South Africa In Need of ‘Dramatic’ Wealth Redistribution

Eighteen years after the end of apartheid, South Africa President Jacob Zuma said the country was in need of a “dramatic shift” in the distribution of wealth, which is still largely in the hands of whites.

While agreements on how much land and wealth whites could hold onto were crucial in the country’s much praised nonviolent transition to black majority rule, those agreements have resulted in the black majority having little access to the riches of the wealthiest nation on the African continent.

Zuma made his comments before a meeting of the ruling African National Congress, expressing his frustration at the slow pace of change in redistributing the country’s wealth to the poor. He said reforms needed to be made in land ownership and the benefits to the people from the vast revenues made by private mining firms profiting from the nation’s natural resources.

 

 

Independent journalism still matters.

We hope this story was worth your time. For over 14 years, Atlanta Black Star has stayed Black-owned and independently run. We didn't get here by waiting on ad budgets that were never built to prioritize us. Our readers did that.

Corporate support for Black media has always been thin. Outlets like ours get roughly 1% of the $170 billion spent on U.S. advertising each year, and that margin is shrinking further as advertisers walk back the DEI-linked commitments they made in 2020. That's the backdrop. It's not why we're asking.

The wider picture isn't any steadier. Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under, it's rarely the ones built to center a Black perspective from the ground up that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top