Story
By Gugulethu Petela
Sanlam
From the 14th of May 2025 to the 17th, I conducted training in various Hollywood bets sites in Limpompo (Loius Trichardt, Malamulele, Thohoyando and Giyani). At first what seemed to be a daunting task, because of cultural and language differences, ended up being a worthwhile experience.
We covered savings and investments (MM2) in the trainings, which was frightening because it requires the use of big words like "compound interest", "Macro and Micro Economy", "inflation" etc. And explaining these words to an audience that did not speak isiXhosa or Zulu seemed like a mammoth task. Contrary to belief, the training went exceptionally well!
At one of the training sessions I was approached by a young gentleman of no more than 23 years of age, he was interested in discussing investments at length. He was interested in ways to make his money work for him so that he may be self sustainable one day and not rely on employment.