Africa in BusinessAfrica in Business

Stokvels are a safer, more accessible way to build financial security and reach shared goals

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Growing numbers of South Africans are discovering that saving money as a group can be more effective than trying to do it alone, making stokvels a safer, more accessible way to build financial security and reach shared goals. Experts alongside key industry thought leaders today gathered in Soweto to explore the importance of stokvel contributions in South Africa's economy as well as unpack key insights from the stokvel industry. Thami Ngubeni spoke to Busi Skenjani, founder of the Stokvel Academy of South Africa

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