REVELATIONS: ECONOMIC DISPARITIES

ECONOMIC DISPARITIES IN POST-APARTHEID SA

GINI COEFFICIENT BY POPULATION GROUP

1991 1996 2001

6266

72

4650

60

5256

64

4952

60

68 69

77

African White Colored Asian Overall

Source: HSRC 2004

0

20

40

60

80

100

120

54

67

50

18

61

4133

51

14

37

65 66

23

38

23

72

84

38

10

70

84

41

5.4

17

97 99

74

7

76

90

60

16

97 99

85

Blacks 'Coloreds' Asians Whites

Source: DOJ & CD 1997

INEQUALITY: SELECTED SOCIAL INDICATORS

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.

GOVT. PROGRAMS TO RESTORE EQUITYEmphasis on fiscal prudence, accountability,

transparencyPrograms 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)

RDP HOUSES

RDP HOUSES

RDP HOUSES CONSTRUCTED

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