House to house: Euphonik beats to the rhythm of property investment

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Award-winning DJ, radio and TV host Themba Nkosi has built a reputable name for himself in the South African entertainment industry. But that is not the only thing that he’s built.

Popularly known as Euphonik behind the decks, Nkosi has branched into the world of property investment and has a growing portfolio.

“It is profitable, but it is important to assess particular sectors of the market and the opportunities that arise in them. Financial analyst Dr Wilbert Chagwiza, said that while property investment may be profitable, those interested need to “start with low-cost properties”. The degradation of the country’s economic status to negative in the 2019 financial year, high unemployment rates, load shedding and the embattlement of state-owned entities such as the South African Airways and Eskom have put a dent in the pockets of many South Africans, leaving them uncertain about their financial future.

 

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