basic income grantlatest news & developments
President Cyril Ramaphosa gestures to supporters during his address at the African National Congress election manifesto launch at the Moses Mabhida Stadium in Durban on February 24, 2024. (Photo by RAJESH JANTILAL/AFP via Getty Images)

WRAP: Packed stadium, but little new as Ramaphosa delivers ANC election manifesto

The party wants to tie ministerial performance contracts to implementing key manifesto items

  • Des Erasmus
6 min read
ANC president Cyril Ramaphosa at the launch of the party’s manifesto, Moses Mabhida Stadium, Durban, on Saturday 24 February. Photo supplied

2.5 million job ‘opportunities’ in next five years, says Ramaphosa at ANC manifesto launch

The governing party also said it would progressively work towards implementing a basic income support grant

  • Lizeka Tandwa
5 min read
A vendor counts out rand banknotes while working in an African craft market in South Africa. Photographer: Waldo Swiegers/Bloomberg

Basic income grant: Peering beyond the endless impossibilities

South Africa’s economy has stagnated and policymakers ought to be looking for solutions that move us forward

  • Umamah Bakharia
5 min read
The African Development Bank (AfDB) says South Africa’s well-developed financial sector has the potential to be the continent’s powerhouse.

The Fiscal Cliff | Is South Africa nearing a debt crisis?

The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994

  • Umamah Bakharia
8 min read