10% of South Africa's population earn around 60% of all income – BusinessTech

10% of South Africa's population earn around 60% of all income – BusinessTech


BusinessTech

10% of South Africa's population earn around 60% of all income
BusinessTech
New tax and survey data suggest that 10% of the South African population owns at least 90–95% of all assets. This share is much higher than in the advanced economies, where the richest 10% own “only” around 50-75% of all assets. Why does wealth matter …

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10% of South Africa's population earn around 60% of all income – BusinessTech