Higher inflation puts pressure on salaries in March, BankservAfrica index indicates
The unexpected headline inflation increase in March, among other factors, led to take-home pay slipping marginally during the month, according to the latest BankservAfrica Take-home Pay Index (BPTI). However, a new trend is emerging in the local job market as more companies operate under the challenging economic environment of persisting loadshedding and higher costs, the company points out.