The World’s Rich Blacks

(Washington Informer) — Black Americans perceive the occupational roles and personality characteristics portrayed on American media about Africa as real or true to life. Operating under gross delusions, Black Americans think of themselves as “the world’s richest Blacks.” But, if African Americans took at look at Black Africans they’d see who’s moving ahead in building wealth. South Africa is a nation of 50 million people. Seventy-five percent of the population is of Black African ancestry. Black South Africans are literally “sitting on (a) gold mine” South Africa is a country with an abundant supply of resources, well-developed financial, legal, communications, energy, and transport sectors. South Africa is ranked 25th in the world in terms of GDP.  The country’s advanced development is significantly localized around four areas: Cape Town, Port Elizabeth, Durban, and Pretoria/Johannesburg. Beyond these four economic centers, development is marginal and poverty is still prevalent and the vast majority of South Africans are poor. Unemployment is extremely high and South Africa is ranked in the top 10 countries in the world for income inequality.

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