Mandela's legacy is innovation - engaging instruments of recovery, redress

The 18th Nelson Mandela Annual Lecture by UN secretary-general Antonio Guterres was sobering. Even in the wake of an unprecedented global pandemic, combined with the most difficult economic outlook since the height of the Great Depression, our greatest challenge in 2020 is inequality. It is significant to note that using the Gini coefficient as a measure of income inequality, South Africa is the second most unequal society in the world, behind Lesotho. The richest 10% of South Africans own 71% of the wealth, while the poorest 60% own only 7%. This income inequality is further segmented on the basis of race, gender, ethnicity, urban vs rural location and levels of disability. This is the core of our current adversity.
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