Money Advice

17 smart ways to make money online in South Africa 2023

Published by
Lethabo Ntsoane

Are you tired of struggling to make ends meet in South Africa? Are you looking for ways to increase your income and improve your financial situation? Look no further! In this article, we’ll be sharing 17 smart ways to make money online in South Africa. From starting your own e-commerce store to taking paid surveys, there are plenty of opportunities to earn extra cash from the comfort of your own home.

Whether you’re a student looking for part-time work or a full-time employee searching for additional income streams, these ideas are sure to get you thinking about new ways to boost your bank account. So if you’re ready to take control of your financial future, keep reading to discover how to make money online in South Africa.

This article is tailored for people in South Africa. If you are in the US or United Kingdom and you are interested in making money online, you can check out: How to Make Money Online: Work, Build, Then Invest

Here are 17 ways that you can use to make money online in South Africa with little or no monetary investment.

1. Start trading online

Probably the most difficult way to make money on our list is this one. You can make thousands trading online, however, the risk is too high so prepare and equip yourself with knowledge before you start. You cannot be a champion trader in a day, make sure that you read about markets and how to trade as often as possible.

Start with a demo account before depositing actual money into your trading account. Some Brokers also have a No Deposit Bonus to help you start trading for free.

2. Buy and sell domain names

The purchase and sale of domain names can be a lucrative side business. You can accomplish this by working remotely from wherever you are. The profit margins are enormous, so this can make you extremely wealthy. Domain names are the web addresses you use on a daily basis. For example, google.com and rateweb.co.za are domain names. Consider domain names as a yard on the Internet, where you might construct a structure.

Before you can begin, you must learn how to buy and sell domain names. If you do not conduct preliminary research, your efforts may not bear fruit. Noting that domain names begin at R30, you can begin investing immediately. Domain names have been sold for millions of dollars in the past, and you may be able to get one that is worth a fortune.

How to get started

You can start buying domain names from these reputable companies:

3. Real estate crowdfunding

This is a practice of raising funds for a project in real estate from different individuals to meet the financial needs of a project. You are provided with a list of property development opportunities and you choose from the list on which property to invest in. The minimum investment amount differ per project so you might be restricted to invest only on few properties if your budget is low.

When investing in real estate crowdfunding, is always wise to do due diligence on the project you want to invest in. Also, calculate your potential profits and potential losses from taking the deal and expect that the project may yield positive or negative results.

4. Invest in Cryptocurrencies

Investing in cryptocurrencies is, to some people, is the biggest con going around. It’s a way of getting rich quick without any real effort. But that’s far from reality. A lot of countries including South Africa have begun to recognize them as legitimate financial assets.

However before you start off on your crypto-investing journey, there are a few things you should know about how it all works.

How do cryptocurrencies work?

Cryptocurrencies use a technology called blockchain. This is an encrypted digital ledger that records all transactions completed on a particular cryptocurrency network. Every cryptocurrency has a public ledger where new transactions are added to the old one and broadcasted to the currency’s miners for verification purposes. When you use a cryptocurrency, it will come with its own crypto address which you can receive money.

How to buy cryptocurrencies in South Africa?

If you want to invest in cryptocurrencies, the first thing you need to do is buy them from an exchange. These are platforms where people advertise how many cryptocurrency coins they’re selling and at what price per coin. Just like forex trading platforms, it’s very important that you pick a reputable exchange. There have been instances of new exchanges vanishing overnight. One of the most Reputable Cryptocurrency exchanges is Valr.

5. Become an online English teacher.

Teaching English online can make you lots of money. Some websites offer a standard rate of R450 per hour teaching. This is something you can do in your spare time. Other benefits include added experience on your Curriculum Vitae.

You need to be fluent in English and have a tertiary qualification. Some websites give exception for high school graduates. Your proficiency with the English language can get you accepted to teach online.

Since you will be working online you need to create a schedule on how many hours you are going to teach per day. You set your own hours and work from anywhere. Note that teaching websites will require that you specify the times that you are comfortable teaching.

You can make use of these websites to start teaching online: Itutorgroup.com, and t.dadaabc.com.

6. Online surveys to make money online in South Africa.

Research companies are always on the hunt to recruit members to answer online surveys and test new products. This requires filling a form for a few minutes and get paid in cash or rewards. You can make up to R8000 on a survey.

You can make use of these websites to fill online surveys and earn money.

7. List your property on Airbnb

You can get paid R250.00 or more per day by Airbnb depending on your property location and condition. Getting started is very easy. All you need to do is sign up and list your property on the Airbnb website. To get started visit Airbnb

8. Make money on Amazon Mechanical Turk

Companies use Amazon Mechanical Turk to outsource work that is difficult for computer program to do. Works include but not limited to audio editing, transcribing, translating audio to different languages, writing reviews and testing web pages.

