Streaming issues? Report here
Azania Moaka 702 Gradient Azania Moaka 702 Gradient
The Azania Mosaka Show
13:00 - 15:00
volume_up
volume_mute

Up Next: Afternoon Drive with Joanne Joseph
See full line-up
The Azania Mosaka Show
13:00 - 15:00
Home
arrow_forward

Black tax holding South Africans back from realising their aspirations

29 September 2016 4:00 PM

Various South Africans are opening small businesses to help them maintain a decent standard of living under a strained economy.

The 2016 Aspirations Report by the University of Cape Town's Unilever Institute has revealed that many black professionals felt that black tax inhibits them from reaching their dreams.

Income immobility due to challenging economic times has led some using small businesses to act as a cushion and to avoid falling into crippling debt.

702's Azania Mosaka spoke to Professor John Simpson about his findings.

The research was conducted through tracking behavioural and spending habits among various groups of people across the country.

Listen to the interview below:

There are 11 service delivery protests in this country daily. That's also to a large extent due to frustration that you have an expectation that something will happen and it doesn't.

Prof John Simpson, UCT Unilever Institute

Around 20% of net salaries are going to what people call black tax... They are paying for things like airtime and education.

Prof John Simpson, UCT Unilever Institute

29 September 2016 4:00 PM

Recommended