Stokvels prove power in numbers

22 December 2019 - 00:14 By PENELOPE MASHEGO

Some of SA's retailers are about to win big as members of the stokvel industry flock to stores to make their year-end purchases.

Planning has been the key for Perseverance Chisane, a mother of three in Hillbrow, Johannesburg. She forks out R1,000 a month to a savings stokvel of four members and R300 a month to a grocery stokvel...

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