Media & Society | Rand manipulation by banks: Jamie Mighti

[@tumibaloyi2915]

Great, honest conversation. Kudos to @SABCNews for not being scared to go where others won't go.

[@DreMosala-uc9ir]

This is war without nuclear weapons As a South African I know that whoever Will be incharge of dealing with this case , is time for him or her to get rich and all of this scandal will disappear in a path of smoke

[@phelelanimafuleka3854]

The banks are known and their CEO's but not boldly called for accountability. There so called Investigative Journalists and Human Rights institutions are missing in action.

[@geoffreystrydom8361]

Compliments to SABC for broadcasting this story. As a business owner it’s infuriating finding this out after having to import for the last 13 years, every month, at a crippling cost to keep our business going. I don’t know how this works and open to advice, but would honestly like to join a class action suit, or know if it’s possible to sue?

[@tumibaloyi2915]

PP Busisiwe Mkhwebane was impeached for, among other things, her recommendations that the Reserve Bank be nationalized. We see why.

[@sibusisokhumalo3013]

This country is under siege

[@pearcekanyoka2453]

Under Somalians, Pakistan, Ethiopians, Bangladesh taking the township economy, forgetting the banks are hawkish 😅😅😅😅😅

[@lemarlochenberg]

Since Day 1!!!

[@noziphonjomane2082]

Big time

[@bhekamkhize3422]

I would very much like to hear Dawie Roodt's analysis of South African economy in light of these revelations.

[@shafiyaalgiquadra1105]

Somehow this manipulation has helped stabilise the rand...or some variation of that claptrap.

[@SydneyD28-6]

Dawie's tail is in between the legs

[@pumlambiza3922]

He is missing in action 😢

[@MegaDiva1999]

hes part of the problem though. He is such an Afri pessminst/racist

[@Vapeworld121]

More power to you Madam

[@theonly6359]

DA’s silence 🤐 is deafening

[@shafiyaalgiquadra1105]

No, no it is golden! It is not unlike when racist old white men tried to drown little boys, they know when to keep quiet.

[@SydneyD28-6]

It's because it's white corporations that are involved in this crime

[@phelelanimafuleka3854]

It has been done by their Masters and Funders..😂😂

[@suebishop5427]

Agree. All on WEF payroll

[@l.m90]

ANC AND EFF also quite no toy toy? 😂

[@masterjedi487]

The audacity of these international banks that operate in our country ,to tell us we dont have the jurisdiction to probe their misconduct is absolutely appalling . For the International regulatory community that had the nerve to downgrade us while their subsequent banking firms are destroying a whole countrys economy . ANC members participated in this . The masters our politicians serve are savy and cunning.

[@FFNONNONE]

Can the SABC provide us with the names and portfolios of the participants? The description of this video lacks information about the participants. Such a rich conversation.

[@froloejoe9081]

Because this is a fake story, it’s the ANC trying to blame someone else for the economic sabotage that the ANC inflicts daily on South Africa

[@tshiamomaremela6870]

Why is the DA not saying anything about this Rand manipulation.

[@MasixoleSizani-js3wk]

They benefited from the corruption money

[@bisabop976]

In DA's eyes and lies, only blacks are crooks and criminals, that is why they deliberately ignore any wrong doing by their own.

[@fanamlawuli6761]

Because it is there white friends and funders are involved, it is a warning to not vote the filth

[@suebishop5427]

Paid members of WEF.

[@l.m90]

What did ANC and EFF say?

[@debs2667]

So now tell us who is going to prosecutr those involved and if there are fines who receives them😂probably the same who impose them. This is a joke. Nobody will be prosecuted. Those fines should go to the people not the gov or any private enterprise. NEVER going to happen!!!!👎

[@MariaEllis-rw4bn]

Making us poor daily…. Our purchasing power of the rand is declining daily!!!

[@masterjedi487]

The reserve bank participated

[@Lunga3]

Section 224 is clear on the mandate of Reserve Bank, people must must be prosecuted for ignorance,

[@bhekamkhize3422]

How was the administrative fine by standard chartered arrived at?

[@hazelview144]

Let me leave this here and do not say I did not say anything.... We have been played.. but I have solution... In 2013/2014 when there was suddenly POPIA Act 4 of 2013, this is the moment when certain individuals stolen the identity of beneficial owner then started calling the shots... This individual... Operated behind the banks and any financial services... Under hidden identity as *shareholder...director .. Guarantor... Lender ... Secretary of state.... Insurer... dipositer... Supervisor, and more *

[@motlahadimokobori9914]

The media should continue to investigate because the rand does not make sense, something bad happens in SA, rand falls, external factors it falls. Why is that happening, why is the rand mostly weak and falling, and we as SA continue to suffer whilst reserve bank looks on. Investigations must continue and exposed

[@Questioning4u]

We want all does implicated to go to jail we are really tied we are suffering because of them.

