The age-old stokvel moves into the digital era
/ 17 January 2020

The age-old stokvel moves into the digital era

Can the stokvel, the home-grown savings institution tried and tested over the ages, go digital? At least two startup fintech companies reckon so, arguing that bringing zeros and ones to the traditional way of doing things offers a stockpile of advantages. An amount of R44-billion is collectively saved in 820 000 stokvels in the country annually, […]