Business Unity South Africa warned on Monday that funding abasic income grant would warrant spending cuts in other priority areas,and could potentially destabilise weak tax revenue growth, and lead to other costly and disruptive impacts on the economy. This as News24 reports that based on a figure of R350 per month – and using 2020 population estimates – a truly universal income grant would cost around R243 billion per year. BUSA put its cost estimate at anything between R68 billion and over R300 billion per year, while if it were offered only to unemployed people of working age, it would cost considerably less at just under R45 billion.