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Sanlam report reveals bleak future for South Africans

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GUEST – Nzwa Shoniwa, Managing Executive: Sanlam Corporate Umbrella Solutions

Key findings from the report include:

· 63% of South Africans are anxious about their finances;

· 87% are financially stressed, and for 58% this is impacting physical and/or mental well-being;

· One in five employed South Africans do not have medical aid;

· 25% do not have any form of retirement savings;

· 46% of respondents are struggling to meet basic monthly needs like food and rent
7 Jun 2023 2PM English South Africa Business News · Investing

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