With Amazon Mechanical Turk you can make up to R400 an hour working anywhere. All you need to start is internet connection and a device be a phone/table/laptop/desktop. You can start your registration on www.mturk.com. You won’t start immediately after registering as Amazon take up to 3 days to verify your details.

9. Make use of Amazon Kindle Publishing

You can turn your ideas into an ebook and publish using Kindle. There are two ways to go about it, either you write the book yourself or find someone to write it. No publishing company required so using Amazon’s kindle publishing is free and easy. You can publish your book from anywhere in the world.

You can make fortunes publishing on Amazon. Some people make hundreds of thousands of Rands and even millions. Kindle publishing is a good way to earn passive income.

10. Register your car on InDriver, Uber or Taxify

Registering your private car on taxify, Uber or indriver can give you good profits. You can do this as a side gig or full time, it’s all up to you. Currently InDriver is the hottest kid on the block and very interesting. On Indriver you can make use of a hatchback car. Uber and Taxify doesn’t allow hatchbacks.

Working hard you can make thousands of Rands per month in net profit. If you have a car that you can use then this is something worth trying in your spare time.

11. Offer freelance services online

Make use of your skills by offering freelance services online. The amount of money you are going to make depends on how much you are willing to work. Whether you are a writer, graphic designer, web designer, translator, accountant, etc there is a job for you.

You can make use of different platforms to maximize your chances of making good money. Good thing is that jobs offered on these platforms can be performed overtime. You get a chance to be as creative as possible. These websites use a bidding process.

The more your reviews and rating increase the more clients you are going to get. Accept that you are going to have a slow start but the hard work you put in will pay off.

Here are some of the websites you can use to start your freelance services:

12. Use MrD food or Uber Eats app to deliver food

All you need is a motorcycle to start taking deliveries using MrD or Uber Eats app. Also, it is up to you how many hours you want to work or you can think of Job creation and hire someone to work for you. Not only will you be getting more money with someone working full-time but you will also be creating employment.

13. Advertise on Social media

Have a huge social media following? Then use your followers to make money. Know why people follow you and create a brand around the idea of why you are followed.

Approach startups for a start and advertise for them. Show your clients that you are followed by their target market. Make approximations of the conversion rate that will come from your followers.

14. Start a YouTube channel

If you can think of content that is good enough to be watched then create a YouTube account and monetize it. All you need to get started is your phone. Don’t think of big lights and camera, just start simple.

There is YouTube threshold that you need to reach to start making money. First, your videos need to have been watched for 4000 hours in 12 months. Secondly, you need to have 1000 subscribers in the last 12 months. To achieve this your content need to be likeable.

If you get too good at this, you will end up being a millionaire. Remember we are living in an information age so this is something to try.

15. Make use of Swagbucks

Talking about easy money, Swagbucks gives you cash for filling surveys online. When registering you get free Swagbucks points that you can convert into cash. For every referral that you make you get 10% of Swagbucks that the person you referred makes. So if the person you referred makes 1000 Swagbucks you automatically earn 100 Swagbucks.

100 Swagbucks is equivalent to $1. Be prepared to answer many surveys and get yourself a good income.

Open a PayPal account that you will use to redeem your cash from Swagbucks. To get started go to Swagbucks.com or download Swagbucks app on Google play store or App store

16. Start a blog

If you have an idea or message that you want to communicate or want to build a community around something you love then start a blog. With a blog not only will you get your message across but you will make money while at it.

Starting a blog requires a few resources. There are two ways to go about it, by using free platforms or self-hosted platforms. Free platforms may pause restrictions and rules for your blog. With a self-hosted platform, you can do whatever you want and also plan how to monetise your blog.

Free platforms that you can use include Tumblr, Blogger, and WordPress.com. For self-hosted platform, you can use WordPress.org. WordPress is used by 96.2% of bloggers in the world and it is the most popular content management system.

How to start blogging in South Africa

  • Choose a blogging platform that you are going to use for your blog.
  • Pick a domain name for your blog. Your domain name must correlate with your blog ideas.
  • Get web hosting for your domain. You can host your website using Afrihost, Hostgator, Godaddy and others.
  • If you have selected WordPress as your content management system then choose a theme that resonates with your blog ideas. Add every page that is necessary. If you can’t design a page using WordPress then check out this YouTube video to help you get started.
  • Last but not least you can then find advertisers to advertise on your blog. Alternatively, you can use Google Adsense and make money from your page visitors.

