Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Business explainerBusiness explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business explainerBusiness explainer
    Home » 57% of South Africans Have Ditched the Single Salary
    Entrepreneurship

    57% of South Africans Have Ditched the Single Salary

    March 30, 2026
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    When side hustles become real businesses
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In South Africa, the phrase “I’ll make a plan” is more than a saying – it’s an economic strategy. According to Old Mutual research¹, 57% of South Africans now rely on multiple income streams, reflecting the growth of side hustles and informal work. Millions of people are not waiting for opportunities to arrive. They are creating them.

    Across suburbs, townships and small towns, everyday skills are quietly becoming income streams. Someone who used to fix neighbours’ appliances after hours now runs a small repair business. A university student designs logos between lectures. A retired teacher tutors maths learners online.

    It’s the reality of South Africa’s growing gig and micro-entrepreneur economy – practical, resilient and often built from necessity.

    For many people, particularly young graduates and school-leavers, formal employment can take years to secure. In the meantime, many are turning skills into side hustles that gradually become real businesses. 

    According to data, only 10–15% of young jobseekers remain sustainably employed, with many moving between temporary work and short-term income opportunities. Essentially, the informal economy provides around 20% of earning opportunities for youth and has grown significantly over the past decade².

    This shift is exactly what South African platform Uptooyoo is designed to support. The locally developed app and web platform allows people to list their services, promote their work and connect directly with clients looking for help – from home repairs and hair styling to tutoring, digital design and admin support.

    The idea is simple: if you have a skill, you should be able to turn it into income.

    “We often hear that people must ‘create their own opportunities’, but the reality is that many skilled South Africans don’t have the visibility or networks to find paying clients,” says Courtney Wilson, Business Development Manager at Uptooyoo. “Our goal is to make it easier for someone to turn a skill into a small business that can grow.”

    Unlike social media groups or word-of-mouth referrals, platforms like Uptooyoo help service providers build a professional presence and reach customers outside their immediate circles.

    For many small entrepreneurs, that shift can make the difference between a once-off side job and a steady stream of work.

    As the future of work continues to change globally, South Africans are showing that resilience and creativity remain two of the country’s strongest economic assets. From fixing cars and cutting hair to building websites and teaching languages, the country’s next generation of businesses may not begin in office towers – but in garages, spare bedrooms and WhatsApp groups.

    Platforms that help connect those skills with real customers could play a key role in turning everyday hustle into sustainable livelihoods.

    References:

    ¹ –  Old Mutual Savings & Investment Monitor (OMSIM) 2024 survey – https://www.oldmutual.co.za/savingsmonitor/ 

    ² Harambee Quarterly Reports –https://www.harambee.co.za/young-people-want-to-work-not-wait/ https://www.harambee.co.za/breaking-barriers-feb-2024/ 

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleHow the Cigarette Ban Created a Permanent Criminal Empire
    Next Article PHOTOS – Toyota’s Boldest SUV Yet

    Related Posts

    What SMEs Overlook

    April 20, 2026

    How to Get Your Business Ready for Private Equity

    April 16, 2026

    From Dismissed to Dealmaker: How a Student Built a 500-Partner B2B Network From Scratch

    April 15, 2026
    Top Posts

    Seven Families Sue OpenAI In ChatGPT Suicide Scandal

    November 10, 2025

    Volkswagen Chief Praises Chinese Competition for Sparking Innovation

    November 7, 2025

    WomenIN Festival 2025 – Limitless: No Labels, No Limits, No Apologies

    November 9, 2025

    Nersa Opens Public Consultation on Eskom’s New Tariff Calculation 

    October 24, 2025
    Don't Miss

    Engen Announces Partnership With Chery at Premium Lepas L4 Launch

    DEALS

    Engen proudly partnered with Chery Group South Africa for the launch of its premium sub-brand…

    Understanding South Africa’s 2026 CPA Amendments on New Opt-Out Rules for Direct Marketing

    April 21, 2026

    How to Spot a Real Telesales Call Every Single Time

    April 21, 2026

    YesPlay Named Title Sponsor for Springboks vs Barbarians Match

    April 21, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    © 2026 Business Explainer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.