Godongwana hints at plan to invest in employment for 'young black kids'

08 August 2021 - 00:05 By sabelo skiti

New finance minister Enoch Godongwana has drawn an early line in the sand over the question of a basic income grant (BIG), saying he would rather the funds be used to give work to unemployed black youngsters, instead of a handout.

In an interview yesterday, as he prepares to take up the hot seat vacated by Tito Mboweni, Godongwana was careful to tread a diplomatic path on the BIG, which many in the ANC see as a necessary measure amid low growth and a Covid-ravaged economy...

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