Redistribution of wealth does not drive economic growth. It is the creation of wealth that drives growth. To create wealth, we need to create jobs. High unemployment risks national stability and therefore requires significant spend in social grants. Grants are effective for the alleviation of poverty but are not effective for economic growth and job creation. The more government spends on social grants, the less money there is available for investment in economic growth; the less investment in economic growth, the more unemployment; the more unemployment the more social grant expenditure is required – this is the conundrum.

- Rob Wilkie, CFO Softline and Sage AAMEA