How To Make More Money Than You Need In South Africa

Making money in South Africa may not be a very difficult thing to do for some people who know how to do it but it can also be very difficult for some others. There are few job opportunities in the country but there is a large number of people with formal education all looking for these few available jobs. Getting a good job is one of the easier and more secure ways to make a living in the country. Other than jobs, entrepreneurship, business and investing are also ways anyone can strike it rich in South Africa. The country has a population of close to 53 Million people and these people have various needs and can’t do without goods and services so one of the easiest ways to make money as much as you need is not really as hard or as far-fetched as you think it will be. So read on and let’s show you how to make money in South Africa.How to Make Money - Chalkboard

What are the Various Ways to Make Money in South Africa?

The South African economy is largely driven by small and medium-sized businesses. Many people own small businesses that employ at least one person per business while there are also others that employ thousands. The private sector has also employed a good number of people in the country, providing the much-needed resources for many families to survive. South Africa is full of potentials providing several ways for any hardworking person to make money in the country.

The country has many natural resources such as oil and natural minerals and investing in such industries or trading in some of those products can make one some good Rands.

Investing in the energy sector through solar panels to regions with no electricity supply is another potential venture in the region.

– Becoming a travel consultant or agent also presents another good and viable opportunity anyone can make money in South Africa with. Due to the country’s tourism industry potential, those that are trained in this sector with skills and experience in the area of travel consultancy can come up with high-quality services that can be rendered to tourists and earn them good money. The agents can also sell airline tickets to boost their earnings.

In addition to the tourism industry, those that can speak several languages can earn money working as translators and travel guides to the tourists – and this is already a profitable and hot selling venture in South Africa.

READ
Top 5 Biggest Banks In Botswana 2020

You could also make good money here in the information communication technology (ICT) sector, just like in so many developing countries, ICT has a very large room for expansion in South Africa.

Anyone can make money in South Africa through online marketing of people’s goods popularly known as Internet marketing. If you have a good e-commerce website in South Africa, you are potentially able to make good sums of money through sales of products and services as well as advertisements.

Blogging also counts as a way of earning as there’s more and more need for local content. Another way relating to the ICT is article writing and marketing. This opportunity gives people the ability to work and earn from the comfort of their homes by providing content to publishing and content companies.

Becoming an affiliate in some of the big advertising websites like Kalahari.com can also make you good money in commission. Offering internet and printing services is another opportunity in the ICT industry. South African ICT sectors is growing at a rapid rate and every day, new people are joining as new internet users. Offering internet connection services to these people is a sure way to make money especially if you have large capital to start off with.

Other areas of opportunities for making it big in South Africa is in the area of Agriculture and Agro Products. Due to the continued and still growing population, selling farm produce such as milk and vegetables is a good way of earning. In addition, if one can afford to grow the food or make the farm produce by himself for example in his farm, this has even a higher earning opportunity.

The transportation and logistics industry is another potential area where anyone can make money. Due to the daily increasing rural to urban migration, the large cities have seen an increase in population over the past few years. This creates the opportunity in the transportation industry, car hire services can also yield good profits in some of the big cities such as Johannesburg and Cape Town.

If you have a higher capital to start off, starting a property business can also make good profits. The real estate business in South Africa can be a good venture as many people are in need of housing.

Was this article helpful?
READ
Amazing Things You Can Do On eBay South Africa
Andile Smith
Andile Smith
Andile provides articles on anything from Politics, Sports, History and entertainment to funny, creepy and weird. His passion for writing allows him to take what is ordinary and transform it into a real masterpiece. He's a true storyteller with a passion for tech and literature
data-matched-content-rows-num="2" data-matched-content-columns-num="4" data-matched-content-ui-type="image_stacked" data-ad-format="autorelaxed">

Recommended

How Quinton Jones’ Met, Married and Started a Family With Minnie Dlamini

Quinton Jones' marriage to South Africa's sweetheart, Minnie Dlamini was one of the biggest events of 2017. The news also broke so many hearts...

An Interesting List of Nandi Mbatha’s Boyfriends – Past and Present

Nandi Mbatha apparently loves the feeling of love and being treated to dates. Since the actress stepped onto the scene, she has dated a...

How Did Themba Ntuli Become So Famous and What Car Does He Drive?

Lovers of entertainment in South Africa would know the popular filmmaker, actor, and comedian, Themba Ntuli. Perhaps, one reason he has gained so much...

A Deeper Look at Quinton Jones’ Net Worth and How He Acquired His Wealth

Quinton Jones is one of the most mysterious South African celebrities. He has managed to keep his personal life very much private through the...

Analyzing Litlhonolofatso Litlhakanyane’s Role as Tebello on Scandal and Becoming A Famous Child Actor

Litlhonolofatso Litlhakanyane has been a mainstay of the e.tv soapie Scandal! ever since he broke out onto the scene of the popular South African...

Featured Today

What Really Happened Between Kelly Khumalo and Jub Jub – Details About Their Love and Son

There was a time that Kelly Khumalo and Jub Jub were easily tipped to be the next big celebrity couple in South Africa. They...

All About Themba Ntuli’s Marriage to Wife Hope Masilo and The Age Difference Between Them

Themba Ntuli is a Zimbabwean-born actor who rose to immense fame through his role in the South African television show, Rhythm City. The son of...

Inside Quinton Jones Time With Pearl Thusi and Other People He Has Dated

In 2017 when Quinton Jones got married to Minnie Dlamini, not a small number of people were left heartbroken that Minnie, who is almost...

Kelly Khumalo and Chad da Don’s Fairytale Romance, Why It Ended and Who They Moved on To

South African songstress, Kelly Khumalo knows her game when it comes to dishing out hot tracks that make her fans go gaga, but the...

Surprising Facts About Nandi Mbatha’s Biography and Age Milestones

Nandi Mbatha is a talented actress with a fast-rising career in the South African entertainment industry. She is easily recognized for effortlessly playing the...
Was this article helpful?

Related Stories