A thought-provoking piece published in our premium section (sign up here ) discussed the controversial basic income grant that is currently being touted in South Africa as a solution to mass unemployment and poverty. According to Joseph Cotterill , SA’s national treasury has already commissioned research on cash payments to relieve the country’s severe poverty. Many are concerned that this is a step in the wrong direction for the country. Speaking to the Financial Times, economist Thabi Leoka said his concern is that “whatever decision is made, it is a decision that will be made in perpetuity, when the […]
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