Zürcher Nachrichten - Unequal South Africa seeks to tackle inequality as its G20 'legacy'

EUR -
AED 4.278799
AFN 77.332466
ALL 96.575617
AMD 445.1876
ANG 2.085576
AOA 1068.388216
ARS 1684.735918
AUD 1.75613
AWG 2.09862
AZN 1.984015
BAM 1.955298
BBD 2.351906
BDT 142.873314
BGN 1.955951
BHD 0.439244
BIF 3450.13256
BMD 1.165091
BND 1.512264
BOB 8.068928
BRL 6.18139
BSD 1.167705
BTN 104.895516
BWP 15.51395
BYN 3.380546
BYR 22835.780461
BZD 2.348507
CAD 1.624445
CDF 2598.152383
CHF 0.935795
CLF 0.027249
CLP 1068.972737
CNY 8.239114
CNH 8.235468
COP 4423.838268
CRC 572.550529
CUC 1.165091
CUP 30.874907
CVE 110.236695
CZK 24.215228
DJF 207.947498
DKK 7.468599
DOP 74.200629
DZD 151.573688
EGP 55.422094
ERN 17.476363
ETB 182.080866
FJD 2.631882
FKP 0.872491
GBP 0.87341
GEL 3.139877
GGP 0.872491
GHS 13.301585
GIP 0.872491
GMD 85.051785
GNF 10146.786517
GTQ 8.944742
GYD 244.307269
HKD 9.07004
HNL 30.745973
HRK 7.537941
HTG 152.955977
HUF 381.927241
IDR 19422.821609
ILS 3.76036
IMP 0.872491
INR 104.791181
IQD 1529.71378
IRR 49079.451231
ISK 149.003201
JEP 0.872491
JMD 187.141145
JOD 0.82607
JPY 180.711448
KES 150.704566
KGS 101.886647
KHR 4676.939601
KMF 491.66861
KPW 1048.573823
KRW 1715.887947
KWD 0.35759
KYD 0.973154
KZT 590.220982
LAK 25331.604319
LBP 104570.198293
LKR 360.448994
LRD 206.107962
LSL 19.822595
LTL 3.44021
LVL 0.704752
LYD 6.347397
MAD 10.774234
MDL 19.862985
MGA 5193.64414
MKD 61.624177
MMK 2446.620372
MNT 4131.997126
MOP 9.362236
MRU 46.266921
MUR 53.675364
MVR 17.954132
MWK 2024.871384
MXN 21.185039
MYR 4.789718
MZN 74.447687
NAD 19.822595
NGN 1690.547045
NIO 42.970442
NOK 11.774198
NPR 167.831186
NZD 2.017279
OMR 0.448002
PAB 1.1678
PEN 3.926892
PGK 4.952877
PHP 68.813177
PKR 329.883811
PLN 4.230421
PYG 8097.955442
QAR 4.268104
RON 5.093784
RSD 117.405001
RUB 89.428762
RWF 1699.056442
SAR 4.372624
SBD 9.581501
SCR 15.83572
SDG 700.739077
SEK 10.962357
SGD 1.508886
SHP 0.87412
SLE 26.796781
SLL 24431.370198
SOS 666.226074
SRD 45.023191
STD 24115.028075
STN 24.494657
SVC 10.21742
SYP 12883.858981
SZL 19.816827
THB 37.09708
TJS 10.731491
TMT 4.077818
TND 3.427635
TOP 2.805259
TRY 49.532165
TTD 7.917001
TWD 36.455959
TZS 2842.8212
UAH 49.235746
UGX 4139.936989
USD 1.165091
UYU 45.74845
UZS 13910.428222
VES 289.625154
VND 30711.794538
VUV 142.222766
WST 3.250779
XAF 655.7858
XAG 0.020016
XAU 0.000276
XCD 3.148716
XCG 2.104569
XDR 0.815587
XOF 655.791427
XPF 119.331742
YER 277.75676
ZAR 19.715959
ZMK 10487.212054
ZMW 26.828226
ZWL 375.158775
  • RELX

