Search

Stokvels: A uniquely African savings solution

By Janice Roberts at New Media
22 November 2016 • 1 min read

Vusi Ndwandwe, Managing Executive: Retail and Business Banking Transactional & Deposits at Absa

Vusi Ndwandwe, Managing Executive: Retail and Business Banking Transactional & Deposits at Absa

The word stokvel is believed to have originated from the term “stock fair” which was used to describe auctions run by English settlers in the 19th century. (more…)


Subscribe to our free newsletter

Stay at the forefront of financial advisory excellence with MoneyMarketing's weekly insights. As a professional adviser, you'll receive carefully curated content that enhances your practice and client relationships without cluttering your inbox. Our commitment to delivering only relevant, actionable intelligence helps you make informed decisions that drive your business forward. Join our community of leading financial professionals today and transform your practice with our complimentary newsletter—because your success is our priority.

 
Previous Article
Beware of the rise in U.S. bond yields, investors warned
Next Article
Fund manager in India

Related articles