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#ByteAbit

@HermByteabit

The devils in the detail. Forensic Audit: Fraud Investigation: Digital Forensics: #ForensicAudit #DataAnalytics #DigitalForensics

Cape Town, South Africa เข้าร่วม Ocak 2012
522 กำลังติดตาม1.2K ผู้ติดตาม
#ByteAbit
#ByteAbit@HermByteabit·
@sabeloshark @Abramjee It's been around a long time. It was small. It grew from spaza shops to available in every city town or suburb. It's the scale now. Turbo charged by Dlamini-Zuma (covid ban on legal cigarette sales). Massive tax hikes on legal. If government WANTED to, they COULD stop it.
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sharks
sharks@sabeloshark·
@HermByteabit @Abramjee Streets has been selling 20’s cigarets for R10 as early as 2012. The markets been blown up by foreign spaza shops
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Yusuf Abramjee
Yusuf Abramjee@Abramjee·
Two foreign nationals have been arrested in Bethlehem, Free State, after being found in possession of illegal cigarettes worth an estimated R3.5 million. The illicit cigarette trade continues to cripple South Africa’s economy, costing the country billions in lost tax revenue while fuelling organised crime networks. Authorities have repeatedly warned that the black-market tobacco trade also undermines legitimate businesses and weakens efforts to combat cross-border smuggling. Investigations into the case continue. @SAPoliceService @sarstax @TaxJustice_SA
Yusuf Abramjee tweet mediaYusuf Abramjee tweet media
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ThePugFather
ThePugFather@_ThePugFather·
Our friends left this at our house on Wednesday night, does it work the same as tupperware that gets left at someone else's house? 🤔
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#ByteAbit
#ByteAbit@HermByteabit·
@sabeloshark @Abramjee I've done work for BAT while at Alex Forbes, been a fraud and corruption investigator for thirty years, a lecturer in most African countries. I think I know my subject. Read my post for meaning. Do homework, on the black market economy before and after. Revert once you're done.
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#ByteAbit
#ByteAbit@HermByteabit·
@RomanCabanac I'm having issues backend that are a nightmare. Grok falls over regularly.
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Roman Cabanac
Roman Cabanac@RomanCabanac·
I don't know what's going on with X, but ever since Elon Musk bought it, my reach, my followers, everything has just stayed exactly the same. It doesn't go up. It doesn't go down. It's all just middling.
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CrankyGran
CrankyGran@Cranky_Gran·
Who sells the cheapest 9kg gas? Anyone?
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#ByteAbit รีทวีตแล้ว
Khulani Qoma
Khulani Qoma@KhulaniQoma·
Johannesburg houses most corporates. It also has the stock exchange. It is our largest commercial hub and our economic growth can only be relaunched here. The ANC had the opportunity to install a mayor with apex skills for the stated reasons. But they brought in Dada. SHOCKING!
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👑Don lizz👑💥
👑Don lizz👑💥@rekoil92·
The greatest 20 minute demolition to ever happen 🔥🔥
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#ByteAbit รีทวีตแล้ว
Mark Barnes
Mark Barnes@mark_barnes56·
🇿🇦Putting Jo’burg under administration won’t solve it - we need professional business leadership - supported by a steady political majority to fix it (without political interference, for at least three years)🇿🇦
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IRS Forensic Investigations
IRS Forensic Investigations@FraudWatchZA·
So this is where the statistics become interesting. What the NPA head is actually stating is that the conviction rate equates to 74% of cases that are ENROLLED for prosecution. The disparity comes in when you realise that the majority of cases are NOT enrolled due to poor detective work. Understandably the NPA will not enroll cases where there is not a prospect of a successful conviction. Therefore the actual statistic of murder convictions is far far lower. Try 10 - 12% of actual murderers being held to account.
Daily Maverick@dailymaverick

New NPA head Mothibi claims a 74% murder conviction rate amid ambitious reform agenda #Echobox=1777879298" target="_blank" rel="nofollow noopener">dailymaverick.co.za/article/2026-0…

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Jaco Kleynhans
Jaco Kleynhans@JacoKleynhans·
Just a few days until the beginning of the end for Keir Starmer and his Labour Party government. In England they stand to lose 75% of local government seats and in Wales they could drop from first place to third or even fourth. Voters will decide on this on Thursday... telegraph.co.uk/politics/2026/…
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#ByteAbit
#ByteAbit@HermByteabit·
@X Gfy - per Grok.
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#ByteAbit
#ByteAbit@HermByteabit·
@RyanCoetzee The core economic principle here is sound: taxing or levying on capital/wealth stock, rather than flows like income or actual consumption risks undermining the very investment needed for growth, jobs, and sustainable poverty reduction. Eating the seeds metaphor captures it well
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Ryan Coetzee
Ryan Coetzee@RyanCoetzee·
This isn’t accurate. The money funds infrastructure. Infrastructure is literally what makes Cape Town so investable. That infrastructure (and private sector investment) benefits everyone, not just poor people. It also means property owners have seen the value of their properties rise dramatically, uniquely for SA’s metros. Please don’t complain about collapsing infrastructure in other cities and expect Cape Town’s infrastructure to fall like manna from heaven. It doesn’t work like that.
Chris Hart@chrishartZA

Essentially wealth taxes. Or taxes on capital. Yet capital is needed for investment that fuels growth. Wealth taxes in SA are folly against the context of low savings, low investment with consequences of high unemployment and poverty. Wealth taxes is the equivalent of eating seeds and then wondering why there are no harvests. The Cape Town equivalent of aPPP (poverty perpetuation policies). The policy is the political response to poverty, which is to help alleviate poverty (which is diverting resources to consumption). Poverty reduction, however, is funnelling resources to investment. SA’s poverty alleviation programs are directly causing the poverty it’s trying to alleviate.

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#ByteAbit
#ByteAbit@HermByteabit·
@chrishartZA Hi Chris. The National Prosecuting Authority (NPA) announced its decision to drop corruption charges against Jacob Zuma on 6 April 2009. I think the catalyst shift was earlier. The instrument? Auditor General Shauket Fakie and "Arms Deal Report". Zuma was just the full stop.
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Chris Hart
Chris Hart@chrishartZA·
The big change (like a switch in the economy) was in 2007, when the NPA dropped the charges against Zuma for political expediency. From that point, politicians (in the ANC connected inner circle) have been given impunity. Corruption shifted from skimming in the shadows to wholesale plunder in the open. What followed was the destruction of the police (especially investigative capacity), destruction of the NPA, breakdown of the judicial system (especially the magistrate courts) and oversight in general. The effect on the economy by the 2007 NPA decision was hidden by the 2008 global financial crisis but the SA economic underperformance from that time has been catastrophic. Especially in unemployment and poverty levels.
Wall Street Mav@WallStreetMav

South Africa used to be way ahead of other African countries and strongly above the average for emerging economies. But something happened the past 20 years, they are falling behind … now they have electricity blackouts, public infrastructure is falling apart. What changed?

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ค้นพบ

@sabeloshark @Abramjee @SAPoliceService @sarstax @TaxJustice_SA @KeithDinabantu @_ThePugFather @LCabonena