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 voluntarism and collaboration in the banking industry and the broader financial sector.

Date:                                 Saturday, 10 June 2017

Theme:                              Deepening Financial Democracy

Venue:                               Creative Centre for Leadership (CCL), Green Park Corner, 12th floor,

Cnr West Rd South and Lower Rd, Sandton, Johannesburg

 

The Banking Association South Africa with ReimagineSA will host approximately 120 youth participants aged between 16 and 30 from Johannesburg schools, universities and communities on Saturday, 10 June 2017, to discuss and debate the idea of democratising the economy, access to finance and whether or not money is a basic human right. Among them will be member banks and practitioners in financial institutions, government officials and other stakeholders within the world of finance.

 

This year will be the 10th roll out of StarSaver ™, the flagship programme of the financial sector. First launched in 2008, StarSaver™, formerly known as Teach Children To Save South Africa™ (TCTSSA™), was established as a response to the call by National Treasury to improve financial wellness and fitness of different segments of the population. This is to contribute towards one of the priorities of the nation to advance financial Inclusion, and therefore economic transformation. It has become well known globally, as one of the emerging best practices in financial literacy and in enabling collaboration in the otherwise competitive financial education space.

 

The StarSaver™ programme is an official part of the Economic Management Science (EMS) subject area of the school curriculum. The programme’s Lesson Plan, developed jointly with the Department of Education, accommodates generic financial literacy as well as an Islamic Finance chapter. The latter is due to Islamic Banking becoming a growing phenomenon in the country. Endorsed and adopted by the SADC Banking Association, StarSaver™ has reached approximately 2 million learners in over 4 thousand schools in South Africa alone with the participation of banks and financial institutions. This ensures that there is an integration of real life experiences on financial literacy in the school curriculum as a long term measure to prevent the high and growing indebtedness of the population.

 

In the past year, South Africa witnessed multiple public demonstrations involving youth and money, leading to such developments as the #FEESMUSTFALL movement. Much of the talk around the issues brought to the fore topics such as democracy, rights, responsibility, access, free education, citizenship, resources, government, business, the constitution, etc. This discourse remains relevant, to be explored for innovative solutions to the societal challenge of broader financial inclusion.

The 1oth June dialogue is aimed at inspiring audiences across the country; look out for broadcasts of the dialogue through various media channels to participate, engage and contribute to the conversation and learn about good economic citizenship, money, saving, creating livelihoods, gaining and creating employment and becoming independent and responsible economic citizens.

 

For more info. contact: Mvelenhle Yaka | mvelenhley@banking.org.za |Tel. 011-645 6700/13 |Mobile: 076 791 6929 and Ephraim Kgosana | ephraimk@banking.org.za |Tel. 011-645-6723 |Mobile: 071-685-8753

 

Visit: www.starsaver.co.za ; www.banking.org.za ; www.reimaginesa.com; www.civicsacademy.co.za

Twitter https://twitter.com/StarSaverSA and Facebook:      https://www.facebook.com/TCTSSA

 


Back to FSSC Campaigns