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Weak Rand — Why your money buys less | 4FactSake

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Weak Rand

Why your money buys less

R5.4Tfinancial exposure

165 documented incidents

Nuclear Deal: Zuma's R1 Trillion Rosatom Procurement Attempt

R1 trillion (estimated programme cost — stopped by court)

RAF: R500B+ Accounting Fraud, Law Firm Looting & State Capture

R500 billion+

Gupta State Capture: The Systematic Capture of South Africa

R500.0 billion

The Eskom Energy Crisis: From Load Shedding to Load Collapse

R500.0 billion

Eskom Debt Relief: R254 Billion Taxpayer Bailout of Corruption-Accumulated Debt

R254 billion

Systematic Municipal Financial Collapse: R250 Billion+ in Irregular Expenditure

R250.0 billion+

Kusile Power Station: R233 Billion — The Most Expensive Coal Plant in History

R233 billion

Steinhoff International: R200 Billion Corporate Fraud

R200 billion

Nenegate: Zuma Fires Finance Minister, Crashes the Rand

R169.6 billion

Medupi Power Station: R135-234 Billion Mega-Project Plagued by Corruption and Failure

R135-234 billion

Medico-Legal Claims Crisis: R130 Billion Draining Provincial Health Budgets

R130 billion

Transnet Port Collapse: Durban Ranked 351/405 Globally, R100B Annual Economic Cost

R100 billion (annual economic cost)

SARS Capture: Bain & Company Dismantles South Africa's Tax Authority

R100 billion+ (estimated revenue loss)

Malusi Gigaba: State Capture Gatekeeper Across Three Ministries

R100+ billion (aggregate SOE capture under Gigaba-appointed boards)

Chancellor House/Hitachi Boiler Scandal: ANC Profits from $5.6 Billion Eskom Contracts

R96 billion (combined Medupi/Kusile boiler contracts; ~$5.6B)

Taxi Industry: R90B/Year Economy, 300+ Killings/Year, State-Enabled Lawlessness

R90 billion/year

Construction Mafia: R68B+ Economic Damage, 30% Extortion, Projects Abandoned

R68 billion+

UIF-TERS Fraud: R57.4 Billion Disbursed, Rampant Fraud

R57.4 billion

Transnet 1064 Locomotive Procurement: The R54 Billion Heist

R54.0 billion

July 2021 Insurrection: 354 Deaths, R50 Billion Damage in Orchestrated Unrest

R50+ billion

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