News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Subscribe & Follow

Advertise your job vacancies
    Search jobs

    Small town, BIG grant

    There are no roads, no major industry and no historical landmarks in Otjivero, a village about 150km east of Windhoek, the Namibian capital and previously known for little more than its poverty. But in January 2008 it became part of one of the world's first basic income grant (BIG) projects, and now stands the chance of setting an international precedent in the fight against poverty.

    About 1,000 villagers have been receiving a BIG of N$100 (US$10) as part of a trial project funded by contributions from international donors and private citizens and administered by Namibia's BIG Coalition made up of four major umbrella nongovernmental organisations. Community members say the money has gone a long way towards providing better nutrition, housing and even seed money to small businesses; project implementers say it has disproved aid industry myths about the feasibility of such a grant.

    Read the rest of the article here.

    Let's do Biz