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In an article on generational wealth in South Africa, News24 references SA-TIED working paper Estimating the distribution of household wealth in South Africa.
The article outlines the challenges faced by many South Africans in acquiring generational wealth. Rooted in apartheid and compounded by the COVID-19 pandemic, South Africa’s high unemployment rate at 44 per cent makes generational wealth unattainable for families living in abject poverty.
To read the full article, click here.
To read the working paper, click here