Fewer Salaries Paid Within The R40,000 R100,000 Salary Range
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Guest – Elize Kruger - Independent economist
New salary data from BankservAfrica shows that fewer salaries are being paid over R40,000 a month, pointing to increased job losses among higher earners in South Africa.
This is more broadly reflected in average pay data, which declined slightly in July 2025, falling 1.1% compared to June and 6.9% since the start of the year.
This is according to the latest BankservAfrica Take-home Pay Index (BTPI), which tracks the monthly salary movements of approximately 3.8 million South African salary earners.
New salary data from BankservAfrica shows that fewer salaries are being paid over R40,000 a month, pointing to increased job losses among higher earners in South Africa.
This is more broadly reflected in average pay data, which declined slightly in July 2025, falling 1.1% compared to June and 6.9% since the start of the year.
This is according to the latest BankservAfrica Take-home Pay Index (BTPI), which tracks the monthly salary movements of approximately 3.8 million South African salary earners.
