With our turbulent history, South Africans are accustomed to periodically gaze into the abyss. And then, contrary to therational expectations of the rest of the world, the abyss doesn’t gaze implacably back. Instead, it blinks. We yawn, rub our eyes and life goes on pretty much as before. Following the upheaval, there were renewed and strident demands for a universal basic income grant.
Following the upheaval, there were renewed and strident demands for a universal basic income grant. President Cyril Ramaphosa, after agreeably musing whether this was, indeed, not the moment to add a R200 billion straw to the camel’s back, decided instead on a social distress grant that will cost a mere R27 billion.
Rand Merchant Bank’s chief economist Etienne le Roux points to SA’s “inherent resilience” and that the upside of the destruction is that it will have an economic “kicker” effect. But those atrocities stemmed from the actions of a minority, white government. We and the world appear to be largely inured to the depredations of a majority, black, government.
Cannot read the article, but let’s guess: you are against income grants and feel like victims for being rich.
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