SowetanLIVE Podcast

Aziwe Ladies stokvel

The group of financially savvy ladies came together with the joint aim of ensuring that groceries are the least of their worries. Members pay a monthly contribution fee of R410 from January to December. During the second week of December, members use the lump sum to purchase grocery items in…

19 May 2022 3 min

Matthews, CEO of the National Stokvel Body

We spoke to Xolani Matthews, CEO of the National Stokvel Body of SA (NSBSA), about the evolution of stokvels, regulation of the stokvel industry as well as using stokvels to develop the black township economy.

11 May 2022 7 min

Capital One Partners (COP)

Also known as "The NextGen Stokvel" or "Stokvel 2.0", the organisation is registered as a private company and uses the stokvel vehicle to take advantage of unrealised capital gains and market inefficiencies.

4 May 2022 4 min

Organisation helps institutions to revamp buildings

To date, the Masedi Education Projects Stokvel has assisted two schools in the Limpopo province, with one of the schools being able to hire seven staff members after renovations. With an estimated worth of R1.9million, the stokvel is expected to start on its third school soon.

20 Apr 2022 4 min

Isondo Farmers Stokvel

According to statistics released by the SA Poultry Association in 2018, Mzansi’s poultry industry was ranked the largest segment of the agricultural sector, contributing more than 43% of animal product GDP. Ellen Mokau decided to start the Isondo Farmers Stokvel in July 2020. As Mokau was already vocal and active…

23 Mar 2022 3 min

Stokvel banishing January money blues for good

While saving may seem like an easy thing to do, it is not always the case and an accountability structure can help to keep you on track. Through the January Riches stokvel, members hold each other accountable on their journey of saving in order to begin the year on a…

10 Mar 2022 4 min

Sakhisizwe helps ordinary people to build generational wealth

Sakhisizwe Property Stokvel was established in June 2019 and has become one the top-performing stokvels and is growing rapidly, enabling members to invest in high-yield properties in order to receive returns on those investments. Sakhisizwe, which connotes with the building of a nation, primarily consists of two types of investments…

10 Mar 2022 4 min