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Displaying the 30 latest comments.
Submitted | first-name | support | concern | top-concern | message |
|---|---|---|---|---|---|
2026-04-30 17:57:10 +02:00 | Mary-Anne | No I do not | Section 25 Rights: State Acquisition of Capital | ||
2026-04-30 17:57:00 +02:00 | Jacques | No I do not | All of the above | Section 25 Rights: State Acquisition of Capital | People have the right to there own wealth and wellbeing if acquired by law without being monitored by state or have the privilege of losing it through state laws. We are a democracy not a state owned nation |
2026-04-30 17:56:37 +02:00 | Philippus | No I do not | Regulatory Overreach: Defining 'Anything of Value' as Capital | ||
2026-04-30 17:56:11 +02:00 | Owen | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | I do not believe that Government should have anything to do with my personal affairs whatsoever. I pay my Taxes according to the Law, therefore, why should my personal property, (some of which special taxes have been paid on as well, no doubt), be made available to anyone, let alone Government!!! |
2026-04-30 17:55:33 +02:00 | James | No I do not | All of the above | Property Security: Attachment of Land & Title Deed Noting | |
2026-04-30 17:55:08 +02:00 | John | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | We need less Government control not more. |
2026-04-30 17:55:02 +02:00 | Sharon | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | |
2026-04-30 17:54:35 +02:00 | HILTON | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | |
2026-04-30 17:54:31 +02:00 | Clive | No I do not | All of the above | Property Security: Attachment of Land & Title Deed Noting | |
2026-04-30 17:54:28 +02:00 | Gerhardus | No I do not | Regulatory Overreach: Defining 'Anything of Value' as Capital | ||
2026-04-30 17:54:19 +02:00 | Anli | No I do not | All of the above | Privacy & Self-Incrimination: Surrender of Passwords/Private Keys | |
2026-04-30 17:53:57 +02:00 | Christo | No I do not | All of the above | Property Security: Attachment of Land & Title Deed Noting | |
2026-04-30 17:53:47 +02:00 | Annemarie | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | |
2026-04-30 17:52:26 +02:00 | Phillip | No I do not | All of the above | Section 25 Rights: State Acquisition of Capital | |
2026-04-30 17:52:03 +02:00 | Francois | No I do not | All of the above | Section 25 Rights: State Acquisition of Capital | Our state are already mafia criminal based full of corruption. So nothing will be safe nor fair. We have a national government of disaster crises. Now the government are getting desperate to keep power of control and this is the african way of keeping power, changing the law to power the corrupt… |
2026-04-30 17:51:51 +02:00 | Ian | No I do not | Property Security: Attachment of Land & Title Deed Noting | ||
2026-04-30 17:51:28 +02:00 | Michael | No I do not | All of the above | Section 25 Rights: State Acquisition of Capital | |
2026-04-30 17:51:00 +02:00 | Julian | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | Not one of these provisions is in the interests of the people of SA, they are there to provide another way for the government to finally steal everything from its citizens. If this legislation begins to go through, mass exodus of taxpayers and assets is to be expected. The existing laws need little change to solve modern problems, if you just use the laws you had already, properly, there would be no problem. Stop making laws when the problem is not the law, it's the government crooks! If you can't own things safely, what is the point of working for them? Much better to sit idle and ask the government for handouts. If the government needs money it can start by stealing a bit less. Remember this: “You only have power over people as long as you don't take everything away from them. But when you've robbed a man of everything, he's no longer in your power—he's free again.” -Alexander Solzhenitsyn, Soviet dissident, author of The Gulag Archipelago. |
2026-04-30 17:50:59 +02:00 | Thaniel | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | |
2026-04-30 17:50:53 +02:00 | Pat | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | SUBJECT: OBJECTION TO THE DRAFT CAPITAL FLOW MANAGEMENT REGULATIONS, 2026 I formally object to the Draft Capital Flow Management Regulations, 2026. While I understand the need to regulate capital flows, parts of these Draft Regulations are too broad and conflicts with rights protected in the Constitution of the Republic of South Africa, 1996, as interpreted by South African courts. First, the definition of “capital” is too wide, as it includes almost anything with value. This creates uncertainty and may not meet the requirement that laws must be clear and predictable. Second, allowing the State to attach property based only on “reasonable suspicion” is concerning. Attaching property without a court process risks being arbitrary. Third, forcing people to sell gold to the State at a price it sets is unfair. Fourth, requiring people to hand over passwords or private codes raises serious privacy concerns. Overall, these Draft Regulations do not appear to include enough safeguards to protect constitutional rights. I respectfully request that: The definition of “capital” be made clearer and more limited; Property should not be attached without a court order; Any forced sale of assets must be fair and transparent; The requirement to hand over passwords be removed or reconsidered; and The Regulations be revised to better protect constitutional rights. Yours faithfully, |
