Salaried South Africans are poorer as monthly income lags inflation
The average salary in SA has weakened due to the underperforming economy, high unemployment and inflation, and the effect of the Covid-19 pandemic
17 May 2023 - 13:02
The latest BankservAfrica report released on Wednesday shows how the challenging economic environment in SA has negatively affected salaries since 2018.
According to the report, the average salary in SA has weakened as a result of the underperforming economy, high unemployment rate, soaring inflation and the effect of the Covid-19 pandemic...
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