New finance minister Enoch Godongwana has drawn an early line in the sand over the question of a basic income grant (BIG), saying he would rather the funds be used to give work to unemployed black youngsters, instead of a handout.
In an interview yesterday, as he prepares to take up the hot seat vacated by Tito Mboweni, Godongwana was careful to tread a diplomatic path on the BIG, which many in the ANC see as a necessary measure amid low
growth and a Covid-ravaged economy...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New finance minister Godongwana has big boots to fillAs with many other ANC members in high office, Godongwana has a shadow of corruption following him, which is not ideal.
Read more »
Fix hunger and you fix health, activists tell new ministersHunger is your target, activists told the new team in charge of the health department on Saturday.
Read more »
Fix hunger and you fix health, activists tell new ministersHunger is your target, activists told the new team in charge of the health department on Saturday.
Read more »
SA records over 12 300 new Covid-19 cases, 271 deaths on Saturday12 371 new Covid-19 cases reported in South Africa on Saturday, and 271 deaths.
Read more »