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It's sink or swim for South Africans, warns savings body

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Johannesburg - Managing finances has now become a choice between sinking or swimming financially for South Africans, warns South African Savings Institute chairperson Prem Govender.

Although there are marginal improvements in household debt, this has not translated to increased saving for some citizens, he said at the launch of Sasi's 2016 July Savings Month campaign on Thursday.

Now in its 15th year, Sasi is an independent non-profit organisation dedicated to developing a robust culture of saving in South Africa.

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