South Africa: A Single EFF Promise That Would Outstrip Eskom's Entire Debt in a Year

analysis

As he wound up the EFF's campaign on Sunday, the party's leader, Julius Malema, won the loudest applause for his promise to double social grants. The cost of that would outstrip Eskom's debt of about R400bn in a single year.

The 18 million grants paid every month now cost the government about R246-billion a year. This would jump to R492-billion if the EFF was the government, as it has repeatedly claimed it will be during the election campaign.

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