"Don't pay too much taxes," says economist Dawie Roodt
Updated | By East Coast Breakfast
South Africans have been left stunned by reports that more than R70-billion in investment has left the country. Dawie Roodt, Chief Economist at the Efficient Group, gave some insight into the situation.
Listen to the audio and read the story below:
With this scary news, Darren, Keri, and Sky were eager to find out how South Africa got into this situation and what we can do to help the country move forward from this.
Roodt answered the hard-hitting questions and gave insightful answers. Foreign investors have decided to take their money elsewhere. In addition, the value of bonds has also decreased significantly.
How do we help keep the economy strong? Hear what Roodt advised South Africans to do with their money in the podcast.
READ: Durban chamber: Fast track plans to integrate homeless into economy
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