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Improved financial literacy key to repairing dire financial state of consumers

By Janice Roberts at New Media
4 September 2019 • 1 min read

Ronelle Kind,
General Manager of Member Engagement Solutions at Momentum Corporate

While South African consumers have been in a state of severe financial vulnerability for quite some time now, the situation appears to be deteriorating still. This is according to the latest Momentum/Unisa Consumer Financial Vulnerability Index (Momentum/Unisa CFVI), which reveals that overall financial vulnerability declined to 50.35 points in the second quarter of 2019, from 51.22 points in the first quarter. (more…)


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