She advises residents to do their research before they decide to join any stokvel and to make sure there is transparency among the members. Types of stokvels: Stokvels have existed for many years ...

Francois le Clus of attooh! Financial Wellness discusses what goes into forming this type of stokvel, investment vehicles available to these clubs, as well as tax and estate planning considerations.

The report classifies five main types of stokvels that dominate the traditional saving scheme arena. The majority of those interviewed (95%) belong to either: a general savings, burial society ...

The stokvel market has grown remarkably and, over time, the types of stokvels have increased significantly from rotational, grocery, investment, burial right down to social stokvels. Stokvels have ...

The stokvel market has grown remarkably and, over time, the types of stokvels have increased significantly from rotational, grocery, investment, burial right down to social stokvels. Stokvels have ...

Sanlam as underwriter, through Nasasa Financial Services, will initially offer group-based funeral benefits, tailored to each individual type of stokvel. Products are competitively priced and ...

The average contribution for a burial stokvel was R134 a month from each member, compared with R190 a month for other stokvel types. “Less than half of what stokvels collect in their entirety ...

The vibrancy of local stokvels is one of the reasons why most of the major financial brands have launched specific accounts and services to meet their needs. Although the stokvel has traditionally ...

These men who initially came from the Cape employed the stokvel concept in the late 1800s. There are predominantly four types ...

African Response managing director Mamapudi Nkgadima said burial societies were the most common type of stokvel. “It is a fact that many spend fortunes preparing for death in their community or ...