Renowned economist Dawie Roodt says that the National Health Insurance (NHI) scheme will be a disaster for taxpayers and the national fiscus—something that the National Treasury is all too aware of.
Speaking to Sakeliga executive director Russell Lamberti about the state of South Africa’s economy, Roodt said that taxpayers are spent and the country has moved well past the top of the Laffer Curve.
The Laffer Curve represents the “optimal tax” point where the state can collect maximum revenue.
Higher taxes beyond this point may…
Awards and Recognition: The MTN Radio Awards and Standard Bank Sikuvile
Journalism Awards celebrate excellence in journalism across various categories.

VPR
Shebeen – an unlicensed bar [sha-been] These are unlicensed bars usually found in low-income suburbs located outside of the major towns and cities, more commonly known as ‘the townships’.
Goatee Shield
Babbelas – hangover [bub-ba-las] This word is derived from the Zulu ‘ibhabhalazi’ and is used to describe a really bad hangover.Example: “Eish, babbelas my bru!”