Personal income distribution remains skewed in SA: Research - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Bureau of Market Research shows that personal income distribution in South Africa remains skewed. Research shows that 75% of the adult population in SA earns below R5 800 per month and 3.8% of the adult population earns more than R48 000 per month.

A man seen punching in punching in credit card details.personal income distribution in South Africa largely remains skewedThe market research shows that 75% of the adult population in the country earns below R5 800 per month, while only 3.8% of the adult population earns more than R48 000 per month.

The research further shows that 13% of the adult population relies mainly on grants as a cash flow income source. “So, for 2021, cash flow income recorded a total income of R4,4 trillion, and unfortunately we are one of the most skewed income countries in the world. Some of the very disheartening income statistics are that 75% of our adult population, so those are once again 15 years old and above, earned below approximately R5800 per month. It is estimated that only 3.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vote counting underway in Kenya - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.ICYMI: The counting of votes has begun in Kenya following the end of the voting process. Millions of Kenyans went to the polls on Tuesday to elect fresh representatives including the President.
Source: SABCNews - 🏆 37. / 51 Read more »

Five killed in Mpumalanga crash - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Police are investigating the cause of a crash in which five people were killed on the N4 toll road near Ngodwana in Mpumalanga this morning. Traffic officials say the crash involved three vehicles. roadsafety I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
Source: SABCNews - 🏆 37. / 51 Read more »