CEO Haroon Jeena unpacks S12J with the #FinanceGhost

LIsten Now

Olive VCC Directors Talk through the Investor Presentation

Watch on Youtube

Want to invest? Click the button!

Invest Now

Brief Overview

A SHARIAH FOCUSSED S12J DIVERSIFIED INVESTMENT PORTFOLIO

WELCOME TO OLIVE VENTURE CAPITAL COMPANY LIMITED

• Shariah focussed diversified investment strategy
• Authorised Financial Service Provider #49818
• Registered S12J Venture Capital Company #0153
• Targeting 17% per annum return over 5 years
• Public Company, subject to audit
• Non executive director oversight
• Experienced Management – Olive VCC Manco
• Professional Administrator – Grovest Corporate Advisory

TARGETING 17% PER
ANNUM

• 100% Tax refund in year of investment ranging between 28% to 45% of capital investment ###
• In addition to tax refund , dividend returns averaging 9% per annum over 5 years ***
• Tax free dividends commencing March 2021*** 

*** Forecast not guaranteed
### Tax refund is dependent on investors marginal tax rate         

INVESTMENT
PROPOSITION

• Investments in Diversified Portfolio
• Six monthly tax free dividends from March 2021 onwards***
• Minimum investment of R105 000
• Exit strategy to return capital after 5 years

*** Forecast not guaranteed

WHY OLIVE VCC 

The OVCC investment principle is to follow ethical business practice throughout its
supply chain and with all stakeholders by adopting Shariah Islamic Business values that include:
Investing in permissible businesses according to Shariah principles
Limiting non-permissible income to 5% of total income
Strict adherence to asset-based finance
 Not purchasing cash assets for premiums or discounts
Adhering to ethical business practices with all stakeholders
When required subjecting investments to an independent Shariah investment review and approval

THE SECTION 12J BENEFIT

As a taxpayer, you are entitled to a 100% tax deduction on monies invested into a S12J investment. Accordingly, as an investor, you immediately obtain a return on your investment of up to 45%. This investment opportunity is available to any South African taxpayer and is a fully legislated way to minimise your tax due in exchange for supporting SMME businesses in South Africa.
This initiative is legislated in accordance with Section 12J of the Income Tax Act No. 58 of 1962 and is therefore known more commonly as “S12J Investment” opportunity. It is important to be aware that your funds need to stay invested for 5 years in order to avoid  any tax recoupment.
For more information, please speak to one of our friendly consultants. Click Here to get in touch
Tax Refund and Return on Capital enhancement

INVESTMENT MIX

INVESTMENT MIX

Focus on:
  • Businesses with strong brand value
  • Track record & experienced management team /partner
  • Predictable earnings from business
  • Appropriate risk/return
  • Identifiable exit strategies
    The investment mix and business selection is subject to change as approved by OVCC board of directors
 

How to Invest…

Invest from…

Have a minimum investment of R105,000

CIPC APPROVED

Review our CIPC approved prospectus

Application

Complete the mandatory application form, sign and submit with all FICA documents

Transfer

Transfer investment capital into Olive VCC bank account

Certificate

Receive your share certificate, income-tax
certificate and periodic updates on your investment

Download Mandate & Application form

Click here to receive the mandate and application form. Once received please complete the sections that require your personal details, initial all pages, sign & return

Banking Details

Bank: FNB
Acc No.Please request 
Branch code: 250655
Ref: (Your name & surname)
EMAIL POP 

Request Prospectus

Click here to request prospectus

Investment Mix

0%
Renewable Energy
0%
Filling Stations
0%
Hospitality
0%
Cattle Feeding
0%
Opportunities

Want to Invest? Click the button

Invest now

OUR TEAM

Haroon Jeena

CEO & Founding Director

Member of Investment Committee and Audit and Risk Committee

CA(SA) Higher Dip: Tax Law Former Group Executive: Commercial at ACSA Senior Accountant and Alternate Director to several listed property companies at Anglo American Property Services

Yunoos Essop Mohamed

 

Non-Executive Chairman

BSC (Computer Sciences) ; B Comm and Diploma in Business Analysis

Mr. Y E Mohamed has 37 years of experience in Information Technology and held an executive position at Rand Mutual Assurance for over 5 years at time of his retirement.

Irshaad Varachia

Non Executive Director and Chairman of both Investment Committee and the Audit and Risk Committee

CA(SA), MBA
Owner of  Accounting and Management Practice

ML Yusuf Jeena

Executive Director and Member of Audit & Risk Committee

Aalim Course (Jaamia al Uloom Fordsburg). Close to 4 years experience as Shariah Compliance advisor to Albaraka Bank and Old Mutual Albaraka range of Unit Trust Funds. Yusuf currently lectures students at the Jaamia al Uloom where he studied to become an Aalim. He is actively involved in community work and frequently delivers the Friday lecture and prayers at various mosques.

INVESTOR COMMUNICATION

In order to have transparency in the way we run our business, please feel free to view all our correspondence sent out to shareholders
Welcome to OliveVCC
Reminder from OliveVCC
A Diversified Investment
BUDGET SPEECH DOES NOT EXTEND S12J TAX ALLOWANCE POST 30 JUNE 2021 & MAIDEN DIVIDEND DECLARED
OliveVCC Prospectus

CONTACT

Please enable JavaScript in your browser to complete this form.
Name

CONTACT

Olive Venture Capital Company Limited (OVCC)
An Authorised Financial Service Provider FSP:49818
Registration Number: 2018/462503/06
Approved SARS Venture Capital Company (VCC): 0153
The contents of this website do not constitute and should not be construed as investment, tax, legal, accounting or other advice.