Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 12:48pm On Dec 08, 2024 |
NSNO: Yes you people have come a long way but there is still much work to be done. White people still cast an oversized shadow.
I just have this feeling that one day all these online hate will spill over to real life and you people will start a genocide against Nigerians.
I don't blame you people, all these disrespect is coming from the fact that we've not had good leaders in a long time and the masses are not helping so our people are emigrating.
One day all this see-finish go end. Yes you're retrogressing while black SA thrives. Dispels a lot of your delusions of envy. Get a proper diagnosis of what the issue is - the rampant criminality based on the love of money at any cost. You know exactly what I'm talking about as it's also rampant where you come from and is the root cause of your tribal tensions. |
Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 11:33am On Dec 08, 2024 |
NSNO: You probably think this is a good thing, it is obvious you don't understand statistics.
Black South Africans make up 82.1% of the population yet own only 57.3% of household wealth while whites make up just 8.6% but own 32.2%. This is not something to be proud of. For people always claiming to have "freed" SA you clearly have no idea what the struggle against apartheid was about. Sit down and go back to history lessons for some much needed reeducation. |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 11:16am On Dec 08, 2024 |
TheWitchKing: Shoprite is still very much in Nigeria. I even bought stuff from there last time, before i came back to Israel. Its in Festac and Lekki. You just showed you have never travelled anywhere before! Whatever that is it's a tokunbo Shoprite fit for Nigeria. Shoprite officially pulled out of Nightmare-geria a year ago. |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 11:01am On Dec 08, 2024 |
Mrexcell: Ur SA companies are making it big here in nigeria and taking the proceeds back home to develop ur economy it's obvious ur leaders know more than u uninformed and unexposed bitter lots. And they're not making any money from SA industry at home? Shoprite left Nigeria and has now opened 100s more stores in SA and is doing just fine. |
Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 10:26am On Dec 08, 2024 |
KingCold: O' these coons love their oyinbo, wait for them to say " if it wasn't for the Whiteman" Let me send out Season Greetings to a few of our regular trolls. BigIyanga, sepukku, MadPolitician, Lexy2014, Deescan |
Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 10:23am On Dec 08, 2024 |
JaceBlaze: 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. LMAO! 😂😂😂 Worry not, this thread is a TKO. Already trolls aren't rushing here like its the opening of an SA visa processing centre. They're hiding in shame. |
Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 10:13am On Dec 08, 2024 |
BlackfireX: Saving face  To add salt to your wound, this is a recent report from 2 weeks ago. Are you enjoying tinubulation while black South Africans are living large? 😂😂😂 |
Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 10:09am On Dec 08, 2024 |
LordBiden: It seems the comments on the other thread of Nigerians calling black south Africans poor and lazy really pained you.
This is just a face saving thread. Deal with the facts. This is why you're wailing uncontrollably for SA visa, to strike it rich like black South Africans. Why else would you be bouncing off the walls for being denied entry into a country of "black slaves"? You want our quality of life which Nightmare-geria doesn't have 😂😂😂 |
Education › Re: Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 9:45am On Dec 08, 2024 |
JaceBlaze: You did not waste time with this one lol 😂 Myth-busting & propaganda-smashing thread. See how the flies will keep away from this one though. |
Education › Study Finds Black South Africans Own 60% Of Household Wealth - PICTURES by RandDigital(op): 9:41am On Dec 08, 2024*. Modified: 9:58am On Dec 08, 2024 |
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.”
|
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:12am On Dec 08, 2024 |
Sepukku: I am still waiting on my 1,000,000 deported Nigerians from cameroon? Wait till the bus of 15,000 Nigerian deportees from Central African Republic arrives. |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:09am On Dec 08, 2024 |
[quote author=BigIyanga post=133207397][/quote]Next time use credible sources - University of South Africa & Momentum Insurance Group.
"The results of joint research by Unisa and the Momentum group are bound to stir up a hornet’s nest of controversy, not in the least among politicians who harp on about our country being dominated by wealthy white people.
