1. Half true. I have 125TB Hard drives connected to my Plex server with tens, if not hundreds of thousands of series and movies on it. This is my go-to entertainment whenever I want to watch something on my TV in my living room. Old or new.
2. Admittedly, I do not use Plex for live TV at all. For that, I have a number of apps on my TV already providing me with access to many thousands of TV stations, torrents, sport channels for live sports globally at no costs. Sometimes some channels work, sometimes they don't. But, channels do eventually get updated and fixed again.
3. As far as I know, Plex do not have servers in SA, so technically they do not operate in SA. I paid them abroad for my lifetime pass years ago.
This appears more to be an issue where the government wants to decide what people of SA can and cannot have access to and they will want to cut every person off everything unless they can get some loot to share.