Campaign encourages saving

2015-09-16 06:00
SAVINGS CULTURE: Among those who attended the event were from the left, front: Thandeka Reachable, Letsemeng mayor, Elzabe Rockman, Finance MEC, Selloane Malie, Standard Bank’s head of business partnership with government, and Zoliswa Kolobeni, campa

SAVINGS CULTURE: Among those who attended the event were from the left, front: Thandeka Reachable, Letsemeng mayor, Elzabe Rockman, Finance MEC, Selloane Malie, Standard Bank’s head of business partnership with government, and Zoliswa Kolobeni, campa

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A CAMPAIGN aimed at fostering a culture of saving among South Africans was recently launched by Elzabe Rockman, treasury MEC in the Free State.

Rockman’s department teamed up with Standard Bank in the campaign which is aimed at enhancing and encouraging the financial wellness of the nation.

In her keynote address, Rockman said many people worked, but did not know what it was that they were working towards.

“It is important to save no matter how small the amount. People need to save,” she told the audience, made up mostly of public servants.

She also pointed out that people are not prepared for life’s uncertainties and emergencies.

Should a death or sickness suddenly occur, people have to borrow money to get themselves out of the situation which, according to Rockman, is not financially healthy.

The campaign will be in the form of a competition and entrants will be required to write a story about how much they save and why they save.

Only government and municipal employees are allowed to enter.

The competition began last week and will run until 6 November.

Entry forms will be made available on the websites of the Provincial Treasury, Office of the Premier, Department of Sport, Arts, Culture and Recreation, as well as Standard Bank and the participating municipalities

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