Showing posts with label south africa. Show all posts
Showing posts with label south africa. Show all posts

Thursday, January 13, 2011

Spaza shop

A Spaza shop is an informal convenience shop business in South Africa, usually run from home. They also serve the purpose of supplementing household incomes of the owners, selling everyday small household items.
These shops grew as a result of sprawling townships that made travel to formal shopping places more difficult or expensive.

Stokvel - South Africa

Stokvel
stok·vel [ stók fèl ] (plural stok·vels)

noun
Definition:

South Africa savings association: an informal savings association in which members contribute regularly and receive payouts in rotation

[< Afrikaans, alteration of English stock fair "livestock market"]