NEW: Old Mutual Zimbabwe in young financial education initiative  

Online Reporter

DIVERSIFIED financial services company Old Mutual Zimbabwe is continuing with programmes to financially equip young people from an early age.

The recently ended Global Money Week (running from March 21 to March 27) was one such initiative.

Said Old Mutual group head of marketing, public affairs and sustainability Ms Lillian Mbayiwa: “We continue to host financial literacy programmes through our flagship financial literacy programmes ‘On the Money’ and ‘Piggy Bank’ initiatives.

“The programmes aim to equip communities, including young people, with financial skills and knowledge as well as instil attitudes and promote behaviours necessary for sound financial decisions and financial independence.”

According to the group, this year’s Global Money Week’s theme, “Build the Future, Be Smart About Money,” buttresses its continued goal to make financial impressions that last for generations.

“To date, close to 50 000 people have gone through the programme, through face-to-face engagements. The training has been free of charge to schools, corporates and SMEs.

“The ‘On the Money’ programme uses an easy and integrated approach guided by the unique characteristics of the Africa’s Big Five animals to illustrate how to spend, save and invest money,” said Ms Mbayiwa.

“This gives young people a good understanding of money-related issues, new skills to manage money and a variety of reminders to help them maintain the new and healthy financial behaviours.”

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