Wealth Gap

SA’s middle class closing in on the rich

The gap between the poor and middle class is widening, but according to the World Bank, inequality between the rich and middle class is narrowing.

No, minister. Increasing VAT was avoidable

Instead of hitting low earners hard, the budget should have raised wealth and corporate taxes

Free education demands radical change to the budget

'Lastly, economics makes the difference between wealth creation and wealth inheritance.'

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

We’ve bastardised blessed with a #

Forget the God of Galatians 5. Another lord who rules the temples of wealth will grant all your wishes, particularly if you are among the 1%.

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.

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.

Inequality mocks SA’s freedom

Oxfam's latest report highlights the travesty of inequality and warns of dire and corrosive consequences to society.

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.

JSE chiefs’ pay hikes soar well above the tide of inflation

A report has shown that top executives at JSE-listed firms got salary increases well above inflation plus other perks last year.

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.

From Dainfern to Diepsloot: A short trip across SA’s wealth gap

The gap between the haves and have-nots is on the minds of low-income earning South Africans as they take to the polls.

Latest

Mbalula defends changing taxi operating times

Regulations for taxis have been relaxed over the last few days of the lockdown prompting criticism. Transport minister Fikile Mbalula however, has defended the decision

A week in lockdown: SA Covid-19 cases at 1 505

The health department says it is awaiting confirmation on whether two deaths in Kwazulu-Natal are related to the coronavirus disease

Lockdown heroes feed hungry kids

Feeding schemes inundated with requests to assist during Covid-19 lockdown

Press Releases

New energy mix on the cards

REI4P already has and will continue to yield thousands of employment opportunities

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders