A measure of take-home pay has shown that there were double-digit declines in the number of monthly payments made in June — a bad omen for SA’s stretched households that are under the cosh of the coronavirus crisis.

The BankservAfrica Take-home Pay Index (BTPI), which indicates trends in South African salaries, derived from payments made to approximately three-million people (about 36% of the country's workforce), showed a 20.7% decline in monthly payments during June, from a year ago.

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