South Africa has a number of problems, which are starting to flood and overwhelm the tax payer. President Zuma, in his state of the nation address proudly said that there are 15 million employed people and 16 million people getting grants. Some people say a family needs R30,000 per month just to survive. Perhaps because 70% of our taxes, ie rates, taxes, electricity, water, transport, etc, prices are going to grants, and funding such as free electricity, free rates, free transport, free housing, etc. Under this regime, people get a free house and then say its to small!! If only jobs could be created, South Africans would be so much better off and we would all feel much better off. But how to stop this flood? 1) Eskom can only supply about 30% of South Africa's current electricity demand. So many companies have to move elsewhere to get electricity. Hence the reason why our top 40 companies are doing so well, but the SA economy is doing so badly. Almost all the top 40 are slowly mo...
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