Latest News
‘Supersaver’ ventures into kids’ party entertainment
Swinky Mchunu (47) is what we call a Supersaver! With four established businesses, all started with her SaveAct savings and loans, this busy woman, with an easy laugh and kind smile, is now starting a new venture — children’s party entertainment. She joined her first...
SG loans jump-start success for Eshowe entrepreneur
Mphile Mbuyazi joined SaveAct in 2020 because she saw local savings group members who were doing big things, things she wanted to do, and everyone around her kept encouraging her to join. Her success has been astonishing! With access to saving group (SG) loans she has...
Turning waste into wealth
The mark of a true entrepreneur is the ability to see treasure where others see trash. Claudia Ntuli saw good vegetables going to waste and came up with a plan to turn them into something she could sell. Ntuli is from Ntabamhlophe, KZN, and has been with SaveAct since...
Agric training strengthens food security and livelihoods
A mini green revolution could soon be blooming in some of the poorest provinces of the country, thanks to an injection of agricultural training by the WAYSE programme. This training is expected to reach more than 1000 people. The need to address hunger and joblessness...
WAYSE training boosts business success
When opportunity knocked, Sithembile Zungu opened the door and embraced it. In 2018 she joined a savings group and gained access to options that have changed her life. Now, with her recent involvement in the WAYSE initiative, she’s seeing more progress. WAYSE (Women...
A new approach to job creation
The cry for jobs is everywhere, but the magnitude of the crisis is stark. The creation of large-scale formal employment for millions is unlikely to happen soon. New ideas are needed — fast. The WAYSE programme — short for Women and Youth in Sustainable Enterprise—is...
Saving in the time of Covid: a review of 2021
More than half of South African women (51%) say they have experienced gender-based violence. That figure should be a call to arms, but, given the constant flow of news about GBV atrocities in this country, awareness campaigns like Sixteen Days of Activism for No...
Marcel Jakubec on working with SaveAct — and the future
When did you join the board and what are your core skills and experience? I joined the SaveAct board in 2015 and continue to feel proud of the incredible work being done to financially empower vulnerable South Africans. My experience is in strategy consulting, with...
SaveAct expands its fight against gender iniquities
The past year has been another tough one for South Africa, but despite the challenges that affected us all, SaveAct continued to expand its reach and there were even a few silver linings. Through our savings groups we are introducing more people to the reality of...
Benefits pile up for farmer who saves
The life of a farmer is never easy, but joining a savings group nearly a decade ago has helped to ease the load of Nelisiwe Dlamini, while also boosting her family’s enterprise. Dlamini lives in Mpumulwana-Centocow, a deep rural area in KwaZulu-Natal. Her village,...
Farmers reap rewards of Solidarity Fund voucher
SaveAct farmers who received a farming input voucher worth R2 000 from the Solidarity Fund earlier this year continue to reap the benefits. The vouchers were for the purchase of farming inputs, and were part of a drive by the Solidarity Fund’s Farming Input...
Interns upbeat after fruitful time with SaveAct
The end of September was the final day of internship for Senamile Mbatha and Sixolile Mkoliswa,, who have been with SaveAct for a year. Mbatha comes from a rural home near Ulundi and has an advanced diploma in Agriculture (Plant Production) from Mangosuthu University...
to our work, regardless of their size.