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Podcast: The Daily Discourse
Episode: Economic impact of poverty on children
Description: In a new study compiled by the Nelson Mandela Children's Fund and Deloitte, 18% of children may face a decline in economic potential to build a better life. The Child Poverty report investigated the economic impact of child poverty in South Africa, researching data on the direct financial burden and the loss of future economic potential. The study highlighted that government spends R656 billion on poverty alleviation initiatives (9,8% of GDP) to help vulnerable children. This study is a follow-up to the 2023 State of the South African Child report which outlined preliminary findings surrounding five major challenges affecting children i...