South Africans are paying more tax while political parties promise to spend your money better. Dawie Roodt argues the real problem is that government needs to spend less.
Roodt breaks down South Africa’s rising tax burden, political spending, the housing shortage, Airbnb regulation, red tape and the future of the rand.
He argues that excessive government spending is putting pressure on the economy, while restrictive housing policies and slow approvals are worsening the housing shortage.
The discussion also looks at why Roodt believes the rand remains fundamentally weak despite its recent gains, and what policy changes could push it below R16 or even R15 to the US dollar.
Chapters:
00:00 Local Elections And Political Promises
00:45 Politicians Keep Spending More
01:25 South Africa’s Record Tax Burden
02:05 What Is Driving The Housing Crisis?
02:50 Red Tape And Housing Supply
03:25 Airbnb, Hotels And Taxation
03:45 Why The Rand Remains Weak
04:05 What South Africa Needs To Change
#southafrica #DawieRoodt #southafricanpolitics #SouthAfricanEconomy #tax #governmentspending #housingcrisis #rand #economy #politicalcommentary #capetown
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