Introduction to the Wealth Divide in South Africa South Africa is characterized by a stark economic landscape where stark wealth disparities exist alongside a highly developed financial market. Despite being one of the continent’s most advanced economies, the divide between the affluent and those living in poverty is troublingly pronounced. This inequality has its roots … Read more
Understanding the Informal Economy in South Africa The informal economy in South Africa encompasses a diverse array of unregistered businesses and workers who operate outside the formal regulatory framework. This sector plays a crucial role in the nation’s economic landscape, contributing significantly to employment and livelihood opportunities, particularly in marginalized and underprivileged communities. Approximately 36% … Read more
Introduction to Inflation and Monetary Policies Inflation is defined as the sustained increase in the general price levels of goods and services in an economy over a period of time. It signifies a reduction in the purchasing power of money, leading to higher costs for consumers. Understanding inflation is crucial as it can significantly impact … Read more