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The role of the stokvel in the organisation

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South Africans are well-known for their participation in stokvel saving schemes where members contribute a fixed monthly amount that is paid out to a specific member on a specified date. Employers can integrate these payments into existing processes to make it safer and more convenient for those members.

Zimbabwe – the case for a cashless case-study?

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Running a country with hard cash is expensive. Instead of devising new plans to make cash available, governments should drive the cashless shift by promoting and enforcing electronic payments, which will motivate citizens to open bank accounts.

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