In a surprising and controversial statement, South African President Cyril Ramaphosa has confirmed what many have whispered for years that South Africa is, in effect, “sold” and legally considered a company in the United States.
This revelation has sparked widespread debate and confusion both inside and outside the country. Critics argue that treating a sovereign nation as a corporate entity undermines its independence and raises serious questions about governance and foreign influence.
Legal experts explain that this situation stems from certain international agreements and historical financial arrangements that classify South African government operations in ways resembling corporate structures for trade and investment purposes in the US.
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Ramaphosa stated in a recent interview, “We acknowledge the complex international frameworks in place, but our focus remains on ensuring South Africa’s sovereignty and prosperity.”
Citizens and activists have taken to social media demanding clarity and transparency, with hashtags like #SASold trending nationwide.
As this story unfolds, Dobblog will provide ongoing coverage to explain what this means for South Africa’s future and its standing on the world stage.
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