₦airaland Forum

RandDigital:
Myth-busting & propaganda-smashing thread. See how the flies will keep away from this one though.

They are thinking of a way to give credit to "oyinbo" .Don't underestimate the lenghts with which the jappagerians are willing to go just to convince themselves that their perception of black South Africans is indeed the gospel truth.

RandDigital:
The African black population group possesses almost 60% of the value of total household wealth and two-thirds of the value of household assets in South Africa, according to research from the University of SA (Unisa) and Momentum Insurance group.

The numbers surprised some economists, while others said the numbers indicated life was improving slowly for African people, the biggest population group in the country.

The Unisa-Momentum report said the value of South African households’ wealth, expressed in current prices, increased to R19.3 trillion at the end of 2023, which is R1.3 trillion or 7.1% higher compared to the end of 2022.

Detailed figures showed that the African black group held 57.3% of total household wealth and 66% of total household assets.

Whites held 32.2% of household wealth and 19.7% of household assets. Next came Coloureds, with 6.6% of household wealth and 9.8% of household assets.

At the bottom of the ladder were Indian/Asians, with 3.9% of household wealth and 4.6% of household assets.

The report noted that the African black sector “owes almost 60% of outstanding debt”. Black Africans make up 82.1% of the country’s population, according to the report, with whites comprising 8.6%.

It added: “South African households’ wealth is unequally distributed among demographic groups.

“The wealth Gini coefficient was estimated at 0.75 in 2023, mostly because the wealthiest 1% of households possessed 37% of the wealth, while 76% of the wealth was in the hands of the top 10% richest households.

“In addition, 51% of households had a negative wealth position, meaning their debt exceeded their assets.”

It said that, in general, the African black household group “hold more assets via ownership of residential property, other tangible assets and deposits or cash, compared to the other population groups”.

It added: “Compared to the African black population group, the other three population groups accumulate more of their assets via saving and investments.”

Economist Dawie Roodt pointed out that the report refers to households and not individuals.

“Black households on average consist of more people than white households. “You also have to consider that people in the white households are older than those in black households and older people usually have more assets.”

Another economist, prof Jannie Rossouw, said he was surprised at the numbers, which also showed that “the next generation will be better off”.

Dr Mark Burke, opposition DA party national spokesperson on appropriations, said he was not surprised by the shift in wealth, adding: “We need to look at real numbers and then come as close as we can to the individual experience of South Africans either getting wealthier, or poorer.”

“What the report shows is that there is persistent wealth inequality in SA, even within the same demographic groups.

The report also said: “The wealthiest households are not necessarily the highest income-earners. Many middle-income households were more successful than high-income households in the wealth accumulation process.

“For instance, where the wealthiest 1% of households have an estimated 36.5% of the wealth, the top 1% income-earning households possess an estimated 15.5% of household wealth. This indicates that high-income earners don’t always convert income into wealth.”

You did not waste time with this one lol 😂

RandDigital:
Drop credible sources here that say blacks own 5% of the economy - you're living in lalaland.

How can people who own 60% of household wealth in SA be compared to Zamfara state?😂😂😂

I'll be waiting on your proof, lying sucker. Maybe it's hunger pains that's making you delusional.

Most defenately hunger pains.

It has been months since Tinubu pulled up with a truckload bag of rice.What do you think they have been surviving on ever since? LoL

KingCold:
They are savages.. they go to people's countries. they immediately stand out..negatively

As if their bad hygiene alone was not a good enough reason for everybody to hate them,now they top it all off by being crass and getting involved in all sorts of crimes?


👉🇳🇬👎

KingCold:
They'll laughter a person like lamb all for money

Dude,I don't even have the guts to put a bullet in someone's head which is far less toturous but these ones will cut a human's head off and watch him die a very slow and excruciating death and cut his stomach open afterwards.

And these dead soul savage still have the gall to call South Africans evil? I know my people are not perfect but no West African savage should be allowed to talk about us like that ..NEVER!

KingCold:
And someone from the headquarters of skulll mining and other backward macabre practices is saying this? laughable

Not to mention the tribal conflicts they got going on over there.

RandDigital:
They're also drug dealers and scammers, and most of them condone the actions of drug dealers and scammers. Talk about being unhinged.

The worst people on Earth i might add.Imagine killing a whole human and cut him from limb to limb because some voodoo doctor told you that you will be rich🙆🙆

OMEGA009:
You’ve never known wickedness until you meet a black South African. Their souls are carved in the darkest corners of hell.

