lol, don't be an ass.
My dude. Netflix will do it because they don't really care about championing the moral and ethical concerns of the citizens of the country. They'll do it, because the government will make it the law and like good corporate citizens, they'll oblige. They're still going to make their money. You and half the people here on MyBB forums may "stick it to the man" and go back to piracy or media-over-VPN, but most of the people out there? They'll want their Netflix and they'll suck it up. And it will cost Netflix nothing except some development time and the cost of maintaining an interface.
And SABC API down? "Sorry, error code DILLIGAF, please try again later." License address and Netflix address don't match? Mismatching name on credit card and license? "Sorry SABC, error code DILLIGAF, go sort out your issues."
You think Amazon gave a second thought when the government told them to charge VAT on products shipping to South Africa? And if you think a massive revolt against Netflix is going to make any difference to Netfix, you might want to think again. These international companies aren't going to come here and save us from our government's stupid decisions. That's our job.