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Savings clubs – Perhaps time to consider as an alternative?

The National Stokvel Association of South Africa estimates that there are well over 800 000 stokvel groups in South Africa. Over 11.5 million South Africans have joined savings clubs and stokvels. These statistics show that savings clubs encourage investors to remain disciplined and committed to saving each month. In a recent press release, Noluyolo Betela, client relationship […]

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