Cost of welfare 'is rising faster than South Africa's ability to pay'

Economists have warned about the mounting costs of dispensing social welfare grants in South Africa after Treasury director-general Lesetja Kganyago reported that the costs had risen from just over R4 billion to R5.16bn in four years. Economists.co.za chief economist Mike Schussler, noting that R80bn was dispensed by the SA Social Security Agency (Sassa) in 2009/10, […]