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flag South Africa, using its G20 presidency, launched a global task force to tackle wealth inequality, led by Nobel economist Joseph Stiglitz.

flag South Africa, the world’s most unequal nation, is using its G20 presidency to spotlight systemic economic disparities, with President Cyril Ramaphosa launching a task force led by Nobel economist Joseph Stiglitz to propose global solutions, including a wealth inequality panel modeled on the IPCC. flag The summit in Johannesburg highlights stark contrasts between affluent areas and impoverished informal settlements, where high unemployment and limited access to services persist. flag Despite promises of reform, many residents remain skeptical, citing entrenched inequality rooted in apartheid and colonialism. flag Experts stress that tax fairness and inclusive systems are essential to strengthen democracy and ensure lasting change.

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