Finweek English Edition - - IN BRIEF -

It may not feel like it, but SA’s salary earn­ers are fi­nan­cially bet­ter off this year, with take-home pay in­creas­ing by 8% over the past 12 months, com­fort­ably beat­ing in­fla­tion, ac­cord­ing to the latest BankservAfrica Dis­pos­able Salary In­dex. Av­er­age take-home pay reached R13 000 in July for the first time, it found. In to­tal, 46.1% of South Africans paid via the BankservAfrica pay­ment sys­tem clear R10 000 a month or more.

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