Nominal average take-home pay slid by 1.3% in May compared to April, according to the latest index compiled by BankservAfrica. The reading marks the third consecutive month of decline amid a bleak economic environment and an uncertain global outlook. Business Day TV spoke to Elize Kruger, an independent economist, for more detail.
WATCH: Take-home pay falls for third straight month
Business Day TV talks to economist Elize Kruger
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.