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…
‘We’re not filling a gap; we’re catalysing a new economic paradigm’
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…
Many of those named in the report are taking legal action or protesting their innocence, but its author is standing his ground
A liquidation application offers insight into the ‘epic’ fraud that fleeced the bank
‘We thought the bank was a safe place to keep our money but now we have been thrown in a dilemma’
Bids to unleash their economic potential have failed largely because the motives, networks and practices of the informal economy are ignored.
Social capital is one of the driving factors behind the success of these groups
More than 1 700 people invested their savings in a scheme they now believe was fraudulent, writes Sarah Evans.
Where to put <em>stokvel</em> savings.
With about 800 000 active stokvels in South Africa, it appears informal savings clubs are thriving.
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.
