fin24, Ferial Haffajee
There's a credit that we don't often enough pat ourselves on the back for as South Africans. Every single month, come a downgrade, come yawning budget deficit or widening trade balance, we pay 18 million social grants in a form of solidarity to compatriots. I say 'we' because it's solidarity from all to all – after all, it's paid from personal, corporate and VAT collections. It is huge; almost certainly the largest form of social solidarity on the continent and it is up there among the better systems in the developing world.
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