Throughout South Africa's early history as Dutch (Orange Free State) and British (Cape) colonies, native Africans were discriminated against. Slavery was formally abolished throughout the British Empire in 1833, but indentured servitude persisted for decades. Even in 1936, nearly all non-whites were effectively banned from voting in South Africa. This discrimination grew worse after the National Party came to power in 1948.
The government's apartheid laws enforced political and social separation of the country's racial groups. Apartheid discriminated against non-whites, who were forced into slums on the edge of towns, pushed into menial jobs, and had inferior schools and hospitals. Millions were stripped of South African citizenship and moved to tiny "homelands", or Bantustans. The backlash led to a growing civil rights movement, spearheaded by the African National Congress (ANC).
Fearing the ANC's growing popularity, the government in Pretoria arrested its leaders, including Nelson Mandela. Mandela was acquitted of high treason in 1961, but convicted at a later trial in 1962. His five-year sentence was raised to life imprisonment in June 1964, after another trial on separate charges. He spent 27 years on Robben Island, before being released after huge global pressure in 1990.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Mandela was elected president in South Africa's first multi-racial elections four years later. In office, he combined modest redistribution with pro-business policies and national reconciliation. However, while the per-head incomes of black South Africans (around 80% of the population) have gone up by 169% in the last decade, they are still a sixth of those of whites.
-
M&S and Tesco among those warning of a £7bn Budget hitSeventy-nine UK retailers have written to Chancellor Rachel Reeves about possible price rises and job cuts - here is what it means
-
How much does it cost to move home under the Labour government?Home-moving costs are rising and could get more expensive once stamp duty thresholds drop in April 2025
