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Old Mutual Bula Tsela Retail Scheme (RF) Limited calls on applicants to pay off share instalments

Old Mutual Bula Tsela Retail Scheme (RF) Limited calls on applicants to pay off share instalments
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As richer investors chase its BEE shares, Old Mutual favours poorer applicants

Old Mutual has received requests from people wanting to invest eye-popping amounts in its Bula Tsela empowerment scheme – which is meant to give lower-income households access to the share market.

Old Mutual Bula Tsela share offer gets 30 000 applications in six weeks

We are allowing everyone the chance to apply as long as we ve got all of your documents, all of your cash, by October 24’: Taskeen Ismail – Head: corporate finance, Old Mutual.

Who qualifies for Old Mutual s Bula Tsela empowerment shares?

Applications open to all black South Africans. There s been quite some interest from parents and grandparents to buy shares for kids: Taskeen Ismail – head of corporate finance, Old Mutual.

Old Mutual Bula Tsela empowerment deal paves the way fo

The Old Mutual Bula Tsela BEE share offer opened yesterday morning to a flood of queries, and management expects the offer to be fully subscribed before the application period ends on 24 October.

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