Quick Hot Tips

• Stokvel Tip: If you are unsure about the validity of a stokvel, check out the stokvel registry on the National Stokvel Association of SA website.

• Stokvel Tip: When joining a stokvel that invests in company shares, be sure to research the companies involved for returns and risks.

• Stokvel Tip: Apps such as Franc and StokFella offer stokvel investment options, eg. money markets, for higher returns than bank accounts.