One might argue that Nigeria is the purest form of evil where religious bigots
slaughter each other just because the other person could not recite the Koran....Alah akbah *takes a blade and cut man's head off* lol

TheWitchKing:
So everyone in Seychelles from Nigeria is into drugs? That means everyone from SA in other countries are xenophobic murderers ? Correct ?

You can call us anything you want but it was your passport that was banned,not South African.You guys always hide behind "it's not every Nigerian that's into crime" but you never care to elaborate to us how you earned your criminal reputation.

KingCold:
Such simple minds, you people

Out of everything that's all he could think about and draw a conlusion with his tiny brain 🤷

AuthorMan:
As e dey pain you e dey sweet me.
Keep weeping. Criminal.

😂😂

I don't know who that low IQ idiot you arguing with is but I like how you read him for filth everytime.🤣🤜

RandDigital:
You own substandard tokunbo things that you're not willing to fight for and are forever looking to flee from them through your japa culture.

Black SA achievements in 30 years have since dwarfed what you have attempted and failed to achieve in 60 years. Your coping mechanism will be "you didn't build it from scratch". Well, even 100 years from now that will still be your crutch - we can't help being a multiracial country which inherited superior infrastructure.

Yet read this following info of black government achievements and see if Nigeria compares. Be honest with yourself because half of the continent has surpassed you in terms of building quality infrastructure - that's why you're begging for their visas and they're not begging for yours😂😂😂

Read and weep - and share widely: https://businesstech.co.za/news/trending/122723/10-things-the-anc-got-right-in-south-africa/

😂😂😂😂

They would rather be anywhere else but their shithole country.Day in day out they are always plotting japaring strategies because that hell they were born in is just too much,even for their animalistic bevaviour.

lexy2014:
You claimed that



1. what is the population of this "All the 'educated hardworkers' from failed and backward African countries" that have come to south africa and that keep coming to south africa?

2. can you list these "failed and backward African countries"?

Lol dude desperately holding on to a cop-out question,an unintelligent question that is.

lexy2014:
that is not what I asked you.

you claimed that



what is the population of this "All the 'educated hardworkers' from failed and backward African countries" that have come to south africa and that keep coming to south africa?

can you list these "failed and backward African countries"?

I named yours as example.

Stolen:
NIGERIA GOOD REPUTAION IN AMERICA ISTHE SAME THEY ENJOY IN THE UK.



THE UK WENT AS FAR AS ELECTING A NIGERIAN TO BE LEADER OF THE CONSERVATIVE PARTY.


SHE WAS BORN AND RAISED IN NIGERIA BEFORE MOVING TO THE UK.

And the point you are trying to arrive at is?...

lexy2014:
what is the population of this "All the 'educated hardworkers' from failed and backward African countries" that have come to south africa and that keep coming to south africa?

can you list these "failed and backward African countries"?

Go to your own Lagos and see your own people begging for SA Visa

lexy2014:
who are the "everyone" that keep coming to south africa?

All the "educated hardworkers" from failed and backward African countries.

planetx:
I am talking about regular Americans not Donald Trump, the average American is far from being xenophobic like South Africans and are tolerant of immigrants. The democrats open border and reckless mass immigration lead to Trump winning not because Americans don't like immigrants.

The same country that popularized calling immigrants "illegal aliens" is far from being xenophobic? And now Trump is a president of this same country,and not to mention this time he was supported by even blacks and latinas who priviously hated his guts? Lol😂😂 I don't think you live in a real world.Dude,anti immigrants sentiments have been growing in the West for almost a decade now.We also saw whites in the UK kicking African immigrants out of their homes lol.

And if South Africans are such xenophobes then why the Bleep is everyone keep coming here,guess the love isn't all that warm in their counties,huh? Lol

lordprogress:
Telling an African leader to resign lol, there is a higher chance slave trade coming back than a black man resigning from his position as president.

Not in SA baba.We can seat on anyone's neck until they give in to pressure.We are not your average meek and passive African who just let dictators do as they wish.

RandDigital:
Lol, i didn't know passports were required at the bottom of the Mediterranean sea 😂😂😂

Lol

BigIyanga:
Fallacy of 2024. Other nationalities dont hate Nigerians. Ghananians, Senegalese, Cameroonians, Ethiopians would pic Naija over SA folks.
Also, why do your citizens love drugs and unprotected siex? Having kids out of wedlock? Absentee fathers??

No sane country would pick Naija over SA,and your passport being the weakest and most banned in Africa further explains how everyone feels about you.

