Kaya Breakfast engaged with Vuoykazi Futshane, from Oxfam South Africa, around the inequality in pay grades which still put black women at an unfair advantage.
New data from Oxfam South Africa shows that the average white, male CEO takes home as much as 461 black women from the bottom 10% of earners.
The South African arm of global NGO Oxfam, has released a report which reveals that South Africa has the highest gender inequality statistics in the world.
‘Reclaiming Power: Womxn’s Work and Income Inequality in South Africa’, reveals existing government policies have failed to reduce inequality because macroeconomic policies have entrenched rather than reduced the dominance of a handful of conglomerates based in finance, extractives and energy.
According to Oxfam, addressing the crisis of inequality in South Africa therefore needs to go much further than the labour market reforms, skills development policies and micro support for the informal sector that have been advocated by mainstream economists.
Disclaimer: The term womxn is used, especially in intersectional feminism, as an alternative spelling to woman to avoid the suggestion of sexism perceived in the sequences m-a-n and m-e-n, and to be inclusive of trans and nonbinary women. Source: dictionary.com