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basic income grant

WRAP: Packed stadium, but little new as Ramaphosa delivers ANC election manifesto
Politics
/ 24 February 2024

WRAP: Packed stadium, but little new as Ramaphosa delivers ANC election manifesto

The party wants to tie ministerial performance contracts to implementing key manifesto items

By Paddy Harper
2.5 million job ‘opportunities’ in next five years, says Ramaphosa at ANC manifesto launch
Politics
/ 24 February 2024

2.5 million job ‘opportunities’ in next five years, says Ramaphosa at ANC manifesto launch

The governing party also said it would progressively work towards implementing a basic income support grant

By Lizeka Tandwa
Basic income grant: Peering beyond the endless impossibilities
Business
/ 19 December 2023

Basic income grant: Peering beyond the endless impossibilities

South Africa’s economy has stagnated and policymakers ought to be looking for solutions that move us forward

By Sarah Smit
The Fiscal Cliff | Is South Africa nearing a debt crisis?
Opinion
/ 29 October 2023

The Fiscal Cliff | Is South Africa nearing a debt crisis?

The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994

By Duma Gqubule
Ramaphosanomics cuts SA adrift
Opinion
/ 4 July 2023

Ramaphosanomics cuts SA adrift

World leaders are closely associated with the economic policies they espouse, a fact that does not bode well for South Africa’s president

By Sarah Smit
How do we write about the crisis-hit economy?
Analysis
/ 27 June 2023

How do we write about the crisis-hit economy?

Reporters have an all too familiar relationship with crisis. But our desire to get by must not stop us from seeking out change

By Sarah Smit
Godongwana: Basic income grant decisions won’t be made because of political pressure
Business
/ 22 February 2023

Godongwana: Basic income grant decisions won’t be made because of political pressure

The social development department has been allocated R35.7 billion to fund the extended social relief of distress grant

By Sarah Smit
A BIG leap is Ramaphosa’s best step to economic growth
Opinion
/ 14 February 2023

A BIG leap is Ramaphosa’s best step to economic growth

The government has shown that it is willing to explore introducing a basic income grant, which would mark a big step towards achieving growth

By Sarah Smit
Controversial government spending cuts ‘paid off’
Business
/ 28 October 2022

Controversial government spending cuts ‘paid off’

Fiscal consolidation is drawing to a close as the public purse was boosted by commodities, but the treasury will probably continue exercising restraint

By Sarah Smit
Social relief of distress grant extended for another year
Business
/ 26 October 2022

Social relief of distress grant extended for another year

The finance ministry confirmed that it is still mulling whether and how to replace the interim measure with a basic income grant

By Emsie Ferreira
The BIG fix: Effective basic income grant will soothe ailing economy
Opinion
/ 9 September 2022

The BIG fix: Effective basic income grant will soothe ailing economy

The government needs to cough up for an effective basic income grant if it wants to achieve a 6% GDP growth rate

By Duma Gqubule
Thomas Piketty: Direct wealth distribution needed to fix SA’s extreme inequality
Business
/ 6 September 2022

Thomas Piketty: Direct wealth distribution needed to fix SA’s extreme inequality

The renowned French economist noted that the country has made little progress towards closing the inequality gap, despite efforts to redistribute income

By Sarah Smit
‘South Africa on a path to unjust transition’
Business
/ 11 August 2022

‘South Africa on a path to unjust transition’

The country needs a greener economy but energy specialists say policymakers must ensure the creation of a fairer economy in the process

By Sarah Smit
SA’s rising unemployment needs a fresh solution
Opinion
/ 2 June 2022

SA’s rising unemployment needs a fresh solution

The government’s failed attempts to address unemployment have left many without work, but there are ways to effectively overcome this

By Duma Gqubule
Will business come to the table for Cyril to meet his 100-day promise?
Business
/ 13 May 2022

Will business come to the table for Cyril to meet his 100-day promise?

Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually have to be made for there to be any hope of real change

By Emsie Ferreira and Sarah Smit
More money for grants, but Godongwana was spared the BIG decision
Business
/ 23 February 2022

More money for grants, but Godongwana was spared the BIG decision

A long-term basic income relief measure will depend on spending cuts and improved revenue performance, the finance minister said in his guarded words on the subject

By Emsie Ferreira
Long wishlist for Godongwana ahead of Wednesday budget speech
Business
/ 22 February 2022

Long wishlist for Godongwana ahead of Wednesday budget speech

Political parties and trade unions are asking the finance minister to address the growing national debt crisis and to extend the R350 grant

By Anathi Madubela
Death or taxes: Why the basic income grant is a tough sell
Business
/ 16 February 2022

Death or taxes: Why the basic income grant is a tough sell

A basic income grant requires higher taxes. But the government will struggle to convince taxpayers to give it more when they see little in return

By Sarah Smit
The BIG debate: Would new social grants compromise economic growth?
Business
/ 8 February 2022

The BIG debate: Would new social grants compromise economic growth?

Economists against basic income support have warned that introducing it could hurt the GDP. Others point out that growth means little to the poor

By Sarah Smit
Sona 2022: Tell us what’s happened, Mr President
National
/ 7 February 2022

Sona 2022: Tell us what’s happened, Mr President

The president needs to report back to South Africa on what his government has – and hasn’t – achieved since 2018

By Rebone Tau
A BIG deal: Universal income support could resuscitate South Africa’s economy — report
Business
/ 28 January 2022

A BIG deal: Universal income support could resuscitate South Africa’s economy — report

A basic income grant could add 0.5% to GDP growth by 2025, according to a report commissioned by the National Economic Development and Labour Council.

By Sarah Smit
China and Omicron are the wild cards for the global economy and financial markets
Business
/ 9 January 2022

China and Omicron are the wild cards for the global economy and financial markets

Lockdown restrictions will continue to disrupt global value chains and support rising inflation that will require aggressive rate hikes

By Isaah Mhlanga
Report: Urgent need for social grant framework on the state’s obligations, but can it afford to?
National
/ 14 December 2021

Report: Urgent need for social grant framework on the state’s obligations, but can it afford to?

The panel found that, for the time being, further support should be confined to extending the social distress relief that was rolled out for the Covid-19 pandemic

By Emsie Ferreira
PODCAST: South Africa and South Africa with Covid-19, part 2
Podcasts
/ 17 November 2021

PODCAST: South Africa and South Africa with Covid-19, part 2

Join in the second part of our discussion with economist Sifiso Skenjana.

By M&G Listen
Democratic Alliance welcomes Godongwana’s ‘tough love’ for state-owned enterprises
Business
/ 11 November 2021

Democratic Alliance welcomes Godongwana’s ‘tough love’ for state-owned enterprises

The opposition party referred to the government’s economic policy as ‘hopelessly inadequate’ and an obstacle in the path towards stable public finances

By Sarah Smit
SA one of the biggest spenders on social assistance globally — World Bank
Business
/ 7 October 2021

SA one of the biggest spenders on social assistance globally — World Bank

Social grants are by far the largest facet of South Africa’s social protection system in terms of the number of people covered, according to the World Bank

By Anathi Madubela
Social welfare: Investment not debt, taxation and consumption
Opinion
/ 5 October 2021

Social welfare: Investment not debt, taxation and consumption

A rebuttal to Colin Coleman’s remarks at the National Investment Dialogue suggests South Africa certainly has a debt problem

By Isaah Mhlanga
Editorial: We have all shielded powerful abusers
Opinion
/ 30 September 2021

Editorial: We have all shielded powerful abusers

How many R Kellys are we harbouring? It’s a difficult question for all.

By Editorial
R350 social relief grant not enough to live on
National
/ 26 September 2021

R350 social relief grant not enough to live on

Nearly half of the population in South Africa — one of the most unequal countries in the world — is considered chronically poor.

By Chris Gilili
Editorial: Black women’s burden
Editorial
/ 26 August 2021

Editorial: Black women’s burden

Viewing black women as strong and resilient does them a disservice

By Editorial
Basic income grant not on treasury’s watchlist — yet
Business
/ 25 August 2021

Basic income grant not on treasury’s watchlist — yet

Treasury officials will model the effect of the grant on the fiscus if the need arises

By Sarah Smit
Godongwana ‘will be just fine’
Business
/ 14 August 2021

Godongwana ‘will be just fine’

The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending

By Sarah Smit
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