Tag: guaranteed income

Open this photo in gallery: At age 60, about 40 per cent of Canadians don’t have a common-law partner or spouse (39 per cent of men are single, and 41 per cent of women). Census data tells us that an increasing number of Canadians are living alone, without a common-law partner or spouse, at all stages of life – including retirement.

This finding is backed up by Canada Pension Plan (CPP) statistics which estimate that at age 60, about 40 per cent of Canadians don’t have a common-law partner or spouse (39 per cent of men are single, and 41 […]

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The ANC Youth League in KwaZulu-Natal has vowed to take to the streets should the government not implement free education. File Picture Durban – The ANC Youth League in KwaZulu-Natal wanted nothing less than free education – and the government’s failure to deliver on this will lead to the league leading student protests, said ANCYL provincial secretary Thanduxolo Sabelo.

He said this in response to the report on fee-free education, which President Jacob Zuma released on Monday.

Included in the report’s recommendations is a suggestion that university students should be exonerated from registration fees.The report delivered good news for Technical Vocational […]

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Doubts: Banking Association SA MD Cas Coovadia says speculation that President Jacob Zuma wants to disregard the Heher commission report ‘muddied the waters’. Picture: ROBERT TSHABALALA Free university education for all is neither affordable nor desirable, but the government could raise the money to help academically capable students who need financial assistance, says the Davis tax committee.

It has proposed a hybrid system of grants for poor people, government-backed loans for the "missing middle" and fees for the wealthy, which it says would require an extra R15bn a year.

Increasing the top marginal tax rate for individuals by 1.5 percentage points […]

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The South African government should increase spending on higher education to at least 1% of gross domestic product, a presidential commission report released on Monday said.

This would be an increase from the current level of 0.75% of the country’s GDP of $300bn.

The report recommended that funding for higher education and training is increased for “providing quality education and infrastructure needs”.It also recommended that all students should be funded through a cost-sharing model of government guaranteed income-contingency loans sources by commercial banks.The Commission of Inquiry into Higher Education and Training was set up in January 2016 in response to protests […]

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As you head into retirement, do you ask yourself…. “how much money is enough?” How do I keep up the inflation/cost of living? How do I gain confidence in the amount I’ve saved?

Today on Indy Style, Alexander Joyce, President & CEO, ReJoyce Financial, shares his take on the fear of unseen expenses and the goal any of us should have as we head into our retirement years. Be sure you have enough income, assets and income from assets. What I commonly see is the retirement income foundation, or […]

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GPs in Scotland will have one month to respond to a new funding agreement between the BMA and the Scottish Government Doctor – PA

Family doctors across Scotland will be consulted on new ways of working and funding after the BMA and Scottish Government reached an agreement over a new GP contract.

The changes to the way doctors are funded seek to address rapidly increasing workloads and vacancies in the profession, which has led to long waiting times for appointments.The proposed reform would be the biggest change to primary care services in over a decade, and would see GPs lead […]

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UJ students during their #FeesMustFall protest in Johannesburg. Picture: ANTONIO MUCHAVE/SOWETAN The Heher commission’s report on funding tertiary education has recommended that all undergraduate and postgraduate students be funded through a cost-sharing model of government-guaranteed income-contingency loans sourced from commercial banks.

This would be for students attending private and public universities and colleges, regardless of their background, according to the report released by President Jacob Zuma on Monday.

In the technical and vocational education and training sector, however – where most students were from poor backgrounds and needed more support – education should be free, the commission said.“Through this cost-sharing model, […]

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Government should hike expenditure on higher education and training to at least 1% of GDP and replace the current bursary scheme with government-backed guarantees for commercial loans for all tertiary students.

This is contained in the 748-page commission report‚ in which retired judge Jonathan Heher probed the feasibility of free tertiary education.

The report was released by President Jacob Zuma on Monday.He said no decision had been taken on the recommendations as yet.“The Inter-Ministerial Committee on Higher Education Funding led by the Minister in the Presidency Mr Jeff Radebe‚ and the Presidential Fiscal Committee whose lead Minister is the Minister of […]

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