'Indian South Africans catching up on Whites with regards to living standards'

The gap between white and black South Africans remains very wide.

Siphamandla Mkhwanazi, Standard Bank

Improvements in education will go a long way in solving this problem.

Siphamandla Mkhwanazi, Standard Bank

Gushwell Brooks (in for The Money Show’s Bruce Whitfield) interviewed Standard Bank Economist Siphamandla Mkhwanazi.

Mkhwanazi looked at living standard indicators from 2000 up to 2015 to draw some interesting conclusions.

Scroll down for quotes from the audio below.

The fastest improvements were recorded between 2000 and 2005.

Siphamandla Mkhwanazi, Standard Bank

Population growth is starting to exceed growth in GDP.

Siphamandla Mkhwanazi, Standard Bank

Differences in education levels play a role in disparities.

Siphamandla Mkhwanazi, Standard Bank

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