Business Unity SA (Busa), which represents almost all big businesses in the country, has weighed in on the contentious and divisive proposal to introduce a basic income grant (BIG) as a mechanism to alleviate poverty in SA.

In a hard-hitting statement, Busa CEO Cas Coovadia said SA has a low tax base that renders the proposal fiscally unsustainable and called on the government to fast-track reforms to enable investment and economic growth...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now