The reality is that, according to the research report, black Africans own almost 60% of the household wealth and two-thirds of household assets in South Africa.
Whites, by comparison, hold 32.2% of household wealth and 19.7% of household assets." |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:06am On Dec 08, 2024 |
JaceBlaze: Most defenately hunger pains.
It has been months since Tinubu pulled up with a truckload bag of rice. What do you thing they have been surviving on ever since? LoL LMAO! 😂😂😂😂 |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:03am On Dec 08, 2024 |
BigIyanga: How can you own houses on mortgage … owned by banks..
Ownership is an illusory concept to you😂😂 Household wealth dummy, not home ownership wealth. See what starvation is doing to una. Sepukku teach your bloda the difference between household wealth and home ownership. See the results of not owning anything of value in your life in Nightmare-geria😂😂😂 |
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 8:59am On Dec 08, 2024 |
MadPolitician: Yeah, I have eaten.. And I was not served as dinner to some pigs by some white overlords in Orania So life is ok You can send the condolences to Zimbabwe for their loss. Extend the condolences to Mozambique as well for those being suffocated underground for 2 months now. It's good you've had your one meal of the day though. Spare a thought for your national team footballers who were starved in a Libyan airport. I hear libyans also periodically lock you guys up in cages. Chai, just remain in Hunger-geria dude, what's this desperation all about? Don't you have things going on for una in Nightmare- geria?😂😂😂 |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 8:53am On Dec 08, 2024 |
BigIyanga: Top 5 Richest black south Africans like Motsepe and Ramaphosa are political cronies of white colonialists who settled for crumbs thrown at them by white slave masters. They didnt build nothing from the scratch.. they BEE political trust fund babies.
Black folks own 5% of SA GDP… that is the gdp size of Zamfara state in Naija.. one of the poorest states in Naija. Pound for pound, Nigerians out compete you guys anywhere.. music, science, medicine, law, sports.. stop thinking that black ZAs can compete 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.
|
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 8:44am On Dec 08, 2024 |
MadPolitician: You have been recklessly delivering your low jabs and I have been overlooking that... "Poor state of affairs" bla bla bla bla. Coming from a poor black South African whose standards of living is not anywhere dramatically better than that of an average Nigerian, I wonder where you are going with that double edged sword.. Enjoy yourself anyways I'm not the one sobbing for Botswana and Namibian visa, you are. So that tells the whole wide world that black South Africans have it much better than Nigerians. Have you eaten today? |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 8:32am On Dec 08, 2024 |
TheWitchKing: I won't be responding to your chats again if it has to be about insults, denigrating tribes and insulting countries. I won't. You can continue. With the character you have , be rest assured you won't get anywhere , relationship and all. Trust me. Lol kingcold, fix your character o!😂😂😂 |
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 8:27am On Dec 08, 2024 |
MadPolitician: So just because White mine owners payed taxes to a litany of very ruthless apartheid regimes, an inebriated black South African fir whom Steve Biko died, is here, gingerly celebrating the greatness of both the beneficiaries of that apartheid economic system and the evil governments that super imposed the system over him, irrespective of all the destructive consequences that came with apartheid!!??
I need water.. Cold water plssss
Chineke muoooooooo Operational mines like most other big business still pay taxes to the black government, development didn't stop with the apartheid regime. Maybe in Nigeria business stopped paying taxes when oyinbo left in the 1950s - i wouldn't be surprised judging by the poor state of your country that's left you all wailing for SA visas. Like i said, open your borders to fulani herdsmen from across Worst Africa to vandalise and steal your oil wealth in the name of African unity. Thereafter you can celebrate illegal mining in SA. |
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 8:15am On Dec 08, 2024 |
JaceBlaze: 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 They're also drug dealers and scammers, and most of them condone the actions of drug dealers and scammers. Talk about being unhinged. All this while being deeply religious. What irony. |
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 8:07am On Dec 08, 2024 |
MadPolitician: This has now become a humanitarian disaster and the hands of the South African government is tainted with blood. Allowing these poor Africans to die one after the other for scavenging in a mine that was previously owned by an apartheid white south African is nothing but a huge rude irony.
