Focus on alternative savings during July Savings Month

The 2017 SASI (South African Savings Institute) July Savings Month was launched today in Sandton by Orlano Makubela, Chief Director of Financial Investments and Savings at National Treasury, and Sazini Mojapelo, Group Head of Citizenship at Barclays Africa, with a focus on encouraging alternative savings solutions. A panel of industry experts discussed developing alternative mechanisms to help South African consumers, … Continued

SASI July Savings Month 2017 Launch

The South African Savings Institute (SASI) will launch its traditional Savings Month Campaign at a breakfast event in Sandton on Wednesday 28 June 2017 where the Minister of Finance, Malusi Gigaba, will deliver the keynote address.   “Savings Month is SASI’s national savings awareness campaign, and the theme for this year’s drive, which runs during July, is “Alternative Savings Solutions,” … Continued

TENTH LAUNCH OF STARSAVER™ THEMED “DEEPENING FINANCIAL DEMOCRACY”

June is Youth Month and The Banking Association South Africa (BASA) with its 23 Member Banks and 43 Financial Institutions collaborating on StarSaver™ will celebrate the 10TH Annual launch of StarSaver™ in a form of a dialogue themed “Deepening Financial Democracy”.   StarSaver™ is a generic financial literacy programme to inculcate a culture of saving in young people and promote … Continued

6 Challenges to Financial Inclusion in South Africa

World Economic Forum | 5 days ago South Africa is a country of well-known promise and peril. Despite being the largest economy on the African continent, the nation is plagued by high levels of unemployment, a poor education system and staggering income inequality. Underscoring the country’s struggle to translate its rich natural resources and other assets into social benefit, South Africa is … Continued

SASI Launches 2016 Festive Season Campaign Message

Media Release   SASI reminds South Africa to recall their needs versus their wants   The South African Savings Institute (SASI) launches its annual Festive Season Savings Campaign in a year where the country is at major economic and political crossroads.  The continued #FEESMUSTFALL campaign, the country’s fragile economy, high levels of consumer debt and rising unemployment make 2016 a … Continued

National Savings Month kicks off on positive note

PERSONAL FINANCE / 02 Jul ’16, 07:30am Patricia Holburn National Savings Month began this week with the acknowledgement that as South Africans we are saving, but not enough and not necessarily in the right places. Our savings efforts are being hampered by a lack of financial literacy, consumerism and unemployment. Despite these challenges, millions of us do save through our pension … Continued

Savings Institute FAQ

What has changed since the campaign began 15 years ago? The SASI July National Savings Month was launched as it is around 2008, what has changed is that from being a SASI initiative, July is now widely accepted as Savings Month. The broader financial services community has embraced our concept and South Africa now actually takes time to take stock … Continued

SASI Reflects’ on 15 Years and launches SASI July Savings Month

The South African Savings Institute (SASI) is an independent non-profit organization dedicated to developing a robust culture of saving in South Africa. At SASI’s launch in April 2001, then Finance Minister, Trevor Manuel, drew attention to the poor savings rate; disparate living standards; lack of financial literacy and the poor growth of our economy. He noted that these concerns may … Continued

SASI July 2016 Savings Month

July is National Savings Month SASI will launch the traditional July National Savings Month Campaign on Thursday 30 June 2016. The Breakfast will be held at the Industrial Development Corporation (IDC) Main Auditorium. This year we celebrate SASI’s 15th anniversary and look back at the evolution of South African Savings during this period. The numbers are a challenge but instead of … Continued

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