Ramaphosa Slams ‘Global Inequality’ Amid Rising Tensions With Trump, Musk | Firstpost Africa | N18G
Speaking at the Global Inequality Dialogue in Johannesburg, South African President Cyril Ramaphosa issued a stark warning regarding a ‘global inequality emergency.’ Citing a report from the Extraordinary Committee of Independent Experts, Ramaphosa highlighted the staggering divide where the richest 1% captured 41% of new wealth between 2000 and 2024, while the bottom half saw just 1%. The President called for a radical overhaul of international financial and political systems, including the UN Security Council, to better serve developing nations. This defiant stance comes as Pretoria faces a multi-front pressure campaign. Since returning to power, US President Donald Trump has targeted South Africa with 30% tariff, the expulsion of its ambassador, and a ban from the upcoming G20 summit in Miami. Simultaneously, Pretoria is locked in a standoff with Elon Musk over Starlink’s licensing.---
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