Jujunomics

Cost of nationalisation Mining Sasol ArcelorMittal SA Telkom Transnet Total R1 798bn Cost of expropriation R450bn (90 million hectares at R5 000/hectare) R1 400bn R350bn R19bn R16bn R13bn

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At this point, SA is bankrupt because GDP in real rands is about R2 trillion, although in current rands the figure is about R3.4 trillion Cost of social policies Housing – a decent house for 14 million households at R500 000 per house (R7 000 billion) Cost of labour policies Domestic workers 157% increase on minimum Farm workers 120% increase on minimum Cleaners, pump jockeys, security guards, retail staff – all likely to lose jobs Cost of economic policies Customs and excise tax increase – R80bn At this point, SA is in revolution
Research: Estimates and analysis by SA Institute of Race Relations Graphics24

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