Banks we work with
FNB and Standard Bank support the banking infrastructure intended for business accounts, point-of-sale collection and controlled movement of daily transactions, subject to the scope of current executed agreements.

Governance & transparency
A programme of this scale needs more than ambition. It needs clear legal structures, verified banking, independent reporting and visible accountability.
Luthando Maduna Foundation
The Foundation is positioned to steward the city-building and social-upliftment allocation, connecting commercial growth to community outcomes with formal oversight.
FNB and Standard Bank support the banking infrastructure intended for business accounts, point-of-sale collection and controlled movement of daily transactions, subject to the scope of current executed agreements.
Luthando Maduna & Co Chartered Accountants supports financial oversight and annual reporting, helping keep the model measurable and accountable.
#ChangeAlexNow property developments are placed under Stratum Property Group for coordinated development and network administration.
The Foundation participates in 10% of distributable profits, while eligible SAMBO members are intended to share in 90% through regulated investment funds. All rights and distributions must be defined in signed offering documents.
Institutions we work with
The organisations shown here support banking infrastructure and professional financial oversight. Their roles are represented only within the scope of current executed agreements.
Long-term destination
The long-term aim is to list the New City of Alexandra on the Johannesburg Stock Exchange, with a professional board of directors and governance, reporting and disclosure aligned with applicable JSE requirements.
This is an ambition, not a guarantee of listing. Any listing would remain subject to eligibility, regulatory approvals, audited performance and the requirements in force at the time.
Risk & legal transparency