DStv Channel 403 Thursday, 07 November 2024

Youth worried about generational debt, black tax: survey

JOHANNESBURG - A new survey by insurance company 1-Life shows that finances are top of mind for the youth.

It reveals that about 60 percent of South Africa's youth believe it is their responsibility to end generational debt.

But what is their understanding of generational debt and black tax, in the midst of the ongoing youth unemployment crisis?  

Siphelele Sokhela, Brand Manager at 1-Life Insurance discussed this with eNCA. 

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