Lowering the tax on savings in SA should obviously be supported.
"Louis Luyt" was a South African business tycoon and politician, and one-time rugby administrator.
Having been a rugby player as a young man, Luyt went on to become a businessman. He founded Triomf Fertiliser and Luyt Breweries, and took control of Ellis Park stadium in Johannesburg. Distrusted by the Afrikaner elite, Luyt achieved financial success without being a member of the secretive Afrikaner Broederbond/Broederbond.
More Louis Luyt on Wikipedia.We should make SA a more attractive investment destination and lowering the company tax burden significantly is long overdue.
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