The Future of Stokvel

In this episode I am in conversation with Dr. Pallo Marumo on the power, potential and future of stokvels. Morden day stokvels that are investment and long term focused, could be one of the solutions to economic freedom for black people. With the right intentions and less consumerism mindset, stokvels could potentially solve generational poverty - and that is at the heart of my conversation with Dr. Marumo 

Bio

Dr Pallo (Problem Solver) Marumo is the MD at Tsoga Afrika Insurance Brokers. He qualified as a medical doctor in 1998 and worked in various hospitals until he joined the Military in 2004. During his stint at the military, Pallo was recruited into the prestigious Presidential Medical Unit in 2007 where he was soon appointed as the Resident Commander for the ground medical team of the late President Rolihlahla Mandela. He served in the team until the late President’s passing in 2013. His selfless service in President Mandela’s team earned him one of the greatest honors - the Nelson Mandela Gold Medal in 2014. Pallo is the Co-founder of Tsoga Afrika Investment Holdings and Non-Executive Director at The People’s Fund. He is also chairs the Project’s Committee at Calidris Investment Primary Cooperative – a collective of 400 professionals. In the past years he also served as an Advisory Committee member of The People’s Stokvel CFI – a collective of 3000 members. Pallo is a strong believer in the power of cooperative economics and holds a firm view that a country can turn its fortunes around in just one decade.

Contacts: 

Facebook: Pallo Marumo

Website: Home - Tsoga Afrika Insure (tsogainsure.co.za)

Website: Tsoga Afrika Investment Holdings - website under development

Email: Pallo@tsogaafrika.co.za

 

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