HOW MUCH THEY EARN. 1% VS 99%. SOUTH AFRICA’S SALARY GAP EXPLAINED

[@khomotsoemmanuelmothata9150]

I bought a small bakkie. I live near a builders. On weekends I deliver for customers. I clear R2K a weekend after expenses

[@NkosikhonaMlaba]

Nice

[@decepticon8000]

💯

[@siyabongahopewellmchunu2191]

Danko!! Phusha panstula 🔥🔥🇿🇦

[@Mahlanzaa2108]

But you dont make 6k-8k you probably make 4-5k a month

[@tanakamlilo7027]

Well done

[@ntandotshabalala665]

Man, I literally ran into you today at Sandton City -- I shook your hand and said, "biggest fan!", and I meant it. Keep up the excellent work brother, your analyses are world-class.

[@mooshtaffa]

Thank you bro. I remember 😁🙏🏾

[@KiingM]

This makes me sad. It’s widely accepted that SA has one of the worst disparities with income in the world but when it’s quantified, it hurts. A lot needs to change

[@DigsWigs2022]

Dude. You are by far my best follow this year on this app. Absolute best! Well done mfanakithi. Condensed facts that are presented with relevant correlations is no small task. It shows you thought about the data and its meaning. One point. I can't help but think that we are living the consequences of our voting or not voting patterns. Inequality has for decades been highest in South Africa. It's an old problem of Sandton vs Alex. Yet, we allow voting lies and militant rhetoric to play our minds during election season. Badla uSarafina kwa-SABC sidinwe sibavotele futhi futhi futhi. We kinda deserve what we are getting.

[@brightmaluleke5864]

True, this man should be appreciated

[@majorwebprojects1412]

Imagine being paid, R1950 or R2350 per month or less than R6000, pure slavery

[@zuzanidumile8984]

Currently speaking were actually looking at R3000-R6400 range across the board

[@1015mytube]

I think when you call it slavery it's relative to who you talking about, imagine you have a take home of 15k and you are paying your domestic 2.35k that's 15% of your salary already🤷🏾

[@jam-fam]

Yes, we need more regulation and law enforcement to ensure that our laws are complied with and our economy grows.

[@briandejesustofa3708]

How much do you think Clicks is paying the cashiers?

[@khotsosepeng1900]

Where I'm from you're lucky if you make 6000 I used to make less than that working 12 hours a day. My white friend makes that in a week and he left school at grade 8 and I have a diploma

[@sibusisobaloyi7835]

My salary lasts 2 days but it's because I lack financial discipline. I'm working on it though and I always prioritize the important things.

[@ISaidTheMan]

welele... ngathi uthanda abafazi. 🤣

[@brightmaluleke5864]

Think and grow rich, and rich dad poor dad is what I am using

[@ISaidTheMan]

@@brightmaluleke5864 ahh chief... reading a book is not going to save you so don't waste your time with those books... 💀

[@sibusisomanganye7471]

Automate your savings for about 3 months and see if you can save or not save. Start with at least 20% of your monthly income.

[@AkereBerkley]

Robb banks or start a business

[@kamiiichu]

30 year old male. Fortunately i have no debt. I am an uber eats driver. I make on average 12k a month. I save 4k a month for emergency and put 500 asside for investment. My rent is 2k including water & electricity. I minimalize my expeses as much as possible. Our issues specially as blacks is that we wanna look like we made it.

[@thabangmotshwene522]

12k pm?using a bike or car?

[@kamiiichu]

@@thabangmotshwene522 using a bike

[@fruitypopwhickle6806]

Thanks for this! People look at me like I'm crazy for living sensibly...

