OPINION | Universal Basic Income Grant: who will profit?

OPINION | Universal Basic Income Grant: who will profit?

(Allan Swart/ Getty Images) There are risks in using a private company to pay the grants, write Abby May, Zen Mathe and Michael Marchant for Open Secrets. For more financial news, go to the News24 Business front page .

The Post Office and Postbank have failed to manage the social grants payment system. But the private sector is not an easy fix either.

The failures of the Post Office and then Postbank have led to suggestions that the private sector should play a larger role in the payment of social grants. In this article we show that South Africa’s […]

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