25% of money generated in the townships is spent there: World Bank - http://ctlive.info | cape town south africa vacationJune 26, 2017 1:14 pm
Tags: generated, money, spent, there, townships, world
Categorised in: Breaking News
It is estimated that half of South Africa’s urban population lives in townships and informal settlements, accounting for 37% of working-age citizens but home to roughly 60% of the unemployed.
The World Bank suggests that only 25% of moneygenerated in the townships was spentthere.
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