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Less money for public schools and healthcare, but tax breaks for corporates and individual taxpayers

The Covid pandemic has greatly exacerbated existing poverty and unemployment in South Africa. What are the best policies to alleviate it? Targeted social grants may aim to reach the poorest of the poor but there are many inefficiencies in the targeting method. A Universal Basic Income Guarantee is more costly, yet simpler to implement, will reach those in need more quickly, and is financially feasible. The Covid Social Relief of Distress (SRD) grant is set to end in March 2022, and with it, the only source of income support for more than 9 million people. The burning question is what, if anyth...

[FILES] Minister of Finance, Zainab Ahmed. Photo/Twitter/FinMinNigeria As the COVID-19 pandemic spread across the world last year, a group of activists seized the loophole in support responses, seeking the institution of universal basic income (UBI) and polled over 200,000 signatures to drive home their demand. The movement renewed the call for the establishment of basic income guarantee as an essential part of modern economies. In the recent United States election, Andrew Yang, a Democratic Party presidential aspirant, shot to the international podium for his sermon on UBI and how he planne...