Latest news with #BankservAfricaTake-HomePayIndex
eNCA
28-05-2025
- Business
- eNCA
Over 50% of households benefit from grants
JOHANNESBURG - South Africa's average nominal take-home pay declined by 2% in April, month on month. This marks the second consecutive month of moderation. That's according to the latest BankservAfrica Take-Home Pay Index. Despite the monthly decline, take-home pay is still over 13% higher than a year ago. Independent Economist, Elize Kruger, says the escalating global trade war is dampening sentiments worldwide. Locally, it's impacting confidence and slowing economic activity.
eNCA
28-05-2025
- Business
- eNCA
Average take-home pay falls for second month
JOHANNESBURG - South Africa's average nominal take-home pay declined by 2% in April, month on month. This marks the second consecutive month of moderation. That's according to the latest BankservAfrica Take-Home Pay Index. Despite the monthly decline, take-home pay is still over 13% higher than a year ago. Independent Economist, Elize Kruger, says the escalating global trade war is dampening sentiments worldwide. Locally, it's impacting confidence and slowing economic activity.
