Category: Business
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South Africa’s pay divide: Who earns what and why it matters
Stats SA’s latest report on monthly earnings reveals striking disparities in South Africa, from a persistent gender pay gap to regional and educational influences on income. Women earn 20% less than men, and median earnings barely cover basic living costs.
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Not all fun and games: Online sports betting boosts gambling revenues to record highs
South Africa’s gambling industry generated R47.2-billion in revenue in the last financial year, the highest amount ever recorded. This record growth is being driven largely by online betting, which accounted for more than half the revenue, according to the National Gambling Board’s most recent annual report. South Africans placed R418-billion worth of bets last year,…