Nedbank insights reveal that collective savings accounts – stokvels – are not only seeing a continued increase in new accounts opened, but also a rapid adoption of digital channels. This...
Stokvel News
For generations, community-driven stokvels have met the money needs of their members by opening access to funding for everything from funerals to school fees. However, although the schemes...
It is a great joy to see Stokvels on the Stokfella App accomplish what they have been hoping for and working hard towards. Let’s honour these Stokvels and recognise their outstanding...
In business, we sometimes hear the term "succession planning" used when talking about what happens when a business owner, partner, or other stakeholder step down, retires or passes away....
Reap what you sow with Imbewu Stokvest financial solutions! Financial freedom has found new meaning in South Africa’s latest stokvel offering – the Imbewu Stokvest app. The app...
Before the world was rocked by Covid-19 and we went under a national lockdown, stokvels were used to regular face-to-face meetings. Joining a stokvel before lockdown meant being...
Debt can feel like a weight on your back when you have more to repay than you earn. But not all debt is bad. In fact, having no debt at all (meaning no credit record) could actually...
You’re sitting around the braai chatting to friends and family, when someone mentions their burning desire for an overseas holiday and before you know it, diaries are synced and...
Let's recognise the power of the age-old African community savings mechanism: the stokvel. Stokvels have been the savings "engine room" for South African communities through apartheid and...
Travel can be daunting. If you’re soon to be boarding your first international flight or exploring a sho’t left here in Mzansi, there's no more need to worry. Here...
Gone are the days when we hid our stokvel money under the mattress! Times have changed and more stokvel members are realising the importance of making use of banking products and options....
It is that time of the year again when stokvels start preparing to buy their end-of-year groceries in bulk. From booking transport services to making sure that you get the bulk-buying...