12m overindebted South Africans

The United Nations’s International Day of Family Remittances, celebrated on 16 June, showcases how international remittances – money sent from one country to another, often by a foreign worker to family or friends in their home country – contribute both to national economies and the resilience of households and communities…

‘From a tobacco point of view, South Africa is the only country in the world where illicitly traded cigarettes are cigarettes that are traded over the counter,’ says economist, Sifiso Skenjana.

As SA gears up to host the G20, the first-ever Urban20 Sherpa meeting to be held on the African continent is set to devise a shared vision for urban progress. A look at essential steps needed to stop illicit tobacco trade.

‘What we saw in 2024 was that 36% of the respondents who gamble actually said they gamble to pay off their debts and to cover their expenses,’ says John Manyike, head of financial education at Old Mutual.

A look at the hidden costs of SA’s gambling problem. How the local retail economy is finding growth in the wellness sector. And new data shows that young people are leading the adoption of earned wage access technology.