[@kamiiichu]

@@thabangmotshwene522 bike

[@kamiiichu]

@@thabangmotshwene522 bike

[@gracetuswa5953]

Ur knowledge that u brought to us brings light, intelligent young man may God bless u

[@mechailreydon3784]

Started working 3 years ago and I’ve been spending very conservatively saving as much as I can while I’m still staying at home with even with my estimated salary increase I would have to put down a deposit of R650 000 to qualify for a R1 million place (that’s a two bedroom apartment at best) Meaning i would have to save about R130k every year for the next five years. That’s R10800 every month. A mind blowing 72% of my current salary. As a young person I can honestly say to say the future looks bleak is an understatement.

[@tumelojonas5132]

Work on your credit score. Your risk profile will go down, lowering the required deposit in the process. Don't lose hope, we can do this.

[@kamiiichu]

Where are you based at? Coz a 2 bed flat is between 300k-600k depending on location

[@tumelojonas5132]

I'm based in the most expensive city in Africa, Cape Town. Where you can be set back R1.5mill - R4.3mill. These are not apartments along the beachfront, it's where the "middle-class" live here. But as expensive as it is here, my head is firmly down, working hard relentlessly with the belief that I will own my own one day.

[@maxpyn8120]

Do what the foreigners do. Sell things part time. I'm 40 have a supermarket and I'm going to start a poultry farm as a second business

[@kingnyovane8831]

I started growing a veg & fruit garden, and sell the seedlings to grow the food cache. Then I save my money in usd,euro and gbp and a portion goes to my emergency fund.

[@vusiforfun2479]

My salary is a view once, so about a day

[@ij9375]

😂

[@b.m2133]

What I hate the most is people think this happens only in RSA. This is a whole World issue.

[@sphiwemaseko2268]

It's stupid to compare the whole world with SA! The fact that it's whole world is wrong it doesn't mean we shouldn't correct them and their stupidity!! It's crazy how you think😢

[@chasep402]

Lol

[@robbylebotha]

@@sphiwemaseko2268the problem is that you think it’s caused by people’s behaviour. You can save all you want but if next year bread is now R150 you will still be poor. If you invest in property the markets will somehow crash and you lose everything. The system is not broken, it’s working as design. For people to be rich, most people have to be poor, and to prevent the poor from attacking the rich, you buffer with a middle class. And anytime any of them save money, then inflate prices. Simple and sweet

[@b.m2133]

@@sphiwemaseko2268 you are stupid. I hate that ordinary people think they can talk about Economics and Politics but you'd never advise a Medical Doctor on how to do their job. Capitalism is the only way and there will always be alot more poor people then there are rich people or else the world would crumble.

[@mandisingalo9912]

So does that make it right? You have ANC voter mind.

[@sphiwemaseko2268]

I worked for a Private company in Isando Kempton Park, when i arrive there in 2015 an old man was earning 1800 a week while i was earning 7 to 800 a week. I worked there for 8 years and i resign this February i was earning 2800 a fourth night! I resigned my package was 18 000 after 8 years of my service to them

[@undergroundkid8337]

danm bro

[@sphiwemaseko2268]

@@undergroundkid8337 it's systemic oppression my bro it's painful. Racism on it's highest form

[@mudzungamutepe7435]

I’m a student, stressed and tired most of the time. I still sacrifice rest/study time and braid people. It does make a difference

[@thabisohitchdladla]

Here is a set of 5 SA salaries R1000 , R1000 , R 8000 , R100 000 , R815 000 Median = R8000 ( it's in the middle of the given set) Average = (1000+1000+8000+100000+815000)/ 5 = R185 000 Mode = R1000 ( it appears the most in the given set)

[@pipita_simz]

Some must stop taking loans only to go to Konka. As a people we first of all must start by living within our means

[@adamh5466]

Man, this is totally sad. I am an American who visited SA last year. I had a wonderful time, I love your beautiful country, but the wealth inequality makes me really sad.

[@TheNizzah1]

My 5-9pm is data consulting for small businesses after work. I also do this on weekends instead of enjoying free time. My whole salary is taken by debit orders so I survive the month on this money

[@drtandokazigaqana6897]

What a cool idea

[@zidosmith1472]

So my salary use to last me till the end of the month and I would save something but now I have a girlfriend and its gone on the second day. Only left with Petrol money after that.