17. Sell Used Items on Gumtree or Facebook Marketplace

Have lightly used items that you no longer require? If so, there is likely someone or more than one person who will gladly pay you for them. Take a few photographs and compose a concise description before posting your products on Gumtree or Facebook Marketplace.

Conclusion

Making money entails hard work and dedication, there are no easy ways. All you need is to put your mind to the task at hand and achieve the intended objectives. You can make lots of money using one or a combination of the ways provided.

Frequently asked questions

  1. Q: What are some popular ways to make money online in South Africa in 2023?

A: Some popular methods include freelancing, affiliate marketing, online tutoring, blogging, selling products on e-commerce platforms, and investing in cryptocurrencies, among others.

  1. Q: How do I start freelancing in South Africa?

A: To start freelancing, create a profile on popular freelancing platforms like Upwork or Fiverr, showcase your skills, and apply for jobs in your area of expertise.

  1. Q: What is affiliate marketing, and how does it work?

A: Affiliate marketing is promoting and selling other people’s products or services online in exchange for a commission. You can join affiliate programs, create a website or blog, and promote products through unique affiliate links.

  1. Q: How can I become an online tutor in South Africa?

A: You can join online tutoring platforms like VIPKid, Teach Me 2, or TutorABC, create a profile highlighting your qualifications and teaching experience, and start teaching students online.

  1. Q: How do I create a blog and monetize it?

A: Start by choosing a niche, creating a blog using platforms like WordPress or Blogger, publishing high-quality content regularly, and monetizing it through Google AdSense, sponsored posts, or affiliate marketing.

  1. Q: Can I make money by selling products on e-commerce platforms in South Africa?

A: Yes, you can sell products on platforms like Takealot, Bidorbuy, or Gumtree, either by dropshipping, creating your own products, or sourcing from suppliers.

  1. Q: What is dropshipping, and how can I start a dropshipping business in South Africa?

A: Dropshipping is a business model where you sell products without holding inventory. You partner with a supplier, who ships products directly to customers on your behalf. To start, research popular niches, find reliable suppliers, and create an online store using platforms like Shopify or WooCommerce.

  1. Q: How can I make money through social media in South Africa?

A: You can monetize social media by becoming an influencer, offering social media management services, or promoting affiliate products.

  1. Q: What are some ways to make money with cryptocurrencies in South Africa?

A: You can make money with cryptocurrencies through trading, investing, mining, or participating in Initial Coin Offerings (ICOs).

  1. Q: Can I make money by creating and selling digital products in South Africa?

A: Yes, you can create and sell digital products like e-books, online courses, or digital art on platforms like Amazon Kindle Direct Publishing, Udemy, or Gumroad.

  1. Q: How do I make money with YouTube in South Africa?

A: Create a YouTube channel, publish high-quality videos consistently, grow your audience, and monetize through YouTube ads, sponsored videos, or affiliate marketing.

  1. Q: Can I make money by participating in online surveys in South Africa?

A: Yes, you can join survey websites like SurveySavvy or Toluna, complete surveys, and earn money or gift cards.

  1. Q: What are some online platforms for selling handmade products in South Africa?

A: You can sell handmade products on platforms like Etsy, Hello Pretty, or Made It Myself.

  1. Q: Can I make money by offering virtual assistant services in South Africa?

A: Yes, you can offer virtual assistant services like administrative support, social media management, or content creation by joining platforms like Time Etc, Belay, or VA Networking.

  1. Q: How can I make money with stock trading or investing in South Africa?

A: You can trade or invest in stocks through online brokerage platforms like EasyEquities, FNB Share Investor, or Standard Bank Online

  1. Q: Can I make money by creating and selling mobile apps in South Africa?

A: Yes, you can create mobile apps and sell them on platforms like Google Play Store or Apple App Store, or offer app development services to clients.

  1. Q: What are some online platforms for freelance writers in South Africa?

A: Freelance writers can find work on platforms like Textbroker, iWriter, or Contently, or by reaching out to clients directly through social media or personal websites.

  1. Q: Can I make money by offering graphic design services in South Africa?

A: Yes, you can offer graphic design services through freelancing platforms like Upwork, 99designs, or DesignCrowd, or by promoting your services on your own website or social media.

  1. Q: How can I make money by renting out my property or spare room in South Africa?

A: You can rent out your property or spare room on platforms like Airbnb, LekkeSlaap, or Booking.com, and earn income from short-term rentals.

  1. Q: Can I make money through podcasting in South Africa?

A: Yes, you can create a podcast, grow your audience, and monetize through sponsorships, advertisements, or selling your own products and services.

Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted at lethabo@rateweb.co.za

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Published by
Lethabo Ntsoane

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