An analysis of policies that address income inequality in South Africa (original) (raw)

Journal of Contemporary Management

Abstract

The article explores the policies that have been promulgated in South Africa post-democracy to address the issue of income inequality. These policies include the National Norms and Standards for School Funding Policy (NNSSF), and the Employment Equity Act 47 of 2013 as amended. South Africa has been found to be one of the most unequal countries in the world because of the cohabitation of the first and third economies. On the one hand, the NNSSF policy aims to address income inequality by correcting the legacy of apartheid in the schooling system. On the other hand, the Employment Equity Act intends to amongst other things correct disparities in income. The article relies on a qualitative methodology. The findings reveal that despite the various policies that have been promulgated, the results do not reflect what the policies intended to achieve. As a result, inequalities are still rampant and the majority of the citizens are languishing in abject poverty. The article concludes with a framework that highlights the key prerequisites that need to be in place in order to address income inequalities.

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