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The World Bank, in collaboration with the South African government, has released a new report assessing the country's social assistance programs and institutions. Review of social assistance programs and institutions in an environment of high unemployment, persistent poverty, weak economic growth and reduced fiscal resources, exacerbated by the COVID-19 pandemic: South Africa's report examines subsidies and social In alleviating poverty, it emphasizes the important role of aid systems. The report also provides policy considerations that could help move South Africa's social transfer system towards sustainable and productive investment in its people. The report finds that, overall, South Africa's program structure…

In September 2021, the South African Department of Social Development withdrew its Green Paper on Comprehensive Social Security and Retirement Reform. The document proposed introducing a government-run social security fund that would allow people to receive retirement benefits, survivor benefits, disability benefits, and/or unemployment benefits. Contributions would have been based on individual income and wealth, with varying ranges and benefits offered accordingly. However, the government published a green paper in the Official Gazette to provide “more clarity on some of the matters involved”. [in it]This is because some of the technical aspects of the proposal are not well understood and…

'Social unrest' – some might prefer 'riots and looting', 'food riots' or 'riots' – has gripped South Africa since early July. An already unstable country is becoming unstable. And, as with all periods of South Africa's rise, historical fault lines were once again exposed. Issues of racial and ethnic divisions, class conflicts, xenophobia, violence and its use. These are some of our wounds that have never been healed. Over the past several decades, we have wrapped them in patriotic bandages, unity slogans, and surface-level performances of shared national consciousness. But now the wounds are open again, the country is bleeding,…

Many people in Africa enjoy sports, with soccer, rugby, cricket, and basketball being popular. It's no surprise that the continent's sports betting industry is thriving and even expected to grow explosively in the coming years. The legality of sports betting in Africa Africa is a huge continent, so online gambling is generally not legal. Although African countries have different attitudes towards online gambling and sports betting, gambling companies generally enjoy how lenient their gambling laws are. However, there are still countries in Africa that are strict against gambling activities. For the most part, countries with religious preferences like Sudan are…

Shoprite reported full-year sales growth of 9.3% in its core South African business, despite the extended closure of its liquor shop business due to coronavirus restrictions. The supermarket RSA division reported sales of R133.9 billion (€7.88 billion) in the year to 4 July. The group said this was thanks to the “joint efforts” of its Shoprite and USave businesses, with sales increasing by 8.8%, while sales at Checkers and Checkers His Hyper businesses rose by 10.9%. The company noted that its liquor shop business was closed for 144 days during the financial year as a result of coronavirus countermeasures. “This…

Professor Daniel Meyer is a lecturer in the School of Business and Economics at the University of Johannesburg. He writes in a personal capacity. Even before the outbreak of the coronavirus disease (Covid-19) pandemic in early 2020, South Africa's economy was already in recession, with consecutive quarters of negative growth. A negative, low-growth environment has a negative impact on tax revenues and employment opportunities. The so-called terrible trifecta of poverty, unemployment, and inequality had been somewhat contained by 2009, thanks to years of economic growth leading up to the financial crisis of that year. But since 2009, poverty levels have…

August 1, 2021 A new report compiling data and insights into South Africa's social and broader media landscape has been released by research firms Ornico and World Wide Worx. The study analyzes the overall landscape of media technology in South Africa, including the impact of Covid-19, privacy, consumer usage and the current state of commercial adoption of key technology platforms. “South Africa’s Social Media Landscape 2021 Survey, conducted after a full year of COVID-19 lockdown, provides the most detailed overview to date of the changes in online behavior brought about by the pandemic. '' said Worldwide CEO Arthur Goldstuck. Mr.…

On July 12, 2021, police officers detained a suspect who looted a store in Johannesburg, South Africa. South Africa's military said on Monday it had deployed soldiers to KwaZulu-Natal and Gauteng provinces to deal with violent protests and looting. Police say six people were killed and 219 injured in violent protests in Gauteng and KwaZulu-Natal over the weekend after former president Jacob Zuma was sentenced to 15 months in prison for contempt of court. announced that he had been arrested. Hundreds of stores and businesses in both states were looted. (Photo provided by Yeshiel/Xinhua) South African Reserve Bank Governor Lesetya…

“But we are not just rebuilding our country from last week’s destruction. We are rebuilding after decades of devastation from land dispossession and exploitation. We are fundamentally rebuilding our economy and society. We need to step up our efforts to transform the country, create jobs, lift millions out of poverty, and ensure that the country's wealth is distributed to all its citizens.'' president's desk — Monday, July 19, 2021. ) South Africa, still reeling from the shock of last week's “protests” over former president Jacob Zuma's jailing for contempt and the ensuing food riots and looting, is easily comforted by…

Gugu Lesha is a Machel Mandela Fellow. Brenthurst Foundation The original proposals in 2002 were driven by the need to address the pervasive social and economic legacy of significant inequality created by the exclusive apartheid regime. So it's worth asking, why now? Is this a desperate attempt to placate the poor, or a genuine preparation to address the deep social divisions and widespread poverty that continue to plague this country? Economic and political dissatisfaction merge The political unrest in KwaZulu-Natal and Gauteng over the past two weeks was unlike anything the country has seen in years, but it was not…