Tag: Living Costs
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Public Servants Salary Increase: Boosting Living Standards for South African Workers
Amidst the economic challenges South African public servants face, a ray of hope shines as the government announces a significant Public Servants Salary Increase expected in February 2024. This long-awaited adjustment relieves many workers grappling with the relentless tide of inflation and soaring living costs. Impact of Public Servants Salary Increase Announcement The announcement of…
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2025 Social Security Adjustment: Potential Lowest in Five Years Raises Concerns
Social Security recipients’ cost-of-living adjustment (COLA) may drop to 1.4% in 2025 from 3.2% in 2024. Senior Citizens League projections indicate the lowest COLA since 2020. December’s consumer-price index for urban wage earners and clerical workers (CPI-W) was 3.3%, slightly higher than 2024’s 3.2% COLA. Social Security Recipients Face Potential Drop in 2025 COLA –…