2026-04-30 17:50:33 +02:00 | Lin | No I do not | All of the above | Property Security: Attachment of Land & Title Deed Noting | |
2026-04-30 17:50:13 +02:00 | Hugh | No I do not | All of the above | Section 25 Rights: State Acquisition of Capital | |
2026-04-30 17:50:05 +02:00 | Heather | No I do not | All of the above | Lack of Clarity: Undefined 'Determined Thresholds' | |
2026-04-30 17:49:56 +02:00 | Afxentis | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | |
2026-04-30 17:49:42 +02:00 | Anonymous | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | |
2026-04-30 17:49:36 +02:00 | Kim | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital | State intervention at will infringe on individuals right and in my view is unconstitutional. The State should leave business and citizens alone and not try to di tate and take over everything. Just take the past 32 years and see how little the country has moved forward. This regulation will only make matters worse, take away the meaning of constitutional rights and punish those who have worked for what they have. |
2026-04-30 17:49:24 +02:00 | Rennie | No I do not | Section 25 Rights: State Acquisition of Capital | Your possession should never bee able to be taken by state | |
2026-04-30 17:49:06 +02:00 | Michelle | No I do not | All of the above | Property Security: Attachment of Land & Title Deed Noting | We already have ample regulatory measures, however, our government Has failed to enforce them and our criminal courts have not held those who break them, accountable. What is the motivation for further regulations? Is it possible that these are further measures to take more and more. |
2026-04-30 17:49:05 +02:00 | Michelle | No I do not | All of the above | Property Security: Attachment of Land & Title Deed Noting | We already have ample regulatory measures, however, our government Has failed to enforce them and our criminal courts have not held those who break them, accountable. What is the motivation for further regulations? Is it possible that these are further measures to take more and more. |
2026-04-30 17:48:55 +02:00 | Petrakis | No I do not | All of the above | Regulatory Overreach: Defining 'Anything of Value' as Capital |
Supporters of the draft regulations, primarily the National Treasury and the South African Reserve Bank (SARB), argue that these changes are a vital step toward a modern financial system.
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- Modernizing Outdated Laws: The current regulations are over 60 years old and were written long before the internet or digital assets existed. Moving to a “risk-based” system allows the State to focus on high-risk, high-value movements of money rather than policing every small transaction.
- Global Security & Compliance: To stay off international “grey lists” (like FATF), South Africa must prove it can track and stop money laundering and the financing of terrorism. Explicitly regulating crypto assets as “capital” closes a loophole often used by illicit actors to move wealth undetected across borders.
- Protecting the South African Rand (ZAR): Uncontrolled capital flight—where billions in value leave the country via digital wallets—can destabilize the national currency. These regulations ensure the State has the visibility needed to manage economic stability.
- Building a Regulated Fintech Industry: By creating a formal “Authorised Crypto Asset Service Provider” (ACASP) category, the State is providing a legal pathway for legitimate businesses to operate, which they argue will actually attract institutional investment.
Opponents, including civil society groups, legal scholars, and “Bitcoiners,” argue that the draft is a radical overreach that compromises the Bill of Rights.
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- A “Privacy Death-Knell”: Granting enforcement officers the power to search personal devices for digital “control” at borders is viewed as a massive violation of the Section 14 right to privacy.
- Forced Self-Incrimination: Regulation 25(5), which compels citizens to hand over private keys and passwords, is highly controversial. Critics argue this forces individuals to provide the evidence for their own financial “prosecution,” violating Section 35 of the Constitution.
- De Facto Expropriation: The power of the Treasury to “attach” assets based on mere suspicion—without a criminal trial—and the ability to force the sale of private crypto into ZAR is seen by many as a violation of property rights.
- Stifling the “Digital Gold” Economy: Critics argue that treating a borderless technology like Bitcoin as if it were physical gold will drive innovation and young tech talent out of South Africa. They fear these “permission-based” rules will make South Africa an uncompetitive “digital island”.