The Science Of ...

Cash Under the Mattress - the science of the stokvel

I thought I'd done my bit in making wealthy people wealthier, and I thought what attention was being given to the ordinary person who wanted to get from a position where they are not accumulating wealth to one where they are

Andile Mazwai, National Stokvel Association CEO

We go out there and we take our unit trusts to our people

Andile Mazwai, National Stokvel Association CEO

Research puts the number of Stokvels in SA at around 800 000 groups with a pool of some 50 billion rand

We have made progress. When I joined the organisation just over two years ago we had 3000 groups that were registered with the National Stokvel Association and we've grown that now to 110 000 groups.

Andile Mazwai, National Stokvel Association CEO

This article first appeared on 702 : Cash Under the Mattress - the science of the stokvel


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