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According to the National Treasury of South Africa, "the CSG is now one of the largest social assistance programmes in post-apartheid South Africa reaching 11.2 million children in 2012–13, i.e., approximately 59 per cent of children." [8] The government expenditure on CSG accounted for 3.4 per cent of GDP in 2014. [8]
In 2020, South Africa's GINI coefficient was 62.73, the highest of any country, indicating a high-level of income inequality. [5] The top 20% of South Africa's population holds 70% of all income earned by the country, with this group consisting mainly of White South Africans. [6]
The National Health Insurance Act, 2023 (Act No. 20 of 2023) is an act of the Parliament of South Africa, which establishes a South African national health insurance system, commonly referred to as NHI, with the aim of "pooling public revenue in order to actively and strategically purchase health care services" and creating a "single framework throughout the Republic for the public funding and ...
In 2017, South Africa spent 8.1% of GDP on health care, or US$499.2 per capita. Of that, approximately 42% was government expenditure. [2] About 79% of doctors work in the private sector. [3] On May 15, 2024, President Cyril Ramaphosa signed the National Health Insurance bill. [4]
This is an accepted version of this page This is the latest accepted revision, reviewed on 9 January 2025. South African system of racial separation This article is about apartheid in South Africa. For apartheid as defined in international law, see Crime of apartheid. For other uses, see Apartheid (disambiguation). This article may be too long to read and navigate comfortably. Consider ...
In Brazil's case, its Gini coefficient decreased from 59.3 in 2001 to 53.1 in 2011; this is double the rate of South Africa. [ 4 ] The top 20% of the population in most countries holds a median of 47% of the income, whereas in South Africa, the top 20% of the population holds nearly 70% of the income.
The Native Laws Amendment Act, 1952 (Act No. 54 of 1952, subsequently renamed the Bantu Laws Amendment Act, 1952 and the Black Laws Amendment Act, 1952), formed part of the apartheid system of racial segregation in South Africa. It amended section 10 of the Group Areas Act. [1]
The long-term potential growth rate of South Africa under the current policy environment has been estimated at 3.5%. [53] Per capita GDP growth has proved mediocre, though improving, growing by 1.6% a year from 1994 to 2009, and by 2.2% over the 2000–09 decade, [54] compared to world growth of 3.1% over the same period.