Flash Briefing: World Bank suggests SA job-seeker grant; Equiano cable to drastically improve SA internet; SA sugar
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News headlines:
*The World Bank said South Africa, which ranks among the world’s top 10 spenders on social assistance, could consider a range of reforms to its R156bn annual welfare program to make it more cost-effective while expanding support for the unemployed.
*The new subsea Equiano cable linking Africa and Europe will significantly decrease internet costs and triple internet speeds in South Africa, says Google.
*South Africa’s sugar industry is in talks with the government over a potential subsidy that could see it convert more than a third of its annual output into biofuel, according to a group representing companies in the sector. Learn more about your ad choices. Visit megaphone.fm/adchoices
*The World Bank said South Africa, which ranks among the world’s top 10 spenders on social assistance, could consider a range of reforms to its R156bn annual welfare program to make it more cost-effective while expanding support for the unemployed.
*The new subsea Equiano cable linking Africa and Europe will significantly decrease internet costs and triple internet speeds in South Africa, says Google.
*South Africa’s sugar industry is in talks with the government over a potential subsidy that could see it convert more than a third of its annual output into biofuel, according to a group representing companies in the sector. Learn more about your ad choices. Visit megaphone.fm/adchoices
