Stokvels
latest news & developments
Solar firm to tackle high electricity costs
As electricity tariffs continue to rise, squeezing household and small business budgets, a new solar company has entered the market with stokvel and crowdfunding models aimed at…
Sanlam unlocks the power of women-led SMEs
‘We’re not filling a gap; we’re catalysing a new economic paradigm’
The Book Stokvel: Africa writes; we read
Sarah Mokwebo explains how her book stokvel concept works, and how it benefits members
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…
Outrage greets VBS bank report
Many of those named in the report are taking legal action or protesting their innocence, but its author is standing his ground
VBS: Widows and orphans may lose out
A liquidation application offers insight into the ‘epic’ fraud that fleeced the bank
Stokvels reel from VBS bank’s collapse
‘We thought the bank was a safe place to keep our money but now we have been thrown in a dilemma’
Townships are still a world apart
Bids to unleash their economic potential have failed largely because the motives, networks and practices of the informal economy are ignored.
Stokvels move with the times
Social capital is one of the driving factors behind the success of these groups
Stokvel ‘lost millions’ to Mrs John Block
More than 1 700 people invested their savings in a scheme they now believe was fraudulent, writes Sarah Evans.
Satrix not for the short-term
Where to put <em>stokvel</em> savings.
Jargon buster: Stokvel
With about 800 000 active stokvels in South Africa, it appears informal savings clubs are thriving.
SA stokvels brace against bad times
Fano Ephraim Mtshali hasn’t held a steady job since 1998 and claws out a living for his two children and his eight orphaned nieces and nephews.