A lot was expected from the South African finance minister’s 2016 medium term budget which came amid an unfolding economic crisis including the higher education funding gap.
- Professor of Economics, University of Pretoria
State-owned companies are not generally needed to provide goods. Rather, they are needed to provide the foundation for a well-functioning economy and a healthy, well-informed populace.
South Africa will need about R60 billion a year to rollout free university education. A tax on graduates seems to be a practical solution.
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