To achieve this, we equip and empower communities across South Africa with the right financial skills and knowledge through various financial literacy and education projects.
We’ve been supporting five consumer financial literacy and education projects.
Managed by Avocado Vision, 15 400 community members have been trained in Gauteng, Limpopo, KwaZulu-Natal, Eastern Cape, Western Cape and the North West province to have better financial skills and knowledge. The beneficiaries were predominantly economically disadvantaged black women.
Our support to the ASISA Foundation, which informs, educates and empowers consumers on financial products and services, enabled 167 sessions held for 8 327 participants. Of these, 38% were held in rural areas and 71% of the participants were female.
In collaboration with the ASISA Foundation and managed by Grounded Media, this project offers training to mineworkers to increase their levels of financial literacy.
We’ve funded a trustee training programme for unions to ensure that those individuals who have trusteeship are empowered with the requisite information and skills to carry out their duties.
The Sanlam Cobalt Financial Literacy Campaign targets university graduates and covers a range of financial literacy topics. The objective is to equip graduates with the financial knowledge to make informed financial decisions when they graduate and earn their first salaries.