It even gets worse to see black South Africans gleefully celebrating the deaths of these black brothers, while boasting of the riches of the same white oligarchs, who became billionaires exploiting same mines handed over to them during the apartheid era, tells you all you need to know about the senseless state of mind of an average black South African.
Maybe they thought the mines were full of Nigerians. Someone above said that the dna of a black South African needs to studied, I Totall agree. Dudes think and act like "kwerekweres" from hell. Those whites paid taxes that helped develop the lives of South Africans. What do South Africans gain from these African invaders stealing SA minerals and later mocking South Africans that they're lazy because they don't break rules or steal? Invite them to Nigeria to come vandalize your oil pipes and steal your oil now that oyinbo Shell is gone. That should please you, hypocrite! |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 12:58am On Dec 08, 2024 |
BigIyanga: Truth of the matter is that you have really never built a country of your own from the ground up. We built our univetsities from the scratch and they trained our lawyers, engineers, doctors, bankers, teachers… You guys are taking glory of things built and owned by colonialists who still own 90% of your country. In my imperfect country, I build and own my house amd factory on my ancestral land. I use Naija banks and insurance co owned by my fellow country men. I use hotels owned by Naija. I use fuel refined and sold by Naija. I use telecomIT services owned by Naija . 98 of Naija are owners of Naija GDP.. while 5 % of Black South Africans are owners of GDP. You’re too delusional about shinning light on Pretoria streets to think that you own any piece of it. 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/ |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 10:16pm On Dec 07, 2024 |
Sepukku: Please just say you have never been anywhere in Africa before opening your big mouth.
The people of Cameroon share a border with Nigerians and there are tribes and peoples interlinked all the way from Abazonia to Douala and Yaounde.
Likewise the people of Niger share borders with Nigeria and there are tribes and peoples interlinked where is there practically no border line and free movement between the two countries.
Libya by far is not a country at this point in time so this does not count.
The rest of North Africa include Morroco, Tunisia and Libya who generally have a multitude of West African peoples living peacefully among them.
NEXT!!! Oh please, Cameroon has deported 1,000,000 nigerians to date 😂😂😂 Imagine Zimbabwe or Mozambique deporting 1 million South Africans? I would be scandalous - global news 😂😂😂 Niger, they try sha - 6,000 in a couple of months. But are you not ashamed, being deported by Niger - the poorest of the poorest countries in world? They saw absolutely no value that you could add to their economy 😂😂😂 And here you all are claiming you're developing SA😂😂😂 |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:52pm On Dec 07, 2024 |
dkidd: Oga stfu a lot of Nigerians there are legal hustlers boosting Ur economy. If not for our useless government while would we be travelling there for business. U black Sad Africans hate every other foreigner not just Nigerians and this stems from jealousy and envy because U lazy fools see foreigners as taking opportunities U should have been utilizing. Till now black Sad Africans still suffering. Who haven't U blamed. Even Nelson Mandela is still blamed by U fools claiming he made a deal with the whites that's making U suffer. U blame everyone but Ur ugly lazy selves. So quick to shout drugs. Why not mention the legal businesses too that U love to hate out of envy? Useless monkey You're still gonna bounce off the walls some more as you read further down all of my wisdom i have graciously shared in this thread for the enlightenment of Hunger-gerians as they await dawn to go scavenge for food during these tough tinubulated times😂😂😂 |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:49pm On Dec 07, 2024 |
Sepukku: Answer the question. What are the names of these countries rejecting Nigerian immigrants? Cameroon, Niger, all of North Africa and most definitely our fave, Libya ✌🏾😂😂😂 |
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 9:40pm On Dec 07, 2024 |
These ones just wanna booze and smoke underground, don't believe this spiritual cleansing stuff. If they want to escape death nothing stops them from resurfacing. If they don't they're certain to die underground in the long run coz no rescue teams are going down there - it's too risky for them, hence this is an abandoned mine. They must come out and answer for their crimes. The days of crime sprees are coming to an end. |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:32pm On Dec 07, 2024 |
Sepukku: Which country dey reject Nigerians as immigrants?
