People in formal employment had on average R1 835 more in their take-home pay packets at the end of 2024 than they had at the end of 2023.

Despite some green shoots, South Africans who earn R20,000 or more are under sustained financial pressure, with debt-to-income ratios trending upwards. According to DebtBusters’ Q4 2024 Debt Index, ...

BankservAfrica’s Take-home Pay Index (BTPI), which tracks the average nominal take-home pay of an estimated 4-million salary earners in South Africa, closed December 2024 on a high note, showing a ...

According to the South African Reserve Bank’s (SARB) Quarterly Bulletin for the third quarter of 2024, seasonally adjusted nominal household debt increased as credit extended to households ...