Member funds are held through the banks we work with, Standard Bank and/or FNB. Members can access their funds and records through their banking profiles and through the Stratum platform as SAMBO members.
Participation in multi-business ownership is available only after registration, verification and approval through the banks we work with, Standard Bank and/or FNB. Applicable client funds are managed by a registered fund management company, subject to the governing mandate and regulatory requirements.
Participating accountable institutions and regulated service providers perform the functions reserved for them by law. Luthando Maduna & Co Chartered Accountants does not issue, broker or trade shares or financial instruments. Any shares or instruments connected with Shop Where You Own are arranged through duly authorised Standard Bank and/or FNB, and other duly authorised regulated providers.
Businesses may be prepared for placement on an appropriate listed stock exchange where commercially and legally suitable. Any admission or listing remains subject to the relevant exchange, legal, audit, tax, funding and regulatory approvals. Business ownership involves risk; profits, distributions and listings are not guaranteed.
Website content is general information and does not constitute financial, investment, tax or legal advice. Any technology- or AI-assisted information is subject to professional review and should not be relied upon without advice suited to the client's circumstances.