A UCT study finds stokvels have purchasing power to improve diets, but current bulk-buying habits favour sugar, oil and processed goods over fresh, nutritious foods.
Stokvels community-based savings groups largely run by township residents remain a central part of financial life in Johannesburg, pooling regular contributions to buy essentials, support informal...
Stokvels – the traditional South African group saving schemes – are no longer just a grassroots phenomenon. In 2025, they’ve become big business. As the country...
More South Africans are proving that saving together is better than going it alone, with First National Bank (FNB) reporting a 66% year-on-year increase in stokvel...