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The Good Party has proposed a R999 basic income grant

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R999 basic income grant:With the cost of living rising and unemployment on the rise, an estimated 8 million South Africans are out of work and unable to meet their most basic needs. As a result, one political party has proposed increasing the basic income grant significantly.

r999 grant introtuced by good party

The GOOD party has launched a campaign to provide basic income grants, which is expected to be one of its top election priorities in the run-up to next year’s general election.

The party is proposing a R999 basic income grant and claims that not only can it be done, but that it must be done.

“Our starting point is that there is nothing more front line delivery than giving cash to a poor person who has no income,” the party claims.

According to Brett Herron, Secretary General of the GOOD Party, the government is not adequately looking after the poor people in the country, thus failing the Constitution, which states that the government must support those who are unable to provide for themselves.

What exactly is the R999 Grant? R999 basic income grant

The National Development Plan states that no South African should live below the lower-bound poverty line, which is where the R999 figure comes from.The lower-bound poverty line was estimated to be R945 per month in 2022.Meanwhile, the current Social Relief of Distress (SRD) grant only covers half of this amount.Herron explains that the R999 is intended to meet the lower-bound poverty line, with a small amount left over for a travel subsidiary, primarily for job-seeking purposes.Currently, the SRD grant provides beneficiaries with R350 per month.

“This amount has not been increased since it was introduced in 2020, and it is funded until March 31, 2024.” The food poverty line in April 2022 was R663 per person.

Where will the grant money come from?

Herron says that GOOD had conducted research as to the feasibility of funding a basic income grant from the national budget.

He notes that the research found that the increased grant could be funded through the likes of reducing the cost of provincial legislatures, provincial executives and resources allocated to offices of the premiers.

Adopting an approach of zero-based budgeting and closing inefficient government programmes that don’t yield a satisfactory return on investment, including but not limited to reducing the number of ministers, ministries and departments. 

In addition, Herron said there were several interventions government could introduce, including:

  • Possible tax reforms which could include raising corporate taxes.
  • Professionalising the public service so that government doesn’t have to spend so much on consultants – currently R11 billion per year.
  • Cutting out corruption and privatising rather than bailing out and dysfunctional state-owned enterprises

With some tweaks to the current tax regime, the Good Party believes that it is more than possible for the Government to afford this basic income grant.R999 basic income grant

However, the party also concluded that R999 was the maximum that this grant could go with funding from the National Budget.

This fiscus would cost approximately R100 billion per annum. South Africa has a budget expenditure of R2,24 trillion, meaning that this grant would make up only 2% of the annual budget.

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2 Comments

  1. Lisa Smit

    December 1, 2023 at 8:59 pm

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    • Lisa

      December 5, 2023 at 5:18 pm

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SRD sassa grant

FNB: Graduate Internships 2024

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FNB: Graduate Internships 2024

First National Bank (FNB) invites South African unemployed graduates Internship Programme 2023 / 2024.

Internship Application Closing Date: 22 January 2024

Internship Location: Johannesburg, Gauteng

Role Purpose: To participate in on the job training by attending meetings, shadowing staff members and researching information to be used in reports to gain practical experience in the business

Responsibilities

  • Deliver exceptional service that exceeds customers’ expectations through proactive, innovative and appropriate solutions
  • Provision of an efficient execution of role responsibilities through careful and timeous planning, reporting and updating of all related information in the relevant role of learning
  • Participate in the innovation process in the business and contribute toward new innovations against objectives
  • Participation in knowledge sharing and projects to maximise skills required for the role and relevant career exploration by executing all activities required to be efficient and successful
  • Manage graduate development plan by completion of training assignments
  • Manage graduate development plan to increase own competencies and skills by attendance of training
  • Manage own development to increase own competencies
  • Live the values of the business through demonstrating and displaying of the values required in the business

Required Qualifications:

Recent Graduates / Final year University degrees in:

  • Commerce (Accounting, Business Management, Finance, Economics etc),
  • Actuarial Science,
  • Maths,
  • Statistics,
  • Engineering,
  • Marketing,
  • HR,
  • Industrial Psychology,
  • Information Systems,
  • Computer Science,
  • This is not an exhaustive list of degrees

How to Apply

Apply Online for the FNB: Graduate Internship Programme 2024

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SRD sassa grant

Eskom: Graduate In Training Internships 2024

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Eskom: Graduate In Training Internships 2024

Eskom invites South African unemployed graduates to apply for Graduate-In-Training Internship Programme 2024.

