Black middle class grows to almost 3 million – study

2013-10-24 10:50

The black middle class has grown from 350 000 individuals in 1993 to almost three million last year.

This is according to a University of Stellenbosch study quoted in Joburg daily The Star today.

“While there is certainly room for improvement, data on the incomes and characteristics of South African households suggests that we are making steady progress,” said professor Hennie Kotze, the research fellow at the Centre for International and Comparative Politics at Stellenbosch University.

The study was conducted by university researchers over two years to look into South Africa’s current socioeconomic climate.

It showed that the black middle class was growing rapidly and that racial inequality had declined dramatically.

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