Impact SA

financial literacy

Financial behaviours SMMEs need to adopt during times of crisis

An emergency or unexpected occurrence can have a negative impact on your business. The COVID-19 pandemic has demonstrated the need for SMMEs to adopt new ways of doing things and has pushed businesses to try and become more financially resilient. The need for financial resilience Speaking during a panel discussion during Money Smart Week South …

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A newly empowered group of entrepreneurs graduates from the FLAME 2.0 programme

Fifteen entrepreneurs graduated recently from the second phase of the ASISA Foundation Financial Literacy and Micro Enterprise Programme (FLAME 2.0) in Qonce, in the Eastern Cape. The FLAME 2.0 programme empowers beneficiaries from previously disadvantaged communities with basic entrepreneurship and financial literacy skills to foster financial capability and enable greater economic activity. In 2019, The …

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FLAME – a micro enterprise programme – empowers small business owners to bounce back from the impact of the pandemic

In 2019, The Hope Factory partnered with the ASISA Foundation, a non-profit organisation founded by the Association for Savings and Investment South Africa (ASISA). Together they implemented the Financial Literacy and Micro Enterprise Programme (FLAME 2.0) in King Williams Town (KWT). 2.0 FLAME 2.0 The FLAME programme empowers beneficiaries from previously disadvantaged communities with basic …

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ProVerb, Nicolette Mashile and other Money Smart Week SA ambassadors on their most important financial lessons

ProVerb, Nicolette Mashile, Aubrey Modiba and Dimpie Dimpopo are all successful celebrities with one important thing in common: They are passionate about helping South Africans become better educated about their finances. They are also four of the Money Smart Ambassadors working with the National Consumer Financial Education Committee (NCFEC) on Money Smart Week SA (MSWSA) …

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Creating a Money Smart South Africa

The importance of being financially savvy cannot be underestimated, especially against the backdrop of a declining economy and the devastating impact of the COVID-19 pandemic. There’s no doubt that financial literacy is essential to the growth and development of our nation. Momentum and Unisa’s Consumer Financial Vulnerability Index, published late last year, revealed that consumers were more …

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