Barloworld Khula Sizwe B-BBEE Scheme Structure
Khula Sizwe has two main structural components:
Khula Sizwe has two main structural components:
Public Shares
The opportunity for black South Africans to own their share of R2.9 billion in commercial property through Khula Sizwe.
30% shareholding in Khula Sizwe. R163 million funded by individual black shareholders
Management and Employee Trust
Approximately 14000 Barloworld employees and management to participate as shareholders in Khula Sizwe.
3% shareholding in Barloworld
R750 million value
Focus on:
Poverty alleviation, education, youth
development and advocacy for marginalised and
underserviced citizens largely excluded from the
economy