SA stands out as one of the most unequal countries in the world – StatsSA

Statistician-General Risenga Maluleke said South Africa stands out as one of the most unequal countries in the world by most inequality measures. African News Agency (ANA)
JOHANNESBURG – 
Statistics South Africa (StatsSA) said on Thursday that inequality in South Africa, as measured by the Palma ratio, was highest when compared to other BRICS and African countries despite various government policy interventions.
The Palma ratio is defined as the ratio of national income/expenditure shares of the top 10 percent of the population relative to the bottom 40 percent. 
In its Inequality Trends report, StatsSA said the labour market income was the largest contributor to income inequality when compared to other income sources, while remittances contributed the least. 

Source: iol.co.za