Take-home pay suffers a real decline. Take-home pay as measured by the BankservAfrica Disposable Salary Index suffered a decline after taking inflation into account. Nominally the increase was 2.5% in October 2015 over October in 2014. That means when… Read more
Press release: For immediate release Date: 11 November 2015SA economy shows signs of health despite decline October BETI records R719. 5 billion in transactions, 6.5% higher than 2014 October saw a higher number of payment system transactions under R5… Read more
Salary growth declines, pensions continue to increase Salary growth declines slightly but still outpaces inflation, while pensions continue to increase strongly in nominal and real terms. The latest BankservAfrica Disposable Salary Index (BDSI… Read more
BETI indicates SA economy still in decline Danger that a third quarter dip could spell technical recession The most recent BankservAfrica Economic Transaction Index (BETI) indicates that economic activity over the short term is in retreat, despite… Read more
Pension increases keep beating inflation Pensioner cohort grows along with their influence on the economy BankservAfrica data on pensions continues to show that pension increases are outpacing inflation, with growth of 3.8% after inflation is taken into… Read more
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SA economic recession warning – the August BETI For the second month in a row the BankservAfrica Economic Transaction Index (BETI) has increased when compared to a year ago, but indicates a shrinking economy both in monthly and quarterly changes The… Read more
The average take-home pay crested R13 000 in July for the first time, and increases in take-home pay averaged 8% over the last twelve months, according to the BankservAfrica Disposable Salary Index (BDSI). Despite the 5% inflation rate increase the… Read more
BETI’s strong headline growth built on quick sand The BankservAfrica Economic Transaction Index (BETI) showed growth of 2.4% on the past year, surface evidence that economic activity is fairly stable. However, the growth is off a low base, following… Read more
Press release: For immediate releaseDate… Read more
Press release: For immediate release Date: 8 July 2015 June’s positive numbers off-set previous poor month ‘The elimination of load shedding for a year could help the economy grow by nearly 3%’ Regardless of the impact of load shedding, weak… Read more