South Africa is not a poor country but has poor economic policies, the Democratic Alliance (DA) has said.
The party said that it was possible to change the direction of the country’s economic trajectory if the government makes the right choices.
DA MP Dion George presented the party’s alternative budget on Monday in the run-up to Wednesday’s budget speech by Finance Minister Enoch Godongwana.
George put forward a number of proposals for Godongwana to consider in his budget.
These are centred around social spending and reforming the economy.
The proposals include a basic income grant of R585 and other tax relief measures.
George said that the country could make these proposals work.
“We are doing poorly economically because we have poor economic policy, but we are not a poor country, so we do believe that it’s possible, if you implement reform in the economy, that our economy will grow, which means that more people will go into employment. You will then have less people that will need that grant.”
On energy, he proposed that the energy sector be opened to allow more independent power producers.
The DA also proposed tax incentives for individuals to save and higher limits for tax-free savings.
-EWN
In other news – Actor Kay Sibiya allegedly got woman pregnant after drugging and r@ping her
Popular South African actor Kay Sibiya‘s is under fire following the damning rape allegations leveled against him. This comes after former radio personality Zukiswa ‘Zookey Zarling’ Vutela’s confession on Facebook.
In a lengthy Facebook post, Zookey Zarling left no stones unturned while blasting Kay Sibiya for an alleged rape that occurred leading to Zookey Zarling having a baby. In her rant, Zokeey Zarling mentions that Kay Sibiya was allegedly sent to kill her but instead he allegedly drugged and r@ped her. Learn More
