We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

In theory, the dual purpose relief package the government has put in place in response to the unrest and the continued lockdown will be neutral for the public purse, in that extra spending will be offset by extra revenue. In practice, the package, modest as it is, is not without cost. And there are risks that could make it more costly over coming years.

Not that there was an option to do nothing. President Cyril Ramaphosa had put SA back into hard lockdown for Covid’s third wave without reinstating the special “relief of distress” grant or temporary unemployment insurance that had buffered vulnerable households through earlier waves. There had long been calls for him to do something: the unrest triggered a response, and to that was added a fairly modest unrest-related sum, to boost army and police budgets, provide relief for uninsured small businesses and backstop state-owned riot insurer Sasria...

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

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.