Players in gig economy cut expenses by 50% as Covid-19 bites - News Summed Up

Players in gig economy cut expenses by 50% as Covid-19 bites


Over half of gig workers in Kenya and South Africa have already reduced their household expenses and borrowed to cope with the economic effects of Covid-19. Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers and temporary workers. Dubbed the digital hustle: Gig financial lives under pressure, the study sampled at least 600 gig workers in the two countries. He added that the impact of Covid-19 on South Africa’s gig economy is a reflection of the situation in many countries on the continent. "However, we expect the gig economy to grow across Africa and we believe gig workers will become a larger part of the African workforce.


Source: The Star July 31, 2020 13:30 UTC



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