Zain Johnson speaks to Thabo Hollo, Old Mutual Senior Programme Manager, about why more South Africans are keeping their savings in cash. Old Mutual’s 2026 Savings & Investment Monitor found that 64% of working South Africans surveyed have unbanked cash savings, compared with 40% in 2021. They unpack what is driving the trend, why it is particularly prevalent among younger South Africans, and whether keeping your savings close at hand could ultimately cost you in the long run.

Early Breakfast with Africa Melane is 702’s and CapeTalk’s early morning talk show. Experienced broadcaster Africa Melane brings you the early morning news, sports, business, and interviews politicians and analysts to help make sense of the world. He also enjoys chatting to guests in the lifestyle sphere and the Arts. All the interviews are podcasted for you to catch-up and listen. 
 
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Zain Johnson speaks to Thabo Hollo, Old Mutual Senior Programme Manager, about why more South Africans are keeping their savings in cash. Old Mutual&rsquo;s 2026 Savings &amp; Investment Monitor found that 64% of working South Africans surveyed have unbanked cash savings, compared with 40% in 2021. They unpack what is driving the trend, why it is particularly prevalent among younger South Africans, and whether keeping your savings close at hand could ultimately cost you in the long run.
Early Breakfast with Africa Melane is 702&rsquo;s and CapeTalk&rsquo;s early morning talk show. Experienced broadcaster Africa Melane brings you the early morning news, sports, business, and interviews politicians and analysts to help make sense of the world. He also enjoys chatting to guests in the lifestyle sphere and the Arts. All the interviews are podcasted for you to catch-up and listen.&nbsp; &nbsp; Thank you for listening to this podcast from Early Breakfast with Africa Melane&nbsp;
&nbsp;
For more about the show click&nbsp; <a href="https://buff.ly/XHry7eQ">https://buff.ly/XHry7eQ</a> and find all the catch-up podcasts here <a href="https://buff.ly/XJ10LBU">https://buff.ly/XJ10LBU</a>&nbsp; &nbsp; Listen live on weekdays between 04:00 and 06:00 (SA Time) to the Early Breakfast with Africa Melane broadcast on 702 <a href="https://buff.ly/gk3y0Kj">https://buff.ly/gk3y0Kj</a> and CapeTalk <a href="https://buff.ly/NnFM3N">https://buff.ly/NnFM3N</a>&nbsp; &nbsp; Subscribe to the 702 and CapeTalk daily and weekly newsletters <a href="https://buff.ly/v5mfetc">https://buff.ly/v5mfetc</a>&nbsp; &nbsp; Follow us on social media:&nbsp; &nbsp; 702 on Facebook: <a href="https://www.facebook.com/TalkRadio702">https://www.facebook.com/TalkRadio702</a>&nbsp; 702 on TikTok: <a href="https://www.tiktok.com/@talkradio702">https://www.tiktok.com/@talkradio702</a>&nbsp; 702 on Instagram: <a href="https://www.instagram.com/talkradio702/">https://www.instagram.com/talkradio702/</a>&nbsp; 702 on X: <a href="https://x.com/Radio702">https://x.com/Radio702</a>&nbsp; 702 on YouTube: <a href="https://www.youtube.com/@radio702">https://www.youtube.com/@radio702</a>&nbsp;
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Your early morning chat - traffic - news fix delivered in a relaxed manner. weekdays from 4 am to 6 am.

Early Breakfast with Africa Melane

Your early morning catch-up with chat, traffic and news delivered in a relaxed manner. weekdays from 4 am to 6 am.

Your early morning catch-up with chat, traffic and news delivered in a relaxed manner. weekdays from 4 am to 6 am.

Finance: 64% of South Africans are saving cash at home

https://api.omny.fm/orgs/5dcefa8e-00a9-4595-8ce1-a4ab0080f142/clips/9acd1ace-bf4e-429f-a317-b4ba0034c5b0/transcript