The government is a terrible capital allocator. Give the US government a trillion you get corruption, lawlessness and bombs.
Give Elon a trillion, you get reusable rockets, global internet connectivity,electric cars, brain interfaces and a possibly a future in space.
Stop the whining and let the man cook.
@BDliveSA Direct ownership this is believable. However most shareholders are via pension funds and other collective investments.
I'm betting if that were added in it would be around 60-80%.
@CyrilRamaphosa If you want this then enforce the damn laws and send everyone who doesn't have the correct documentation back.
Don't talk... Action! That's what South Africa wants
@bocasho_braaf Aw come on... A million free rand a year. Why not, I can retire tomorrow. So can everyone else.
And the shops will magically fill with products for us to buy
@CoreyWriting@wil_da_beast630 This was the basis or the original "Swart gevaar" election. One side wanted slow integration the other wanted apartheid. The apartheid side won by a technicality, and the rest is our sad history.
@p_spoelstra@Mick_O_Keeffe The other way to look at it, is the state has grown so large that the after tax income of two people is required to survive.
That's probably a chunk of the issue. But not the whole of it