS side. Too corrupt crime ridden and impoverished.
This is the beginning of supremacist attack to make South Africa another biblically promised land. The wheel is turning look at the invasion by the new American administration n the recent influx of Ukrainians and Israelis
South African is not worried about amc. It's not in 37 trillion debt. Amc wants the world to pay for for it through sanctions. Another thing is that the whites ran to amc and brought sanctions to South Africa. Now they play innocent. They are to be blamed. And we stuck with them.
USA have never cared about Shrica only ewhst they can take – they can't take no more from Africa so in comes trump with his party tricks!!
This is not just development – it’s a revolution in infrastructure, education, and national pride.
America is under martial law…. all downhill…
SA as part of BRICS belt&route, all uphill!!!
People are going to use crypto instead
They can’t. The company is situated in Europe. It’s shareholders are mainly Belgian and French
The western world do have africa , South Africa is paper proof of white ownership 370 year proof !😅
America is truly in its psychosis now. Trump is Jewish so what can be expected. He's not neutral. See New York mayor election.
Sanction the SA government in abundance
Let them do it because its there.weapon of oppression.let will hurt for a while but together we will overcome FIND ALTERNATIVES they are always there don't be lazy
SA's problem is the ANC!! Their idiotic policies, greed and corruption are causing all these problems and the majority of the citizens do NOT support them. Also, Godongwana is in inept, compromised and useless finance minister… God help this poor ravaged country – hollowed out and raped by the ANC.
US will never do sh*t to South Africa…..we give those criminals 30percent of our platinum……😂😂😂😂😂ANC knows it very well…..we taking our sh*t somewhere else
Our economy was manipulated by the West…..duhhj we good for real guys….we have 13million illegal foreigners…
Who live better here than their own country….😂😂😂😂
This thing about South Africa being in hot water over their dealings with China, Russia and Iran is just a smoke screen.
About 95% of American companies deal with China in some form or other – so, if China was such an enemy of USA, why are the owners of these US companies not being penalized?
The real issue that the USA has with South Africa is the ICJ case against their favourite "ally" in the Middle East.
They (the Washington government) don't want to come out and say it out loud for all to hear – hence they hide behind "South Africa's relationship with China, Russia".
If sanctions are imposed, South Africa Can start to use the old method of moving money, since we Africans are good at keeping traditions
Finding a payment system that is independent of SWIFT is a world emergency. Countries cannot take a wait and see approach while the unstable American president is hell-bent on destroying everything and everyone who does not kiss his a-ring. At this point, What would other countries be waiting for?
We South Africans stand with Israel.
South Africa is a racist and violent country that are doing terrible things to the white population.
I honestly support being completely disconnected from it entirely.
Let’s just not have contact at all.
Everybody on their own. Everybody manages their own country.
Everybody’s happy.
The ANC government in South Africa has destroyed the country, due largely to its surreptitious implementation of marxist-leninist ideology, its heavily race-based policies, its totally corrupt leadership, its looting of state funds and its inability to run a modern-day state! The party has become South Africa's greatest shame! Bring on those measures to rid South Africa of the ANC's cancerous rule!
Not big deal, they can literally create their own within a week
This is bs. Russia‘s GDP has not suffered due to the US cutting off SWIFT. It does irritate the general public, unfortunately.
What do you want to trade if noting is being manufatured, because the input costs are so high and infrestructure is failing?
How is Mac Donald and other American businesses going to make money in South Africa?
We must start supporting Bricks to create our own financial system and currency, Putin will be happy
Just turn their internet access off, let them return to living like Africans
Why is the answer always to copy what western people do?
You should just return to living like Africans, you dont need banking when your economy is making pointy sticks