Tag Archives: Middle-Class

Brics in crisis and new middle classes will bear the greatest costs

By Jan Hofmeyr These are trying times for Brazil and South Africa, the southern members of the Brics grouping of emerging nations that also include China, Russia and India. After years of robust growth their economies are in the doldrums, and their governments lack latitude in the options to revive them. It is not only…

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SA’s deeply flawed young middle class

Almost 20 years after South Africa’s miraculous democratic transformation, we, the young “middle-class”, find ourselves to be the emerging leaders of this nation, and in a somewhat of a rut. Black, white, coloured, Indian it doesn’t matter. Race isn’t the discriminating factor as it was all those years ago. We have either grown up with…

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