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Stock-Up is the brainchild of South African born Mayo Twala. After receiving a triple major degree from Rhode's University (English/History/Organisational Psychology), Mayo continued with a MA in Digital Media and Society with a focus in Behavioral Banking from Cardiff University. Throughout her life, she continuously saw how under served a large population of her community has been financially.
"Stock-Up is a micro-financing tool for the working class global citizen to save and invest tax-free"
Our purpose is to bring about financial freedom, security, and ease of access to the global stock market in an inexpensive, cost-effective and sustainable way.
Tax Free Investments were introduced as an incentive to encourage household savings
The tax free investments may only be provided by a licenced bank, long-term insurers, a manager of registered collective schemes (with certain exceptions), the National Government, a mutual bank a co-operative bank, the South African Postbank, and administrative financial services provider and a person authorised by a licensed exchange to perform one or more securities services in terms of the exchange rules. Service providers must be designated by the Minister in the Gazette. As per the current Regulation, only the above are designated.
Overview
CARDIFF, UNITED KINGDOM
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