South Africa Can't Afford Basic Income Grant - CDE
The Centre for Development and Enterprise says the country cannot afford a basic income grant.
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The Centre for Development and Enterprise says the country cannot afford a basic income grant.
Describing the scheme as unaffordable, the Centre for Development and Enterprise (CDE) told reporters at the launch of a report on poverty and the basic income grant that if implemented it would further compound the low economic growth.
Centre for Development and Enterprise (CDE) executive director Ann Bernstein explained on Tuesday that South Africa cannot afford a Basic Income Grant (BIG), as it would be a “reckless, losing gamble with history”. She was speaking during the release of the CDE’s ‘Poverty and a Basic Income Grant: Six questions about a BIG’ report, which highlighted that, in contrast to what proponents of a BIG claim, it would actually slow economic growth.
As the debate rages over whether SA should introduce a basic income grant, a business-funded think tank says it is unaffordable.
This past week we have heard much about government deployees in KwaZulu-Natal and their contemptible behaviour. At the very top, Premier Sihle Zikalala apparently redeployed a water truck to his home, then three eThekwini council staff attempted to commandeer food meant for rescue workers, and...