SA household wealth decreased in the second quarter of the year after a fall in financial assets, triggered by fears of an economic recession in big economies, the latest Momentum-Unisa household wealth index reads.
According to the index, SA household wealth decreased by an estimated R1.23-trillion to R15.75-trillion in the second quarter from R16.98-trillion in the first quarter...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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