WEALTH CREATION – Gen Z put their money where their values are with a unique investment approach

Loading player...
GUEST – Sean Sanders is founder and CEO of Altify.

Born between 1997 and 2012, Gen Z have lived their entire lives in a digital-first world. These are the people who have never known a time before social media, been without a smartphone, or lacked instant access to information thanks to a consistent global connection made possible through the power of technology. These are also the people who are turning the world of investing on its head.

According to Bloomberg, the world’s youngest generation of adults now has $360bn in disposable income. Let that sink in for a second while keeping in mind that the oldest people from this generation are turning 27 in 2024. This incredible financial power is already reshaping cultural trends and redefining financial paradigms. Many of them are opting for investing rather than spending, making them one of the thriftiest generations yet — with an affinity for investment choices that may surprise.
29 Apr 2024 2PM English South Africa Business News · Investing

Other recent episodes

Township traders push back against liquor licence fee hikes

The Gauteng Liquor Traders Association (GLTA) is pushing back hard against proposed liquor licence fee increases by the Gauteng Liquor Board, warning that the move could cripple thousands of township-based micro and small businesses. Jongikhaya Kraai, Spokesperson, Gauteng Liquor Traders Association discuss what a sustainable licensing fee look like for…
16 Feb 2PM 10 min

‘February sees millions of South African youth become economically invisible’

According to the Afrika Tikkun Foundation, nearly five million young South Africans become economically invisible this February as universities reach capacity, job opportunities tighten, and thousands of matriculants and graduates find no clear pathway forward. Dr Nellie Zembe, Group Head: Monitoring, Evaluation, Research and Learning explain s why this happens…
16 Feb 2PM 15 min

Latest developments in SA's telecom sector

Gugulethu and Telecoms analyst, Dobek Pater take a closer look at the latest developments in South Africa’s telecom sector, following recent results and trading updates from major players. Telkom is expected to report stronger earnings since December, Cell C has released its first results since listing on the JSE, and…
16 Feb 2PM 17 min

Taxpayers may be heading into a “Silent Budget”

Ahead of Finance Minister Enoch Godongwana’s 25 February Budget Speech, there is growing concern that taxpayers may be heading into what tax specialist Lance Collop describes as a “Silent Budget” — a year in which take‑home pay declines even without headline tax rate increases. Lance joins KayaBiz.
16 Feb 2PM 13 min