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Stokvels are on the move: moving from villages to cities, from beneath mattresses into savings accounts and investment instruments. As they move and evolve, their potential for growth and their ability to create wealth increases.
Throughout the year, South African households have borne the brunt of rising consumer inflation and interest rate hikes. This has made achieving financial goals near impossible for most.
For every South African who dreams of reaching their financial goals, tax-free saving investments present an opportunity to get the most out of the money that they put away.
The strongest deterrent against FSP compliance missteps is or should be: