Financial Times FT.com

Economy: Black middle class fuels a spending spree

By David White

Published: June 5 2006 14:46 | Last updated: June 5 2006 14:46

Gateway Theatre of Shopping, at Umhlanga Ridge on South Africa’s eastern coast, is a graphic symbol of a nation on a spending spree.

Thronging with families of all races, it lays claim to being the biggest shopping and entertainment centre in the southern hemisphere. Sales have soared since it opened four years ago.

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