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You are here: Home / News / How South Africa’s poor continue paying for the privileges of the rich | SA News

How South Africa’s poor continue paying for the privileges of the rich | SA News

25 June 2025 by Guest

It is South Africa’s political-economic structure, its ‘relations of power’, that need transformation, if the objective is to reverse our shameful poverty, unemployment and inequality. This transformation begins with the rejection of what has shaped the fundamentals of our economy since 1994 – neoliberalism.

The poor continue to be the constant losers regardless of the specific crisis afflicting the economy at any time. Some 20 years ago, for instance, the collapse of the rand against the US dollar, British pound and the EU’s euro was offered as part of the explanation why most people were experiencing economic…

Business Day: A leading financial newspaper that provides insights into the South
African economy and business landscape.

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Comments

  1. cosmic presence

    25 June 2025 at 10:51 am

    Jislaaik – an expression of surprise [yis-liike] This is usually said when trying to express surprise or wonder.Example: “Jislaaik, you gave me a fright!”

  2. Bad Beret

    25 June 2025 at 9:57 am

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