My journey

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Am I a beneficiary?

Check if you’re eligible and understand
what that means for you.

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The Vesting process

What’s happening: Your Thusano Trust shares reach the end of the 15-year hold on 1 December 2025.
From then, you can receive their value or keep them in your own name.

What you’ll do and when:

Check your details (now)

  • Confirm you’re a beneficiary and that your ID, mobile and banking details are correct.
  • Fastest: JIS portal https://www.investecss.co.za/thusano/account/logon(use ID/employee number).
  • Or call 086 125 5525 / 086 143 3659 weekdays from 08:00-19:00, Saturdays 09:00-14:00
  • USSD *120*1138#
  • Text +27 83 680 0079
  • or visit Teba.

Choose what to do
(by 22 November 2025)

  • Sell all your shares (you’ll get the cash, after tax); or
  • Transfer your shares to a stockbroker (no cash now); or
  • Do both (sell some, transfer the rest).

If you don’t choose by 22 Nov 2025, the default applies: your shares are sold after vesting and the cash (after taxes) is paid to your recorded bank account.

If you’re transferring, open a stockbroker account
(before Dec 2025)

  • Use your bank’s share-trading service or any JSE-accredited stockbroker.
  • Have your stockbroker account details ready so transfer can start smoothly.

Vesting day
(1 December 2025)

  • The 15-year hold ends. The Trust begins the sell/transfer process in line with your choice and starts formal wind-up steps.

How the value is set
(Dec 2025 – Feb 2026)

  • If selling, shares are sold over several days; an average price is used so everyone who sells gets the same price per share.
  • Share prices can go up or down; the Trust can’t predict future prices.

Taxes are
applied

  • The Trust gets a SARS tax directive and deducts taxes before paying out or transferring.
  • If transferring, you may sell a small portion to cover taxes/fees or settle them directly (your broker/JIS will guide you).

You receive
your value
(from 2 March 2026)

  • Selling: cash (after tax) is paid into your bank account on record.
  • Transferring: your shares move into your broker account.
  • You’ll get confirmations via your chosen contact method.

Keep your records

  • You’ll receive a tax certificate for your payout/transfer.
  • The Trust continues tracing unpaid beneficiaries through March 2028.
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Quick tips

  • Update banking details to ensure you receive the payout into the correct account.
  • Prepare stockbroker details early if you plan to keep your shares.
  • Need help?
    • Call 086 125 5525 / 086 143 3659 weekdays from 08:00-19:00, Saturdays 09:00-14:00
    • USSD *120*1138# (for those with a South African ID number)
    • Text +27 83 680 0079,
    • or visit Teba (click here for a list of TEBA offices).

Stay safe from scams

  • Thusano Trust/JIS will never ask you to pay a fee to get your payout or transfer.
  • Only statutory taxes and standard admin fees (handled by the Trust/JIS) apply.
  • If unsure, contact the numbers above before sharing personal or banking info.