Desperate South Africans turn to gambling, crypto as a third earn less than in 2019 - survey

One in three people who responded to this year's Old Mutual Savings and Investment Monitor say they are earning less than they did before the Covid-19 outbreak, with older people worst affected.

The poll found that older consumers who lost their jobs or took salary cuts are finding it harder to get back to the earnings they enjoyed before the pandemic, while those who take home more tend to be younger. 

Poor get poorer