Study reveals workers bet to cover monthly expenses. episode artwork

EPISODE · Jul 31, 2026 · 7 MIN

Study reveals workers bet to cover monthly expenses.

from Update@Noon · host SAfm

More than half of South African workers are turning to sports betting and online gambling to cover monthly expenses and repay debt, according to Old Mutual's Savings and Investments Monitor 2026. The study found 53% of workers are betting, with 42% doing so frequently. Old Mutual warns the trend is eroding household savings, deepening debt and exposing financially vulnerable families to greater financial risk. Sakina Kamwendo spoke to Old Mutual's head of Financial Education John Manyike joins us 

Episode metadata supplied by the publisher feed · Published Jul 31, 2026

Embed this episode

NOW PLAYING

Study reveals workers bet to cover monthly expenses.

0:00 7:09

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Update@Noon?

This episode is 7 minutes long.

When was this Update@Noon episode published?

This episode was published on July 31, 2026.

Can I download this Update@Noon episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!