• SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

  • Zim tastes people power

    Protests in Zimbabwe are forcing Mugabe to face anti-government sentiment, says Memory Mataranyika.

  • Platinum handshake

    Officials who try to do what's right risk far more than blessed wrongdoers, says Solly Moeng.

All data is delayed
Loading...
See More

Whites earn 6 times more than blacks

Oct 30 2012 10:33
AFP

Cape Town - Incomes of black South African households have surged 169% in a decade, but whites still take home six times more money 18 years into all-race democracy, a national census showed Tuesday.

Census 2011 put the country's population at 51.8 million people, an increase of 6 950 782 million since the 2001 count. Nearly eight in 10 people are black and less than one in 10 white.

"(In) 2011, we have 51.8 million people in South Africa," said Pali Lehohla, Statistician-General of Statistics South Africa.

Overall, household incomes more than doubled in the last ten years.

The average now stands at R103 204, up from R48 385 in 2001.

The statistics point to a growing black middle class with the majority race group's yearly household incomes showing the fastest growth of 169.1% to R60 613 from R22 522 recorded in Census 2001.

But the country's biggest wealth and employment figures are still sharply skewed in favour of whites.

"Black African-headed households were found to have an average annual income of R60 613 in 2011," states the report, with incomes followed by mixed race and Indian and Asian households.

"White-headed households had the highest average household income at R365 134 per annum."

Nearly two million people still live in shacks, which has risen by more than 100 000 since 2001, and more than nine million people live in a house.

The number of outright homeowners has grown from 4 625 300 to 5 970 852 homeowners of whom 4 919 563 are black owners which is an increase by more than one million since ten years ago.

Expanded unemployment among blacks was nearly 50%, while only around 10% among whites.

census 2011

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
573 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Sarb's decision to keep the repo rate unchanged is:

Previous results · Suggest a vote

Loading...