As we continue our festive coverage of personal finance, we discuss stokvels as the holiday seasons kicks off. 11 million people form part of 800 000 stokvel groups around the country, according to IPSOS. Many people are in the process of receiving their share group savings (groceries, money, etc) and these stokvels are worth an estimated R50 billion. We wanted to share tips on the safe disbursement of group savings, and we wanted to unpack how this culture of saving is helping families with managing their year-end personal finance planning. To share her insights, we are joined by….

Guest : Luthando Mzilikazi - Investment Specialist and the Founder of Money Moves SA

As we continue our festive coverage of personal finance, we discuss stokvels as the holiday seasons kicks off. 11 million people form part of 800 000 stokvel groups around the country, according to IPSOS. Many people are in the process of receiving their share group savings (groceries, money, etc) and these stokvels are worth an estimated R50 billion. We wanted to share tips on the safe disbursement of group savings, and we wanted to unpack how this culture of saving is helping families with managing their year-end personal finance planning. To share her insights, we are joined by&hellip;.
Guest : Luthando Mzilikazi - Investment Specialist and the Founder of Money Moves SA

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Personal Finance with Luthando Mzilikazi

Since the two-pot retirement system took effect in September, the Government Employees Pension Fund has received almost 400 000 applications for savings pot withdrawals. The applications amounted to R10, 6 billion. Thus far (as of November 2024), the pension fund has paid out 361 000 claims. Our next guest will discuss how the continent’s largest retirement fund has navigated the past three months and what government employees need to know when making a withdrawal from your savings pot. We are joined by….

Guest: Meiring Coetzee - Chief Information Officer at the Government Pension Administration Agency

Since the two-pot retirement system took effect in September, the Government Employees Pension Fund has received almost 400 000 applications for savings pot withdrawals. The applications amounted to R10, 6 billion. Thus far (as of November 2024), the pension fund has paid out 361 000 claims. Our next guest will discuss how the continent&rsquo;s largest retirement fund has navigated the past three months and what government employees need to know when making a withdrawal from your savings pot. We are joined by&hellip;.
Guest: Meiring Coetzee - Chief Information Officer at the Government Pension Administration Agency

TWO-POT SYSTEM AND GEPF

Long queues formed yesterday (Tuesday) around the country as December the 17th marked the last day of a 21-day deadline for the registration of spaza shops. President Cyril Ramaphosa had given the business owners 21 days in which to register with their local authorities. This after the deaths of a number of children around the country in suspected food poisoning incidents. To talk about what happens next now that the deadline has come and gone and what the spaza shop owners should know moving forward, we are joined on the line by…

Guest:Michael Ramothopo Deputy President of South African Spaza and Tuck shop Association. 

Guest: Richard Zulu – NAFCOC Secretary General 

Guest: Tebogo Khaas – President of the Small Business Association 

Long queues formed yesterday (Tuesday) around the country as December the 17th marked the last day of a 21-day deadline for the registration of spaza shops. President Cyril Ramaphosa had given the business owners 21 days in which to register with their local authorities. This after the deaths of a number of children around the country in suspected food poisoning incidents. To talk about what happens next now that the deadline has come and gone and what the spaza shop owners should know moving forward, we are joined on the line by&hellip;
Guest: Michael Ramothopo Deputy President of South African Spaza and Tuck shop Association.&nbsp;
Guest: Richard Zulu &ndash; NAFCOC Secretary General&nbsp;
Guest: Tebogo Khaas &ndash; President of the Small Business Association&nbsp;

Spaza Shop registration: What’s happens Next?

Today (Monday 16 December) marked as the Day of Recommendation since 1995 in our country also serves as part of getting to know our history. So we are using this hour to talk to Kgosikgolo Kgafela Kgafela of the Bakgatla Bakgafela because on Thursday he addressed his people both in South Africa and Botswana where he announced the establishment of his traditional council and chief representative in our country. He has been in exile in South Africa for 10 years after a fallout with Botswana's President Masisi's government over land claims and restoring the Bakgatla to their former glory. He is hoping to go back to Botswana now that there is a new government. Before we even talk about the current state of affairs, let's first get a history lesson about him, his people and what he's fighting for...

Guest:  Kgosikgolo Kgafela Kgafela - Paramount chief of the Bakgatla Bakgafela

 

 

Today (Monday 16 December) marked as the Day of Recommendation since 1995 in our country also serves as part of getting to know our history. So we are using this hour to talk to Kgosikgolo Kgafela Kgafela of the Bakgatla Bakgafela because on Thursday he addressed his people both in South Africa and Botswana where he announced the establishment of his traditional council and chief representative in our country. He has been in exile in South Africa for 10 years after a fallout with Botswana's President Masisi's government over land claims and restoring the Bakgatla to their former glory. He is hoping to go back to Botswana now that there is a new government. Before we even talk about the current state of affairs, let's first get a history lesson about him, his people and what he's fighting for...
Guest:&nbsp; Kgosikgolo Kgafela Kgafela - Paramount chief of the Bakgatla Bakgafela
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Personal Finance with Luthando Mzilikazi

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