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.
2012StokvelStudyStokvel study featured in the weekend argus – Stokvels stoke saving habit
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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.
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