Average nominal take-home pay dropped slightly in May but remained higher than a year ago, amid global shocks that have led to a pause in investment decisions and low confidence levels among investors and households. 

According to the latest BankservAfrica Take-home Pay Index (BTPI), nominal average take-home pay declined to R17,296 in May 2025, 1.3% lower compared to April’s R17,532 but still notably above the R15,903 level a year earlier. ..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.