Employees Benefit From Shares When They Retire

Back in 2003, First African Holdings (FAH) concluded a BBBEE transaction that saw previously disadvantaged staff take up a 40% stake in the company. We thought this would be a good strategy to look after our employees.

Employees working at FAH therefore receive shares in the company, which they can then sell when they retire. You can read more here about how Daphne Joubert and Naties Jacobs recently received generous cheques by selling their shares when they retired.