New Finance Minister Enoch Godongwana has said the state needs to invest in improving the skills of SA’s unemployed youth, and should be wary of creating "dependence through grants," according to a report in the Sunday Times.
Debate over the introduction of basic income grants has grown due to the economic shock of the Covid-19 pandemic, which worsened SA’s already dire unemployment rate.
Professor Philippe Burger of the University of the Free State has estimated that the introduction of universal basic income for all SA adults could cost around R240 billion per year. SA’s new Finance […]
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