Revitalised from their end-of-year vacation, South Africans typically tackle the new year with gusto and renewed vigour. It is also a time when students who matriculated the year before start the next phase of their journey as they enter into universities and colleges eager to further their education.
"While there is plenty of excitement associated with the new year, it can be a costly period for most South Africans as they need to make initial payments regarding school and university registration, textbooks, and securing accommodation for children entering into the university," says Elmi Kemp, Communications Lead at the SAFPS. She adds that because of this, the beginning of the year is a period where scammers and fraudsters are very active.