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The coronavirus lockdown contributed to the growth of the informal settlement and its symbiotic relationship with the formal economy.

Both South Africa and the United States wrestle with severe inequality, polarization, and the corrosion of democratic institutions. South Africa’s experiences provide important lessons for the United States’ own governance challenges.

The Global Economic Affairs workshop is being attended by economic policy researchers, scholars, policymakers, non-state actors & economists.

705 Nearly 50 per cent of Ghanaians have lost their household’s main source of income to the coronavirus (COVID-19) disease which broke out in the country in March last year, a new survey has established. According to the survey, the COVID-19 impact was acutely felt — more Ghanaians reported a decline in household income since the start of the pandemic, and an alarming percentage also lost their household’s main income sources, which in most cases were derived from the labour market. The survey The survey was conducted by researchers from the United Nations University World Institute of...

Bourgeois blues But fiscal austerity may make it poorer T HE HEADY years after apartheid gave rise to what advertisers and the press called “black diamonds”. Portrayals of newly rich black South Africans were often crass, highlighting their flashy cars and fancy homes that had been out of reach in the era of white rule. Many of the gaudiest examples involved people close to the ruling African National Congress ( ANC). In 2010 Kenny Kunene, a businessman and convicted fraudster who later starred in “So What: Big Money, Big Dreams”, a TV show, was criticised for spending 700,000 rand (...