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REVELATIONS: ECONOMIC DISPARITIES

This article explores the lingering economic disparities in post-apartheid South Africa, emphasizing the Gini coefficient by population group as a critical measure of inequality. It discusses various UN Millennium Development Goals aimed at alleviating poverty and promoting education and gender equality. The article highlights government programs like the Reconstruction and Development Program (RDP) and Broad-Based Black Economic Empowerment (BBBEE), along with the role of corporations and NGOs in bridging the inequality gap. A holistic approach is suggested for sustainable progress.

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REVELATIONS: ECONOMIC DISPARITIES

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  1. REVELATIONS: ECONOMIC DISPARITIES

  2. Economic Disparities in Post-Apartheid SA

  3. Gini Coefficient by Population Group Source: HSRC 2004

  4. Inequality: Selected Social Indicators

  5. UN Millennium Development Goals • Eradicate extreme poverty and hunger. • Halve the proportion of people living on less than a dollar a day and those who suffer from hunger by 2015. • Achieve universal primary education. • Promote gender equality and empower women. • Reduce child mortality. • Combat HIV/AIDS, malaria and other diseases. • By 2015, reduce by half the proportion of people without access to safe drinking water. • By 2020 achieve significant improvement in the lives of at least 100 million slum dwellers. • Develop global partnerships for development.

  6. Govt. Programs to Restore Equity • Emphasis on fiscal prudence, accountability, transparency • Programs for Equity • Reconstruction & Development Program (RDP) • Growth with Employment And Redistribution (GEAR) • Joint Initiative on Priority Skills Acquisition (JIPSA) • Accelerated and Shared Growth-South Africa (ASGISA) • Black Economic Empowerment (BEE) • Broad-Based Black Economic Empowerment (BBBEE)

  7. RDP Houses

  8. RDP Houses

  9. RDP Houses Constructed

  10. Conclusion • Corporations/MNCs use their resources to address persisting inequalities beyond the normal functioning of their businesses. • Help in rebuilding South Africa/Social responsibility • Improve wages and related social benefits, and • Provide training and education programs for blacks, even those not employed by them. • Ongoing tensions between the social and economic imperative of the profitability of enterprises. • Form partnerships with global financial orgs, investors, non-profits (NGO’s)…all hands on deck

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