Two big changes planned for South Africa in 2022: Ramaphosa

Two big changes planned for South Africa in 2022: Ramaphosa

President Cyril Ramaphosa delivered the annual 8 January statement at the ANC’s birthday celebrations, outlining several key regulatory changes which the ruling party plans to push through in 2022.

Of most relevance for the economic outlook was the ANC’s view of a ‘clear need for some form of income support for unemployed and poor South Africans’, the Bureau for Economic Research (BER) said in a research note on Monday (10 January).

“This supports our baseline view that the R350 per month social relief of distress (SRD) grant will be extended beyond March 2022 when it is set to end,” the group […]

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