[@siyabongakhumalo6841]

😂😂😂

[@phantsi_]

Lol😂

[@Nkosinathi-vh6di]

😂😂

[@NerdiMee]

Can some women claim boyfriends as earnings too... they are that 1%😂

[@taelimolotsi3671]

Get rid of the problem chief 😅

[@onkeshange7397]

Love and enjoy your content brother

[@MrCharlesMega]

Thank you for the informative video

[@mooshtaffa]

My biggest pleasure

[@molopyane]

Now can someone tell me how come so many South Africans are driving cars costing more than R10k per month? No wonder we are not becoming financially free!!!

[@Student_of_the_game]

Bro!!!! Please tell me

[@robbylebotha]

Various reasons. 1. They but vehicles under company. 2. They are in their 3rd or more vehicle trade in so they are paying less on the car. 3. There over 60 million people in SA, if 10 percent are rich, that’s 6 million people, therefore the that’s a lot of people you are seeing with expensive cars. 4. They work for dealerships or companies and those are company cars. 5. Many companies have vehicle allowance. One company I know offer mandatory R16,000 vehicle allowance that you must use on a vehicle for yourself. 6. They a married and with combined salary they can afford one expensive car and one basic car. After 5 years they buy another expensive car now they have 2 expensive cars. And let me plug you if ever you somehow get a million or more rands. Look into “garunteed monthly income investments”, offered by ABSA or FNB. Before going to buy Gucci to heal from poverty trauma. 😊

[@manny8042]

My Salary actually lasts me the whole month and I can save on top of that even after paying my bills. I'll be honest, I'm very conscious about what I spend my money on. Saving is so important! But I really for people that earn below average and still have to take care of their families on top of that. It's heartbreaking 💔

[@kgalanet]

Quality presentation 🙌🏽

[@exclusivdkpro]

It's tough, recently moved back home just so I can easily pay off all the debts i had and I must say it has been a relief because I am able to put away 7K in TFSA account for investments in the future

[@MIchaelDaniels-q3c]

The GNU has decided that they are not going to interfere in business in SA we voted for this unequal in pay

[@ScissorN]

I make R7000 as an intern but instead of our employer saying we should just work from home they expect us to be in office everyday😢 even though all meetings are held online and im in IT . I spend R3500 on transport alone that includes tall-gates 🙂 , i use my car to travel luckily its paid up as i bought it from my previous job, R1000 on food , R500 on data , R200 on cartracker , R300 on Foschini account, then the rest of the money i dont know where it disappears probably cosmetics 😅 im 35years , my life is a mess… basically my salary dont last for 24hrs

[@Mlondii]

That sounds very bad.

[@RootsAndRoutesChronicals]

@@jenevievemajoor7480can you change school?

[@siyandamasala1136]

Honestly you do not need that car, get rid of it and use that money to buy an asset that will generate you income or invest. Better yet, get in the e -hailing business after work or weekends.

[@Ritesh-yy1zr]

35 and you a intern? SA is bad yoh

[@SK-fj7ws]

Salaries should be paid according to the skills of the worker contributed, not because it's the law.

[@1015mytube]

Back late 2011-early 2012 I had a shortfall of about R2000 on my monthly spent, at that point I thought I need to do something about this fast forward to today I live only on 40% of my salary the whole month🤞🏾🤞🏾

[@mooshtaffa]

Brilliant 🔥🔥🔥🔥

[@elmercer]

Find a specific skill that sets you apart from the rest and make sure you master it. It’s the only thing the system nor anyone else can’t take away from you. The information is out there people, stop paying attention to distractions that don’t yield some sort of financial education or the quick-money generic schemes. Sacrifice the short-term laughs and giggles for long-term success and go do your thorough research.

[@mnchabel8402]

Is it even worth it working in private sector as an unskilled worker?

