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DTIC Chaos: Film Rebates Owed, Lottery Questions & the R100bn “Slush Fund”

Автор: State of the Nation

Загружено: 2026-02-12

Просмотров: 3254

Описание: South Africa has zero growth, sky-high unemployment — and the Department of Trade, Industry & Competition is still managing to break what actually works.

In this episode, DA Trade & Industry spokesperson Toby Chance lays out the mess inside the DTIC: R663 million in unpaid film rebates, a panel that hasn’t met since March 2024, serious questions around the National Lottery licence, the explosion of online gambling, a dire SABS situation, and the DTIC’s obsession with a R100bn transformation fund that looks like a debt-fuelled slush fund.

IN THIS EPISODE
• Film industry incentives collapsing: jobs at risk + companies closing
• R663m owed in approved rebates and why it hasn’t been paid
• Adjudication panel “exists” but hasn’t met since March 2024
• DTIC incentives: billions spent, weak cost/benefit accountability
• Minister Parks Tau: inherited a “train smash” but still doesn’t decide
• Lottery licence controversy + questions around shareholding links
• Online gambling explosion: R1.5 trillion wagered + advertising everywhere
• SABS in crisis: cyberattack fallout + endless “acting” executives
• The R100bn transformation fund: why business is pushing back
• Debt-funded “solutions” and why loans can destroy small businesses
• DA leadership change + why metros (especially Joburg) are up for grabs

Don’t just complain get involved, share this conversation, and subscribe for more State of the Nation insights.

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Chapters:
0:00 Intro: politics ↔ economy, zero growth reality
0:42 Sponsor + Breakfast tickets (Pace Car Rental / SONA / 13 Feb)
1:34 The film rebate crisis begins
2:22 Why it’s NOT a small issue (jobs + industry scale)
2:43 R663m owed + panel hasn’t sat since Mar 2024
3:29 How the rebate system works (35% milestones)
4:23 Why it’s happening: admin collapse vs “sinister” theories
6:26 Incentives budget: billions spent + weak cost/benefit scrutiny
7:15 Why film incentives matter (multiplier effect)
8:08 Parks Tau: fit for purpose? inherited “train smash”
10:47 Why films are harder to “capture” — but still vulnerable
12:15 DTIC called to committee (17th) + Treasury question
13:28 Overspending excuse + why Parliament wasn’t told
14:21 National Lottery: suspicious award + extensions
15:20 Tau delays + conflict questions + investigations missing
17:12 Gambling explosion: why regulation failed
18:22 R1.5 trillion wagered + advertising surge
19:43 Protecting vulnerable people (kids, grants, addicts)
21:04 SABS crisis: procurement claims + cyberattack + instability
23:16 “Acting” executives everywhere + no accountability
24:40 R100bn transformation fund: DTIC doubling down
26:10 Business pushback + why this becomes a slush fund risk
27:24 Afreximbank money = debt (and who pays)
28:27 Why loans are poison for startups
29:33 What SA actually needs: innovation + high-growth entrepreneurs
30:11 Small business licensing bill = more graft risk
32:27 Was DTIC ever offered to DA in GNU? (clarified)
34:57 Steenhuisen stepping down + DA opportunity
37:05 DA metro strategy: Joburg + coalitions + Helen Zille
40:02 Winning plan: listen first, then solutions (water, services)
41:22 Wrap: DTIC failures = slower growth, poorer SA

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DTIC Chaos: Film Rebates Owed, Lottery Questions & the R100bn “Slush Fund”

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