Basic Income Grant
ARTICLE: The BIG fix for the ailing economy
The government needs to cough up for an effective basic income grant if it wants to achieve a 6% GDP growth rate
Duma Gqubule
19 Sep 2022
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The government needs to cough up for an effective basic income grant if it wants to achieve a 6% GDP growth rate
Argentina’s Vice-President Christina Fernandez de Kirchner is sponsoring a new Basic Universal Wage bill through Congress. The monthly ‘universal wage’ of $50 would be paid to all unemployed residents of Argentina between 18 and 65.
Within the African context, there are calls for more inclusive tax systems that take into account the different levels of financial responsibility held by income earners.
When the BIG is introduced in 2023, let’s hope the government will not complicate what should be a simple programme
Money from a basic income grant will never be enough for everyone to lead a decent lifestyle. People who depend only on grant money will always be poor, but they will have enough to survive. A basic income grant would provide a dignity floor for all people in SA.
In his most recent Family Meeting on 25 July, President Ramaphosa addressed SA on the various steps taken to solve the energy crisis and renew faith in the leadership of the country. Earlier on the same day, his weekly missive, From The Desk of the President tried to answer why we have not been able to conclude a national social compact.
In 2009, the UN National Assembly declared July 18 as Nelson Mandela International Day, President Mandela’s birthday. Across the world on this day, people undertake to do something to change society to honour the years of personal sacrifice of Madiba.
President Cyril Ramaphosa epitomises the empowered elite, a person who is at ease among the historically privileged. Yet Ramaphosa is also a leader who has promoted pro-poor administrative acts such as the R350 grant
With unemployment at 46.6%, it’s no surprise millions rely on welfare & our debate takes place surrounding SA’s Social Grant System.
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