The government has expressed disappointment with its track record of transforming the country after a World Bank report showed that inequality has deepened since the dawn of democracy, with the country being the most unequal society.
The results of the probe, which assessed poverty and inequality from 1994 to 2015, revealed that only one in four South Africans could currently be stably considered as either middle class or upwards in terms of means.
Presented on Tuesday to Minister for Planning, Monitoring and Evaluation Nkosazana Dlamini Zuma, the report was commissioned in 2016 as a collaborative initiative by the bank and the country’s institutions, including Statistics SA. ….more