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Shower hour: Water has become a dirty joke

The trials of living a life around the capricious temperament of water scheduling

New millionaire residents in Cape Town will surge by 85% in 2033, making it one of the Brics nations fastest growing wealth hubs. (Photo by: Peter Adams/Avalon/Universal Images Group via Getty Images)

Cape Town to mint 6100 new millionaires in projected wealth boom

New millionaire residents will surge by 85% in 2033, making it one of the Brics nations fastest growing wealth hubs

Excavating the role of Africans in the creation of the modern world

Europe would have been a marginal player in world history without the continent’s natural resources and centuries of cheap African labour

Few wealthy families employ a philanthropic strategy

Having a formal plan in place helps families and trusts to assist others more efficiently when crisis strikes

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No one should be as rich as Elon Musk

The reactions to Elon Musk’s billionaire status are evidence that far too many South Africans have not fully grasped the destructive consequences of inequality. Entrepreneur Musk…

The inefficiency of the Gini coefficient

To simplify complex inequality into a single statistic doesn’t address how to accurately assess (or reduce) South Africa’s large wealth divide

See people as individual humans, not as a race

We need to ingrain values of equality in education, businesses, society broadly and religious groups to see people

The Standard Bank’s Wealth Report for Africa for 2020 shows that the continent’s wealthiest individuals worry about what impact volatile political environments will have on their wealth. (John McCann/M&G)

Crazy-rich Africans fear instability

The Standard Bank’s Wealth Report for Africa for 2020 shows that the continent’s wealthiest individuals worry about what impact volatile political environments will have on their…

Urgent action is required to address the constraints to South Africa’s power system and to reduce the usage of the diesel-fired turbines, the council said.
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An emergency budget needs bold decisions, including a bigger public sector

Choosing this path would create work for many while also building the infrastructure that the country needs

About two-thirds of South Africa’s wealth is held by the top 1% and about 90% is held by the top 10% — an enormous concentration of wealth

More billionaires but wealth gap between rich and poor widens

In South Africa, growth in 2017 went to the top 1% most wealthy people and nothing to the bottom 50%

Resource abuse: An Angolan boy walks in a canal in Benguela city. The burden of environmental exploitation by big industry

Letters to the editor: February 3 to 9 2017

Readers write in about Marxism and economics, and the World Economic Forum in Davos.

South Africa is a hyper-consumerist country – only the United States

​Wealth is a threat to environment

The wealthy few who embrace luxurious and extravagant lifestyles impose a great burden on the environment.

Figures suggest SA has the highest concentration of wealth in the hands of a few

For the first time, tax data has been made available to try to assess just how much is owned by how many

QE has made the very rich even richer

Credit Suisse’s Global Wealth Report makes for interesting reading for those who suspect quantitative easing is more about propping up asset prices.

Inside information favours those setting the gold price.

1% own half the world’s wealth

Research by Credit Suisse shows that the world’s poor and middle classes have been squeezed to create more wealth for 1% of the population.

The Performative Urbanisms workshop will be looking for “a different take on Jo’burg”.

SA’s richest people live … where?

There are some big surprises in the most recent tax statistics, but there’s no escaping the endemic disparities in income everywhere.

(Delwyn Verasamy/M&G)

The haves have a great deal more wealth

Several factors are responsible for increased household wealth but the run is likely to end, according to a recent index.

South Africa has many macro-assets attractive to investors, such as a vibrant democracy, a relatively diversi?ed economy, abundant natural resources and a transparent legal system.

More millionaires, but world’s wealth gap is growing

Inequality fell slightly just before the financial crisis of 2008 but is on the rise again, particularly in developing countries such as South Africa.

South Africa has many macro-assets attractive to investors, such as a vibrant democracy, a relatively diversi?ed economy, abundant natural resources and a transparent legal system.

The rich get richer, and ‘hog the proceeds of growth’

More than 1.76-million people joined the ranks of the global super-rich last year as stock market gains and property prices swelled personal fortunes.

Oxfam finds 85 elites as rich as 3.5-billion people

As the World Economic Forum starts in Davos, a development charity claims that growing inequality has been driven by a "power grab" by wealthy elites.