As the festive season gets underway many South Africans will be looking to their stokvel savings to purchase groceries, fund vacations or pay for school essentials in January. However experts say while Stokvels continue to grow in this traditional form, the stokvel industry is taking on bigger and more sophisticated investments. Stokvels remain a popular saving and investment solution estimated to be worth around 50-billion-rand.  SABC reporter, Naledi Ngcobo filed this report.

<p>As the festive season gets underway many South Africans will be looking to their stokvel savings to purchase groceries, fund vacations or pay for school essentials in January. However experts say while Stokvels continue to grow in this traditional form, the stokvel industry is taking on bigger and more sophisticated investments. Stokvels remain a popular saving and investment solution estimated to be worth around 50-billion-rand.  SABC reporter, Naledi Ngcobo filed this report.</p>

News and Current Affairs Show hosted by award winning presenter Sakina Kamwendo, live on weekdays from 12 noon to 1 pm on SAfm 104-107fm

Update@Noon

News and Current Affairs Show hosted by award-winning presenter Sakina Kamwendo, on weekdays from noon to 1pm on SAfm 104-107fm. 

<p>News and Current Affairs Show hosted by award-winning presenter Sakina Kamwendo, on weekdays from noon to 1pm on SAfm 104-107fm. </p>