TODAY OUR GUEST IS ENGELA CROCKER. DIVISIONAL DIRECTOR IN THE TAX DEPARTMENT AT RSM SOUTH AFRICA. Tax Free Investments were introduced by National Treasury in South Africa from 1 March 2015 with the aim of encouraging savings in South Africa. South Africans are well known to have a low level of household savings in proportion to their debt. 
Investment in Tax Free Investments also leads to increasing the total savings in the economy, which promotes economic growth.
Tax Free Investments can be a way of saving towards a long-term goal, such as a deposit on a house, future tertiary educational needs or to supplement retirement savings.