The gig economy in South Africa is growing quickly in 2024. Here’s how you can make it work for you. Image: File/FotorThe gig economy in South Africa is growing quickly in 2024. Here’s how you can make it work for you. Image: File/Fotor
The gig economy in South Africa is something digital-nomad types have been exploiting about for years, even before the COVID-19 pandemic accelerated everything. Now, it seems the side hustle gig economy in South Africa is finally coming of age. This is according togrowth over the previous year. Moreover, one in three Gen Zs have multiple side hustles. Therefore, extrapolating currentGlobally, side hustlers are thriving, too. 12% of the global workforce participates in the online gig economy.
Anything and everything. The gig economy in South Africa is all about on-demand contracts. It needs lawyers, writers, accountants, actors, designers, developers, social-media influencers, photographers, nurses, content creators and anything else you can think of. Moreover, there is big opportunity in South Africa’s gig economy for platforms that cater to this work profile.
If you’re a company looking for a side hustler, where do you go? Also, there’s a financial element that’s often overlooked. Stuff like invoicing, billing, tax compliance, etc – that adds complexity to this otherwise informal work. That’s where local start-upCraft enables side hustlers in the gig economy in South Africa to send professional, automated invoices. The site also has a convenient dashboard where users can see all their invoices and income.
The latter is made possible by having all your invoices in one convenient place to prove your income. This is also helpful if you need approval for large loans for a house or car. The side hustle gig economy in South Africa appears to have finally landed. So make sure you side hustle with the best of them.Do you participate in the side hustle gig economy? Do you have advice for any other freelancers? Be sure to share your thoughts with our audience in the comments section below.
Source: Financial Digest (financialdigest.net)
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