South Africa’s new finance minister speaks about basic income grants

South Africa’s new finance minister speaks about basic income grants

Newly appointed Finance Minister Enoch Godonwana clarifies his position on the Basic Income Grant (BIG) and funds it to support the employment of young black people rather than providing separate handouts. Said I wanted to use.

Talk to The Sunday Times Godonwana said a more thoughtful approach is needed to tackle the country’s high youth unemployment rate.

“People are missing out on the point. Using a narrow definition, about 4.2 million of these unemployed people are young people between the ages of 15 and 35. My claim is that we invest in them. That means we have to do. Even the […]

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