Consensus that the government should temporarily top up welfare grants as a response to the Covid-19 economic crisis is growing as both business and labour endorse the idea and finance minister Tito Mboweni heads to cabinet with a proposal on Wednesday.
In a briefing to journalists on Tuesday, Mboweni said that the Treasury would present a package of fiscal measures to the cabinet for consideration.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
The extra money would be going to people who need it most. I hope this is implemented. That extra loaf of bread, 5kg of pap, 2ltr milk and abit more will be of great help 🤞🏾👍🏾
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Business wants basic grant for the poorTopping up social grants by R500 would cost the state R9bn a month
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