Category: Basic Income

Tito Mboweni Photographer: Rodger Bosch/AFP/Getty Images South African Finance Minister Tito Mboweni told an investment conference the Treasury won’t back down on its insistence that any wage agreement for state workers mustn’t breach the government’s fiscal ceiling.

Mboweni made the comments at a conference organized by JSE Ltd. and sponsored by Citibank and Absa Group Ltd. that’s closed to the media, a person attending the event told Bloomberg, asking not to be identified.

Mboweni angered powerful labor unions allied to the ruling African National Congress last year by reneging on a prior deal to raise wages for 1.3 million government workers. […]

Full Post at www.bloomberg.com

The announcement of a Universal Basic Income (UBI) pilot is one of the most eye-catching Welsh Government policy proposals of recent times.

There are strongly held opinions on either side of the debate around UBI. Its advocates describe it as having the potential to be “our generation’s NHS”, while others consider that it’s “not the answer to poverty”.

Our article gets into the detail of the debate, exploring arguments for and against UBI, what the devolution settlement means for a Welsh pilot, and what evidence from elsewhere can tell us. What is UBI, and what is being proposed in Wales? UBI […]

Full Post at research.senedd.wales

Photo courtesy of Kraken Images via Unsplash Philanthropy itself offers many positives, including being the ability to serve the greater society, create global change and improve our overall quality of life. However, the business side of philanthropy can also be greatly rewarding, once an understanding is reached about how to take advantage of current systems to optimize the business behind charity, therefore extending influence. Track Two Podcast cohosts Sarah Gerber and Joanne Gouaux’s conversations with their esteemed guests cover these topics and provide a general framework through their own stories. Each person has created a career out of their […]

Full Post at www.worth.com

RIO DE JANEIRO, BRAZIL – Uruguay experienced this Thursday its second general strike against the Executive of Luis Lacalle Pou in a “positive” day, according to the trade union central PIT-CNT, with normal activity in a good part of the economic life and questioned by the ruling party which saw it as an excuse for the collection of signatures against a law which is intended to be put to a referendum.

This 24-hour general strike which, according to the secretary-general of the PIT-CNT, Marcelo Abdala, was “against hunger and inequality, for work and wages”, was carried out with various activities […]

Full Post at riotimesonline.com

Social Development Minister Lindiwe Zulu said her department was considering a more comprehensive social security system for South Africa.

Responding to a written parliamentary question and answer from the Democratic Alliance, Zulu said the government will create a three-pillar system comprising social grants, contributory social insurance and voluntary insurance.

This will ensure that those who can contribute to their own social security provision have appropriate institutional platforms to participate in social security coverage, she said.“The policy makes many proposals to ensure that all workers in the country, both in the formal sector and in non-standard forms of employment, are mandated or […]

Full Post at www.uktimenews.com

Social Development Minister Lindier Zul says her department is considering a more comprehensive social security system for South Africa.

In response to a written parliamentary question and answer session from the Democratic Alliance, Mr. Zulu said the government would create a three-pillar system of social grants, contribution social insurance, and voluntary insurance.

She said this would ensure that those who could contribute to their social security provision would have an appropriate institutional platform to participate in social security compensation.“This policy is for all workers in the country to retire, die or have a disability, both in the regular sector and in […]

Full Post at eminetra.co.za

We should not underestimate the financial hardship young people and students face due to high levels of debt, rising levels of mental health problems and low job prospects.

By: Louis Strappazzon

Students would benefit substantially from a Universal Basic Income (UBI), which is a model of citizen social security that gives everyone a regular and unconditional basic income per week or month as a safety net. It places trust in people, as vitally it is not means-tested and you can spend it in your best interests. Many existing means of social support will be kept, such as Child Benefit. […]

Full Post at basicincometoday.com

Social development minister Lindiwe Zulu says that her department is considering a more comprehensive social security system for South Africa.

Responding to a written parliamentary Q&A from the Democratic Alliance, Zulu said that the government will create a three-pillar system comprising social grants, contributory social insurance and voluntary insurance.

This will ensure that those who can contribute towards their own social security provision are provided with appropriate institutional platforms to participate in social security cover, she said.“The policy makes extensive proposals for ensuring that all working people in the country, both in the formal sector and those in atypical forms of […]

Full Post at businesstech.co.za