wealth gaplatest news & developments
The handover of the G20 presidency to the United States will occur on Tuesday at the Department of International Relations offices. (GCIS)

G20 presidency handover to the US set for Tuesday, Dirco director general Zane Dangor says

Dangor said the US argument that if one G20 member was absent from the leaders summit, then there could be no consensus, had been voted down

  • Eyaaz
3 min read
WTO director general Ngozi Okonjo-Iweala and President Cyril Ramaphosa. (X)

‘World not doing tit for tat with US,’ WTO head says at G20 summit

Director general Ngozi Okonjo-Iweala said South Africa’s G20 presidency highlighted the importance of trade within WTO rules and reforming the system through local mineral beneficiation

  • Eyaaz
3 min read
The G20 leaders summit was held in South Africa last week. (GCIS)

‘G20 declaration future-proofed, despite US non-participation’, says South Africa’s presidency

Presidency spokesperson Vincent Magwenya said countries understood ‘that there’s a bilateral issue between South Africa and the US, but that must not, in any shape or form, undermine or imperil the work of the G20’

  • Eyaaz
3 min read
President Cyril Ramaphosa. (GCIS)

Ramaphosa launches G20 panel to address extreme global inequality

The panel, chaired by Nobel prize-winner economist Joseph Stiglitz, will produce recommendations to help bridge the rich-poor divide

  • Eyaaz
4 min read
Retirement is the test of saving

Closing the gender wealth gap needs systemic change — but women must also act

South African women face a wider wealth gap than global average, retiring with 71% of men’s wealth due to unequal pay, lower employment and care breaks

4 min read