It has been dubbed a pyramid scheme that will eventually collapse, leading participants into financial loss, but members of Triple M insist that it is only a stokvel or a saving scheme that has rescued many from financial distress and poverty. Now, despite recent media reports warning of its dangers, participants remain adamant that the scheme is here to stay.
Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 12:00 on SABC 1.
Yilungelo Lakho an interactive live show, aims at informing and educating consumers on their rights. Every Friday we focus on a particular topic for the entire hour – kicking off with an insert which serves as a background/scene setter, after which our studio guests/experts or commentators analyse the issue. Telephone lines are open during the whole show for viewers to participate.
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National Consumer Commission
+27 12 761 3000/3200/3400