Franc CEO says South African women consistently tend to be better investors

Franc CEO Dr Thomas Brennan discussed the fintech's 2026 Wealth Index Report, launched in April, and why women in South Africa consistently tend to be better investors, in an interview with Moneyweb on 19 June.

WHAT THE WEALTH INDEX MEASURED

The inaugural index was based on a survey of 3,952 financially active South Africans conducted in early 2026. It scores respondents across three pillars: resilience (savings, debt, insurance and expense tracking), growth (saving, investing and retirement planning) and mindset (knowledge, confidence and financial anxiety).

The report found that 87% of respondents lacked adequate emergency savings of at least three months' income, and that 68.2% could not survive a one-month emergency.

Among respondents earning more than R60,000 a month, financial anxiety was the main difference between top and bottom performers, and Brennan said: "South Africans are anxious, and that anxiety makes it harder to act."

WOMEN AS INVESTORS

Women made up 62% of the index's respondents. Brennan said women in South Africa consistently tend to be better investors.

Sources: Moneyweb, Moonstone, BusinessTech