Community savings programmes such as stokvels and burial societies have been around for a while, always operating on the perimeter of the formal financial product sector, but as the saying goes ...

“Funerals, or the prospect of a funeral, is an expensive issue in the average stokvel member’s life.” The next biggest stokvels were for savings and groceries. About 31 people belonged to an ...

I found that about 60% of stokvels are still traditional and focus on burial schemes, buying groceries, consumables and other services and that the rest of the schemes concentrate on savings.

Tyvision Media will be hosting the Stokvels and Burial Societies Indaba 2016 Road Show in Limpopo, North West and Gauteng during the months of September, October and November 2016. The main ...

There are also property stokvels to make owning land/property more accessible for those who wouldn’t ordinarily be able to afford it. Similarly, funeral cover stokvels include the purchase of ...

After the first roadshow at the Soweto theatre in 2015, Tyvision Media promised the members to expand the reach of the Stokvels and Burial Societies Indaba to three provinces in 2016. It was a ...

Do stokvels and burial societies require money management strategies? Would the individual members of these groups also benefit from having the knowledge and skills to help them manage their own ...

Nkosi says the three most popular stokvel types remain burial societies, grocery stokvels and savings stokvels. “Given the important role these types of stokvels play in members’ day-to-day ...

Good leadership is a must for stokvels and burial societies to survive. Many have the best intentions and objectives, but often find themselves let down by poor leadership. Good leadership helps ...

Research by Old Mutual Savings Investment Monitor (SIM) reveals that 42% of households are dependent on stokvels as a savings tool. Just over a quarter (26%) of households rely on burial schemes and ...

Read Moneyweb’s articles on these investment vehicles here. The most populous stokvels in SA remain – grocery, burial, money, and savings, which closely mimic the human compulsion to move up ...

“Funerals, or the prospect of a funeral, is an expensive issue in the average stokvel member's life.” The next biggest stokvels were for savings and groceries. Around 31 people belonged to an ...