Palesa Lengolo on Stokvels in South Africa

In the third and final entry of our Stokvel series we interviewed EasyEquities INVSTR, businesswoman and Stokvel advocate, Palesa Lengolo, about Stokvels in the investment space. The founder of Palengo Holdings: an investment and small business venture capitalist group, sat down with us to discuss the relatively untouched potential in this type of collective investment organisations.

While Stokvels are traditionally seen as informal organisations with one collectivised financial objective, Palesa highlights that we’re seeing a break from the old ways.

In the interview with the superwoman we look at just what makes Stokvels unique, and how the financial industry is beginning to recognise Stokvels as legitimate financial organisations.

Watch a portion of the interview with Palesa: 


You can listen to the full podcast and interview here:

Palesa Sound.jpg

2021 Update

Palesa joined us on our Easy Does It podcast to speak Stokvels, but we think you should give it a listen as well to see the progress being made in the SA financial landscape: 

 

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Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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