Tag: FinancialWellbeing

As millions of South Africans struggle with debt, simple financial habits can improve long-term financial wellbeing. South Africa's household debt burden has climbed to an estimated R2.4 trillion. This places increasing pressure on households already grappling with rising living costs.

The role of the nine-to-five is changing, and South Africa’s financial reality reflects this shift. According to the South African Reserve Bank, household debt levels remain high at around three-quarters of disposable income. Meanwhile, savings rates remain persistently low. This leaves many households with little room to absorb shocks, build long-term security and provide for retirement.

The book arrives at a time when many women are seeking ways to strengthen their financial independence and build a more secure future. Financial Confidence for Her Wellbeing is a practical guide that helps women build a stronger relationship with money. It also gives them the confidence they need to make informed financial decisions.

Most South Africans are not gambling more because times are good. Instead, they are gambling more because money is tight. South Africa’s gambling industry generated a record R75 billion in gross gambling revenue during 2024/25. At the same time, the betting segment alone grew sharply from R8.8 billion in 2019/20 to R23.7 billion by 2022/23.

Retirement planning is often framed as a question of how much you save. Most people contribute to a Maximising. However, very few understand how to use it strategically. For many investors, retirement annuities function as a routine savings vehicle. People contribute consistently without considering the structural role these products play in a broader wealth strategy.

With the festive season behind us, many South Africans are focused on a reset. We have cleared sugar from our pantries and clutter from our homes. However, one vital area often gets overlooked. It quietly drains both energy and bank accounts. That area is our finances, and it sits at the heart of the 2026 financial detox.

What if the people who built a company’s success also owned a stake in its future? Across South Africa, millions of employees work tirelessly to deliver value. Yet too often, they remain disconnected from the wealth they help create. Employee Share Ownership Plans (ESOPs) challenge this imbalance. They offer a powerful tool to align purpose with profit, ensuring that those who contribute the most are not left behind.