Tag: inequality

Property, and the ownership of land, is an emotive topic in South Africa. While progress towards redressing inequality in land ownership and the property sector could be far quicker, the good news is that we know where we stand, and property offers unique prospects for achieving real social change. 

Government needs to take bold and rapid action to extricate the country from the economic quagmire in which it finds itself. The local economy is struggling to generate the growth needed to address high unemployment and inequality, as well as arrest the declining productivity that has eroded the country's global competitiveness.

According to Oxfam, a new billionaire was created every two days in 2018. What an incredible, remarkable phenomenon. Never have people created so much wealth for themselves through businesses and trading.

John Kinsley has written a book that presents two macro-economic challenges facing the world today. There are two broad economic challenges facing economies around the world today: the one is ageing demographics (particularly in established economies) and the other is inequality.

A major takeout from the month-long bus strike earlier this year is that workers were prepared to strike for a protracted period until their main demands were met, including that they be paid for the month that they did not work as a result of the protest action.

Social inequality is a strategic risk for businesses globally, and particularly in South Africa. Consequently, directors need to ensure that initiatives to reduce inequality...