Tag: Mike Schussler

SA sees sharp decline in June take-home pay as COVID-19 fallout deepens

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 economy shows green shoots of recovery as lock-downs ease

The BankservAfrica Economic Transaction Index for June 2020 has reported that there is a sign of a slight economic recovery ahead, with more transactions taking place in June at 101.7 points compared to the weakest point of 98.1 in May. Mike Schüssler, Chief Economist at Economists.co.za joins CNBC Africa for more.

COVID-19: How will employee salaries be impacted in the months to come?

The BankservAfrica Take-home Pay Index has shown that wage numbers were up in April as the majority of employees continued to receive their monthly incomes. However, casual and weekly workers were most impacted by the Covid-19 lockdown as the number of wages paid declined significantly. Joining CNBC Africa for more is Mike Schüssler, Chief Economist at economists.co.za.

The cost of level 4 lock-down on SA’s economy

It’s more than a week since South Africa’s economy was reopened for economic activity after a complete 5 week shutdown due to COVID-19. As more industries have become operational, what has the impact of this increased activity meant for South Africa’s recession battered economy? Economist Mike Schussler joins CNBC Africa for more.

COVID-19: How will SA fund its R500bn economic stimulus package?

Last night South African President Cyril Ramaphosa announced a R500 billion economic recovery stimulus package as a national response to deal with the devastating impact of the Covid-19 pandemic on the country. Joining CNBC Africa to unpack this is Economist, Mike Schüssler.

This is the destruction Mugabe’s rule caused Zimbabwe’s economy

This is the destruction Mugabe’s rule caused Zimbabwe’s economy

Sustained positive real growth for both disposable salaries

Sustained positive real growth for both disposable salaries

SA’s economic transactional activity picks up in July

SA's economic transactional activity picks up in July
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