The vast majority of informal workers in South Africa are ill prepared for the financial costs of living to an old age. They rely on their families and their communities to look after them in their old age, once they become too old to work. However, this communal spirit is dying with greater urbanisation as children move further away from their parents and the demands of modern employment become greater, reducing people’s ability to take care of the elderly - the aged are left to fend for themselves.
Nobuntu offers a simple, innovative solution where employers can invest on your employees behalf in a product which pays them more as they grow older. Enrol your employees onto the People’s Fund and ensure they grow old with dignity.