Ramaphosa holds meetings around new basic income grant for South Africa – and extending R350 Covid grant

The meeting was held at the request of several civil society groups, including the Institute for Economic Justice and the Black Sash Studies in Poverty and Inequality Institute , the presidency said in a statement on Friday .

“The meeting agreed to have further engagement on the proposals as part of broader consultation among all stakeholders on social protection measures that are appropriate to the country’s circumstances and the needs of the South African people.”While the presidency was largely non-committal on whether the R350 grant would be extended following the meetings, the government has made it clear that it has long-term aspirations to introduce a basic income grant in South Africa.

“This should provide the much-needed income support to cushion against the economic hardship occasioned by the advent of Covid-19 pandemic for the 18- 59 years.”made by an expert panel in December 2021, which proposed that the country gradually implement a basic income grant beginning with the institutionalisation of a monthly welfare payment.

In a presentation in mid-December, the expert panel said that an entry-level version of Basic Income Support could be safely implemented using a mix of financing approaches, including:Carefully calibrated tax increases where required.

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