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SME with Liabo Setho, 12 July 2019

* This week we are looking into Small Businesses and Stokvels.
Business owners are now using stokvels to boost their existing businesses and to build new ones. Earlier this week, Camera Operator Ronewa Musandiwa and I caught up with Puno Stokvel in Johannesburg. They’re a stokvel group of business owners and aspiring entrepreneurs who have clubbed together to buy a machine that will enable them to become shareholders in a manufacturing business.

* Puno is demonstrating the power of stokvels and if used cleverly can be useful beyond what we are used to. Take a look at the following numbers.

For more news, visit: sabcnews.com

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