Phuthuma Nathi |
| South Africa |
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Consumer reviews about Phuthuma Nathi |
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1508052379
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Dec 9, 2011
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BEE shares - Phuthuma Nathi
When we bought shares from Phuthuma Nathi in 2006 we thought it was a good thing because it was some kind of investment.I received a letter informing me that i could trade my shares on the 08/12/2011.I've been trying since yesterday to call on this famous number 0860 116 226 which i'm sure everybody including myself is questioning what the legal implications are about Phuthuma Nathi.Why are they all dugging and diving. It seems like nobody knows anything about the business.People are getting very annoyed by the the machine that keeps on repeating the same thing over and over.Why can't people just be honest and tell us what is really going on, come out and tell us straight in our faces if we made a big mistake in purchasing shares from the scheme and that it was a hoax of which you benefited millions from that is why we can't get any straight answers from anybody.S.A has become a country where all the wealthy people get richer by stealing from the poor and they are bold faced liars.We need answers because this is our hard earned money and i don't think i'll ever invest in Phuthuma Nathi ever again.Just give us what you owe us.From concerned shareholder. 09 December 2011 .
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Herman Charles
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Dec 11, 2011
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BEE shares - Phuthuma Nathi
I submitted a complaint to [email protected] on 9th December 2011 and suggest you do the same. What Phuthumanathi is doing with this 2nd lock in period(JSE BEE) must be illegal and if there are enough waves some one will have to answer for it. Here follow my letter: "Dear Sir/Madam, I wish to express my disappointment in the way trading is happenning. Our share VALUE of R50(R10 initial cost to share holder, plus R40 initial cost to you) ; your communication goes as if people are making a profit(anything beyond R10) whereas it is a shocking loss! Many of us had our money locked up for 5 years with the foresight of making a minimum profit of 400% and entrance to the investment platform (being empowered to make profitable financial choices). Locking us out of trading on the open market, you are disempowering the masses again by controlling and trapping in trade within the BEE setting; thus keeping the share price 'discounted 'to quote the Multochoice CEO, allowing fat cats to bully the marginilised into giving their shares away at half its original value, not even comparing it to its open market counterpart.You are locking people up into another kind of apartheid in the process of satisfying your gvt required BEE share holder percentage. Please enlighten me with better insight than what I am currently making of this 2nd lock in period."
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[email protected]
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Jun 20, 2013
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vuyokazi tonga
In 2006 I bougth Shares at phuthumanathi but and I want to know what happened beccause THEY don't tell me what is happening to my shares please help me.
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