SAMBO — South African Multi-Business Owners, powered by MFDA

Legal

POPIA Consent & Notice

The SAMBO platform is owned and operated by Luthando Maduna & Co. Chartered Accountants (Reg. 2019/621826/07, SAICA 20055210), 28 Beacon Avenue, Linbro Park AH, Sandton, 2196.

I consent to Luthando Maduna & Co. Chartered Accountants, as operator of the SAMBO platform, collecting and processing my personal information in line with POPIA, the Privacy Policy and the Terms of Service.

Who processes your information

The SAMBO platform is owned and operated by Luthando Maduna & Co. Chartered Accountants (Registration Number 2019/621826/07, SAICA Number 20055210), of 28 Beacon Avenue, Linbro Park AH, Sandton, 2196.

Luthando Maduna & Co. Chartered Accountants is the responsible party in terms of the Protection of Personal Information Act, 4 of 2013 (POPIA), for personal information processed on the SAMBO platform.

What we collect

Identity and contact details: full names, date of birth, identity or passport number where legally required, address, email address and mobile number.

Membership and financial records: member number, contributions, wallet and ledger entries, orders, applications and allocations recorded on the platform.

Beneficiary and next-of-kin details you choose to provide, and any supporting documents you upload.

Technical information such as device, browser and usage data required to operate and secure the platform.

Why we process it

To create and administer your membership, verify your identity and issue your member number.

To record contributions, process orders and payments, maintain accounting records and prepare statements and reconciliations.

To meet legal, accounting, auditing, tax, FICA and other regulatory obligations applicable to the operator.

To communicate with you about your account, contributions, statements and platform notices.

Your consent

By registering and by ticking the POPIA consent option, you consent to the collection and processing of your personal information for the purposes set out above.

You may withdraw your consent at any time by contacting us. Withdrawal does not affect processing already carried out, and may mean we can no longer administer your membership where processing is required by law.

Sharing and safeguards

Personal information is shared only with participating businesses, banking partners, insurers, auditors, regulators and service providers where necessary to deliver the service or to comply with the law.

We do not sell your personal information. Access is restricted to authorised personnel, records are protected by technical and organisational safeguards, and information is retained only as long as required by law or by legitimate business purposes.

All member funds are held and protected in a partner bank Digital Stokvel account, and member funds are insured.

Your rights

You may request access to the personal information we hold about you, request correction or deletion, object to processing, and lodge a complaint with the Information Regulator of South Africa.

Requests may be sent to members@madunagroup.co.za or 062 019 3208, addressed to the Information Officer, Luthando Maduna & Co. Chartered Accountants, 28 Beacon Avenue, Linbro Park AH, Sandton, 2196.

Nothing on this platform is an offer of securities or a guarantee of investment, ownership or financial return. Future ownership opportunities will be made available through appropriately regulated structures, subject to applicable legislation, regulatory approval and member eligibility.

The SAMBO platform is owned and operated by Luthando Maduna & Co. Chartered Accountants (Reg. 2019/621826/07, SAICA 20055210), 28 Beacon Avenue, Linbro Park AH, Sandton, 2196.

All member funds are held and protected in a partner bank Digital Stokvel account, and member funds are insured.

SAMBO · Operated by Luthando Maduna & Co. Chartered Accountants