December is a time of celebration for many South Africans, and for stokvel members, it is often the month they reap the rewards of a year’s disciplined saving. Stokvel payouts are a lifeline for ...

Two men accused of defrauding their stokvel R600,000 have been released on R5,000 bail each following their court appearance in the Rustenburg Magistrate’s Court. The duo, Benjamin Mogotsi ...

Two stokvel members have been arrested and released on bail for allegedly withdrawing money from the bank account without the knowledge or consent of other members. Benjamin Mogotsi, 51 ...

Experts predict the popularity of stokvels in South Africa is about to skyrocket, as the country enters an unprecedented ...