The MEC for Finance, Ms Ina Cronjé, in partnership with SaveAct, will on Thursday, 12 May 2011, at 09h30, launch the Women and Vulnerable Groups Financial Literacy programme in Maqonqo Hall (Table Mountain) at Mkhambathini Municipality.
All the media houses are invited to this historical launch, which is the initiative of the KwaZulu-Natal Financial literacy Association of which MEC Cronjé is the champion. Adjunct to the launch will be the SaveAct graduation ceremony. SaveAct is a member of the association.
Launch and graduation details.
Date: 12 May 2011Time: 09h30
Venue: Maqonqo Hall: (Table Mountain), Mkhambathini Municipality
RSVP: before 16h00, Tuesday, 10 May 2011
Mr Ntokozo MaphisaCell: 082 7739 937
E-mail: ntokozo.maphisa@gmail.com
Background
The KwaZulu-Natal Financial Literacy Association was established on 25 January 2011 under the auspices of KZN Finance MEC Ina Cronjé to address financial literacy in the Province collectively (business, government, regulating bodies and financial institutions). Five target audiences were identified:
- in school youth
- out of school youth
- women and vulnerable groups
- small, medium and micro enterprises (SMMES)
- government employees
A group leader for each of these audiences was elected to serve on the steering committee that was established on 18 February 2011.
Women and Vulnerable Groups is one of the five groups (Out of School Youth, In School Youth, Women and vulnerable groups, SMMEs, Government employees), operating under the KwaZulu-Natal Financial Literacy Association umbrella to address financial illiteracy in the province.
To date 45 entities, comprising most banks, accounting firms, business
chambers, universities, Further Education and Training (FET) Colleges and other training institutions, government departments, regulatory bodies, non governmental organisations (NGOs) and media houses have joined the association.
This group promotes financial literacy among women and vulnerable individuals in KZN, focussing on issues, such as financial planning, Credit, insurance & risk management, Taking advantage of economic opportunity, Budgeting, Saving and Investment and Consumer Rights and Creating awareness of available support systems. The group also obtains the buy–in of stakeholders who work with women and vulnerable individuals to partner as members of the KZN Financial Literacy Association.
Directions to the SaveAct Graduation Ceremony and Women and Vulnerable Groups Financial Literacy launch
1. From Pietermaritzburg N3 take the Ohrtmann Road off ramp2. Travel about 2.3 kilometres until you get to Chief Mhlabunzima Road
3. Turn left into Chief Mhlabunzima - there is a petrol station at the corner of these two roads
4. Continue on this road for about 4km
5. Turn right to Table Mountain. (Some land marks the Kenosis conference centre is along this road - this is the Table Mountain Road.)
6. Travel for about 13km
7. Continue until you see a few shops and the Home Affairs office. The Home Affairs office is a face brick building.
8. Just behind the Home Affairs office is an orange building. This is the hall where the launch and graduation is to take place.
From Durban the directions will be similar Take the Ohrtmann Road off the N3 exit and go over the bridge continue until you reach Chief Mhlabunzima Road. Then continue as for directions above.
Enquiries:
Media Liaison Officer
Cell: 0827730937
Tel: 033 846 6986
Fax: 033 846 6801/2
E-mail: ntokozo.maphisa@kzntreasury.gov.za
For more information please contact:
Musa Cebisa
Cell: 071 687 8777
