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How did the JEF structure result in JEF qualifying as a black shareholder of the JSE?

April 26, 2017Black jef jse Qualifying shareholder structure

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How did the JEF structure result in JEF qualifying as a black shareholder of the JSE?

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JEF has a majority of black trustees and only provides assistance to black beneficiaries. This enables it to qualify as a black shareholder under the dti Codes and the FSC as far as we have been able to determine.