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DIFFERENT TYPES OF INTEREST RATES, AND HOW THEY AFFECT YOUR MONEY
This year we saw the interest rate shift 3 times. 2023 has been one of the most significant financial years in the history of South Africa, after COVID-19. Although most people understand the interest rates at a basic level, most people don’t always understand the...
ASI Financial Services, Financial Literacy
Economic Inclusion through Financial Literacy – a stimulus for Economic Growth in South Africa
By Sershnee Pillay, Marketing and Communications Manager at ASI Financial Services South Africa’s economy contracted by 7% last year. The reported budget deficit has ballooned to a record 14% of GDP, more than double the forecast of 6.2%. This is disturbing: South Africa’s ability to…
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