Finance Ministry details R38bn support package

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The Finance Ministry details a support package for South Africans and businesses totalling R38-billion

Investec Group economist Annabel Bishop spoke with eNCA's Clement Manyathela. Courtesy of

JOHANNESBURG - Finance Minister Tito Mboweni gave a detailed breakdown of the R350 grant and how this will be extended till the end of the financial year next year.WATCH:"Social relief of distress grant of R350, this now going to be extended up the end of the financial year that means March 2022, and really this is meant to react to respond to the dire situation in which most of our people find themselves," Mboweni said.

"If you drive around the country or walk around you are bound to see the extreme poverty in which our people live, therefore this R350 -- no matter how small it is -- it goes a long way into assisting our people.”

 

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So the money is there, they just can't assist poor people with it. The EFF is the only party that cares for the natives of this country, like it or not we are on our own. Let's restore our dignity by voting for the EFF. Happy birthday EFF

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