Franc, a mobile app that allows stokvel members to invest in money market and exchange-traded funds (ETFs), scooped the top award at the Seedstars World South Africa finals, held in Cape Town recently ...

Daily Maverick is in direct communication with investors – amounts invested range from less than R15,000 to more than R500,000 in several cases. The victims are mostly aged 30 to 50, with a high ...

Stokvel customers are making remarkable progress in their saving efforts. Since November 2019, FNB stokvel customers have significantly increased their savings, surpassing the R8.3 billion mark in ...

For decades, stokvels have played a significant role in promoting a savings culture and assisting individuals in achieving their financial goals. Despite the challenging economic environment, stokvels ...

Thandi Mkhabela’s money used to slip through her fingers. Now the 34-year-old mother of four earns interest on monthly savings, has paid off debts and is planning to extend her house in a township ...

Stokvels are an important part of the fabric of SA's culture: more than 11-million of us belong to more than 800,000 of these traditional groups. According to Tyvision Media — a company that empowers ...

The word ‘stokvel' is often used very loosely by people trying to legitimise a scam. At no point did United African Stokvel (UAS) ever operate as a stokvel. It was an investment fund that promised ...

Stokvels are South Africa’s top saving system that also bring friends and family together and provides support for bereaved members. According to the National Stokvel Association of SA, there are more ...

Cape Town – Stokvel members are being targeted to join the alleged pyramid scheme MMM, according to Andile Mazwai, CEO of the National Stokvel Association of SA (Nasasa). “They (MMM) have been going ...

A group of nutrition and child health experts together with health and children’s rights activists have condemned a marketing event planned for this Saturday, 14 August 2021 that has been sponsored by ...