SA has grown black middle class but wealth gap unchanged since apartheid — report

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While blacks have outnumbered whites in the richest 10% of the population for about seven years, the gap between SA’s richest and poorest hasn’t narrowed.

Most South Africans still suffer from a woeful education system that leaves them ill prepared for jobs. File imageThe social architecture formed over more than three centuries of white rule has maintained SA’s position as the world’s most unequal society, according to the Thomas Piketty-backed World Inequality Lab.

While blacks have outnumbered whites in the richest 10% of the population for about 7 years, the gap between SA’s richest and poorest hasn’t narrowed. Yet, most South Africans still suffer from a woeful education system that leaves them ill prepared for jobs, while townships, built for blacks during apartheid, leave them far away from workplaces.

 

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Or maybe, this might seem radical, but maybe focus on education first before trying to get adults that dropped out of primary school to run a business.

Wow, please tag a few of the rich people

This is not true it's a PR stunt

This is a very, very stupid tweet.

🤣🤣🤣🤣🤣🤣🤣🤣 a joke my darling

UrbanLo The so-called black middle class, is NOT the so-called black majority classless. Classist Capitalism is unsustainable, and life-destroying to the majority black-classified people.

That is because the South African middle class keeps piling the money back into wealthy brands, property & businesses so its obvious! DUH!

Amazing it's obviously also reflecting the difference between responsibility, accountability and discipline versus depending on the government to think for and finance some people's lives.

A lot of unemployed journalists sitting at home that you would use and pay to do accurate stats for you. DM for contacts!!!

What yardstick did they use to arrive at these stats?

Really. But why are blacks not owning and running any businesses or industries though.

And we still have the WMC crowds thinking the white people have all the money. That gap between rich and poor will get even wider because the MYANC only look after cadres and BBE pals, the poor, black and white does not benefit.

Why don’t the blacks start their own businesses and employ blacks. Stop using white businesses for BEE gains and subcontracting. You and try.

SubiBuseko you see them

Corruption knows no racial barriers and is inevitable. There is no growing black middle classĺ, the very rich always extort the services of the very poor to make money. We shouldn't use race as a strategy to fight poverty. This opens the door to unfair tenders and corruption

We were named the most unequal society in the world abour 2 years ago. Please stop.

stop putting up stats that are not skewed and out of context -majority of our African people are unemployed due to poor governance there are no jobs. you got to segment this by race age etc....and prove the numbers properly. its gotten worse for black people, so it cannot be same

CAN YOU STOP REFERRING TO PEOPLE AS “BLACKS”? A fucking news paper.

10% of the population makes R7000 a month, 7K a month is rich 😅😂

Keep in mind, I’m not to sure but I believe 2% of the population makes over R20,000. The richest 10% is R7000.

Black people are still leaving from hand to mouth, the fewer rich one's can't addord to feed us all.

Gas lighting disadvantaged people who are, for the most part still the poorest in the country is….yeah

Black are just the frontier for white

Not supprizing as Billions of public money just dissapears here

the economy size gdp per capita in usd near zero .. :: growth required ... in real terms per capita in usd

Who cares about the gap... I say we need more rich folks

Tenderpreneurs have crippled this economy, largely because of incomplete work, lack of knowledge, greed, incompetence and state capture tendencies... ANC elite has failed on their promises, almost 30 years of only looting no progress economically only handouts of destruction

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