Everyone agrees that a basic income grant will help poor people, but more grants can even cause prices to increase, which will not help them.
Photo for illustration purposes only. Photo: Pexels
BUSINESS NEWS – President Cyril Ramaphosa hinted at instituting a basic income grant (BIG), ter calls in the latest ANC January 8th statement and the social relief of distress grant of R350 make “a strong case for a permanent form of targeted income support grant for the unemployed within our fiscal constraints”. At the ANC’s national executive committee meeting at the end of January he said […]
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