Nearly half the world lives on less than $5.50 a day: World Bank

2018-10-17 18:13

Despite progress in reducing extreme poverty, nearly half the world's population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies, the World Bank has said.

BEWARE THE ‘LOTTERY CURSE’

2018-10-06 09:00

IT’S a story of going from rags to riches – and then back to rags again.

Scrap metal yards: 'The people’s bank'

2018-09-26 06:17

As unemployment grows, scrap metal dealers have increased. By 08:00 people are queueing at scrap yards in Ekhurhuleni, bringing scrap metal to sell.

This shoe brand is selling R7597 taped-together sneakers - why it's a horrible idea

2018-09-21 14:21

“There are people in the world wearing plastic bags as shoes because they can’t afford any.”

Beat poverty by investing in young people - Bill and Melinda Gates

2018-09-18 20:56

Research from the Bill and Melinda Gates Foundation shows that part of reducing extreme poverty in Africa involves investment in the health and education of young people.

'Recession? Not so fast' - David Mabuza

2018-09-12 16:54

Deputy President David Mabuza told Members of Parliament in the National Assembly on Wednesday afternoon that South Africa was on the cusp of recovering from the economic difficulties that triggered the latest technical recession.

Living life below the breadline

2018-08-19 10:09

Noluvuyo Jukucwana (33) and her husband Mnoneleli (42) depend on the child support grants they receive for their five children to make ends meet.

Safe Space officially opens its doors for Cape Town's homeless

2018-07-18 14:05

The City of Cape Town has officially launched a Safe Space for homeless people, aimed at addressing the shortage of bed space at shelters and providing access to health services.

Brace for more pain: Price increases push poor to cut back on food purchases

2018-07-15 06:01

Increases in VAT, and the prices of petrol and electricity, will push poor households to cut back even more on their food purchases, writes Sizwe Sama Yende.

Radical economic transformation of State only way to eradicate inequality

2018-06-26 08:55

The surest way to ameliorate inequality is radical economic transformation – if by that one means that the three levels of government, entire bureaucracy and state-owned companies is radically transformed, writes Max du Preez.

 

Rounda initiative to use 'small change' to tackle poverty in SA

2018-10-10 10:48

An ambitious initiative by the Nikela Charity Funding and Development Trust wants to get all South Africans to contribute to social upliftment in the country, R1 at a time.

Drone photos of Mumbai reveal the places where extreme poverty meets extreme wealth

2018-10-02 16:44

There is a stark contrast between crammed single-story dwellings and high-rises.

Survey of 104 countries says 1.3 billion live in poverty

2018-09-21 18:13

A survey of 104 countries comprising 5.5 billion people that looked at health, education and living standards has found that some 1.3 billion people are living in poverty – including 662 million children.

The Gates Foundation says a wave of progress rippling through China and India could slash poverty in Africa — if women lead the way

2018-09-19 10:40

Now, some of the foundation's health focus is shifting to baby-making.

7 things Treasury, Parliament must consider as they expand the list of zero-VAT items

2018-09-13 05:45

This year's increase in the VAT rate is the cost poor South Africans are paying for State Capture, Parliament's oversight committee on finance has heard.

MUM SELLS BABY, BUYS CELLPHONE

2018-09-01 06:55

A DESPERATE mum who sold her six-week-old baby bust herself after confessing all to her pastor.

World Bank: Contributory pension fund could help SA's poor

2018-08-14 19:17

The World Bank has proposed a contributory pension fund, as a way to redistribute wealth and help SA's poor acquire financial assets.

High food prices and VAT causing Cyril Ramaphosa to feel the pressure

2018-07-15 10:04

Legislative limitations are proving a difficulty in coming up with workable solutions to mitigate the tough economic situation.

The struggle to escape poverty as commuters hit by taxi fare hike

2018-07-05 06:17

Vincent Madlopha, who spends R820 per week getting to and from work in Durban, says he no longer sends money to his mother in Mpumalanga because of the hefty taxi fares.

Can new leaders change our fortunes?

2018-06-24 10:16

Shifting political power carries risk, and it remains to be seen if we’ll benefit, writes Moeletsi Mbeki.

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