Nelson Mandela features on the 100 rand note. REUTERS/Siphiwe Sibeko A South African policy proposal is being hailed as the first national universal basic income plan.
However, experts say it’s promising but would pay too little to too few people to be a true UBI program.
UBI champions say that only helping the poor can lead to payments being seen as welfare checks. ADVERTISEMENT Recommended articles news Short-seller Jim Chanos warns of 2021-style market mania — and says Elon Musk should get his mammoth pay package news Microsoft’s focus on monetizing its AI investments is a sign of […]
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