New party BIG SA: Guaranteed basic income for adult SAns a long-term plan

JOHANNESBURG - Political party Basic Income Grant South Africa described its plan to introduce a guaranteed basic income for South Africans older than 18 years old as a long-term one.

It said this would cost government about R1.25 trillion a year, which is more than the country’s entire GDP for the last quarter of 2023.However, the party admitted that with a diminishing tax base and inflation, adding another tax on burdened taxpayers was a hard sell."We're going to surprise a number of people, but as time goes on. We are in it for the long-term. We want to be around for 50, 60, 70 years. Hopefully, the younger people can take the baton and run with it.

Kekana is listed on the party’s website as a businessman with interests in several private security firms.BIG SA said under its government South African citizens, whether employed or unemployed would receive R1,5k and R3,5k a month. TCG

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