South Africa never really had a savings culture to begin with but now according to the FinScope Consumer Survey South Africa 2014, we only have a household savings rate of about 1.7%. This is currently the lowest number in the world. Finweek takes a closer look.
According to the Norton Cybercrime Report of 2013, South Africa is ranked as the third leading cyber-crime hotspot in the world. Education about the different types of online fraud is key to avoid becoming a victim. Take note of the following three types of online fraud that consumers can fall victim to.
In a country with a high unemployment rate, you have to be prepared to go the extra mile in order to secure a job. Having higher education can only be beneficial. The price of higher education however is getting steeper, with tuition and residence fees climbing into the tens of thousands. Moxima Gama explains.