Sep 18

South African Presidency weighs R88.5 billion anti-poverty plan 

South Africa’s presidency is proposing spending as much as R88.5 billion a year to tackle poverty at a time when the National Treasury is cautioning that the country has run out of money. Bloomberg News reports that in a recent presentation to business and labor leaders, Olive Shisana, President Cyril Ramaphosa’s special advisor on social policy, proposed various measures, such as an unemployment grant, food assistance, and job creation programs.