Business Buzz

Wits Radio Academy — Today's Business focused on the business of stokvels and the prevalence of the money flowing through them and how they can better contribute to the economy. The buffalo index looks at how far your R100 can go towards joining or starting a stokvel, We also talk to Ntuthunko Shezi from Livestock Wealth about their initiative that connects investors looking to invest in cows with farmers who are also looking for investment to grow their farms. We also talk to Lesego Mpete from BDO about the role of stokvels in the South African economy. We wrap up the show with a conversation about Stokvelex, an exhibition event aimed at creating a network platform that seeks to foster and formalize relationships between various stokvels in areas like banking and tech.