A World Bank report has again ranked South Africa as the most unequal society in the World Bank’s global poverty database.
South Africa is the most unequal country in the world, with “race” playing a key role in a society where 10% of the population owns more than 80% of the wealth, according to a World Bank report released Wednesday.
Meanwhile, The country’s neighbours that make up the rest of the Southern African Customs Union – Botswana, Eswatini, Lesotho and Namibia – established in 1910, all finish higher on the list of the most unequal countries in the world.
In Namibia, 70 percent of the 39.7 million hectares (98.1 million acres) of commercial agricultural land “still belong to Namibians of European descent”, the World Bank said.
