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Press Office - 2012
African Response's winning Stokvel paper - Stokvel Hidden Economy
BRYANSTON – The safety net provided by civil participation groups such as stokvels have been acknowledged as a critical component for a cohesive society by the Presidency in 1999, based on the recognition of their ability to provide for both financial and social capital[1]. Stokvels contribute to community development in a number of ways for example employment creation, support for micro-entrepreneurs and enabling beneficiaries in a variety of ways e.g. funding education, provision of homes and so forth (Vermaak 2000). more...
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Stokvel study featured in the Weekend Argus - Stokvels stoke saving habit
BRYANSTON – Stokvels are SA's "hidden economy". Research presented at the recent SA Marketing Research Association annual conference showed almost 11.5 million people belong to 811 830 stokvels around the country and that they collectively save an astonishing R44 billion a year. more...
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