Dawie Roodt warns that South Africa is in deep trouble

BusinessTech

Economist Dawie Roodt warns South Africa’s fiscal path is unsustainable due to excessive spending on non-productive areas. He notes 65% of government spending goes to salaries, debt, and social grants, fostering dependency over self-reliance. The 2025/26 budget projects R2.59 trillion in government expenditure, with significant portions allocated to salaries and debt-service costs.
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Daily Dive
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