Author: Nozizwe Vundla

The Sanlam ESG Barometer highlights the social impact Africa can achieve through sustainable business practices, aligning with the Sanlam Leruo Stokvel Programme’s vision. This initiative, in partnership with Zevoli Growth Partners, aims to revolutionize stokvels in the digital age. From subsistence to wealth creation Traditionally, stokvels have been vital to African communities, facilitating savings for various needs. To transform these groups into engines of wealth creation and community empowerment, formalization, financial education, digital integration, and regulatory alignment are essential steps. Creating a social impact beyond savings and investments Groups like the Divine Brotherhood Stokvel and Women Navigating the Future Network…