Social grant recipients could receive R233 a month more if it wasn’t for fruitless and irregular Government spending.
So says KPMG Tax Advisor Deborah Tickle.
That figure represents a 15% increase on the old age and disability grants, and a whopping 60% hike in the child support grant.
Tickle warns that the figure is almost certainly understated.
The Money Show’s Bruce Whitfield interviewed Tickle, who explained where the figure come from.
South Africans hear daily about ‘radical economic transformation’. What does that really mean? More ‘irregular expenditure’ for the benefit of a few, and less benefit for the rest of the South African people? Looking at the social grants picture, that’s what it sounds like.— Deborah Tickle, KPMG
For more detail; listen to the interview in the audio below.
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