Research shows the grant can help end hunger and also contribute to economic growth.
But what the introduction of a basic income grant means and what it looks like is not always clear. In this three-part series from the Institute for Economic Justice , we cover the basics of a basic income grant. This, our first article, covers the overview of what a Ubig is, what different types exist and what transformative potential it may have. Our second piece covers the debate in South Africa and our final piece focuses on how we could finance it.
A targeted basic income on the other hand is only paid out to those who meet some kind of qualifying criteria, usually that they are unemployed and/or have income below a certain level, typically referred to as a means-test threshold. Basic income support can end hunger: Government estimates suggest that 18.3 million people in South Africa do not have enough income to meet their basic food needs, and more than half the population lives in poverty. A Ubig set at the value of the highest poverty line would, by definition, eliminate poverty and end hunger in South Africa.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BHEKISISA OP-ED: National Health Insurance lessons for deep rural South AfricaFor years, a mother in the rural Eastern Cape had to travel across a river and walk for two hours to get to a clinic. Then, her community teamed up with a nonprofit and the provincial health department to change that. These days, the furthest she has to walk to get her newborn to a nurse is five minutes.
Read more »
A quarter of SA's senior government managers aren't qualified – and it's really bad in the police | BusinessinsiderRoughly a quarter of senior managers in South Africa's public service don't have the proper qualifications for their jobs, and it's especially concerning within the police.
Read more »
DUMA GQUBULE: Basic income grant is coming — applying for it should be made easyWhen the BIG is introduced in 2023, let’s hope the government will not complicate what should be a simple programme 🔒
Read more »
South Africa’s lowest-cost bank isn’t a bankShoprite is planning to offer a transaction account that will target lower income South Africans.
Read more »
Free Wi-Fi, taxis, small business – Inside Old Mutual's new game plan | Fin24Old Mutual has acquired SME lender Preference Capital, it's getting into a partnership to advertise and sell its product to taxi commuters, and it's rethinking its position in several countries.
Read more »
KZN tops number of house break-ins in South AfricaStatistician-general Risenga Maluleke says the highest proportion of affected households were in KwaZulu-Natal. ECR_Newswatch
Read more »