JONATHAN COOK: Universal basic income could save the small business sector
Return to the fiscus could pay for the whole grant
The recent violence has prompted government and the ANC to give greater attention to a basic income grant for South Africans (“Ramaphosa says basic income grant will show government cares (https://www.businesslive.co.za/bd/national/2021-07-18-ramaphosa-says-basic-income-grant-will-show-government-cares/)”, July 18).
Apart from the obvious moral imperative to treat extreme poverty, a basic income grant would also be just the thing to help devastated small businesses recover from the double whammy of rioting and Covid-19. And what a boost it would provide to SA’s morale! Can you imagine the relief?..