Why South Africa is seeing a rise in gambling

Loading player...
GUEST – Eunice Sibiya - Educator & Coach on Personal Financial management

Gambling is not a new phenomenon. From the gleaming slot machines on casino floors to playing “dice” on a random street corner, it has been and continues to be an activity in which many engage — whether young or old. However, online gambling, made accessible largely by smartphones, has become an even more attractive option to those wanting to try their luck.

Social media, Twitter especially, has become a platform where young people routinely share their personal gambling experiences. These are young people who bet on such online sites as Lottostar, Betway, Hollywoodbets and World Sports Betting, for example. Many of these young people bet continually on football games.

They talk openly about this, to the point of sharing screenshots of winnings. What has been distinctly amiss, however, are the converse narratives. What about everyone else who is gambling online but losing?
23 Oct 2023 4PM English South Africa Business News · Investing

Other recent episodes

Gautrain at 16: Inside SA’s Most Successful Transport PPP

Gautrain Management Agency CEO Tshepo Kgobe joins us in studio to reflect on 16 years of the rapid rail system that has carried more than 216 million passengers. We go beyond the milestone to unpack operational excellence, affordability, and the future of Gauteng mobility. A deep dive into what it…
24 Jun 4PM 24 min

Building a Business in the Taxi Economy: The Auto Konek Story

Auto Konek founder Siphiwe Dlamini shares his entrepreneurial journey from humble beginnings to becoming a trusted service provider in the taxi and commercial vehicle sector. We explore how he broke into a notoriously tough market, the operational realities of supporting taxi owners, the cost pressures operators face, and the lessons…
24 Jun 4PM 14 min

Construction at a Turning Point: What the ACI Reveals About SA’s Economy

Economist Dr Roelof Botha unpacks the latest Afrimat Construction Index, which shows a marginal 0.3% year‑on‑year rise — but with deeper signals of stabilisation in non‑residential buildings and construction works. We discuss employment resilience, tender activity surges, pressure points in materials and hardware, and what the data says about capital…
24 Jun 4PM 14 min

SA’s Car Market in Digital: Prices, Choices & Value

Cars.co.za’s Alan Quinn unpacks the digital trends shaping South Africa’s car market — from value migration and tax‑driven pricing distortions to the rise of Chinese and Indian brands. We explore what consumers really need to know when navigating one of the most complex buying environments in years.
23 Jun 4PM 12 min

Millennials & Gen Z Rewrite SA’s Vehicle Market

Absa’s Fulufhelo Mandane reveals new data showing a surge in new‑car purchases among young South Africans, despite affordability pressures. We explore shifting preferences, longer repayment terms, and the rise of value‑driven models reshaping the future of SA’s vehicle market.
23 Jun 4PM 17 min