FMF Newsletter - 11 August 2021

FMF FEATURE ARTICLE
Universal basic income grant, catastrophe loading  –  Riaan Salie

South Africa's economy lost R20bn and 150,000 jobs due to riots in KwaZulu-Natal and Gauteng. The spate of violence and looting has led to renewed calls for a Basic Income Grant (BIG) from advocacy groups. President Cyril Ramaphosa has responded by suggesting that his government is considering a BIG as it would show "that the government cared." Given that 11 million citizens survive on less than R27 a day, the calls for urgent solutions to poverty have become heightened.

Khaya Lam (My Home)
The Khaya Lam (My Home) Land Reform Project facilitates the transfer of freehold title deeds. Home ownership and a tradeable title leads to greater economic activity and a revitalisation of our country’s economy. The Khaya Lam initiative has completed over 10,500 title deeds, and has funding for a further 23,500.