[@Ritesh-yy1zr]

Nope, even as skilled, they pay peanuts

[@sotraboybanks_666]

"No DNA just RSA" yeah?? 🤧

[@mooshtaffa]

You’re too loud 🤫

[@SiyaMboneli]

😂😂

[@KAGISOMASEMOLA]

Entry level manufacturing entrepreneur here. That food poverty line, I need more information, how best can I support my employees while meeting my financial goals. What is a reasonable financial goal for a person in my situation? A young black semi independent industrialist.

[@msylvini]

I remember working in retail and getting mall gift vouchers when we hit our incentives. Why not get R700 food vouchers for your employees if you can afford it to guarantee that money is spent on food.

[@OGLechaba]

I’m trying to build an investment portfolio of equities and use the dividends to supplement some of my monthly expenses

[@rodneymanwaring9396]

Its rough out there in the job market. Most full time workers earn low wages I worked alongside them in operations.

[@njaphs]

Vabaza, this is depressing.

[@mooshtaffa]

We need to know in order to change it 🙏🏾

[@njabulomasina4180]

Are these gross or net (of taxes, pension, UIF, medical aid) salaries?

[@user-db9vy2gh3v]

24k medium is net the 15k is gross

[@Neom43]

Doesnt matter the numbers are shocking either way

[@jasonmackay2604]

As a one time candidate attorney in the Eastern Cape, I had the privilege of earning 3000 a month to do all the soul crushing work. I didn’t make it to the end of articles because I needed to make real money. Now I’m in Asia, earning about 37k per month. More than I would ever earn as an attorney. Don’t even consider law unless you have a friends who can open doors for you.

[@siphekala4934]

😢 So curious about the context of the different numbers. Is the R15k a livable wage for a single person or a family? Which province? Also, can you please share links to sources?

[@siyandamasala1136]

I think stats SA has that data

[@bulelanibaqwa]

I have started the debt avalanche, aggressively paying down store accounts, catching up on utilities and only using the debit card for monthly expenses. It's slowly eeking out margin

[@mayabremridgebremridge6531]

It's the same all over the world......

[@asiphenyabelemosha9345]

I'm a student, earning R1.6k a month .. i barely survive. Already 9 days in, balance is zero.

[@IsabellaS967]

Please plug me I need a job as a student too😢. Also everything will get better, always pray 😊

[@lukealadeen7836]

I earned R0 as a student

[@mondlimkhanyiswa1206]

For me, roughly lasts 2 weeks

[@_Justin_Case]

A lot of people would kill for their salaries to last 2 weeks.

[@mondlimkhanyiswa1206]

@@_Justin_Case 😆😆, that's at most. Never more than that.

[@sbonzama7013]

What are percentages and salary ranges? For example what is the % of the population that earns lets say between R5k to R10k, R11k to R20k,R21k to R30k etc?

[@nkosimJabu]

Then you have the Democratic Alliance saying minimum wage is too much 🙄

[@andiledimo2898]

One income is not enough to sustain living standards in Mzansi

[@makhuphukamnguni9782]

The median isn't a good indicator to discuss. The mode is the best stat or at least the average

[@nlocnil3602]

I work unreasonable amount of overtime monthly so that i can take home an extra R6k otherwise my salary will just take care of my expenses

[@spheleleNgubane-i4w]

Save as much as you can and find partners to open a business with.

[@simplemcritick738]

My salary lasts 1 day in fact if i was given a full day to pay my debts it would last for 2hours

[@halinaleonowicz8038]

So you should be dead by now or are you robbing the banks?🤔

[@kashanmobile648]

Explain how the SASSA Old Age Grant(R2180pm) is enough to keep an elderly person fed & housed?

[@mercymsezeni838]

Each person is responsiblefor their upkeep. The grant shouldbe an add on. Where are the vegetable gardens the elderly can eat and sell from?

[@kobusswanepoel6447]

Skills and willing to work overtime whe you are offerd overtime. But I would rather go homexand sleepblate on Saterday. Monday morning arrives and the overtime workers got 4 peoples overtime from the budget divided in 2. So they score and extra 50% for showing up. The is commitment and clever. Never say no to overtime!!

