South Africa officially has the highest unemployment rate

South Africa set an unwelcome world record when our unemployment rose to a record 34.9% in the second quarter, which would be the highest of 83 countries tracked by Bloomberg. With this being said, South Africa was already facing an economic crisis and unemployment disaster prior to the pandemic. Covid-19 was simply the catalyst which […]

Earned wage access. What is it all about?

Why are we paid at the end of the month or after 30 days of work?  Simply put, the 30-day pay cycle is a construct that was conceptualised during the Industrial Revolution and we have kept this ever since – because the arrangement suits companies and their cash flow. This may benefit companies but this […]

How SmartWage helps South Africans make ends meet during difficult times

COVID-19 is an unprecedented crisis for South Africans and indeed people all around the world. The drastic measures being implemented by our government to combat the risks posed by the virus, while welcome and necessary, will no doubt cause a great deal of hardship for many people across a country already struggling with a raft […]