How The Under-35s Are Reclaiming South Africa’s Inner-Cities

Loading player...
When the COVID-19 pandemic first hit in 2020, the Central Business District (CBD) of the country’s major metropolitans Durban, Johannesburg and Cape Town became ghost towns as office workers were forced to work from home.
 
Two years later, some working professionals have chosen to take advantage of flexible work-from-home policies and flee the city for smaller towns, often in search of a more relaxed lifestyle for their families. However, an unusual demographic has moved in to take their place and revitalise the CBD: younger millennials and Gen Z’s aged between 20 and 35.
12 Apr 2022 2PM English South Africa Business News · Investing

Other recent episodes

Property market trends for 2026

South Africa’s property market in 2026 will be shaped less by expansion and more by resilience, adaptability, and risk management, according to Waldo Marcus, Director at TPN Credit Bureau. With residential rental shortages driving escalations of 4.5% to 5.5%, commercial rentals under pressure, and widening disparities between well-governed and poorly…
21 Jan 2PM 17 min

What ABSA,Standard Bank executive moves signal for SA Banking business

There’s a shuffling of executives among the big banks, last year saw Jason Quinn, interim CEO of Absa leaving Absa and heading to Nedbank to take up the reign as CEO as well as Kenny Fihla leaving Standard Bank and going to Absa. Zwelakhe Mzwakhe Mnguni, Chief Investment Officer &…
21 Jan 2PM 8 min

Global fashion, local impact and lessons from Valentino’s business legacy

The fashion world is marking the passing of Italian designer Valentino Garavani, the founder of the Valentino fashion house and one of the architects of modern luxury. Over decades, his work became closely associated with global fashion capitals and with retailers and luxury groups that helped take haute couture into…
20 Jan 3PM 22 min