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South Africans are poorer – despite a jump in take-home pay

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GUEST - Elize Kruger, an Independent Economist.



Despite take-home pay increasing in 2023, South Africans are earning less when accounting for inflation.

The BankservAfrica Take-home Pay Index (BTPI), which measures the average nominal take-home pay among approximately 4 million salary earners in South Africa, ended 2023 at R15,409 This was a 5.6% higher than the R14,596 recorded in December 2022.
1 Feb 2024 12PM English South Africa Business News · Investing

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