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Ramaphosa urges global mechanism to tackle inequality in SA

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By Akani Nkuna

President Cyril Ramaphosa has called for the creation of “institutionalised mechanisms” to combat inequality in South Africa and across the world, saying the issue must take centre stage in high-level global discussions for the damage it continues to inflict on societies.

“We will be seeking the support of G20 members and partner countries within the G20 architecture to set up the necessary structures,” Ramaphosa said.

“We want to institutionalise a mechanism that will start addressing inequality, just as the UN institutionalised mechanisms to deal with climate change. The UN has already been informed about this report.”

Ramaphosa was speaking at Tuynhuys on Tuesday, where he and Nobel laureate Professor Joseph Stiglitz received the G20 Inequality Committee Report on global inequalities — the first of its kind to be presented to the upcoming G20 Summit to be held in Johannesburg later this month.

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