BizNews BizNews Radio

Andile Mazwai: Financial disruptors - R45bn in Stokvels, 11m people

Loading player...
Andile Mazwai, CEO of the National Stokvels Association of South Africa tells Tim Modise that stokvels have played an important role in the lives of the black community for decades and continues to do so for many citizens who work in the informal sector. He says NASASA provides members with an opportunity to speak with one voice when dealing with the financial institutions and the government. He estimates the membership of stokvels to be 11 million and the size of savings at R45 billion. Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Nov 2015 4AM English South Africa Investing · Business News

Other recent episodes

Criminals - NOT cops - patrol SA’s streets of fear… | Lisa Schickerling

In this interview Chris Steyn and Lisa Schickerling, the Democratic Alliance (DA) spokesperson on Police, talk about a country in the grip of fear in the wake of mass killings, multiple murders, crime increasing in areas where the SANDF have been deployed, and suspended Deputy National Commissioner of Police General…
28 Sep 9AM 21 min

Neal Froneman on his bid to bring Formula One back to South Africa

He turned around mines others had written off and built Sibanye-Stillwater into a global giant. Now Neal Froneman wants to bring Formula One back to South Africa, on 600 hectares of Swartland farmland rather than at Kyalami. In conversation with Alec Hogg, the Blue Mountain Racing chairman explained why he…
27 Sep 11AM 43 min
All episodes