The investment community has shot down as unfeasible the proposed multibillion-rand basic income grant scheme as the government mulls introducing it to curb poverty. Photo: AP Photo/Denis Farrell THE INVESTMENT community has shot down as unfeasible the proposed multibillion-rand basic income grant scheme as the government mulls introducing it to curb poverty.
President Cyril Ramaphosa on Sunday gave the biggest hint that the government was investigating the feasibility of introducing a basic income grant in South Africa.
Investors have said they would await more clarity on the full cost to the fiscus that this new grant would entail as more than […]
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