Business Insider SAA man holds out a bundle of the new South African banknotes, in various denominations, all featuring the iconic statesman Nelson Mandela. Getty Images
Although salaries declined, more people are getting paid, payments clearing house BankServAfrica said. The drop in salaries comes at a time when South African consumers are financially stretched and are left to contend with rising food and transport costs, the economic fallout of the Covid-19 pandemic, and an overall slow economy.
What? Thought the unemployment rate is rising
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