According to the BankservAfrica Take-home Pay Index, The total value of take-home salaries paid in June declined by 25.6 per cent while pensions pay dropped by 4.6 per cent; these figures combined was the biggest drop on record at 23.5 per cent. Mike Schüssler, Chief Economist at Economists.co.za joins CNBC Africa for more.
SA sees sharp decline in June take-home pay as COVID-19 fallout deepens
PUBLISHED: Wed, 29 Jul 2020 11:01:32 GMT