Economist says defining the middle class is not just income based
By Loushe Jordaan Gilbert As South Africans try to make ends meet, middle-class employees are also feeling the pinch of the ever-increasing cost of living, coupled with unstable fuel prices. In 2023, research from the Liberty Institute of Strategic Marketing at the University of Cape Town revealed that a household or individual in South Africa would need to earn about R22,000 per month to be considered middle class. Speaking on […]
