36% of domestic workers experienced job losses due to employer affordability issues: Report

Loading player...
GUEST - Lourandi Kriel, CEO SweepSouth
Inflation and the broader cost-of-living crisis are taking an immense financial and mental toll on South Africa’s domestic workers. That’s one of the standout findings from the seventh annual SweepSouth Report on Pay and Working Conditions for Domestic Workers released this week.
The report, which has tracked progress in the pay and working conditions of domestic workers since 2018, also reveals that living costs for the average domestic worker have increased by 15% in the past year, dwarfing the five percent earnings increase they accrued over the same period. Additionally, it shows that issues that arose at the height of the COVID-19 pandemic, including lower job availability, remains stubbornly persistent.
The 2024 SweepSouth Report draws on survey responses from more than 5,600 workers and reveals that the domestic workforce remains predominantly female (92%), with most workers between the ages of 26 and 41 (64%). It also underlines the critical role that domestic workers play within their communities, with 83% as the sole financial support within their household. The average number of dependents remains high at four, underscoring their immense financial responsibility. .
19 Aug 2024 3PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min