Main insights from the report include:
The report notes that young people access financial services at roughly half the rate of adults. This impacts on their ability to grow an asset base, invest in their education, or start a business. Access to affordable financial products and services that meet the needs of young people can provide longer term financial security and bolster chances of sustained economic participation.
The report is produced in partnership with Business Unity South Africa, Business Leadership South Africa, The National Business Initiative and The National Youth Development Agency.