MPHO MOLOPYANE: Not adding up: the basic income grant dilemma

MPHO MOLOPYANE: Not adding up: the basic income grant dilemma

Sars commissioner Edward Kieswetter and finance minister Enoch Godongwana share a word during a press conference ahead of the medium term budget speech at parliament, Cape Town, in this November 11 2021 file photo. Picture: SUNDAY TIMES/ESA ALEXANDER With 50% of SA’s population unemployed, government has come under increasing pressure to extend its social security programme and implement a basic income grant (BIG). But how much is a BIG likely to cost, what are the funding options and what impact will it have on an increasingly stretched fiscus?

For this analysis let’s assume the Covid-19 Social Relief of Distress (SRD) […]

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