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%

Letters to the editor: February 3 to 9 2017

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

​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.

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.

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.

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.

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.

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.

Growing wealth helps SA make both ends “meat”

The way South Africans are eating has changed drastically as their pockets have deepened.

Latest

Stranded commuters say Ramaphosa’s rail promises ring hollow

Cape Town’s largest passenger rail line has been closed for months, hitting people’s pockets and adding to road traffic congestion

Focus on FW de Klerk distracted attention from the troubling state of the nation

Some political analysts say President Cyril Ramaphosa is taking too long to mend the country, others says it is the ANC itself that must be fixed

Eastern Cape MEC orders graft investigation after two workers killed at troubled district municipality

The killing of two council workers at the Amathole district municipality appears to be linked to tender fraud and corruption

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it