1. Explain how a Stokvel

  1. 1. Explain how a Stokvel can help a person to save money.2. Give disadvantages of stokvel. 3. What important points would you
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  2. 1. Explain how a Stokvel can help a person to save money.2. Give disadvantages of stokvel. 3. What important points would you
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  3. Explain why a stokvel is excluded from the Banks Act. (4)
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  4. discuss how south African banking law makes provision for indigenous law like stokvel
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    2. Buhle asked by Buhle
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  5. Based on statutory provisions, case law and other authorities,Discuss the validity of forming a stokvel
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  6. paraphrase:A stokvel is basically a type of credit-rotating association in which a group of people enter into an agreement to
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  7. summarise:It is clear that the activities of some types of stokvel resemble the services and products offered by some formal
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  8. Summarise:It is clear that the activities of some types of stokvel resemble the services and products offered by some formal
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  9. summarise:The first type of stokvel we would like to refer to is the ‘gooi-gooi’. The term ‘gooi-gooi’ literally means
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  10. summarise:The second type of stokvel is the investment club. The entire pool of money is banked after each rotational sitting.
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