PUMAA is a non-profit organisation which is in the process of being registered as a non-profit Company - Process which has been delayed due to the COVID-19 lockdown.

 

Patrons, Investors and donors and all contributors are encouraged to start making their payments, kindly take note that; all payments will be made PUMAA’s Attorney’s Trust account until PUMAA is fully registered.

 

Directors and the Advisory panel will be remunerated based on the decision to be taken by the board.

The Investment Committee is entrepreneurial and will get an investment veto.

 

Kholofelo Maponya has veto over all decisions.

 

In the event that Kholofelo Maponya is not available 2 Directors may veto

Although administrative compliance is paramount it will not hinder us from investing in viable projects.

 

In the event that a fund application is declined because it doesn’t meet administrative processes, PUMAA will ensure that the entrepreneur is appropriately guided to ensure that a viable business gets funded.

 

PUMAA will not approve projects that are not feasible and yet administratively appropriate.

 

PATRONAGE

 

Patronage is annual; it is therefore renewable or cancelled on an annual basis

Patrons need to notify PUMAA in the 11th month of their Patronage of their intention to renew or cancel their Patronage failure of which, their Patronage will be renewed for another 12 months.

 

In the event that your Patronage fee is unpaid for 3 months or more, PUMAA reserves the right to cancel your Patronage and all patrons’ benefits will be cancelled.

 

DONATIONS AND INVESTEMENTS

 

While PUMAA strives to generate its own income and operate in a sustainable manner, it will rely on the generous donations of like-minded individuals and organisations.

 

Donations may not be withdrawn.

 

Organisations and Individuals are welcome to Invest in various PUMAA projects.

 

Investments may not be withdrawn within a twelve (12) cycle.

 

Investors must give PUMAA two month notice of their intention to withdraw an investment

In the event that investors withdraw investment, Patrons will receive capital investment less admin fees.

 

GENERAL

 

All businesses facilitated by PUMAA will show gratitude by contributing 0.5% of Turnover to PUMAA and collect R2 donations from their customers.

 

Social Media Platforms – People following PUMAA shouldn’t be pursued by the social media company without the consent of PUMAA.

 

All social Media platforms should get consent from PUMAA to sell and or expose our followers to non PUMAA related content.

 

In the event that a social media platform makes money through pursuing traffic created by PUMAA the social media concerned must pay commission to PUMAA.

 

NO traffic high jacking.

 

Social Media companies should pay a toll fee on our traffic.

 

We will own and control all traffic on our social media walls.

From onsite and follow up marketing on social media should get permission from PUMAA