6 wasted expenditures in South Africa should have Bail Education

Students who are demanding #FeesMustFall and who are fighting for free education are repeatedly being told that “there is no budget”. There would be – and can be – if only money wasn’t so freely wasted. The movement has evolved to include #ANCMustFall and when looking at some of the biggest wasted expenditures over the last few years, it’s clear to see why citizens are demanding the country’s leaders are being held accountable.

Nkandla


Wasted: R246 million
Could fund: 2000 Three year degrees

SA Post Office


Wasted: Run at a loss of R1.37 billion from 2014-2015
Could fund: 11 117 Degrees

Three VIP private jets


Wasted: R2 billion
Could fund: 16 227 degrees

South African Airways bailout


Wasted: R6.5 billion (bailout)
Could fund:  52 740 degrees

E-Tolls

Wasted: R10 billion
Could fund: 81 301 degrees

Proposed nuclear deal


Wasted: R1.2 trillion
Could fund: 64.7 million degrees

 http://www.thesouthafrican.com/six-wasted-expenditures-in-south-africa-which-could-have-been-used-for-free-education/












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