By Khanyisa Tabata
26 November 2009
The South African Institute of Race Relations have found that the distribution of wealth in the country is now more unequal than a decade ago.
Researcher Kervin Lebone says the development may be an unintended consequence of black economic empowerment and employment equity policies.
The trend is revealed in the so-called Gini measure, which measures the level of wealth distribution.
Zero represents perfect equality, while a score of one represents perfect inequality.
Most developed countries have scores of between 0.20 and 0.40.
It has increased over the past decade from point-64 to point-66 in South Africa.
In South Africa, most racial groups saw their Gini scores increase over the past 10 years, meaning that the distribution of wealth has become more unequal.
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