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DISCUSSION: Property Stokvel Investment Club

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A stokvel has been launched to uplift black communities and help its members invest in properties. The increasing costs in the bond market and home loan interest rates are leaving many South Africans unable to afford homes. The Property Stokvel Investment Club is trying to make owning property for black South Africans easier and more accessible. Entrepreneur and publicist Nicolas Manyike has initiated a property stokvel investment club which seeks to help South Africans buy properties and own land. He says that most stokvels are created to buy groceries, especially for the festive season, or help members with repaying debts and funeral costs. Nicolas joins us now in studio for more...For more news, visit: sabcnews.com

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SABC News actuality world news local news Property Stokvel Investment Club Nicolas
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