South African households’ real net wealth declined by R240 billion in the third quarter of 2019
29 January 2020 | Surveys, Reports and Ratings | General | Momentum/Unisa
SUMMARY
South Africans can blame the trade war between the United States of America (USA) and China, fears of an economic recession in the USA and international terrorism attacks (international events) as much as Eskom, state capture and a weak economy (domestic events) for losing a lot of their wealth during the third quarter of 2019 (Q3 2019).
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