Wow I just have to say something here.
I live in South Africa and I can tell you that direct currency conversion doesn't tell the full story. You can't just convert our currency into yours and see it as a direct comparison.
Money earned in this country is considerably lower than actual first world countries for doing the same jobs. As for our currency's drop in worth, it's getting worse every year and we're well on our way to a Zimbabwe like situation. Having a monkey for a president who didn't even complete formal grade schooling doesn't help