Inequality: SA’s vanishing middle class
Everyone knows inequality in SA is crippling. But what new research shows is that the wealthiest South Africans are doing just fine – the middle class and the poor are the ones taking a beating
It is widely accepted that SA’s persistently high levels of inequality are not only unsustainable, they also curb the country’s growth potential.
Yet despite well-targeted government policies, inequality has remained sky-high. Over the past decade, progress to reverse inequality has, it would seem, effectively stalled.