[@anitanotico9397]

My salary lasts beyond a month. I save more than 50% of it. I only have petrol, food and bond as my recurring expenses. After those expenses and savings I still get paid with about R5-7k a month in my account, then I spoil myself with it

[@dylanmatipa136]

People just need to work harder

[@moeketsimosidi2140]

Selling merch and basketball referee on weekends.

[@sbonzama7013]

Mine last until next pay day.

[@lesplaatjies5072]

Average salary is a lie just like middle class. The averages should be given on brackets.

[@SiyathembaSwelanto]

The system is rigged bro. The poor and middle class are the worst victims. I recommend Robert Kiyosakis classic book Rich Dad Poor Dad. "The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money... but never learn to have money work for them." - Robert Kiyosaki

[@LulamaNtentesa]

Please share a link to this StatsSA document. Thanks.

[@ISaidTheMan]

amajita k'phela lana kulama comments... zyakhala mos. 🤣🤣

[@mooshtaffa]

My gender split is 80% male. Ladies don’t seem to want this info 🤷🏾‍♂️

[@ISaidTheMan]

@@mooshtaffa yaa neh...

[@IsabellaS967]

​@@mooshtaffabathong? We're here 😂😂

[@spheleleNgubane-i4w]

@@IsabellaS967 "gender split= 80% male, he has a point.

[@IsabellaS967]

@@spheleleNgubane-i4w yeah i saw abuti I was just being sarcastic

[@MrMnix27]

5 days is a lot nowadays for the money to last in some of our accounts Kusekude engqinibeni.

[@Morbid_Mysteries]

Mine lasts a full 3 days than I only have petrol money left

[@Thabisosm]

Median, Average and Mode???

[@thabisohitchdladla]

Here is a set of 5 SA salaries R1000 , R1000 , R 8000 , R100 000 , R815 000 Median = R8000 ( it's in the middle of the given set) Average = (1000+1000+8000+100000+815000)/ 5 = R185 000 Mode = R1000 ( it appears the most in the given set)

[@celimbokazi5811]

5 days

[@ExponentialEdgeAcademy]

Great content and quiet insight. What am i doing to offset the financial losses and ensure that my money goes a long time? i invest in crypto, and i trade the stock markets. There's money there you just have know how to get.

[@AshleyMels]

1:05 😢😰

[@justart2737]

I was earning 14k after tax a month in S.A. I left to make 75k after tax a month doing the same thing. It wild.

[@koketsom3840]

Where did you go? 😢

[@kevinlenyatsa3648]

Where?

[@ScissorN]

Where😢

[@khosisibanda3255]

How much are your expenses, how much is your accommodation

[@Mlondii]

I'm an AP teacher in China, I don't pay for accommodation where I am only utilities electricity is very cheap here so is water probably R400 a month for both. It really cheap and food is cheap too. I barely spend R5000 a month on myself. Of course I'm single too so that kinda contributes too.

[@xolanidludlu4]

2 days

[@dreadynerdy6382]

the struggle is even affecting the mjolo...crazy

[@mooshtaffa]

Kuuuuuubi

[@chasep402]

Yeeeeyi😂

[@NEWSGALORE28]

😂

[@4collen]

My idea is let's boycott going to work for a week and see who will lose money 😢 .. they must come and beg us to go back to work with our terms. We are so kind that we see what is wrong and not doing anything about it. Come on Mzansi 😂

[@spheleleNgubane-i4w]

But you know that the company or people you work for have many expenses to pay for on behalf of the company? They don't just pay workers, i agree they get significantly more than an employee which at times they deserve but boycotting may cause more problems than solutions.

[@4collen]

@@spheleleNgubane-i4w Good point, then that means we need to make sure the money rotate amongst ourselves before it gets out of our communities. Support each other and build each other. My 2 cent 👍

[@spheleleNgubane-i4w]

@@4collen Do you mean create community stokvels and create partnership businesses in the community?

