South African households were R1.2 trillion poorer in the three months to end June - Business Insider South Africa


8/17/2022 12:00:00 AM2 years 8 months ago
by Compiled by Larry Claasen

The Momentum-Unisa Household Wealth Index report, which tracks the wealth of households says a 10% drop in financial assets was the reason South African households were poorer in in the three months to end-June.

  • South African households are now collectively more than R1.2 trillion poorer than a year ago, for the three months to end June.
  • An index found that households’ wealth dropped by R1.23… [+3239 chars]

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