Sovereign debt of South Africa stands at R 3.85 trillion (R 3 850 000 000 000) or USD 230 billion (USD 230 000 000 000), most of it due to the flagrant graft of state capture and ongoing looting.

Interest on this debt is approximately R 230 billion (R 230 000 000 000) per year, all payable by South African taxpayers.

Savers and hard workers are punished while criminals, ANC hacks and lazy indolent sloths are rewarded.

Cost of state capture: Pundits conservatively estimate the figure at R 3 trillion (R 3 000 000 000 000).

Eskom: Total liabilities: R 605 billion (R 605 000 000 000). Misappropriations at Eskom amount to R 170 billion (R 170 000 000 000). “Overspent” at Kusile and Medupi power stations is north of R 200 billion (R 200 000 000 000).

Municipalities owe Eskom R 43 billion (R 43 000 000 000), but whatever revenue arrives at municipalities from central government or property taxes (based on artificially inflated and fraudulent valuations) duly disappears. 

SAA bailouts: R78 billion (R 78 000 000 000) in total. Pravin and his fellow ANC communists will not let go, for they are hell-bent on maintaining subsidized flying for ANC cadres, cronies and assorted floozies. Gravy train passengers are used to their comforts.

Irregular spend by ANC government departments: R 50 billion (R 50 000 000 000) in 2018, R 61 billion (R 61 000 000 000) in 2019.

Worst offender among ANC government departments is the ANC Department of Health. It has never seen a clean audit. Billions earmarked for healthcare have been siphoned off to fund the gravy train. Thousands have died before their time as a result of corruption. Average life expectancy in South Africa is now worse than in many other African countries.

ANC Arms Deal of 1999: USD 4.8 billion, R 30 billion (R 30 000 000 000), using 1999 exchange rate. This is where it all started. The ease of pulling off a multi billion Rand heist took the cadres by surprise and delight. It has remained a template/ framework for many more heists.

KZN is the worst among the provinces, leading the looting spree with R 11.4 billion (R 11 400 000 0000) in 2019 alone.

Irregular spend at SA municipalities: R 21 billion in 2019 and R 33.5 billion (R 33 500 000 000) in 2020. Tito, at the behest of Nkosazana Dlamini Zuma, rewarded the corrupt lot of local politicians with a fat increase when delivering the 2020 Adjusted Budget.

Irregular spend in the City of Cape Town in 2020 financial year: R 950 million (R 950 000 000). Pity that the Auditor-General is not  required to comment on the  fraudulent, thumb sucked and artificially inflated property valuations pervasive in so many municipalities and city councils.

VBS Mutual losses: R 1.6 billion (R 1 600 000 000). ANC members allegedly involved are back in the loop. EFF/ Malema/ Shivambu said that they had nothing to do with it and did not receive any of the funds stolen from pensioners, widows and orphans.

Job losses in the 5 months since early March 2020: 1.5 to 3 million (3 000 000), depending on who you believe. The true figure is probably much higher.

“Under-recovery” of tax revenue up to 15 July 2020: R 82 billion (R 82 000 000 000).

In 2020, the ANC government spends approximately R 50 billion (R 50 000 000 000) more every month than it collects in taxes, that is R 600 billion (R 600 000 000 000) per year.

Ramaphosa announced a R 500 billion ( R 500 000 000 000) “Covid 19 bailout package” on 21 April 2020, to be funded by UIF and “internal resources”. Internal resources? All internal resources have been raided. There is nothing left. UIF is heavily invested in SA government bonds which are underwater. So the ANC buffoons borrowed billions. Nobody is surprised. UIF cannot cope and the “bailout package” has been looted.

All reasonable South Africans are acutely aware of the urgent need to

-put ANC and useless career politicians out of work,

-reduce the size of government,

-drastically restrict the pool of funds available for looting,

-create millions of quality jobs,

-practice sound economic policies and

-install clean and efficient government.

Only the voters can cure South Africa of the scourge of ANC and career politicians. Nothing good is possible while they are in government.

Get the state out of the economy.

Reduce personal income tax to a maximum of 25%. Cut company tax to 15%. Make all medical, security, home maintenance, social care, paid local authority utility bills and education expenses fully personal income tax deductible. Increase the primary rebate to R 400 000, meaning those who earn less than R 400 000 per year do not pay personal income tax. Privatize each and every power station. Create competition in energy provision. Sell state owned enterprises, unused state land and  state assets to reduce sovereign debt.

The result: More jobs, less tax revenue in the hands of the state, less to loot, more hard earned cash is left in the pockets of taxpayers, lower energy tariffs, more prosperity for all.

ANC has made a mess of healthcare, education and everything in between.

Privatize healthcare. Set up a medical aid for each and every adult South African, provided he/she is a registered tax payer. Instantly, the tax base is broadened. Much more is spend on actual healthcare provision. Multiple layers of ANC Department of Health bureaucrats will be redundant.

Every South African should have access to decent healthcare.

True liberation is not possible without good individual health.

Privatize education as far as practically possible.

Encourage home ownership by reducing property rates. Attach fair valuations, lower transfer fees and allow full personal income tax deduction of home maintenance expenses and all costs of employing domestic workers. These policies will create hundreds of thousands of unskilled, low skilled, semi-skilled and skilled jobs, much better jobs than the ANC government could ever create (sorry, I forgot for a moment, the ANC does not create jobs, it destroys them).

Scrap all restrictive and race based labour laws. Companies and small businesses will hire again and the destructive unions will be rendered irrelevant.

Individual South Africans are resilient, creative and entrepreneurial.

Set them free of suffocating communism/ socialism and punitive taxes (almost exclusively in place to fund rampant corruption).

Entrepreneurs, risk takers, movers and shakers and hard workers, not the bumbling ANC state, will salvage all South Africans from a Venezuela and Zimbabwe style wasteland.