Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Rushdie’s condition is not immediately known
The gender pay gap has shrunk dramatically, especially among low paid workers since the end of apartheid but women at the top still face discrimination, a study by a University of Cape Town researcher has found.
In 1997, at the bottom end of the earnings spectrum, men earned 60% more than women. By 2014 this had diminished to 7%, said economist Jacqueline Mosomi in a paper based on her PhD thesis, published by the UN’s University World Institute for Development Economics Research.
The change is mostly attributable to the implementation of new minimum wages. Minimum wages for domestic and farm workers were introduced in November 2002. Women have also had better access to education since democracy, and marriage and fertility rates have declined.
“In general, in SA gender wage inequality was high because there were more women in low-paying occupations. There has been a substantial decline due to the implementation of minimum wages,” said Mosomi.
But at the top, despite having more y...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.