Growing the South African Economy

African governments should allow deregulation and decentralisation of their water and electricity grids. This will create huge private investment and will grow our water and electricity resources very quickly and at no cost to the government. In fact, due to this private infrastructure investment, governments will more easily be able to carry out their social agendas.

Note that until 1923, there were a number of private electricity grids and suppliers in South Africa. These become a single monopoly in 1923 when the Electricity Supply Commission (Eskom) was formed. So we have the capability and the technology.

We also don't need outside help in the form of handouts and donations. We need technical resources and we need social help, to get our leaders to understand that by relinquishing some control, their economies will grow very quickly and for example in South Africa, a 7% increase in VAT from 14% to 15% might yield R36 billion at a huge cost to the economy, but if the economy was allowed to grow, government would get R133 billion additional revenue from a 10% growth.