Reimagining Social Safety Nets – Mail&Guardian
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Read Full Op-Ed Is social security spending excessive? This query delves into the intricate balance between government expenditure and societal needs. At SPI, we believe this debate is critical, especially in light of South Africa’s socio-economic landscape. With unemployment rates soaring and inequality persisting, it’s imperative to scrutinize fiscal allocations with a lens of efficacy […]
Budget Speech 2024 Analysis
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https://www.youtube.com/watch?v=uCwNBGSyL5c Unpacking the budget speech and its implications for South Africans. We’ll be looking at the details of the speech and what it means for our country, our economy, and our future. Stay tuned for expert analysis and insights from our panel of guests. Broadcast proudly brought to you by Congress of Business & Economics […]
Post MTBPS Sentiments
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The Medium Term Budget Policy Statement is a roadmap of the fiscal and allocations direction the government is planning on taking in the annual budget speech in February. Evident from the MTBPS is that the government has no intention of using fiscal policy tool to stimulate economic growth. This was made clear by the extension […]
How to Finance a Universal Basic Income (UBI) in South Africa
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A Universal Basic Income Grant (UBI), while not a new concept, has gained prominence as a policy tool to respond to the rise in inequality, income insecurity and the rise in precarious work associated with the changing nature of work and globalization.[1] The rise in precarious work coupled with the introduction of new technologies in […]
A properly functioning social security system is a major stimulus to economic growth
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South Africa needs to revisit and rethink the use and role of its social security system, not as a poverty alleviation tool, but as a demand-side economic stimulus to meet short-term economic growth. One of the pillars used by the World Economic Forum to assess global risk and growth is inclusiveness. Under this pillar, the […]
Social Security and Just Transition | Policy brief
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For the Just Transition in South Africa to be truly just it must account for structural legacy challenges currently facing the country’s economic growth. The policy brief therefore calls for setting of a protection floor through a Universal Basic Income which will protect and ensure vulnerable South Africans do not fall any deeper into poverty […]