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Financial inclusion has been touted as one of the solutions to addressing poverty in South Africa. REUTERS/Siphiwe Sibeko

South Africa’s social grants: busting the myth about financial inclusion

Entities at the centre of the storm engulfing South Africa’s social grants distribution system have claimed to be champions of financial inclusion. The claim in itself is scandalous.
Social grant recipients waiting in Gugulethu, Cape Town. A battle over social grant payment tender threatens the system. EPA/NIC BOTHMA

The real risks behind South Africa’s social grant payment crisis

The South African Social Security Agency has created a crisis that threatens to deliver social grant recipients on a silver platter into the hands of unscrupulous financial services companies.

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