|Tackling inequality in Uganda entails a comprehensive development framework that puts people’s participation in the economic growth process at the centre. People must be viewed as agents of economic growth and transformation and not passive recipients of social services and/or handouts from either development partners or their own government|
Structural poverty, exacerbated by falling employment, has dogged South Africa since 1994. Subsequently unemployment has officially increased from around one fifth of the active workforce, to a quarter today. The unofficial “expanded” and probably more realistic level of unemployment is closer to 40%. This issue, more than any other, threatens the fundamental stability of our nation.
Angola’s growing middle-class has opened up prospects for investment in the highest real estate segment as supply is insufficient to meet the market’s needs and is focused on the highest segments in Luanda.
Inequality is not only the income gap between the rich and poor. It entails differences in access to education, health, access and enjoyment of political rights and representation.
There are three foundational issues that need to be understood for a debate on inequality to be useful. First, there is the distinction between poverty and inequality. These are distinct but related concepts. Poverty entails the inability of a person to afford the basic needs for living. It is therefore a measure of the levels of well-being seen from the perspective of a pre-defined threshold, the so-called poverty line. Inequality entails the differences in well-being, that is, how distinct are two people or families, one from the other, whether poor or rich.
Secondly, inequality does not just mean the income gap between the rich and poor. It entails differences in access to education, health, access and enjoyment of political rights and representation.