Recipients may find it hard to cope once Covid-19 relief is withdrawn

The economic interventions are almost revolutionary and should be applauded. But we need to think about what is going to happen afterwards. South Africa’s economy has been deeply flawed and the ANC government has made minor adjustments since it first won the popular vote in 1994. But to deal with the inequalities, which were there before 1994 and have grown exponentially since then, will require radical thinking: the economy needs to be restructured.

It is unsustainable to have a situation where, out of a population of more than 55 million, you have more than 17 million social grant recipients ; an unemployment rate of almost 30%; and less than 20 million people in employment, with most below the taxpaying threshold, according to Stats SA data. Our solution lies in creating more jobs, not more people who need government grants.

I can understand why the Cabinet is struggling with long-term solutions to our economic problems. It would have realised that we cannot continue along the economic trajectory of the past 26 years. The radical transformation of our economy can lead to prosperity for all or it can lead to the destruction of what little we have left.** The views expressed here are not necessarily those of Independent Media.

I hope you are right. Cause we definitely need more sustainable interventions

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