[@MusaAbednegoMfeka-xg5rn]

This. Will have a serious impact to our future generations we eventually need to do something about our American leadership really our relationship is not ethical

[@jameskillu9171]

why is Zondo quiet, does he approve crime by banks,

[@siyandathabede4382]

Corporate fraud

[@Aurora-light01]

We want all the politicians to face criminal charges for their corruption in Goverment.

[@HarwardMbonxa]

trying to hide banks corruption.

[@MasixoleSizani-js3wk]

For now it's banks corruption

[@jonathanhundzukani7429]

Are you deliberately deviating from the Rand manipulation.

[@Aurora-light01]

@@jonathanhundzukani7429 , nope just pointing out the hypocrisy. Politicians are using this to rally people, but they are blind to what the politicians do. We should have accountability across the board.

[@Aurora-light01]

@@jonathanhundzukani7429 Also it's easy to hold the banks accountable, stop banking with them. We the consumers have the power by boycotting the banks. But the corruption in government is a whole other story. If you give the state more power this country will be doomed.

[@mann234]

Welcome to the Nigerian SFEM - Second tier foreign exchange market in 1985 why the local currency devalued 1 to 50 to the US dollar today.😅

[@sicelobangani8618]

For once I am grateful we have a public state broadcaster. Ability to delve into this topic without fear or favour can only be by a state brodcaster.

[@frederickcollins9228]

Great story. I had not heard. I am an anti-corruption advocate from Guyana. Very informative.

[@Aurora-light01]

Give us a full list of all the banks involved. #BoycottTheBanks If there are any banks that are not involved and do not do this let us know. I will move my accounts, I don't care to have some politician use this, at least with the private sector I can move my money to where the laws are upheld.

[@jeannotnelson4048]

as per the corporation of SA as registered on the NY stock exchange, Anton Rupert is the chairman of SA and WEF and Sorus and Gates are also listed, as is a Kissinger and others. What about the SARB GOLD CASE?

[@SandileNtombela]

This needs to be punished severely seriously! In 2009 I went to Europe and the exchange rate was R10= €1 and the $1 = R7 but today it is crazy and nightmare to go overseas interms of cost.

[@monkimabiletsa332]

The DA, Zille and Steenhuizen are quite. Your silence is loud. Dawie Roodts is missing in action.

[@ceciliamungofa7374]

What does that do to Homeloans interest?

[@akanibaone7082]

SA as a corporation is perhaps paying its tributes to the owners😢 and journalist who have no backbone and are afraid to report truth, should find an alternative job.

[@noziphonjomane2082]

It’s funny how all these so called analysts were blaming Zuma for everything in this country mxem

[@MegaDiva1999]

what did they say.? Ms Pheko was not and Jamie was not. Be specific

[@sbu2000]

Mthathe Undertaker

[@masterjedi487]

The competition commission is captured , and their fines are microscopic pay offs ,these banks make billions and pay millions

[@shopekassie]

If the ANC and the EFF had nationalized the South African Reserve, banks and mines when they took over power, we would not be in this mess now.

[@froloejoe9081]

🤣🤣🤣🤣oh my oh my do you really believe that fantasy

[@MasixoleSizani-js3wk]

EFF and power when?

[@kagisopaledi2866]

I totally agree with you

[@Aurora-light01]

hahahahaha, they would have done with that exactly what they did with Eskom. Let's be real.

[@froloejoe9081]

The way the reserve bank is managed is the only reason South Africa still has a shred of credibility. I know this from a very informed high positioned insider from the USA government. They tolerate a lot of the ANC ridiculousness but if the reserve bank goes ANC style thieving and mismanagement , then we are playing with the big boys and they aren’t where they are because they’re stupid. They won’t tolerate the looting and stealing by the ANC elites and their vanity projects pretending

[@shafiyaalgiquadra1105]

"Market forces" at work. All hail capitalism...

[@SydneyD28-6]

It's only unfortunate that we often think Capital is honest and fair, and that the wealthy have worked hard for their money, until such a gigantic story comes to light

[@shafiyaalgiquadra1105]

@@SydneyD28-6 the idea of it is stellar! In the books, capitalism looks great but in reality it almost appeals to a greater power that we all know does not exist to keep it in check.

[@MusaAbednegoMfeka-xg5rn]

Hi out main predicament as SA nation it is an undisputed fact that all our African Countries are controlled by our enemies from the US that’s why we will always have an imminent economy in South Africa unfortunately

[@froloejoe9081]

The reserve bank is the only state institution still working

[@bisabop976]

😂😂😂 Lol

[@fanamlawuli6761]

Is that a joke?