Seychelles- small island country
Dubai- Racist capital of the world
Indonesia- Second racist capital of the world
Sad African- Xenophobic capital of the world.
After these country, which one again? Morpheus you're delusional. Matrix finally crashing down all around you. |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:22pm On Dec 07, 2024 |
BigIyanga: We own our homes, banks, schools, airlines, businesses, lands, mines 100%.. through our sweat and blood we have built our country.. no matter imperfect it may be… we have ownership 💯💯%. I can build a factory today on my ancestral land that has been owned for 1000s by my ancestors… without asking for permission from white colonizers.. but you’re living on a mortgaged land in a mortgaged country where 5% whites own 90% of the country. Go play somewhere abeg. Imperfect you really are, more like 5th world indeed. I heard you bought tokunbo firefighting aircraft from SA and tokunbo trains from so-and-so, and tokunbo toothpicks from Ghana🫤🫤🫤. On the side your buildings are falling on top of your heads. On the other side you're starving, can't cultivate your land - heavily reliant on unrefined oil for decades. No wonder you're wailing for SA visa, this has stopped to be a laughing matter - your case is that of homosapien loser-sorous😂😂😂 |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:07pm On Dec 07, 2024 |
IyanAtiEgusi: Hope you have taken your anti retroviral drugs today?  What's your blodas address at the bottom of the Mediterranean sea, libyan cage and locked libyan airport storeroom? I wanna send him season's greetings 😂😂😂 |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 9:02pm On Dec 07, 2024 |
BigIyanga: Broke folks in Slums in Soweto think the begins in Soweto and end in Soweto.. With raw sex and alcohol.. they are in paradise😂 Raw sex - you're the ones with a starving population predicted to hit half a billion in just 20 years. That's alarm bells for SA to shut its border and have you continue sobbing uncontrollably some more for visa😂😂😂 |
Career › Re: Trapped SA Miners Plea For Beer & Tobacco To "Conduct Spiritual Cleansing" by RandDigital(op): 9:00pm On Dec 07, 2024 |
Sirmwill: They are mining gold? Illegally and now the cops have barricaded the entry points for weeks arresting them as they resurface. |
Foreign Affairs › Re: South Africans Call For Ramaphosa’s Resignation Over 5-year Visa For Nigerians by RandDigital: 8:58pm On Dec 07, 2024 |
Disclaimer12: So tell us the crime of Zimbabwean? They take your job? Tell us the crime of Malawian? Tell us the crime of Ethiopian, Parkistani etc, tell us one single African country south Africa do not have problem with! If you have problem with everyone , then you're the problem! SA just can't stand people doing well in their country , that's the fact! It's never about Nigerians, even Mozambican that shares bother with you guys are also a prey, internet don't forget, one day you'll all need your neighbor and there will be no one to run to, might not be you, but your children ! Keep up accumulating hate and think it's cool  Take it up with your reporter who exposed your drug dealings in SA. Or you want South Africans to turn a blind eye to that? Go to the Stilfontein mine where presumably 1000s of illegal miners are trapped underground - undocumented foreigners who've been conducting a crime in broad daylight in some one else's country. Go to the streets and get robbed for your cellphone by Zimbabweans and Mozambicans, who sell them to Nigerian 2nd hand dealers. Right now there's an outbreak of food poisoning killing children in the townships who buy from Somali shops because they're busy manufacturing their own illegal and substandard snacks, and their businesses are unregistered. There's a while list. I just blame South Africans for tolerating this lawlessness for so long. But time's up. |