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Committed to a Future Generation of Savvy Savers

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The Division of The Banking Association South Africa which I am responsible for, namely the Socio-Economic Growth and Development Division is tasked with delivering the TCTS SA™ on an annual basis under the ambit of the Financial Literacy strategic objective.

Fikile Kuhlase, Senior GM: Socio-Economic Growth and Development Division, The Banking Association SA, donating some coins to kickstart the savings habit of this Grade 6 learner at Sondelani Combined School, Ntuzuma, Durban after delivering a TCTS SA™ lesson and then handing over the goody packs to the learners comprising of a money box (isikoqokoqo in Zulu) from the KZN MEC for Finance, another from the TCTS SA™ programme, a comic and booklet on saving. This happened on the national launch day of TCTS SA™ 2011 on Mandela Day, 18 July.

Hearing the savings conversation taking place without us being part of it with mention of the TCTS SA™ programme has been a heart-warming experience. This has been on various mediums of communication – conferences, radio, websites, TV, newspapers, magazines, schools, dinner table conversations etc. etc. We have got South Africans talking about what matters not just to children, but to all South Africans – SAVING for a better future!

The Vision of TCTS SA™ is to inculcate a culture of saving in children so as to build a future generation of savvy savers. The increased efficiency and efficacy of savings is a pre-condition for inclusive and sustainable growth of South Africa, and tackling the high youth unemployment is an imperative. The rallying motto for TCTS SA™ - “ligotshwa lise manzi” (Zulu maxim - best shape a stick whilst still moist) is an age old African phrase that remains all so relevant!

TCTS SA™ 2011 was launched by the KZN MEC Finance, the Hon. Ina Cronjé. Our heartfelt gratitude goes out to the MEC. Thanks to our MD of The Banking Association, Cas Coovadia who is a “repeat volunteer” of TCTS SA™ and a true Custodian and Ambassador of the programme. Last but not least, I need to acknowledge the Banking Association’s “captains of the ship” – the ship being the TCTS SA™ programme. These are my trusted ‘lieutenants’:

  • Muzi Mhlambi, Manager: Programmes and TCTS SA™ Programme Coordinator
  • Sibongile Khulu, Programme Officer and TCTS SA™ Project Administrator
  • Thabo Tlaba-Mokoena, GM and Convenor of the Dedicated TCTS SA™ task team
  • Through TCTS SA™ we make everyday a Mandela Day! All in the spirit of: Ubuntu; a Proudly South African ethos and nation-building.
  • “Volunteers are seldom paid; not because they are worthless, but because they are PRICELESS!”


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