Karen Peters - According to the 2008 Budget Speech, currently there are 12.4 million grant beneficiaries in South Africa, with national expenditure on social assistance to the tune of 75.3 billion Rand. However, despite spending on social security remaining a significant proportion of our GDP, an important segment of the population still slips through the social security net. What's wrong with the social grants system in South Africa? To start with, the targeted nature of our social...