Deep inequalities – South Africa's income inequality is among the highest globally, as measured by the Gini index – and resistance to reforms from key stakeholders limit the government's room to adopt and implement structural reforms.
It was a bitter chapter in a long history of Morris Isaacson that dates back to 1896. That was the year the man himself landed in South Africa. Isaacson arrived from Lithuania, the Baltic state that yielded the majority of Jewish immigrants to South Africa. He made a name for himself in his adopted country as a trade unionist, businessman and philanthropist.