MAMOKETE LIJANE: Balancing the debt equation

South Africa News News

MAMOKETE LIJANE: Balancing the debt equation
South Africa Latest News,South Africa Headlines
  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

A basic income grant that is ultimately a replacement for work would doom poor South Africans to perpetual poverty, writes mamokete30. BudgetSpeech2022

My mother lives in a small farming town in the eastern Free State called Clocolan. It’s there that I came face to face with poverty in SA.

My mother once remarked that in her church they had funerals every weekend, but very few, if any, weddings. Most young people in Clocolan don’t finish school, can barely read for meaning, have children early, never hold a job, live off child support grants, and look forward to migrating to old-age grants — if they live that long. The pipeline from birth to death is bereft of milestones of progress. It’s just drudgery, hardship and slog...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialMail /  🏆 20. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CARMEL RICKARD: Put South Africans first?Judge Daniel Thulare has added a provocative view on the topic of migrants, arguing for training of locals in foreign languages to meet staffing needs
Read more »

Budget 2022: South Africans still waiting for decision on e-tollsBudget 2022: South Africans still waiting for decision on e-tollsAlthough Finance Minister Enoch Godongwana didn't mention e-tolls in his budget speech, his announcement on fuel levies was welcomed.
Read more »

How South Africa can cut the petrol price by more than R1 a litreHow South Africa can cut the petrol price by more than R1 a litreThe National Treasury has confirmed that it will review South Africa’s fuel price calculations as motorists grapple with record-high petrol and diesel costs.
Read more »

Winners and losers from South Africa’s budgetWinners and losers from South Africa’s budgetSouth Africa’s finance minister Enoch Godongwana, six months into the job, presented a budget that backs up president Cyril Ramaphosa’s focus on businesses in a bid to add jobs.
Read more »



Render Time: 2025-03-01 07:46:43