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New app StokFella to tap into R49bn stokvel market

| Tshepo Moloi, founder of StokFella, an app that simplifies recordkeeping, planning meetings and governance of stokvels.

CAPE TOWN - Founder and CEO of StokFella, a firm aiming to simplify the running of stokvels talks to Ray White about the new app his company came up with to help stokvels in the country's townships on to run their administrative logistics.

There are about 800 000 stokvels in South Africa that collectively save about R49 billion per year.

Listen to the interview above for more information.

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