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July Savings Month/ Are Stokvels Still Relevant?

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Old mutual 2020 savings and investment monitor saw an increasing trend in informal savings, Old Mutual found flux and movement between informal savings instruments. In 2020 there was a 10% drop in the number of people who say they belong to a savings club or stokvel, compared with last 2019.
15 Jul 2021 10AM English South Africa Business News · Investing

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