ALLAN GREENBLO: Social grant system has failed to uplift South Africans
The overarching evidence is that the number of people on grants keeps going up, with few interventions to make much difference
15 July 2019 - 12:35
Eskom’s sustainability is marked as the greatest risk to the SA economy. But there’s another risk, perhaps as great. In circumstances of pitiful economic growth, it’s the perpetuation on its present trajectory of the social grants system that shields large parts of the population from starvation.
Retirement funds are obliged by regulation to consider environmental, social and governance criteria in making investment decisions. Of the three, the “social” gets the least attention. This isn’t as it should be because it can rock investments the most...
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