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SowetanLIVE Podcast

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Weekly English South Africa News
19 Episodes

Siyavutha Property Stokvel

The Soweto-based property stokvel currently consists of 89 members and is operated largely via the StokFella platform. With a name that connotes to being on fire, the stokvel seeks to address some of the most burning issues in Mzansi’s economic landscape. 
13 Jul 2022 3 min

A stokvel to make your travel dreams to come true

Roadtrippers Stokvel was formed in 2012 with the purpose of encouraging travel and making it more accessible. The stokvel presents individuals and groups of hopeful travellers with the opportunity to save up for a trip to their most sought-after destination. Trips are thoughtfully planned with itineraries that offer unforgettable experiences.
29 Jun 2022 4 min

HOPE Property Stokvel

HOPE (which stands for “Helping Our People Exceed”) was formed in 2018 by property investor Bontle Zweni. The main aim of the stokvel is to enable disadvantaged and financially excluded people to own land and property.
23 Jun 2022 5 min

Stokvel Academy educates and empowers stokvels

Stokvel Academy aims to shift stokvels from operating solely on a consumer-based approach through empowering them to explore the various entrepreneurial endeavours that exist within the stokvel industry.
15 Jun 2022 3 min

Learn about the Eleganto Social Club

Today, Eleganto stands strong as a platform where members save as a collective with the aim to create wealth, while also supporting each other through the bad times and sharing joy during the good times.
8 Jun 2022 2 min

Kopano Collective

With wealth in mind, hope in their hearts and R50 notes in their hands, social media users from all across SA came together and joined in on the idea. Today, Kopano Collective has just over 1,200 members.
25 May 2022 3 min

Aziwe Ladies stokvel

The group of financially savvy ladies came together with the joint aim of ensuring that groceries are the least of their worries. Members pay a monthly contribution fee of R410 from January to December. During the second week of December, members use the lump sum to purchase grocery items in…
19 May 2022 3 min

Matthews, CEO of the National Stokvel Body

We spoke to Xolani Matthews, CEO of the National Stokvel Body of SA (NSBSA), about the evolution of stokvels, regulation of the stokvel industry as well as using stokvels to develop the black township economy.
11 May 2022 7 min

Capital One Partners (COP)

Also known as "The NextGen Stokvel" or "Stokvel 2.0", the organisation is registered as a private company and uses the stokvel vehicle to take advantage of unrealised capital gains and market inefficiencies.
4 May 2022 4 min

Organisation helps institutions to revamp buildings

To date, the Masedi Education Projects Stokvel has assisted two schools in the Limpopo province, with one of the schools being able to hire seven staff members after renovations. With an estimated worth of R1.9million, the stokvel is expected to start on its third school soon.
20 Apr 2022 4 min

Isondo Farmers Stokvel

According to statistics released by the SA Poultry Association in 2018, Mzansi’s poultry industry was ranked the largest segment of the agricultural sector, contributing more than 43% of animal product GDP. Ellen Mokau decided to start the Isondo Farmers Stokvel in July 2020. As Mokau was already vocal and active…
23 Mar 2022 3 min

Stokvel banishing January money blues for good

While saving may seem like an easy thing to do, it is not always the case and an accountability structure can help to keep you on track. Through the January Riches stokvel, members hold each other accountable on their journey of saving in order to begin the year on a…
10 Mar 2022 4 min

Sakhisizwe helps ordinary people to build generational wealth

Sakhisizwe Property Stokvel was established in June 2019 and has become one the top-performing stokvels and is growing rapidly, enabling members to invest in high-yield properties in order to receive returns on those investments. Sakhisizwe, which connotes with the building of a nation, primarily consists of two types of investments…
10 Mar 2022 4 min