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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.
20 Aug 2025 12PM English South Africa Business News · Investing

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