South Africa is not going to have common primary earnings grant this yr, minister says

An emergency unemployment grant of 350 rand ($20.57), in addition to top-ups to present baby and outdated age grants, have been launched earlier this yr as South Africa entered a pandemic lockdown.

They’re as a result of expire in October, however Zulu stated it was unrealistic to anticipate a common primary earnings grant by then.

No nation pays out an unconditional common primary earnings, in response to the World Financial institution, however the financial disaster attributable to the coronavirus has put the concept again on the desk, even in fiscally conservative international locations.

The United Nations says a brief primary earnings for the world’s poorest 2.7 billion folks may assist sluggish the unfold of the virus.

Zulu’s plan has been welcomed by unions and civil society, however the presidency and the treasury have but to provide express backing.

Man Standing, professor of growth research at London’s College of Oriental and African Research (SOAS) and former adviser to the labour ministry, stated Zulu was making “good noises” however wanted cupboard help, particularly from the finance ministry:

“Now’s the chance for (finance minister Tito) Mboweni to return to the person he was within the 1990s … who has these transformative concepts in his thoughts. He may help Minister Zulu.”