Luke Fraser – 22 Jun 2024
South Africa has the worst income inequality in the world, with the disparity between the top and bottom earners widening since the end of apartheid.
According to Imraan Valodia, the Director of the Southern Centre for Inequality Studies at Wits, when looking at wealth in the country, the top 0.01% of people – just 3,500 individuals – own about 15% of all of the wealth in South Africa…