People of Mzansi Seem to Be Silent Ballers as 60 000 SA People Joined the Millionaires Club in 2021
- As the country strives to recover from the severe pandemic it turns out that not everyone was negatively affected
- 60 000 Mzansi citizens joined the millionaires club in 2021 despite the apparent catastrophic state of the SA economy
- It was been reported that the middle class and the wealthy have somehow capitalised off of the stress of the pandemic
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Poverty and unemployment are pressing issues in South Africa. So, when people heard that a whopping 60 000 Mzansi citizens joined the millionaires club in 2021, jaws were dropping and eyes wide open like owls. Nothing adds up!
Source: Getty Images
Surely if the country’s unemployment rate has skyrocketed and people are dying of starvation that the likeliness of becoming a millionaire would be pretty slim… no?
Business Insider spilt the tea, reporting that South Africa birthed 60 000 more millionaires in the year 2021 despite alarming economic issues. These stats have thrown a spanner in governments' claims that the middle class and wealthy are falling.
The Treasury Department reported that personal tax income grew to R72 billion in 2021, with 60 000 new South African millionaires created. These numbers are eye-opening as they do not align with the catastrophe that is the SA economy.
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Brandon de Kock, Director of Storytelling for BrandMapp claims that the pandemic has had a really harsh effect on the poor, however, it seems to have helped the middle class and wealthy, reported Biz Community. It is possible that stress has forced people to work harder and network more than ever before, having extremely positive effects on their bank accounts.
“What we are seeing is not a case of the entire country becoming poorer. Instead, it might be more true to say that the impact of Covid has been that some have become poorer, while others have become richer – a different dynamic,” De Kock said.
The people of Mzansi went in hard at a pic of a lady buying three 2l bottles of cooking oil, clearly a baller
In other big spender news, Briefly News reported that we live in a world where cooking oil now shows wealth. Seeing a woman buying three 2l bottles of cooking oil left the people of Mzansi cracking jokes that had others in stitches. A, what a time to be alive!
The price of oil has skyrocketed. Nowadays it is cheaper to buy a diamond than it is to fry some chips. Reality is a total mess, but the people of Mzansi are making the most of it.
Twitter user @SavageMaveriick shared a random picture that was taken of a woman standing at a till with a “Sorry till closed” sign as she waited to make her hefty purchase of three 2l bottles of cooking oil. Sis better have been escorted to her car, because wow!
Source: Briefly News
