[LISTEN] What does it mean to be ‘middle class’ in SA today?
The Money Show’s Bruce Whitfield interviewed professor Murray Leibbrandt of the School of Economics at the University of Cape Town.
CAPE TOWN – About 45% of South Africans are classified as “not poor,” according to statistics.
Of this number, only about half belong to the “stable middle class,” meaning they’re less likely to fall into poverty.
UCT professor Murray Leibbrandt explains what the middle class looks like in South Africa today.
Listen to the audio above for more.