Shergeran Naidoo is the head of stakeholder engagements at BankservAfrica where he is responsible for engaging with key stakeholders and driving initiatives to promote the organisation’s sustainability.<\/p>\n
Naidoo is an accomplished executive with extensive experience in the business development, corporate governance, financial management, and legal arenas.<\/p>\n
In this episode of Business Talk, Naidoo discusses the latest BankservAfrica Take-home Pay Index, which shows that salaries and wages in South Africa are slowly returning to pre-pandemic levels.<\/p>\n
He also provides insight into the impact of the third wave of Covid-19, which is likely to reflect in the data in the coming months.<\/p>\n
With the rising cost of living in South Africa – thanks to fuel hikes, food price increases and electricity well above inflation – the needle on take-home pay in the country has hardly moved over the last 4-5 years.<\/p>\n
This is concerning as the average working individual is poorer today than several years ago, which will impact economic activity, he says.<\/p>\n
The full interview is embedded below. You can find all the Business Talk with Michael Avery interviews here<\/a>.<\/p>\n