We are about to enter a food crisis. Trying to feed millions of people via food parcels is not effective as it attracts huge, desperate crowds who simply spread the virus.
The logistics are insuperable, but there is a better way: use our advanced financial system and pay survival amounts into all bank accounts. But there is a problem: our Financial Intelligence Centre Act (Fica) rules, designed to contain money laundering and crime syndicates, exclude the very poor because they often lack ID cards and fixed addresses and seldom have proof of address...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.