Is the basic income grant a vote-grabber, and is it affordable?

19 Jun 2022

Riana De Lange

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

Loading, please wait...

0:00

The payment of the R350 Covid-19 grant was extended to March next year and will cost the country about R45 billion a year. Van den Heever’s report suggests that the grant should be increased over time. Photo: File

BUSINESS

This is what Ann Bernstein, executive director of the Centre for Development and Enterprise (CDE), says about the possible establishment of a BIG that could cost the country at least R200 billion to R300 billion a year, depending on the monthly amount and how many beneficiaries receive it.

Read this for free

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

Already a subscriber? Sign in

Next on City Press

Podcast | Discover the surprising link between tears, fears and investments!

35m ago

description

username

Show Comments ()