Established under Government Notice 404 in Gazette 35368 on 25 May 2012, the National Stokvel Association of South Africa (NASASA) operates as a voluntary association for Stokvels. This regulatory framework mandates all Stokvels to become members of NASASA, creating a centralized structure for regulatory compliance and collective strength.
Mandatory Membership
In adherence to government directives, all Stokvels are obligated to enroll as members of NASASA. This requirement emphasizes the integral role NASASA plays in shaping a regulated and resilient Stokvel sector. Membership within NASASA is a strategic choice that aligns Stokvels with a shared regulatory framework.
NASASA’s Role
NASASA, as a member-based association, serves as the nucleus for Stokvels seeking regulatory guidance and unity within a structured framework. This association fosters collaboration, enabling Stokvels to navigate the financial landscape securely while contributing to the overall stability of the sector.
Collective Strength
By becoming a NASASA member, Stokvels contribute to the collective strength of the association. This unity enhances the sector’s ability to address regulatory challenges, promote responsible financial practices, and collectively influence policies that impact the Stokvel community.
Free Membership
Participation in NASASA is facilitated without any financial burden. Membership is offered free of charge, ensuring that Stokvels, regardless of size or financial standing, can access the regulatory support and collaborative environment provided by NASASA.
NASASA, as a voluntary association, stands as a regulatory guardian for Stokvels, fostering a structured and compliant environment. This page serves as an informative guide for Stokvels navigating the regulatory landscape and understanding the integral role NASASA plays in shaping the collective future of the Stokvel community.
To adapt and stay relevant to the constituency. NASASA operates as a learning organisation, purposefully interacting with our environment and continiously improving our process based on experiments and feedback.
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