    0.1800

    40.73

    +0.44%

  • NGG

    0.1200

    76.04

    +0.16%

  • CMSC

    0.0400

    23.48

    +0.17%

  • RBGPF

    0.0000

    78.35

    0%

  • RIO

    -0.2600

    73.49

    -0.35%

  • GSK

    -0.0950

    48.49

    -0.2%

  • SCS

    -0.0350

    16.19

    -0.22%

  • BTI

    -0.8000

    57.24

    -1.4%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • AZN

    1.0000

    91.03

    +1.1%

  • VOD

    -0.1280

    12.505

    -1.02%

  • BCE

    0.1600

    23.38

    +0.68%

  • BP

    -0.9500

    36.29

    -2.62%

  • BCC

    -0.8950

    73.43

    -1.22%

  • JRI

    0.0201

    13.76

    +0.15%

  • CMSD

    -0.0554

    23.2845

    -0.24%

Unequal South Africa seeks to tackle inequality as its G20 'legacy'
Unequal South Africa seeks to tackle inequality as its G20 'legacy' / Photo: EMMANUEL CROSET - AFP

Unequal South Africa seeks to tackle inequality as its G20 'legacy'

From the scrappy metal shacks packed tightly on the banks of the thin Jukskei river, the sparkly skyline of Johannesburg's richest neighbourhood less than two miles away was another world.

Text size:

Bags of refuse for sale to recycling companies lined a muddy path to a vegetable garden tended by residents of the informal settlement at the foot of the high-rises of Sandton, South Africa's economic hub.

A light powered by a makeshift electrical connection shone at the doorway of the rusted shack where Bryan lived with his wife and nine-year-old son.

"Here in Sandton, there are a lot of people and companies that have money," said the 34-year-old security guard, who would only give his first name for fear of losing his job.

But, "we don't have access", he said with a shrug, a cigarette in his hand.

The backdrop of skyscrapers and shiny office towers was a stark reminder of the gulf separating rich and poor in South Africa, which the World Bank ranks as the most unequal country on the planet.

- 'We need it the most' -

With leaders from the Group of 20 of the world's most powerful economies convening in Johannesburg this weekend, President Cyril Ramaphosa has made the fight against inequality a priority for the summit and pushed for it to be a "legacy" of the first African-hosted G20.

He appointed an expert task force led by Nobel Prize-winning economist Joseph Stiglitz to report to the summit and put his weight behind its recommendation to create a panel to tackle extreme wealth disparities and modelled on the UN's Intergovernmental Panel on Climate Change (IPCC).

"South Africa is owning up to its status as the most unequal country in the world and is keen to use the springboard of the G20 to tackle that," said Isobel Frye, G20 senior policy adviser at Oxfam.

"The fact that it is something that South Africa owns and claims, in a way, gives it greater impetus," she told AFP.

The Stiglitz report found that the world's richest one percent captured 41 percent of all new wealth between 2000 and 2024.

In contrast, just one percent went to the poorest 50 percent, it said.

In South Africa, according to the University of Witwatersrand, the top 0.1 percent owned over a quarter of wealth.

Frye said this was a legacy of colonialism and apartheid.

Unemployment of nearly 32 percent and extreme wage inequality further drove the disparity, she said, with almost one in four households depending on government grants of R500 ($29) a month as their main source of income.

The bus fare to the public school where Bryan sends his son -- in Alexandra, one of Johannesburg's roughest townships -- is about R400 per month ($23).

Just a stone's throw away in Sandton, fees for private schools exceed $10,000 a year.

Bryan hoped his son would one day find a job better than that of his own grandfather, a farmworker, and his father, a gardener.

- 'Opt out'-

Standing out in the business district towering over Bryan's shack is a grandiose, oval-shaped tower called The Marc, its black-and-gold facade reflecting the sunlight.

Inside were luxury shops and restaurants, and an advertising board proclaiming that the entire street was powered by the building's generator, ensuring patrons would "never be left in the dark" by South Africa's patchy electricity supply.

The informal settlement where Bryan lived with his family was not visible from the golden building and had none of these services.

Residents had pooled money to build a shared toilet, he said. "We do everything ourselves."

Asked about the looming G20 summit, he said: "The billionaires that are coming here, I don't think they will do something better for us."

According to Frye, tackling inequalities was essential to ensure the good functioning of democracy.

"If the rich are not taxed fairly, they opt out of democracy," she said.

"We can see that in South Africa: you buy your medical aid, your private education, your security," Frye said. "And so it doesn't matter to you, because you're not part of the system."

F.E.Ackermann--NZN