Basic Income Grant would cost SA more than R374bn over 3 years, says researcher

Basic Income Grant would cost SA more than R374bn over 3 years, says researcher

Duma Gqubule was addressing a webinar on the universal Basic Income Grant hosted by The Studies in Poverty and Inequality Institute. The economist added that said there was a self-financing element to the basic income grant and more than half of the cost will return to government. A cashless Sassa ATM. Picture: Supplied.

CAPE TOWN – A universal Basic Income Grant (BIG) will not take away from the economy, but will be a positive injection, said economic analyst Duma Gqubule on Wednesday.

He was addressing a webinar about the Basic Income Grant. It was hosted by The Studies […]

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