SA’s black middle class still challenged

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Picture: forsa.org.za
South Africa’s so called “black diamonds” will be headed towards retirement in the next two decades. A study by UCT’s Liberty Institute of Strategic Marketing found that there was a massive asset catch-up amidst the black middle class since 1994. There’s also an attempt to overcome the economic struggles of their parents and retire comfortably. For more on this research, NRA spoke to the study’s co-author, and Head of projects at the UCT Liberty Institute of Strategic Marketing, Dr James Lappeman

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