Kaya 959 Kaya Biz

South Africans are gambling with essential or borrowed funds, survey reveals.

Loading player...
GUEST – Lynette Nicholson – Researcher at InfoQuest
South Africa is in the midst of a gambling boom, with online gaming and sports betting surging in popularity, especially among younger adults. While this sector is contributing billions to the economy, the human cost is becoming harder to ignore. Recent findings from infoQuest reveal a troubling reality: many South Africans are gambling with essential or borrowed funds, integrating gambling expenses into their monthly budgets, and even experiencing loss of control over their gambling habits.
7 May 2025 1PM English South Africa Business News · Investing

Other recent episodes

INSIDE YOUR BUSINESS: Transformation fund: opportunity or threat for SMEs?

The government is preparing to launch a revamped Transformation Fund as early as next week, rewriting incentives that have shaped corporate behaviour for more than two decades. Joining Gugulethu today is Jamell Khan from Unconventional CA (UCA), who has been vocal about the risks of centralising corporate transformation funds.
28 Jan 1PM 12 min

SAFDA’s plan to rescue Tongaat-Hulett and protect farmers’ livelihoods

South Africa’s sugar industry faces a critical moment as Tongaat-Hulett, one of the country’s oldest and most prominent sugar producers, confronts provisional liquidation despite ongoing efforts to stabilise the business. South African Farmers’ Development Association (SAFDA), led by Chairperson Dr Siyabonga Madlala, has stepped in to assure farmers and employees…
19 Feb 2PM 17 min

South African professionals are facing a new era of stress

South African professionals are facing a new era of stress, one that is no longer confined to busy periods or isolated pressures but embedded in the fabric of everyday life. The 2025 Profmed Stress Index released on Thursday reveals a workforce grappling with financial strain, toxic workplace cultures, systemic instability…
19 Feb 2PM 11 min
All episodes