wealth gap

 
SA's middle class closing in on the rich
SA's middle class closing in on the rich
The gap between the poor and middle class in South Africa is widening, but according to the World Bank, inequality between the rich and middle...
No, minister. Increasing VAT was avoidable
No, minister. Increasing VAT was avoidable
This week the minister of finance tabled a budget that will, in his words, “cause economic discomfort”. At the same time, it is not clear that...
Free education demands radical change to the budget
Free education demands radical change to the budget
COMMENT“The doors of learning and of culture shall be opened”, according to the Freedom Charter way back in 1955. In part it declared...
Figures suggest SA has the highest concentration of wealth in the hands of a few
Figures suggest SA has the highest concentration of wealth in the hands of a few
Although South Africa is known for its extreme income inequality, the degree of wealth inequality is even greater. New tax and survey data suggest...
We’ve bastardised blessed with a #
We’ve bastardised blessed with a #
‘May He give you all the desires of your heart” – Psalm 20:4.
1% own half the world's wealth
1% own half the world's wealth
The world is growing increasingly unequal, with the 2008 recession leading to a shrinking of wealth in global middle and lower classes while the...
Inequality mocks SA's freedom
Inequality mocks SA's freedom
Oxfam this week released its report, Even It Up: Time to End Extreme Inequality. It starts with a case study from South Africa and compares a black...
More millionaires, but world's wealth gap is growing
More millionaires, but world's wealth gap is growing
Global wealth is at an all-time high and has grown at a record pace over the past year to reach $263-trillion. But, at the same time, inequality has...
JSE chiefs' pay hikes soar well above the tide of inflation
JSE chiefs' pay hikes soar well above the tide of inflation
 As the debate about income disparities between workers and bosses rages on, a new report revealed that chief executives at many of the top...
The rich get richer, and 'hog the proceeds of growth'
The rich get richer, and 'hog the proceeds of growth'
A record 13.7-million people are now classed as "high net-worth individuals" (HNWI), according to a survey of the planet's most well-off...
From Dainfern to Diepsloot: A short trip across SA's wealth gap
From Dainfern to Diepsloot: A short trip across SA's wealth gap
Mpho Mpshane can't wait to escape the whiff of kerosene and the Tupperware-munching rats in her car-sized shack in Diepsloot township.

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