MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / South Africa has a retirement solution hiding in plain sight | SA News

South Africa has a retirement solution hiding in plain sight | SA News

Data released last month by Franc shows that only about one in three South Africans is on track for retirement. At the same time, 38% of respondents said they cannot find room in their monthly budget to save at all. That aligns closely with findings from the National Treasury and the 10X Investments Retirement Reality Report: most South Africans know they should save for retirement – they just don’t believe they have enough room in their monthly budget to do so.

And that is the uncomfortable truth about retirement planning. For many households, retirement savings are not competing with luxuries. They are competing with groceries, transport, school fees and debt repayments.

But…

Tourism: The tourism sector is vital, attracting millions of visitors annually to its
national parks, cities, and cultural attractions.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Re: R8.5 Million Lotto Winner Claims Prize in Gqeberha

    Dear Editor This is indeed an exciting story for the community. Congratulations to the winner and may this bring positive change to Nomathamsanqa. As someone from KwaMashu, I understand the impact such winnings can have on township communities. Wishing the grandfather all the best. Regards Themba Zulu In Response to/From: R8.5 Million Lotto Winner Claims…

  • Re: Minister Tolashe and Postbank Black Cards

    Dear Editor I appreciate the Minister’s assurance regarding the smooth transition to Postbank Black Cards for grant beneficiaries. As a concerned citizen, I hope the government will ensure that all beneficiaries, especially elderly and vulnerable populations in areas like Soweto, receive adequate assistance during this transition period. The expansion of card replacement locations to include…

  • Lotto Winner Story

    Dear Editor This is indeed an exciting story for the community. Congratulations to the winner and may this bring positive change to Nomathamsanqa. Regards Willem Pieterse In Response to/From: R8.5 Million Lotto Winner Claims Prize in Gqeberha

Reader Interactions

Comments

  1. Shongololo – millipede [sh-ong-o-loh-loh] A term used to describe a large brown millipede. It is derived from the isiZulu word ‘ukushonga’, meaning to roll up.

  2. Botswana: You have two cows. But that\’s not surprising because you have pretty much every type of non-extinct mammal in your country.