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National Consumer Commission to probe KZN farm business

National Consumer Commission to probe KZN farm business
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.

South Africa , Eastern Cape , South Africans , Miziyonke Mtshali , National Stokvel Association Of South Africa Nasasa , National Consumer Commission , Piggy Farm Trading , Consumer Protection Act , Farm Trading , Stokvel Association ,

The difference between a legal stokvel and an illegal Ponzi scheme

Feb 26, 2021
According to the National Stokvel Association of South Africa (NASASA), there are roughly 810 000 active stokvel groups consisting of over 11-million South Africans, collecting an estimated R50-billion annually. Nearly 40% of South Africa’s adult population are members of a stokvel.
Recently there has been an increase in illegal pyramid schemes or Ponzi schemes, which continue to pop up around South Africa. These schemes defraud many unsuspecting South Africans of their hard-earned money, with the promise of fast financial returns every year. It is critical that South Africans are able to tell the difference between a stokvel and an illegal pyramid and/or Ponzi scheme. ....

South Africa , South Africans , Miziyonke Mtshali , National Stokvel Association Of South Africa , National Stokvel Association , Smart Week South Africa ,

Distinguishing between a legal stokvel and an illegal Pyramid or Ponzi scheme

Distinguishing between a legal stokvel and an illegal Pyramid or Ponzi scheme
carletonvilleherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carletonvilleherald.com Daily Mail and Mail on Sunday newspapers.

South Africa , South Africans , Miziyonke Mtshali , National Stokvel Association Of South Africa , National Stokvel Association , Chief Executive Officer , Money Smart Week South Africa , Local News , Latest Local News , Breaking News , தலைமை நிர்வாகி அதிகாரி , உள்ளூர் செய்தி , சமீபத்தியது உள்ளூர் செய்தி , உடைத்தல் செய்தி ,