South Africa – the African continent’s largest economy and its only G-20 member – continues to display strikingly high and persistent inequality which has led to high levels of marginalisation for an upper middle-income country. The stark and at times obscene contradictions between rich and poor – a legacy of our country’s apartheid past – […]
social mobility
Posted inNews/Politics
Inequality, a direct link to political instability
Addressing the challenges of inequality around the world, specifically in Africa, is becoming increasingly paramount. Degrees of inequality at all levels of society negatively impact on poverty-reduction strategies, result in inefficient resource allocations by governments and policymakers, wasted productive potential, exponential growth in dependency ratios within society as well as impaired institutional development. In Africa, […]