The South African Breweries scheme launched Sab Zenzele in 2010 wherein 42000 shareholders invested in it. It had an R14 billion worth back then and an R9.5 billion return offer.
If someone invested R200 back in 2010, by these ten years he would get a return of R1, 54,000 minus the taxes.
It is the largest B-BBEEE company scheme in the consumer goods section which belongs to the fast-moving category. SAB plans to continue this growth trajectory of economic empowerment for all those working around it. Thus, this year the company is opening the offers to all the previous shareholders. A part of their earnings can be reinvested by the shareholders.
It will follow the JSE listing from 28th May 2021 and the listing will facilitate and open up liquidity funds for the SAB employees through the new employee stock ownership plan and expand the program to other B-BBEEE investors.
Due to COVID-19, the scheme which was supposed to roll out last year got postponed until this year. For this second version, shareholders are expected to invest R140 for the underlying AB InBev asset that begins trading at R1000.
How to buy Sab Zenzele kabili shares?
You could either try buying Sab Zenzele Kabili shares from any of the suitable platforms or you could also try out a JSE broker.
Eligibility for buying out the shares of SAB Zenzele Kabili is restricted to people originating from the African Black tribe, or individuals who could be Indian, Chinese, or of any other color red ethnicity.
How to invest in Sab zenzele kabili?
Simply fill up the Sab Zenzele Kabili form and invest your money in the shares. You could buy as many shares as you need from these trading platforms.
Where do I find Sab Zenzele Kabili application forms?
The Sab Zenzele Kabili application form can be obtained either from Investec, Computershare, or otherwise, you could click on the given link to download the application form.
What is the SAB Zenzele shares payout date?
The payouts would be done on 28th May 2021. The initial payout date was 28th May 2021 but got delayed by a year due to the COVID-19 pandemic cropping up.
SAB Zenzele Kabili easy equities?
The primary broker for SAB Zenzele Kabili is Investec. Other trading platforms which have got a license to list Sab Zenzele Kabili can also be considered as qualifying platforms.
Sab Zenzele Kabili shares are not available on Easy Equities. It would also be listed with Computershare and can additionally be found in those banks which hold a broker division.
The call center of Sab Zenzele Kabili is to be found at 0861 900 903 and they operate from 9 AM to 5 PM from Monday to Friday every week. In case you have queries that cannot be resolved via the telephone, you could also try mailing them at [email protected].