1/@GovernmentZA @TreasuryZA @ReserveBankSA @CyrilRamaphosa

The latest Sanlam Benchmark survey is a brutal verdict on your governance. South Africans know they must save for retirement — they say planning should start at 35.

But your policies make it nearly impossible. High taxes, capital traps, and economic mismanagement are forcing people to raid tomorrow’s money just to survive today.

Reference: dailymaverick.co.za/article/2026-0…

Thread 🧵 2/Per the 2026 Sanlam survey:
Retirement fund engagement only starts 3.4 years before people stop working.

Financial advice sought just 20 months before retirement.

Retirement lump sums now depleted in 14.6 months on average (down from 30 months previously).
47% of pensioners carry debt into retirement.

1 in 3 retirees face financial strain within 4–5 years.

This isn’t “poor financial literacy.” This is what happens when government takes too much and delivers too little.