[@4collen]

@@spheleleNgubane-i4w that too can work but what I mean is: I am not sure if it's the Jewish people who does this; they make sure that they buy from each other and their money doesn't leave the community unless what they want is not sold in the community. This creates value and wealth in the community when the money is circulating around the community.

[@spheleleNgubane-i4w]

@@4collen Oh okay, basically you're saying South African communities should operate like Orania? People may hate it ( this is not about that) but we have to agree that the way their community works benefits everyone.

[@borismkhwanazi583]

Its last 4 day only

[@ayabongasampies]

One day

[@puglapapa]

You get paid for skills. Sweeping is not a skill.

[@dicksonbanda5125]

you are right. a cheek is just a cheek until a mosquito land's on it. just because a skill is not hard to obtain does not mean it its value is worthless. some skills have far reaching values directly or indirectly , that are not obvious at first glance

[@zuksontheline]

Theor (R15000) Vs Actual (R4600)

[@undergroundkid8337]

i used to get paid R5.3K 3years back and it would last for 3days or two at best

[@refilwemafalo6788]

There is literally an article about a guy on the daily maverick who was working . Company issued massive layoffs. Long story short the dude is now Homeless. Unrest may be imminent. Don't say I didn't warn you.

[@mooshtaffa]

Yohhh 😢 please send link

[@refilwemafalo6788]

@@mooshtaffa kzbin.info/www/bejne/boSoqmaqa92IbdUsi=HoisawnFpX6U47fg

[@refilwemafalo6788]

@@mooshtaffa kzbin.info/www/bejne/boSoqmaqa92IbdUsi=UhzBD4ctOqVVEuYa

[@refilwemafalo6788]

kzbin.info/www/bejne/boSoqmaqa92IbdUsi=UhzBD4ctOqVVEuYa

[@mashudundou5336]

I’m 19 earning 81 000 gross I save 25000 a month

[@fruitypopwhickle6806]

You should save waaaay more, Mashudu! What do you do, btw.

[@Dalf80s]

Can only be a pimp making that money in this country at that age. Think he is lying

[@mashudundou5336]

@@fruitypopwhickle6806 mma fighter

[@ij9375]

Ok bro 👍🏾

[@BafanaBentsela]

@mashudundou5336 81k? What do you do for living?

[@_Justin_Case]

If I wasn't making tips, I'd be depressed. My salary is gone within 2 weeks. I survive the last 20 or so days on tips. Take tips away, and I'm trouble. 😂😂😅

[@peterroodt5343]

Perhaps you should turn your attention to productivity

[@phiwazulu1662]

What's the STATS SA Report called? I want to read it in full

[@ByronMothiba]

Salary lasts 2 days 😭😭😭

[@mphilisintonyela]

My salary lasts 2 days in my account.

[@maxpyn8120]

Most of these low paid people can't do anything you must supervise them the whole shift. The moment you not in sight boom no work gets done and you must think for them lol . Then you get a R8000 per month worker they are better but 12 000 and up you can leave them alone at the job they probably have matric with maths

[@Bandise]

Sorry guys, but is this net or gross/ctc?

[@Skha_LowTk]

5 DAYS

[@ludwemmotampiyakhe8595]

2 weeks

[@kkKKSN123]

Lucky you, mine goes a couple of hours 🤞🏿

[@sufi8903]

2 weeks 😮 impressive 👏 Oh wow 👌 Mine between a day or two, stretches to 3 if debit orders are late...with that said I save 25% of my net income...

[@hillaryohloa-pg7zz]

💔💔💔💔

[@vusumuzi_mathumo]

How much do slay queens make?

[@LethaboMatseke]

my salary lasts 1 week

[@XXthink]

Not looking good south africa

[@progressiventukza510]

I’m a rabbit farmer

[@g.mgomza239]

Sassafrika🤦🏿‍♂️

[@tokelo7515]

Ehh monna marete a gago whee are you from