A man holds out a bundle of the new South African banknotes, in various denominations, all featuring the iconic statesman Nelson Mandela. Getty Images
- The average salary in South Africa has shown the most significant month-to-month fall in March, declining 5.6%.
- On average South Africans took home R14,969 at the end of March, compared to R15,121 in February, and R15,161 in March last year.
- Although salaries declined, more people are getting paid, payments clearing house BankServAfrica said.
- More employers, especially in the tourism and entertainment industries, are rehiring with the end of the national state of disaster.
- Those workers mostly fall on the lower end of the salary scale.
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Although more people are getting paid salaries in South Africa, the country’s average take-home pay is declining, the latest data…