Can SA really afford a basic income grant? The short answer is no

Can SA really afford a basic income grant? The short answer is no

Head of the Centre for Development and Enterprise Ann Bernstein Head of the Centre for Development and Enterprise Ann Bernstein While superficially appealing, it would significantly undermine the quest for faster growth and more jobs

SA is in the throes of a serious debate about implementing a basic income grant BIG. The key issues include whether a BIG is affordable, whether it would deepen the crisis of sustainability of the country’s public finances, and whether it would lower the rate of economic growth and job creation. About 60% to 70% of South Africans are poor. The single greatest driver […]

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