Can SA really afford a basic income grant?

Can SA really afford a basic income grant?

Ann Bernstein writes while superficially appealing, grant would significantly undermine the quest for faster growth and more jobs

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

22 June 2022 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 of […]

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