Tag: Salem Nyati
Social media distortion – is your feed undermining your finances?
You’re lying on the couch after a long day, scrolling through Instagram. Someone is drinking cocktails in Bali. Someone else is unboxing a new handbag. A 25-year-old is smugly explaining the “five things she did to become financially free”. Another reel tells you that your savings “should” reach a certain number by 40. That number makes your stomach drop. You put your phone down and feel vaguely as though you’re failing at life.
Gambling for survival – when desperation leads to destruction
Most South Africans are not gambling more because times are good. Instead, they are gambling more because money is tight. South Africa’s gambling industry generated a record R75 billion in gross gambling revenue during 2024/25. At the same time, the betting segment alone grew sharply from R8.8 billion in 2019/20 to R23.7 billion by 2022/23.
Bracing for the record fuel hike – impact on consumer finances
With a catastrophic, record-setting fuel increase on 1 April 2026, South Africans face significant pressure. In fact, many households are already bracing for the record fuel hike. This increase will extend far beyond the forecourt.
