Barloworld KhulaSizwe
Based on recent customer reviews, Barloworld KhulaSizwe receives overwhelmingly negative feedback from shareholders who invested in the 2019 BBBEE share scheme. Customers report that the promised five-year lock-in period has long expired without payouts being honoured, with repeated delays and shifting deadlines. Poor communication is a dominant complaint, with investors describing being pushed from pillar to post, receiving no clear answers, and struggling through cumbersome FICA processes. Many express deep regret over their investment and accuse the board of mismanagement and self-enrichment at shareholders' expense.
TrustIndex
0
Ranking
#69
in Financial Services
NPS Score
-100
Recommended: Unlikely
Jun '25 - May '26
Based on recent customer reviews, Barloworld KhulaSizwe receives overwhelmingly negative feedback from shareholders who invested in the 2019 BBBEE share scheme. Customers report that the promised five-year lock-in period has long expired without payouts being honoured, with repeated delays and shifting deadlines. Poor communication is a dominant complaint, with investors describing being pushed from pillar to post, receiving no clear answers, and struggling through cumbersome FICA processes. Many express deep regret over their investment and accuse the board of mismanagement and self-enrichment at shareholders' expense.
Barloworld KhulaSizwe has a TrustIndex of 0 out of 10 on Hellopeter, based on 15 reviews in the last 12 months. Hellopeter has tracked Barloworld KhulaSizwe across 25 total reviews. How is the TrustIndex calculated? →
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your Experience1 reviews | Active since Jan 2020
I have been quiring about payment for shares for 2 years, last december i was told payment will be early this year, today when i called them they told me , the dateline is closed yet i didn't receive any correspondence regarding that i checked with them if my contact details are correct. Indeed they are correct but they agent told me there is nothing he can do. This is the worst service as i tried to invest but when it's time to pay they make it difficult to claim.
1 reviews | Active since Jan 2020
I have been quiring about payment for shares for 2 years, last december i was told payment will be early this year, today when i called them they told me , the dateline is closed yet i didn't receive any correspondence regarding that i checked with them if my contact details are correct. Indeed they are correct but they agent told me there is nothing he can do. This is the worst service as i tried to invest but when it's time to pay they make it difficult to claim.
1 reviews | Active since Jan 2020
During 2019, I bought some Barloworld Khula Sizwe shares with the clear understanding that the value of these shares would only be realised after 5 years. Fast Forward to January 2026, I started the process of selling these shares. Oooh, what a MISSION!! After submitting the necessary FICA documentation, I'm being pushed from pillar-to-post. They keep on asking for the same documents that were submitted earlier. There's clearly a shortage of skills at the shares trading desk of Barloworld Khula Sizwe/JSE Investor Services. It's chaotic!! On calling their help desk, one gets the impression that, there's definitely NO process in place. I regret having invested in this Barloworld Khula Sizwe share scheme.
1 reviews | Active since Jan 2020
During 2019, I bought some Barloworld Khula Sizwe shares with the clear understanding that the value of these shares would only be realised after 5 years. Fast Forward to January 2026, I started the process of selling these shares. Oooh, what a MISSION!! After submitting the necessary FICA documentation, I'm being pushed from pillar-to-post. They keep on asking for the same documents that were submitted earlier. There's clearly a shortage of skills at the shares trading desk of Barloworld Khula Sizwe/JSE Investor Services. It's chaotic!! On calling their help desk, one gets the impression that, there's definitely NO process in place. I regret having invested in this Barloworld Khula Sizwe share scheme.
1 reviews | Active since Jan 2020
Good day i would like to thank Katlego Nhlapo for a wonderful service he is been giving to me. Well, done brother keeps up the good work and continue with a good service to all the clients. I give you 100% brother.
1 reviews | Active since Jan 2020
Good day i would like to thank Katlego Nhlapo for a wonderful service he is been giving to me. Well, done brother keeps up the good work and continue with a good service to all the clients. I give you 100% brother.
1 reviews | Active since Jan 2020
What a terrible investment this has turned out to be. Out of the reputable Barloworld is, I bought into their idea of BBE shareholdings scheme. To cut a long seven year story short, board of directors, seems to have bungled and messed up the whole thing out of their own interest probably. They definitely need to account for this failure. With a petty 149 shares now I'm allowed to be sell, what's happening with the balance thereof?
1 reviews | Active since Jan 2020
What a terrible investment this has turned out to be. Out of the reputable Barloworld is, I bought into their idea of BBE shareholdings scheme. To cut a long seven year story short, board of directors, seems to have bungled and messed up the whole thing out of their own interest probably. They definitely need to account for this failure. With a petty 149 shares now I'm allowed to be sell, what's happening with the balance thereof?
1 reviews | Active since Jan 2020
So I purchased shares in 2019, an investment that was supposed to mature in five years. After the 5 years had lapsed I was told that I cannot be able to sell them yet because the markets were not doing well. I have just received the money seven years later, I invested a couple of thousands of rands and I received a mere R600. I'm sorry but I feel like I have just been ****MED. If I could I'd open a case against the board to be investigated because there's no way you can lose money just like that in a 5 years turned 7 years investment.
1 reviews | Active since Jan 2020
So I purchased shares in 2019, an investment that was supposed to mature in five years. After the 5 years had lapsed I was told that I cannot be able to sell them yet because the markets were not doing well. I have just received the money seven years later, I invested a couple of thousands of rands and I received a mere R600. I'm sorry but I feel like I have just been ****MED. If I could I'd open a case against the board to be investigated because there's no way you can lose money just like that in a 5 years turned 7 years investment.
1 reviews | Active since Jan 2020
worst BBBEE scheme that I have ever seen/ came across we are being ****** broad daylight managing directors and board members only wants to enrich themselves instead of giving sharesholders what is due to them
1 reviews | Active since Jan 2020
worst BBBEE scheme that I have ever seen/ came across we are being ****** broad daylight managing directors and board members only wants to enrich themselves instead of giving sharesholders what is due to them
1 reviews | Active since Jan 2020
Ohh ma word!!! These people are biggest gaslighters. I invested in 2019, payouts were supposed to be last year September. They came up with stories. Recently they issued out communication for the AGM scheduled for 17 November but never sent a link, I sent an email immediately requesting for the link I was ignored. Only a day after the meeting I received a condescending response “the link was sent to all participants” what the hell??? There was no link shared. I’m starting to believe that we were ****med. Trust me, don’t ever invest with them, they will keep delaying payouts and acting shady.
1 reviews | Active since Jan 2020
Ohh ma word!!! These people are biggest gaslighters. I invested in 2019, payouts were supposed to be last year September. They came up with stories. Recently they issued out communication for the AGM scheduled for 17 November but never sent a link, I sent an email immediately requesting for the link I was ignored. Only a day after the meeting I received a condescending response “the link was sent to all participants” what the hell??? There was no link shared. I’m starting to believe that we were ****med. Trust me, don’t ever invest with them, they will keep delaying payouts and acting shady.
1 reviews | Active since Jan 2020
The lock in period is long over when are you paying back service very poor Is this a **** or what
1 reviews | Active since Jan 2020
The lock in period is long over when are you paying back service very poor Is this a **** or what
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