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Top 5 Side Hustles That Earned Africans Big Money in 2024

Top 5 Side Hustles That Earned Africans Big Money in 2024
Top 5 Side Hustles That Earned Africans Big Money in 2024

With the rising cost of living, many South Africans have turned to side hustles to supplement their income. Chartered accountant and business owner Davron Chanderdeo has identified five of the most profitable side gigs that helped people earn “serious money” in 2024—and are expected to remain lucrative in 2025.

Based on his firsthand experience with clients in these industries, Chanderdeo confirms that these side hustles have generated substantial earnings.

1. Freelancing

From graphic design and content writing to web development, freelancing has surged in popularity. Digital platforms like Upwork and Fiverr have enabled South Africans to work with international clients, with top freelancers reportedly earning over R50,000 per month on a part-time basis.

Top 5 Side Hustles That Earned Africans Big Money in 2024

Top 5 Side Hustles That Earned Africans Big Money in 2024

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2. E-commerce and Dropshipping

Selling fashion, tech gadgets, and even digital products—without holding inventory—has become a profitable venture. Platforms such as Takealot, Shopify, and Makro Online provide opportunities for entrepreneurs to set up online stores and generate passive income.

3. Ride-Sharing and Delivery Services

Many people have turned to Bolt, Uber, and delivery services like MrD to earn additional income. According to Chanderdeo, drivers and couriers can make up to R15,000 per month, working flexible hours that fit their schedules.

4. Content Creation and Monetization

Social media platforms like TikTok, Instagram, and YouTube have become gold mines for content creators who monetize their work through brand partnerships, ad revenue, and merchandise sales. Those skilled in engaging audiences can earn a five-figure income through this avenue.

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5. Online Tutoring and Teaching

Teaching online—whether it’s academic subjects, skills training, or language instruction—has proven to be highly profitable. Platforms like Preply and Teach Me 2 enable South Africans to earn up to R30,000 per month while working remotely from home.

Side Hustles and Tax Obligations in South Africa

According to Lenichea Carelse, Accounting Manager at Tax Consulting SA, income from side businesses is subject to taxation.

“It’s important to remember that your total earnings, including side hustle and salary income, are taxable,” she explains.

Anyone earning above the tax threshold must register as a provisional taxpayer, which involves making tax payments twice a year based on projected income, with a final payment due after submitting tax returns.

Failing to comply with tax regulations can result in criminal investigations and heavy penalties. The South African Revenue Service (SARS) has the authority to impose fines for not registering for tax or failing to submit tax returns.

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As side hustles continue to thrive in South Africa, ensuring compliance with tax laws is just as crucial as finding the right income stream.

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