SAB Zenzele Kabili was listed on the Johannesburg Stock Exchange on May 28, 2021. The listing price was R40, and today it is worth R180. You might be wondering what SAB Zenzele Kabili is? This is a follow-up to SAB Zenzele, the largest broad-based black economic empowerment scheme in South African history that has just been closed out.These shares trade under the full name “SAB Zenzele Kabili Holdings (RF) Limited” with the abbreviated name of “SABKabili” under JSE ordinary stock symbol – SZK
Any qualifying person in terms of the Broad-Based Black Economic Empowerment Act will be able to buy.
Is Zenzele Kabili a good share to buy?
These shares are linked the performance of AB InBev shares, which have been demonstrating steady growth despite the impact of the Covid 19 pandemic.
How to buy at Standard Bank?
Go to Standard bank website by clicking Here and click register.
Follow a simple step by step and complete the form.
You will get an email notifying you that the application was received.It took few hours for me to be approved and this is the email you can expect.
Use the username and password sent to your email to log and below is the expected screen. At the top, you will see a message saying you should send your FICA documents, i.e., proof of address and certified ID copy. You can send your Fica document to this email address and always add your ID number or application or reference number –[email protected].
You will notice that you still can’t buy shares because you are not BEE verified yet. Lucky enough, I have a simple SAB BEE Naturalisation Affidavit 1 page PDF that you must complete form that you need to complete and get the COMMISSIONER OF OATHS to sign. Go to the police station if you don’t have any COMMISSIONER OF OATHS around you. You can download it below.SAB-BEE-Naturalisation-AffidavitDownload
After signing and getting the COMMISSIONER OF OATHS to sign, you can email the form back to Standard [email protected] Bank will send your Affidavit to SAB get approval and confirmation that you do qualify to buy shares. You will get an email confirmation that your account is ready, and you can buy SAB Zenzele shares.
hope you will be able to buy these shares before they shoot to the moon.