Don't just say anything to make yourself feel like you are worth something.The whole world hates Nigerian criminals lol👉🇳🇬👎

DatIgalaDude:
Why are south Africans bitter and backwards?
I really wonder how they think.
Mandela would be disappointed!

We are not bitter.we just don't mess with you.Thing is you just don't wanna take a hike and disappear into your sambisa bushes lol

planetx:
South Africa is basically still a third world country with first world infrastructure in certain places, so why the very strong anti immigrant sentiment you will not find in solid developed first world countries like the US and Canada. Kind of puzzling where this anti immigrant sentiment arose out of.

So you watched Donald Trump ( a man who is very vocal about his anti immigration sentiments) win the presidential elections against a more liberal Kamala and yet you still say there is no xenophobia in developed countries? LoL very funny

APOPTOSIS:
Just because of women matter...
Say their women dey gravitate towards Naija men..

You are too simple-minded to understand the core issue,but ya'll always thinking with your sperm ducts instead of brains.

MadamVanessa:




I must admit, I'm not fond of Nigeria, but I find it shocking that South Africa seems to harbor intense hates towards Nigeria. Their hates appears to stem from a deep seated insecurity, particularly when Nigerians thrive in their gay country. It's as if the prospect of Nigerians outperforming them is unbearable hence their continuous hate.

Ironically,the same people hating hardworking Nigerians are just too lazy to work. I lived in this LGBTQ country for 1 year and 3 months and believe me, south African men are lazy. That's the more reason their women keeps on hanging on Nigerian men neck even if the Nigerian man is the most ugliest on earth because our men spoiled their women with so much care over there. Their women in the other hand are lazy too , all they know is to sleep around with Nigerian men and get lavishly spoiled.

Also, South Africa's hates sn't exclusive to Nigeria. They seem to exhibit a broader hates towards other African countries. Very uselèss country.

Yup!! it's not because Nigerians are some of the biggest criminals the world has ever seen.It's not because Nigerians are into things like human trafficking,kidnapping,human blood rituals.The reason we hate you ( not just us,the whole world by the way) is because everyone in the whole world is lazy and you are not,got it.


But riddle me this - if you guys are such noble hardworking beings then why is your country the biggest shithole in the world?? the headquarter of open defecation??🤔😂👉🇳🇬👎

God1000:
What's wrong with south Africans, the way they are turning against their president because of that singular act is shocking, they simply can't tolerate anything that has to do with Nigeria

Nothing in this world will take me to south Africa

Why do these people hate us so much?

Are you really asking this question?

KingCold:
he really thinks he's cooking 😂

The confidence to post such without giving it second thought is truly amazing

trium:
We know the correlation between HIV and gayism. It's no wonder South Africa was used as a test ground by the idiots who wanted to destroy Africa.


https://www.youtube.com/watch?v=L04VtHfkAwg

They know all they had to do was brainwash the youth and let them kill themselves. It's not us they want to deceive with fake equality.

Imagine bringing your cavemen mentality on a public platform for all to see...funny thing is you think this is some deep philosophy👉🇳🇬👎😂😂😂

Lioness5280:
LMFAO . I know being a whor'e is your destiny my dear,but why try to deny it first ?

A slave lives way better than you,how that must piss you off . You are trying to escape a free nation in your numbers....if Nigeria is what a free nation is then I doubling my chains .

Doesn't it make you even more mad that my HIV positive family will most likely outlive yours,because your national life expectancy can only be compared to only that of the likes of Somalia on this continent .

The Europeans lived there prior independence and your country was still a shythole, they left you alone and your country is still a shythole ...so it's safe to say your nation will never be better than even Ethiopia for eternity; you're simy cursed people .

I'm pained that a prostitute claims she won't come here with her dirty habits ? . Nigress, I said stay there or ask your mommy to pay traffickers to send you to Libya where all your siblings are "working hard" . And for your info; Burundi is as poor as your own nation ...you are twins ...so the joke is on you

Yohh this is too brutal!🙆

PressMyButton:
Lioness5280 JaceBlaze RandDigital come bow and lick our feet.

Lick your feet for??

KingCold:
Yoh..

Bruh! they were calling that sub-par "GNX" a classic less than 24 hours of its release lol. 🙆🙆

KingCold:
She does have some good music but indeed she's very overrated.. Ill add Kendrick as well

Not only are they overrated,oh boy do they have some of the worst,overly obsessed fanbase in all of music...oh god🙆🙆