ANC to consider introducing R500 basic income grant – report

ANC to consider introducing R500 basic income grant – report

The African National Congress (ANC) is set to consider introducing a R500 monthly income grant for unemployed South Africans who don’t receive any other form of grants from the government, according to a Bloomberg report published on Friday.

The report cited an ANC discussion paper that puts forward the proposal, which was previously discussed by the party but abandoned.

According to the discussion paper, the grant would help prevent “social unrest” as the economic impact of COVID-19 becomes more severe in the coming months. Grant ‘to cost R197.8b per annum’ “COVID-19 has weakened and undermined the resilience and survival strategies of […]

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