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Explain why a stokvel is
1. Explain how a Stokvel can help a person to save money.
2. Give disadvantages of stokvel. 3. What important points would you
1 answer
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1. Explain how a Stokvel can help a person to save money.
2. Give disadvantages of stokvel. 3. What important points would you
1 answer
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Explain why a stokvel is excluded from the Banks Act. (4)
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discuss how south African banking law makes provision for indigenous law like stokvel
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Buhle
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Based on statutory provisions, case law and other authorities,Discuss the validity of forming a stokvel
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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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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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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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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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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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