AFRICAN EYE

By Rawlings Magede Finance Minister, Mthuli Ncube is at it again. This time around he has announced that one million households will start receiving $3oo monthly payouts as part of government’s efforts to cushion people whose sources of income have been affected by COVID-19.Treasury’s Chief Director of Communications and Advocacy, Mr Clive Mphambela was quoted in the weekly Sunday mail confirming that the money for such an exercise has already been budgeted for and approved. Given the astronomical rise in the cost of living, the $300 payout will do little to ameliorate the plight of the suffering citizens especially those in rural areas.The COVID 19 induced lockdowns across the world has seen a dip in diaspora remittances that has become the major source for rural livelihoods. Added to this, the closure of boarders has also dealt a heavy blow to cross boarder traders. Of course the Ministers’ announcement all but confirms government’s “copy and paste” approach that has seen