SA Savings Institute issues Black Friday warning and launches campaign to know your interest rates

Wednesday, 21 November 2018:   The South African Savings Institute (SASI) has issued a warning to consumers ahead of Black Friday and Cyber Monday against reckless spending and buying any items that they do not absolutely need as South Africa faces major economic and political crossroads. The mining sector, Standard Bank, SABC and other workforces are being affected by significant … Continued

SASI National July Savings Month 2018

The South African Savings Institute (SASI), National Treasury and partners will be hosting a VIP and media breakfast to launch National Savings Month 2018. The theme for this year’s National Savings Month, which runs for the month of July, is “Employer Assisted Saving” Gerry Anderson, SASI Deputy Chairperson, will deliver the keynote address and Jan Moganwa, Absa Chief Executive: Retail … Continued

SASI Celebrate World Savings Day

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

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

High prices, fraud and four other reasons why South Africans don’t trust SA banks

Republished from: www.businesstech.co.za   Researchers at the Boston Consulting Group have found that South Africans are not big on the formal baking sector – with mistrust, high prices and lack of relevant services high among the reasons we choose to steer clear. Despite being the largest economy on the African Continent, South Africa is plagued by high levels of unemployment, a … 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

GLOBAL MONEY WEEK: 27 March – 2 April 2017

The Banking Association South Africa, the lead partner of Child and Youth Finance International (Netherlands Based) in partnership with ReimagineSA will host a dialogue on 29 March 2017 to table a conversation on the subject of Money (financial resources) – a basic human right or not? The Dialogue will form part of the Global Money Week activations that would have … 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

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