The major domestic this week will be president Cyril Ramaphosa’s State of the Nation Address on Thursday (10 February), during which he is expected to provide an update on a Basic Income Grant (BIG) for South Africa.
With South Africa’s R350 social relief of distress grant set to expire in March, calls for the introduction of a permanent basic income grant (BIG) have intensified, says Virag Forizs, emerging markets economist at Capital Economics.
“However, senior policymakers don’t seem to be seeing eye to eye on the ‘BIG question’,” she said. “Some government officials – including the president – have appeared to […]
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