Tag: financial literacy
Frontline workers – shaping engagement strategies
The experiences of frontline workers are reshaping how companies handle employee engagement, communication and empowerment in a time where work is becoming more dispersed.
Inclusive credit scoring – energising underserved communities
The rapidly developing financial landscape in South Africa is driving greater financial inclusion through innovative consumer credit approaches. At its core, this mission integrates alternative data, technological advancements, and a balanced strategy for innovation and risk management.
Promoting financial literacy and savings strengthens the economy
South Africa stands at a critical juncture, facing a confluence of challenges and opportunities that will shape its future. One of the greatest opportunities lies in retaining its young graduate professionals, who are a vital resource for driving the nation's growth and development.
Why women are better investors than men
Despite great strides being made towards shaping a more diverse and equitable future for the world of investment, many women still underestimate their abilities. A growing body of research, however, suggests that women’s natural traits may in fact put them at a significant advantage compared to their male counterparts.
Calling all young entrepreneurs – the mental toolbox needed to succeed
Ask any budding young entrepreneur in South Africa what they need most, and they will probably rattle off a list as long as your arm: Some moola to invest in their business. A stable electricity supply. The eradication of crime that destroys businesses and results in financial loss. Lower borrowing costs. Reasonable interest rates. And the list goes on.
Teaching children financial savviness
An oftentimes overlooked subject when it comes to effective parenting, empowering children with financial literacy from a young age is one of the greatest gifts parents can give to their children. As the world becomes increasingly complex, teaching your little ones about sound financial management isn’t just about educating them about what Rands and cents are or, how money works; it’s about equipping them with the skills and knowledge to navigate a financially savvy future.
South Africans are losing financial literacy
In the wake of COVID-19 and the accelerated digitisation of financial services, the gap between South Africans who have highly developed financial literacy and those with little or none has not just widened – it has taken on new dimensions. The consequences for South African society are dire.
Location intelligence is the secret weapon of data-driven banking
Geographic information systems (GIS) are transforming banking by integrating location-based insights with customer relationship management (CRM) tools. New technologies are rapidly reshaping the banking sector, signalling a shift from traditional, branch-centric models to a more data-driven, customer-centric approach.
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Megatrends impacting the future of retirement plans
Retirement planning has always been a crucial aspect of financial security for individuals and societies alike. However, in the face of rapid technological advancements, changing demographics, and evolving economic landscapes, retirement planning is undergoing a transformation.