AmenhotepZuid:
[b]little did they know that in the next 35 years the DRC WILL OVERTAKE nigeria and become the biggest economy in Africa. Congos untapped mineral wealth is worth over $24 trillion. In 2040s Nigerias oil reserves will DRY OUT. How will they survive?

Rossikk:


You are a complete moro.n and economic illiterate. For your information, you dunce, the Nigerian economy is Africa's largest BY FAR, and it has ABSOLUTELY ZILCH to do with the standard of infrastructure in South Africa. If we are to measure the size of economies by infrastructure, then UAE or Kuwait would easily be the world's largest economies. But India and Pakistan are larger economies than UAE or Kuwait by any measurement, even though you will see levels of deprivation in the former that can never be seen in the latter. USE YOUR dull BRAIN FOR ONCE IN YOUR LIFE. NITWIT who found himself in South Africa and can't control himself. ''Largest economy'' does not mean ''most advanced'' or ''most developed'', or ''best infrastructure''. It means LARGEST ECONOMY, QED. IGNORANT DULLARDS DROWNING IN INFERIORITY COMPLEX.

Rossikk:


ANOTHER DUNCE. SHUT YOUR DIRTY MOUTH AND GO LEARN THE MEANING OF AN 'ECONOMY'.

tsdarkside:


were are the people using it??....or is it only for white-people??.....hahaha,south-africans are soooooooooooo useless.....

MduZA:


Embarrassing

AmenhotepZuid:
@Mandarin
Your Stupidity is LEGENDARY....you're still stuck in the past on S.A. issues. S.A. is growing her own DOLLAR MILLIONAIRES who are younger and black and are FUTURE BILLIONAIRES of Africa. Yes the old money is still there in S.A. but its AGING OUT AND MOST ARE FLEEING FOR EUROPE and Australia and NZ.

Big shift in racial distribution of South Africa’s super-rich

By News24WireApril 27, 2016


Almost half of South Africa’s dollar millionaires – those with a net value of R14.5 million or more – are from previously disadvantaged groups, according to the latest report by New World Wealth.

I laugh at your comment. hOPE YOU WILL CURE MY IGNORANCE. I make bold to tell you that Nigeria has more educated and wealthy 'Africans ' than South Africa. How did BizNews measure its own? For instance, what is the worth of Ekenedilichukwu?

The report has found that more than 45% of SA’s dollar millionaires are black, coloured, Indian or Chinese – that is from groups unable to vote prior to 1994.

In the view of New World Wealth, the SA government will continue to push black economic empowerment (BEE) policies until previously disadvantaged groups make up at least 80% of SA’s dollar millionaires. This goal is expected to be reached by 2030.

New World Wealth’s research found that there are currently about 17 300 South African dollar millionaires from previously disadvantaged groups. This is much higher than the 14% it was in 2007. SA has almost twice as many dollar millionaires than any other African country.

Three South Africans even feature prominently on the UK’s 2016 “Rich List”, BizNews.com reported on Monday. Nicky Oppenheimer (70), made it to 18th position on the 1 000-strong list. London-based South African Natie Kirsh (84) is three positions behind Oppenheimer on the list and Christo Wiese (74) is in 22nd spot. It is the first time Wiese has been included on the list, because of numerous UK investments.

“Racial wealth breakdowns are an important issue in South Africa. Many feel that the speed of wealth transfer to ‘previously disadvantaged’ groups has been too slow,” the report states.

According to the latest Commission for Employment Equity (CEE) Report released on Monday, top management positions in the private sector in SA are mostly allotted to white males and opportunities for promotion and training also remain inherently linked to race and gender at more senior levels.


News24