MEMBERSHIP
Membership and Leaving the Club: Guiding Principles
Welcome to the membership guidelines and principles of Indzuzo YamaQobokazana Investments. We value your commitment and aim to provide a supportive environment for all members. Below are the key aspects of our membership structure and the process for leaving the club:
Membership Requirements:
(a) Membership is open to women who possess a valid South African Identity Document.
(b) Our club welcomes a minimum of 20 and a maximum of 30 members in the initial phase. The second phase’s membership cap will be determined by our collective decision after two years of establishment.
- Members are required to provide their personal details to the Investment Club in compliance with FICA (Financial Intelligence Centre Act) requirements.
- Next of kin details are to be supplied by members. In the unfortunate event of a member’s passing, the designated next of kin will become the beneficiary.
- All members are bound by the provisions outlined in the Investment Constitution.
Leaving the Club:
(c) When a member chooses to leave the club, the following process applies:
• A resignation letter must be submitted to the secretary of the Investment Club.
• Resigning members will be subject to the provisions specified in the memorandum of agreement.
Your participation in Indzuzo YamaQobokazana Investments is a valuable contribution to our collective growth and empowerment. We encourage an atmosphere of respect, collaboration, and responsible decision-making.