Financially distressed consumers are cashing out on life savings to survive, reveals a study
By Zuko Komisa Financially distressed consumers are cashing out on life savings to survive. According to the Association for Savings and Investment South Africa(Asisa), more financially disadvantaged South Africans are cashing out their investments and savings and giving up their insurance policies in order to live as they feel the effects of the nation's severe economic slowdown. Kaya Biz with Gugulethu Mfuphi spoke to Hennie de Villiers, deputy chair of […]