In line with July’s National Savings Month, The South African Savings Institute (SASI) is encouraging school leavers and tertiary students to also save what they can before they actually leave school as there are many challenges awaiting them before they can start earning a salary. These include: buying newspapers or surfing the internet for job [...]
South Africa’s savings rate lags other emerging markets
Compared to other emerging economies, South Africa scores very low on domestic savings levels when put side by side with countries such China and Malaysia. Kieran Godden, Divisional Director: Liberty Corporate Consultants and Actuaries, says “Increased savings levels are essential to advancing a country’s economic aspirations. For example, saving via the government’s national retail [...]
Start with what you’ve got
Absa Investments today (Tuesday, July 12) in Savings Month make a call to South Africans to begin saving now. The investment arm of the country’s largest retail bank said the rate of bad debt growth was slowing but challenged consumers to go one better and lift the rate of household savings – a figure [...]
South Africans urged to save at all costs
South Africans need to start saving at all costs, says South African Savings Institute (SASI) chairperson, Prem Govender, who was addressing the 10th anniversary launch of SASI and National Savings Month in Sandton today (13th July 2011). Lamenting South Africa’s low savings rate, she said the country continues to lag especially in terms of [...]
SASI to launch July Savings Month
No less a personage than Trevor Manuel emphasised the need for a strong savings culture by all sectors and to improve the savings rate to boost South Africa’s economic growth when he launched the South African Savings Institute (SASI)10 years ago. The Institute mandated to encourage a savings culture among South Africans and carved [...]
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In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
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