Hilary Joffe Columnist

Just as the Gini coefficient for individuals shows SA is one of the world’s most unequal countries, a Gini of sorts can also be computed for companies. And there, too, the inequality gap is huge and probably widening.

It’s a phenomenon Citi economist Gina Schoeman pointed to in a presentation this week, in which she argued that corporate profitability in SA had fallen through the floor in the eight quarters to the end of 2016. However, while small and medium-sized firms were still struggling to weather the storm, the "super giants" were now doing even better.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.