Such a disheartening experience.
Between the very bad management by people who have no experience in management positions, there are very low, typical "startup style" salaries, high expectations, salaries arriving later than expected without prior notice, and a generally very stressful environment.
Explains the very high turnover rate.
MONOQI's filing for insolvency was no secret earlier this year and a lot of things in the way it operates can help you understand why it happened.
The company's workforce is mainly based on young people from foreign countries with not too much experience, willing to work for lower salaries until they manage to move on.
My advice would be to stay away.