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Why 30 million South Africans are trapped in poverty – even with a national minimum wage

The latest data from the Pietermaritzburg Agency for Community Social Action (Pacsa) shows exactly why millions of South Africans identified in a recent Stats SA poverty report are trapped in low standards of living. For black South Africans, 64.2% (around 29 million people at mid-year population estimates for 2017) live below the upper bound poverty line, Pacsa said. Combining these figures with employment statistics, Pacsa calculated that a single salary in the average black South African household needs to support 4 people. “Poverty is worsening. You cannot disconnect rising poverty levels from the economy. The economy is driving and deepening poverty,” the group said.
To read the full article published by Business Tech go to https://businesstech.co.za/news/wealth/196966/why-30-million-south-africans-are-trapped-in-poverty-even-with-a-national-minimum-wage/