Internship Location: Western Cape, South Africa

Internship Closing Date: 12 January 2024

Business Integration & Performance Management (BIPM)

Minimum Requirements
•B Degree in Industrial Engineering/Data Science/ Commerce/Information Technology/Information Management/ Engineering

Skills and Competencies
Good communication skills
• Have the ability to understand technical concept
• Be safety conscious
• Have conscientious and self-discipline approach
• Be responsible and committed
• Have emotional resilience
• Have the ability to perform physical work
• Positive attitude
• Be able to work as part of a team

Property Management

Minimum Requirements
•B Degree in Property Management/Real Estate/Electrical/Mechanical

Skills and Competencies
Good communication skills
• Have the ability to understand technical concept
• Be safety conscious
• Have conscientious and self-discipline approach
• Be responsible and committed
• Have emotional resilience
• Have the ability to perform physical work
• Positive attitude
• Be able to work as part of a team

How to apply

Clcik here to apply for Business Integration & Performance Management (BIPM) Internships

Click here to apply for Property Management Internships

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SRD sassa grant

iStore: Business Graduates Internships 2024

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iStore: Business Graduates Internships 2024

iStore invites unemployed graduates to apply for Business Graduates Internship Programme 2024.

Internship Location: SandtonGauteng, South Africa

Internship Closing Date: Not specified

Join the iStore Graduate Entrepreneurial Program 

Are you a talented, ambitious, and innovative individual with a passion for technology and entrepreneurship? iStore is on the lookout for dynamic individuals like you to become part of our fast-growing company! Whether you have prior work experience or not, we welcome you to embark on an exciting journey with us.

About iStore:

At iStore, we are constantly seeking “What’s Next” – the next big idea, the next challenge, and the next opportunity to disrupt the norm. We are committed to making not only iStore but also the world a better place through innovation. As part of our Graduate Programme, you will have the chance to work on cutting-edge projects and contribute to shaping the future.

Why Choose iStore:

  • Leadership and Mentorship: Join our diverse teams and benefit from the guidance of experienced leaders who will help you navigate the multifaceted challenges and opportunities unique to iStore and other tech brands.
  • Hands-On Learning: No prior experience in our respective sectors is required. We believe in learning by doing, and you will receive on-the-job training to equip you with the skills needed to excel.

About Us:

Working at iStore’s head office (Core Group) is more than just a job; it’s a chance to build a career where your aspirations matter. Your voice will be heard, your ideas celebrated, and your potential nurtured. By joining us, you become an integral part of our progressive organization, shaping the future of some of the world’s most iconic brands.

Why Join Us:

  • Endless Possibilities: Experience the vast possibilities that only one of the best consumer electronics leaders can offer. Every project, brand, and initiative you work on will have a positive impact.

About You:

  • Educational Qualifications: A tertiary or postgraduate qualification would be advantageous.
  • South African Citizen: We welcome applications from South African citizens.
  • 1-2 Years of Experience: While experience is beneficial, it is not a requirement. We value your potential and your willingness to learn and grow with us.

If you’re ready to unleash your entrepreneurial spirit, drive innovation, and shape the future of technology, we encourage you to apply for the iStore Graduate Entrepreneurial Program today!

How to apply

Click here to apply online

iStore invites unemployed graduates to apply for Business Graduates Internship Programme 2024.

Internship Location: SandtonGauteng, South Africa

Internship Closing Date: Not specified

Join the iStore Graduate Entrepreneurial Program 

Are you a talented, ambitious, and innovative individual with a passion for technology and entrepreneurship? iStore is on the lookout for dynamic individuals like you to become part of our fast-growing company! Whether you have prior work experience or not, we welcome you to embark on an exciting journey with us.

About iStore:

At iStore, we are constantly seeking “What’s Next” – the next big idea, the next challenge, and the next opportunity to disrupt the norm. We are committed to making not only iStore but also the world a better place through innovation. As part of our Graduate Programme, you will have the chance to work on cutting-edge projects and contribute to shaping the future.

Why Choose iStore:

  • Leadership and Mentorship: Join our diverse teams and benefit from the guidance of experienced leaders who will help you navigate the multifaceted challenges and opportunities unique to iStore and other tech brands.
  • Hands-On Learning: No prior experience in our respective sectors is required. We believe in learning by doing, and you will receive on-the-job training to equip you with the skills needed to excel.

About Us:

Working at iStore’s head office (Core Group) is more than just a job; it’s a chance to build a career where your aspirations matter. Your voice will be heard, your ideas celebrated, and your potential nurtured. By joining us, you become an integral part of our progressive organization, shaping the future of some of the world’s most iconic brands.

Why Join Us:

  • Endless Possibilities: Experience the vast possibilities that only one of the best consumer electronics leaders can offer. Every project, brand, and initiative you work on will have a positive impact.

About You:

  • Educational Qualifications: A tertiary or postgraduate qualification would be advantageous.
  • South African Citizen: We welcome applications from South African citizens.
  • 1-2 Years of Experience: While experience is beneficial, it is not a requirement. We value your potential and your willingness to learn and grow with us.

If you’re ready to unleash your entrepreneurial spirit, drive innovation, and shape the future of technology, we encourage you to apply for the iStore Graduate Entrepreneurial Program today!

How to apply

Click here to apply online

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