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An investigation by the Financial Sector Conduct Authority into the United African Stokvel allegedly saw South Africans across the country being conned out of their hard-earned cash. ....
SA stokvels saving billions, buying property despite rising cost of living iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Almost 100,000 people appear to have fallen victim to what seems to be a scam run by the Facebook-based United African Stokvel, which was the subject of a search-and-seizure raid by the Financial Sector Conduct Authority (FSCA) towards the end of June. ....
Andrew Lukhele, founder of the National Stokvels Association of SA (Nasasa) and author of Stokvels in South Africa, gives tips on the ABCs of stokvels. ....