Kaya 959 Kaya Biz

Take-home pay in South Africa has reached its highest point in record time, hitting over R17,000

Loading player...
GUEST – Elize Kruger, Independent Economist

The average take-home pay reaches the highest level yet in September. Easing inflation levels, fuel price relief and lower interest rates give a boost to salary earners and their spending potential ahead of big year-end shopping days

The upward momentum continued in September 2024, as the average salary surpassed the R17 000 mark, the highest level since the inception of the BankservAfrica Take-home Pay (BTPI) series. Recent developments in the economy have given a boost to salary earners and could potentially spill over into the upcoming busy shopping period.
23 Oct 2024 2PM English South Africa Business News · Investing

Other recent episodes

South Africa’s Solar Power Development on the Rise

Local independent power producer Mulilo today announced the financial close of what it calls one of the largest utility-scale solar developments in the country. The 380 MW Beaufort West Solar PV project will generate approximately 818 gigawatt-hours of clean electricity annually. Joining us with the details is Stuart Macwilliam, Mulilo…
20 Apr 4PM 15 min

SA Inflation Risks Are Rising

With CPI easing to 3% in February but global pressures mounting, Nedbank economist Isaac Matshego breaks down what to expect from this week’s inflation print, the resilience of household spending, and the outlook for borrowing costs in the second half of 2026.
20 Apr 4PM 8 min

Inside the JSE’s 2026 SME Acceleration Strategy

The JSE launched its 2026 Enterprise Acceleration Programme, welcoming 12 high‑potential SMEs and building on the success of previous cohorts. Vuyo Lee discusses the programme’s evolution and its impact on scaling founder‑led businesses.
20 Apr 4PM 8 min

Careers Corner: Fuel Shock Forces Rethink of Workplace Models

Rising fuel and energy costs are pushing companies to revisit remote and hybrid work. CDH’s Rashaad Dadoo outlines the legal obligations, fairness considerations, and compliance risks employers must manage as flexible work models re-enter strategic planning.
20 Apr 4PM 15 min

Wealth Creation: Why SA Investors Need Alternatives

With the JSE representing less than 1% of global investable markets, South Africans face concentration risk at home. Anchor Capital’s Darryl Hannington explores the rise of private equity, private debt, hedge funds, and offshore assets—and how alternatives can strengthen portfolios in an inflation‑driven world.
20 Apr 4PM 16 min
All episodes