Black South Africans come up short in share ownership

JOHANNESBURG (Reuters) – South Africa’s black majority directly owns less than 10 percent of the Johannesburg stock market, a study showed on Thursday, evidence that Africa’s top economy remains firmly in white hands nearly two decades after the end of apartheid. Despite the ruling African National Congress’ drive for “black economic empowerment”, under which firms are set black ownership and other targets, millions of blacks remain trapped in poverty and excluded from the formal economy. … Full Story Black South Africans come up short in share ownership

Full Story Black South Africans come up short in share ownership

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