# As South Africa marks Money Smart Week under the theme, Money Smart: The Power of Possible, independent digital credit provider Prime Loans says it is critical that financial education goes beyond teaching consumers how to manage money. Prime Loans CEO, Nita Morgan, says the Old Mutual Savings and Investment Monitor 2026 shows that the proportion of working South Africans borrowing from illegal lenders called mashonisas has increased from 12-percent to 19-percent over the past year:
Prime Loans calls for financial literacy and safe credit access as South Africa marks Money Smart Week [SOUND]
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