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Black people are better off now

The Citizen

|

November 22, 2024

The results of joint research by Unisa and the Momentum group are bound to stir up a hornet's nest of controversy, not in the least among politicians who harp on about our country being dominated by wealthy white people.

The reality is that, according to the research report, black Africans own almost 60% of the household wealth and two-thirds of household assets in South Africa. Whites, by comparison, hold 32.2% of household wealth and 19.7% of household assets.

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