In 2021, the SAB Zenzele Kabili B-BBEE share scheme was listed on the Johannesburg Stock Exchange BEE board. This is an opportunity for qualifying investors to purchase shares in a hugely successful B-BBEE share scheme.
The SAB Zenzele launched in 2010 and is now available at the JSE (Johannesburg Stock Exchange) for share purchasing. These shares are available to SAB employees and retail partners to buy shares. This is a full review of the SAB Zenzele Kabili B-BBEE share scheme, to make sure that you know if this is something that you can invest in or not.
More about SAB Zenzele Kabili
The SAB Zenzele Kabili share scheme was launched in 2010, and now the stocks are available at the Johannesburg Stock Exchange or JSE on May 28th, 2021. These are all the information you need to know about the share scheme, to make sure that you know if you can qualify for purchasing some shares.
- Scheme launched in 2010, and reach maturity during 2021. It took 11 years to get from the launch to the product reaching the JSE.
- This is scheme is known as the SAB Zenzele Kabili B-BBEE share scheme from SAB or also known as the South African brewery.
- These shares are available to SAB employees and retail partners. Retail partners like tavern owners and bottle store owners with a valid alcoholic license.
- At the moment this is the largest B-BBEE share scheme in South Africa and is making a huge profit at the moment.
SAB Zenzele Kabili B-BBEE listed on Stock Exchange
One of the reasons why SAB Zenzele Kabili was listed on the JSE is because it became one of the largest B-BBEE share schemes in South African history. At the moment it has a value of over R9,7 billion.
- Those who purchased shares in 2010 for R100 can now get a pre-tax dividend of about R77, 518. This is a huge profit and one of the reasons why this share scheme is so successful.
- The SAB Zenzele Kabili scheme is now opening up to other B-BBEE investors from the general public, but as well as to the SAB employees.
- Retail shareholders from SAB Zenzele can also reinvest their residual earnings into the new scheme.
Details on the SAB Zenzele Kabili deal
When it comes to the SAB Zenzele Kabili deal, you need to know a couple of things. The details and information that everyone needs to know before you can consider purchasing some shares.
- The asset in the share scheme is a holding of AB InBev shares. This is basically the company that owns SAB
- AB InBev is the world’s largest beer producer and has about 500 top beer brands all over the world.
- Some brands include Castle, Budweiser, Carling Black Label, and Corona.
- The share deal is structured with Vendor-funded, 50c free shares in every R1 investment according to the gearing arrangement.
- The loan funding makes it easier for investors to buy shares at a discounted price.
- The price was R40 per share. Now the price goes up to around R1000 per share.
How to buy your own SAB shares
When you purchase the SAB Zenzele Kabili shares, you can purchase them from the JSE. This is because it is traded on the JSE from May 2021. One important thing that you need to know is that SAB employees will not be able to sell their shares for at least five years.
There are two options available for investors to buy shares. You can make use of the JSE registered broker or you can make use of the trading platform.
- Banks like FNB and Investec are offering these shares on their share trading platforms.
- Or, you can make use of a broker at Computershare.com
Different places you can buy your shares from
The two main and most popular places where you can purchase the SAB Zenzele Kabili shares online are:
It is important to know how to use these two platforms to buy shares successfully.
Buying shares at Computershare
Before you can buy any shares from Computershare, you will need to create an easy account on the platform. This is if you don’t have one already. No worries, there aren’t any account fees with the easy account. You will just need to pay the trading costs.
- After you open the account, you will need to download and sign the custody and settlement agreement.
- The Naturalization affidavit needs to be signed in the presence of a commissioner of oath
- Email all these documents with your ID, bank statements and an income tax document, and proof of residency
- The email address is [email protected]
- Your account needs to be BEE verified. You can contact a Computershare agent for further assistance, and for purchasing your shares.
Buying shares at EasyEquities
EasyEquities is a South African online trading platform and is known as the easy to use, and low-cost platform. You can buy stocks, ETFs, and even ETNs with this platform. It is a bit different to purchase Zenzele Kabili shares on this platform.
- Must need to register as a client on the platform.
- You still need to submit a Naturalization Affidavit that was signed and certified at the Commissioner of Oath’s office.
- Shareholders need to qualify as a B-BBEE small enterprise with a turnover of R10 million and R50 million.
- Once all your documents have been verified and approved, your new easy ZAR BEE account will be activated.
- You can now purchase the Zenzele Kabili shares online.
Buying SAB Zenzele Kabili B-BBEE shares is a great opportunity for people qualifying for the B-BBEE shares. The only important thing to consider is that you need to know what the SAB Zenzele Kabili shares are and if this is a great opportunity or a huge risk. This is a full review of the shares and how you can invest in these B-BBEE shares.