South Africa waiting on Minister of Finance to provide final verdict on basic income

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JOHANNESBURG – The ANC’s (African National Committee) social transformation subcommittee has confirmed that a basic income grant is on the cards.

This as South Africans endure a surge in consumer inflation, driven by rising transport and food prices.

Subcommittee chairperson Lindiwe Sisulu says they’re waiting for the Finance Minister to give the grant the green light.

“We were the committee that made it possible to provide our people during lockdown with R350 as an interim measure for their sustainability,” Sisulu said. “We realised that it was possible to deal beyond that, and deal with the basic income grants. We had several meetings with Treasury to introduce this grants now.”

This is something on the table, the Minister of Finance will give the final verdict,” she said.

“He’s trying to work out how we make sure we have this as an ongoing method to ensure our people who won’t have means will be supported by the state.”

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