South Africa’s Ramaphosa Hints at Income Grant as Election Nears
- Leader says talks on basic income grant should continue
- ANC risks losing parliamentary majority it has held since 1994
Cyril Ramaphosa
Photographer: Leon Sadiki/BloombergThis article is for subscribers only.
South African President Cyril Ramaphosa again hinted at introducing a basic income grant, saying that there is a “strong case” for it despite the nation’s “fiscal constraints.”
Ramaphosa spoke in his capacity as president of the ruling African National Congress during the party’s annual strategy meeting on Monday. Finance Minister Enoch Godongwana will table the nation’s annual budget on Feb. 21, just months before the ANC heads into its toughest election since coming into power in 1994.