World Bank on South Africa’s plans to support the unemployed – including a R350 job-seekers grant

[BusinessTech]

World Bank on South Africa’s plans to support the unemployed – including a R350 job-seekers grant

The World Bank said South Africa, which ranks among the world’s top 10 spenders on social assistance, could consider a range of reforms to its R156 billion ($15 billion) annual welfare program to make it more cost-effective while expanding support for the unemployed.

 

[Mike Hoxbig]

South Africa’s welfare program has been hailed as the single biggest achievement of the post-apartheid government in reducing income and wealth inequality

Yeah, that few hundred bucks makes a huge dent in reducing inequality. Instead of, say, creating a conducive environment for employment...

 

[Fulcrum29]

Yeah, that few hundred bucks makes a huge dent in reducing inequality. Instead of, say, creating a conducive environment for employment...

They will tell you that it is a process of structural reform and redress.

 

[rvZA]

I think the World Bank did not get the memo. The ANC is not concerned with any of the technical bulls**t. The idea is to get the whole country onto grants. Every single person gets R350 a month and stay reliant on government and keeps voting for them to ensure they stay in power.