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Message: <blockquote data-quote="xumbug" data-source="post: 1102397" data-attributes="member: 707">My take on what is happening in the audio industry in South Africa, let me be more specific, the Hi End Audio industry, is the following:The very people that have driven this industry "The Clients" are dwindling and getting fewer by the day. There are arguably 60 million people in this countryof which maybe in a good year 10% are in a taxable earning bracket. Big problem is, over 1 million South Africans emigrated to other countries between 2015 and 2020 (fact)it is estimated that a further 2 million people will emigrate in the 5 years from 2020 to 2025. A large percentage of the people leaving are the very people that have or had the disposable income to spend on Hifi and more importantly Hi end Hifi. Our tax Base is being eroded at such an alarming rate that SARS and our dear Government are coming up with elaborate ways to tax us to the hilt. How many customers do you know that have left, Plenty that's for sure. Just on this forum there are countless members that have gone for good.It can only get worse. Stereo will be around for ever, but fewer and fewer people will be left here to support the local industry!</blockquote>