With the 2022 budget speech a month away, it remains to be seen what the approach to the much-touted basic income grant would be after President Cyril Ramaphosa’s calls for the government to examine the feasibility and affordability of providing income support for the poor and unemployed.
“There is a clear need for some form of income support for unemployed and poor South Africans based on clear principles of affordability and sustainability,” he added. Ramaphosa’s remarks on Sunday came a day after Cosatu president Zingiswa Losi, in her submission to the lekgotla, called for the R350 SRD grant to be extended beyond March, be increased to the food poverty line, and be used “as the foundation for a BIG”.
“Our total spending on the social wage is also high. This amount has grown from R860bn in 2018/2019 to R1.1-trillion in 2021/2022,” he said during his maiden MTBPS.
Handing out money just entrenches the issue. Create jobs, create an environment where this is made possible without hurdles like BEE, just let us create more business and job opportunities for ALL.
Well yes, then he should use his billions from his BEEE deals to fund it - Taxpayers will leave in droves - Enough is enough.
Did you actually read the article or do you think you are an economist?
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