RC 261028Kaya 959Gugulethu Mfuphi
Wednesday, 28 October 2026
Kaya Biz focused on squeezed South African pocketbooks, with real salaries falling, fuel costs still high, and consumers trading carefully to make ends meet.
- 18:21
Real net salaries are about 2.6% lower year on year, according to Pay Inc's index, with average nominal take-home pay up only 1.7% in the first nine months, below inflation.
- 18:29
Cumulative petrol and diesel increases since April, even after the finance minister's relief, still leave petrol about R10 per litre higher and diesel over R12, lifting business costs too.
- 19:39
Nielsen IQ research found 41% of South Africans say they are worse off than a year ago and 38% say they are better off, with rising food prices the biggest concern.
- 18:35
PayShap has passed 1 billion transactions since its 2023 launch and over R1 trillion transferred, but it processed only about 6% of card payment volumes last year.