Financial education can resolve stokvel problems
11:53 Sat, 16 Nov 2019
Financial education can resolve stokvel problems | News Article
A financial education seminar to assist stokvels will be hosted at Sasolburg in the Free State, where 500 stokvel members in the Fezile Dabi District will be provided with financial education.


Spokesperson of the Free State department of Economic, Small Business Development, Tourism and Environmental Affairs (Destea), Kgotso Tau, told OFM News, the MEC, Makalo Mohale, has made a commitment as part of his programme of action to assist stokvels in the Free State to play a meaningful role and active participation in the economy. 

He further says during an engagement in September between Mohale and stokvels members, concern raised by members were maladministration due to a lack in ability by some member to handle finances.

OFM News/Marvin Ntsane


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