CDE says SA can’t afford basic income grant

The Centre for Development and Enterprise says the country cannot afford a basic income grant.

The CDE has released a new report which estimates that over 60-percent of South Africans live below the poverty line.

The centre’s Ann Bernstein says giving basic income grant to millions of people isn’t going to help the country.

Instead, it will lead to higher debt and even less employment.

“South Africa’s spending is already unaffordable. We have rising debt, it’s just inconsiderable where will find the money for this,” she said.

“If you raise taxes for it this will have an impact on economic growth and job creation.”

Source: eNCA

In other news – Huge blow for Muvhango viewers as MacDonald Ndou (KK) & Sydney Ramakuwela (Mulalo) FIRED

Well-known drama series Muvhango’s favourite villains, KK and Mulalo, have allegedly been booted off the show.

Both KK, played by MacDonald Ndou, and Mulalo, played by Sydney Ramakuwela, last appeared in January. According to sources, they were in shock that they were let go, and so were their fellow actors. Learn More