Cebile Magongo, strategic business manager at FNB Cash Investments says, “Since October 2023, we have observed Year-on-Year ...

Tyvision Media — producer of the financial literacy TV series Ke Zaka: Stockvel Insights on Business Day TV — sources relevant, credible and reliable information to help stokvels and burial ...

Tyvision Media — producer of the financial literacy TV series Ke Zaka: Stockvel Insights on Business Day TV — can assist stokvels and burial societies to develop money management strategies.

Stokvels, as an indigenous form of savings and investment clubs in South Africa, play a crucial role in the country's economy. These community-based financial groups have been a part of South ...

Research by Finmark Trust reveals that more than 50% of stokvel members in the mass market do not have a bank account, 94% of members are black and 57% are women. In response to this, FNB has ...

South African stokvel savers have proved resilient, with FNB revealing that its customers’ stokvel net deposits have increased by 42%. Since November 2019, FNB stokvel customers have continually ...

None of the stokvel members has a car, so doing business with the bank means paying less than 20 rand for a taxi van or bus into town, besides banking fees. The nearest police station is just as ...

Property stokvels have been generating significant buzz with their promises of high returns, coupled with lively social media campaigns that draw in eager investors. But what happens when the ...

Stokvel is an informal savings pool where funds are contributed by members and later shared among one another or the money is used for something else. Thursday, December 7 2023 Facebook ...

It's become important for the estimated R45-billion industry to have financial solutions designed for each stokvel's needs or group savings goals.

Stokvels will soon benefit from a ground-breaking mobile app designed to enhance security and foster transparency in this multi- million rand industry. Designed by Yethu, a company comprising of a ...

Previous Stokvel issues. Last year, The Witness reported on a stokvel group from Ashdown that was robbed of money amounting to close on R120 000, when they were about to divide it.