Decline in number of salaries paid points to further job losses
BankservAfrica Take-home Pay Index shows average monthly take-home pay rose marginally to R15,063 in September
26 October 2022 - 15:09
After five months of growth, fewer salaries were paid in September, according to the latest BankservAfrica Take-home Pay Index (BTPI), indicating further job losses in SA’s moribund economy.
Intensifying load-shedding by embattled Eskom has seen companies' operating costs increase in the form of expenditure on backup power while a sluggish economy keeps a lid on new jobs...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.