Comparing South Africa’s luxury cars with property in South Africa’s wealthiest cities
Despite the majority of South Africans facing dire economic conditions due to rising inflation, load shedding and poor economic growth, South Africa is still home to the largest number of millionaires in Africa., published by Henley & Partners in partnership with New World Wealth, South Africa has the largest number of millionaires on the continent, accounting for over 27% of the 138,000 millionaires on the continent.
Despite South Africa losing over 11,000 millionaires in the last decade, the 37,800 US dollar millionaires in the country still dwarf Egypt’s 16,100, Nigeria’s 9,800, Kenya’s 7,700 and Morocco’s 5,800 in terms of the number of millionaires in the country. South Africa has a luxury car and property market that can look to these wealthy buyers to sell expensive properties.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government is failing South Africans on basic human rightsAmnesty International says South Africans are having their basic human rights violated by the government.
Read more »
Divorce and pensions – what South Africans need to knowWright-Rose Innes looks at a Pretoria High Court case where a wife said that her husband forfeited his share of her pension.
Read more »
Underinsurance warning for South AfricansJean-Paul Rudd from Adams and Adams investigates underinsurance in South Africa.
Read more »
A look at the new R120,000 luxury seat on flights to and from South AfricaAir France launches a new business class.
Read more »
Load shedding returns - Stage 2 expected until Sunday | The Citizen🔊Stage 2 will remain until 5am on Sunday, but load shedding will thereafter be suspended again. 💡🕯️
Read more »
WATCH | Is the grass greener in Canada?Canada continues to pull highly skilled South Africans into its economy.
Read more »