‘The fact that we are seeing the value of their properties rising above inflation means their wealth levels are rising alongside the rising property prices,’ says Siphamandla Mkhwanazi, senior economist at FNB.
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‘On the unemployed side, in the first quarter we were sitting at 8.2 million unemployed people who are actively looking for employment. That number went up by 140 000 to 8.4 million,’ says the Statistician-General at StatsSA.
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