Tag: Income

Black South Africans climb income ladder as unemployment hits lowest since 2020

Over the past three decades, a growing number of Black South African households have moved into higher income brackets. A University of Cape Town study by the Liberty Institute of Strategic Marketing shows that the share of Black households earning more than R75,000 ($4,672) per month rose to 41 percent in 2024, up from 29 percent in 2012. In the…

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