The South African government has been battling with power shortages for the last few months, the shortages have constrained growth, and as a result the National Treasury is confronting a 52.5 billion rand ($3.53 billion) revenue shortfall for the year through March.
This is not good news considering the economy is already struggling.
South African Finance Minister Tito Mboweni Tweeting from his farm in Magoebaskloof in the northeastern Limpopo province on Sunday has suggested the country should legalise the marijuana industry to help with the country’s economic shortfalls.
The minister believes legalising marijuana could add more than 4 billion rand to the economy.
South Africa’s Constitutional Court legalized the private use and cultivation of marijuana in 2018, it remains illegal to buy and sell it.
