South African take-home pay drops due to COVID-19 lockdown

Hanno Labuschagne

MyBroadband
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South African take-home pay drops due to COVID-19 lockdown

The average take-home pay in South Africa has declined compared with the same period last year as businesses struggle to cope under national lockdown rules.

This is according to the latest BankservAfrica Take-home Pay Index (BTPI), which found that the real average salary fell by 2.4% in the past month.

“The real average and overall salary paid contracted in January 2021 after coming under strain from the pandemic and level 3 lockdown, according to the latest BankservAfrica Take-home Pay Index (BTPI),” said BankservAfrica Head of Stakeholder Engagements Shergeran Naidoo.
 

lucifir

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but just a few days ago there was an article about how much more tax they collecting than expected :unsure:
how is that possible is salaries are decreasing and unemployment increasing?
are they just fudging the numbers for investors?
 

beans100

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but just a few days ago there was an article about how much more tax they collecting than expected :unsure:
how is that possible is salaries are decreasing and unemployment increasing?
are they just fudging the numbers for investors?
Taxed Doge coin owners, that cashed in :)
 
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