stokvels

 
Outrage greets VBS bank report
Outrage greets VBS bank report
Several people implicated in allegations of corruption at VBS Mutual Bank have warned they will challenge the Great Bank Heist report on VBS in...
VBS: Widows and orphans may lose out
VBS: Widows and orphans may lose out
The recovery of all the money meant for widows and orphans of former mineworkers from embattled VBS Mutual Bank is in serious doubt, it emerged...
Stokvels reel from VBS bank’s collapse
Stokvels reel from VBS bank’s collapse
Stokvels, burial societies and other savings clubs face uncertainty about their funds after the VBS Mutual Bank was placed under curatorship by the...
Townships are still a world apart
Townships are still a world apart
Dormitory-style, underserviced, insecure, overcrowded and noisy — this characterises the living conditions in most of South Africa’s...
Stokvels move with the times
Stokvels move with the times
Johannesburg resident Noks Shoko has a little something to help soften the “Janu-worry”. In 2016 she and three friends every month diligently...
Stokvel 'lost millions' to Mrs John Block
Stokvel 'lost millions' to Mrs John Block
The wife of controversial politician John Block ran a "fraudulent" investment scheme that made off with nearly R5-million belonging to...
Simphiwe Dana sings praises of stokvel
Simphiwe Dana sings praises of stokvel
Afro-jazz musician Simphiwe Dana has a novel idea for drawing young professionals into fixing the ailing state school system -- a black education...
Satrix not for the short-term
Satrix not for the short-term
Jabulani asks: I belong to a saving club where we save money on 32-day notice for the whole year and withdraw the money in January...
Jargon buster: Stokvel
Jargon buster: Stokvel
The word "stokvel" has its origins in a practice carried out at rotating cattle auctions or stock fairs in the Eastern Cape in the 19th century --...
SA stokvels brace against bad times
SA stokvels brace against bad times
Fano Ephraim Mtshali hasn't held a steady job since 1998 and claws out a living for himself, his two children and his eight orphaned nieces and...

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