Kaya 959 Kaya Biz

Kresantha Pilly

Loading player...
KRESANTHA PILLAY, LEAD SPECIALIST: LIFESTYLE PROTECTOR AT LIBERTY GROUP
According to Henley Business School of South Africa (HBSA) report, “What is the future of work in South
Africa?”, examining the Side Hustle Economy, more than 20% of the employed market, have a Side Hustle or
Side Job.
Whether it is due to tough economic circumstances, or furthering their passions, people are working multiple
jobs and earning money pursuing alternate sources of income.
The Geopoll study (2017) focusing on millennials revealed that over 71% of individuals with side businesses
and 65% of multiple job holders indicated that their hustle was aimed at supplementing their income. This
income made up 19.8% to 24.2% of their total income.
Considering that 20% of the formal workforce is side hustling, with the trend likely to grow in relation to global
trends of multiple job holding, there is a growing need for security due to the perceived risk of this evolved
lifestyle of many individuals in the country. This research raises conversations on the change of the workforce
and how equipped South Africans are to manage their responsibility and dependency on a second income.
24 Oct 2019 12PM English South Africa Business News · Investing

Other recent episodes

SMME Investment: The Secret Growth Engine South Africa Is Overlooking

Independent management consultant Stephan J. Lamprecht argues that South Africa’s real growth potential lies in targeted, sustained investment into SMMEs. We unpack the fragmented support ecosystem, the reforms needed to unlock scale, and how a coherent economic narrative can drive meaningful small-business growth.
14 Apr 3PM 12 min

Mapping South Africa’s Growing AI Skills Economy

Simon Blaire breaks down the latest PNet Job Market Trends Report, showing how AI skills have shifted from niche to mainstream across industries. We explore the rise of generative AI and the difference between AI development and AI application skills.
14 Apr 3PM 6 min

Conflict Pushes SA Agri Input Costs Higher

We explore how the Middle East conflict is driving up fertilizer, diesel, and freight costs across South Africa’s agricultural value chain. Nkhensani Mashimbyi from Absa AgriBusiness explains the risks for producers, the knock-on effects for food inflation, and where export opportunities—especially in citrus—remain strong.
14 Apr 3PM 14 min

SA Mining Under Pressure: Strong February Output, Rising Cost Risks

André Lourens, an economist from the Minerals Council SA, unpacks February’s 9.7% surge in mining production, driven by PGMs, gold, and manganese—and why iron ore and coal remain weak. We also examine easing input costs in February, the expected spike from March.
14 Apr 3PM 19 min

Investing Lessons from Football with Allan Gray

With the FIFA World Cup approaching, Mthobisi Mthimkhulu from Allan Gray, draws parallels between football strategy and investing. We discuss long‑term planning, emotional discipline, diversification, and how consistent decision‑making compounds over time.
14 Apr 3PM 15 min
All episodes