2011: Press release – African Response tells the story of the Stokvel

BRYANSTON – A groundbreaking survey launched last week by the most local global research company, African Response, has blown the lid off the lucrative and influential stokvel market. According to AMPS 2011, 40% of the South African population currently belong to a Stokvel.

“Given this potential, African Response sought to quantify this market in terms of size and value as well as shed some light on attitudes and behaviours. To this end, we conducted a nationwide survey with over 2 000 stokvel members” states Mamapudi Nkgadima, Managing Director of African Response.

African Response Stokvel press release _Final

About our company

African Response is an independently owned insights company in South Africa since 2003. We help organisations make better and informed decisions through a deep understanding and appreciation of people, markets, industry and business dynamics. We offer Research, Insights and Strategy. We have the flexibility to conduct research anywhere in Africa through a single point of contact in South Africa with offices in Johannesburg.

Contact Us

The Campus, Twickenham Building, Ground Floor, 57 Sloane Street, Bryanston 2021


+27 11 745 2011