OWN SPAZA SHOPS initiative 3 months ago, I posted about the idea of communities investing in owning their own Spaza Shops. I asked people to volunteer to be directors of those Co-operatives. We had our meetings and started working on the administration and the website which is now live 500meters.co.za Last week we signed a deal which will be communicated soon. Through this deal we plan to also supply grocery Stokvels this December 2026. More will be unpacked soon. When YOU participate in OWN SPAZA SHOPS initiative, you will OWN 1. 20 000 Spaza Shops nationally 2. 60 Distribution Centers nationally 3. 400 Fulfilment Centers nationally 4. Create over 100 000 permanent jobs To participate you will pay 1. R200 Non-refundable admin fee 2. A minimum of R300 which you can top up at anytime. What the team has worked on is remarkable, all we ask if for all of us to work together to make this a reality. Note that the admin fee and minimum amount have changed, this is to ensure that all requirements are covered 💜 R500 gets you a generational wealth investment, please start saving We launch on 1 November 2026