National Savings Month – A call for all South Africans to make saving a habit

The South African Savings Institute (SASI) has launched its annual July National Savings Month Campaign yesterday. Floris Slabbert, National Sales Manager at Ecsponent Financial Services, believes that South Africans must remain disciplined in fostering a culture of saving, especially during the present challenging economic environment.   “South Africans often do not understand the importance of…

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The markets react to the Brexit vote

Floris Slabbert talks to Die Groot Ontbyt viewers about the recent market developments following the Brexit vote.     Markets reacted strongly to the results of Britain’s referendum decision to leave the EU. What are the latest developments following the Brexit vote? Britain’s Minister of Finance, George Osborn, tried to instil calm, but with little success. He also…

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What impact will Brexit have on South Africa?

While the rand has weakened since the results of the Brexit vote were revealed, the currency’s decline is likely to be short-lived and it is expected that the currency will strengthen again in future. The current currency volatility exists because many traders and speculators did not anticipate the UK’s exit from the EU. The surprise…

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