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Phuthuma Nathi / BEE shares - Phuthuma Nathi

1 South Africa Review updated:

The Naspers Group has awarded the contract to trace shareholders to TSP (shareholders partnership) to claim ordinary shares under the Phuthuma Nathi shares scheme. They have not made any attempts themselves to get hold of the shareholders, but grant TSP the right to claim 15% admin fee to award the cash benefits from the above scheme. This is not fair and needs to be investigated.
I have applied for the shares to be dematerialised, but have not heard from Naspers.

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  • Nt
      8th of Feb, 2011
    +2 Votes

    I own shares and my bank account has changed from Savings to a Cheque account... What do I do to update this info? (Which number to contact? Who to contact?). My Email address is

  • Ma
      19th of Sep, 2008
    +1 Votes

    about ten years ago my late boss Taco Kuiper bought different shares for us, his employees. He did not give us the share certificates and now he is late. I want to check with you if we have shares that we do not
    remember lying there with you. I think he did buy Phuthuma Nathis shares for us. Kindly check for me
    if there are shares belonging to us. My I D No. is 6011170669080. The company was The Investor's Guide.

    Your help will be highly appreciated.


  • Ra
      30th of Sep, 2011
    +1 Votes

    Hi Guys,
    I am trying to discover what progress is being made with regards to my Phuthuma Nathi shares.

    I am afraid we all might end up losing money like the SASOL share scheme
    The Sasol shares was initially bought at R350.00
    However it is now trading at R260.00 on the JSE BBE trading platform.
    (lock in period was 3 years and now black share holders are losing +/-R100.00 on each share they trade.
    Very few shares are traded on the JSE BEE platform whilst the SASOL shares on the open market are trading by the thousands per day.

    It is common knowledge that the average South African does not trade on the JSE. A vast majority of them will get a broker to sell shares for them and therefore the tiny black elite will be waiting to scoop up these shares at massive discounts. I don't think this is empowering the black mass people. It is more like empowering the tiny black elite.

    When the BEE scheme was announced we knew that the lock in period was 5 years.
    Five years have come and is almost gone, shouldn't we have had another plan in place by now or at least 10 months ago. (When the shares can be openly traded)?

    A GREAT example was the MTN share scheme we had a few years ago. (I think it was Ashonge) It was open and transparent and we could trade the shares at competitive prices on the JSE after the lock in period.

    My fear now is for all those that purchased media 24 shares. Company is not doing so well and listing these shares on the JSE under the BEE banner will result in thousands of black investors losing more money.

    I have searched on numerous websites tried forums, telephoned around including the 0860116 226 number but to no avail.
    Not even the staff manning the above number could provide me with the questions I tabulate below.

    The closest I came to finding any information was the info below.
    MultiChoice SA group executive chairperson Nolo Letele ¬confirmed that the print and ¬electronic media firm was ¬exploring options of listing its BEE shares on the JSE.

    It is long overdue that the guys at the top should provide information:
    1. What is going to happen to our shares come the 8 December 2011
    2. Have the general public (120 000 share holders) participated in any of the decision making.
    3. What progress have been made if any
    4. And why was stake holders not notified.

    PLEASE send this email out to everyone on Face Book, forums, twitter etc you know so that we can rally support and get some answers before we lose money.
    You can send the info to my email then I can forward it on to one or all of M Langa, Letele Pacak or Volwyn at Multichoice.

  • Sy
      28th of Apr, 2011
    +1 Votes

    I bought 20 shares i was told i could contact you anytime for information, i want to give you my new banking details but i dont know who to talk to, i needed money to bury my mom but no one could assist me, my ID number 7611050440087.
    i was told that after five years i can trade the shares or withdraw i need cash i need to withdraw please assist me.

  • No
      3rd of Sep, 2008
    0 Votes

    Pls explain this for me. I bought 100 shares with you, and i called your share number requesting the outcome and to know how much will i receive, but to my suprise they 've told me i will receive R46.20. How come cos i was thinking it culculated like: 46.20(per share) x 100. Can someone pls explain how much exactly am i going to receive. And pls explain what dividend means.

  • St
      6th of Sep, 2008
    0 Votes

    My bank details have since changed. How do i update them. I can't access my dividends.

    Steven Sibuyi

  • Ev
      3rd of Dec, 2011
    0 Votes

    I bought phuthuma nathi shares in 2006 december and would like to hear from you as to how to check and sell my shares' worth and so on. ever since i bought shares i have never claimed divided can you please also update me on that.
    another thing i can't remember my password. i am looking forward to your swift response. my email address is (

  • Mi
      10th of Sep, 2010
    -1 Votes

    My postal address have changed & would like you to update my profile. Please advise me on how to do it. Misheck Dudzai

  • Mt
      10th of Jan, 2011
    -1 Votes

    i bought phuthuma nathi shares in 2006 december and would like to hear from you as to how to check for shares' worth and so on. the other issue is i was told that after five years one can trade in those shares - is it really the case.

  • Co
      5th of Dec, 2011
    -1 Votes

    Hi Shareholder
    My gud feeling was not wrong. The whole Phuthuma Nathi lock out period is a flop. I had no confidence in the CEO in the first instance. He is more worried about his scorecard and not empowering the disadvantage.He never consult the shareholders on the model he implement to sell and buy the shares over the counter. He is arrogant or not computer literate, because he do not answer personally. How on earth must we ordinary people know how to determine our own share price. Where will buyers come from. There is so many companies that will isue BEE shares. This share is nothing worth, because it is not listed. He will sit for years with R9, 8b in the account and nothing will happen. He is one those. But as it work in South Africa he must be there. May God BLESS his bladdy holiday.

  • Ts
      7th of Aug, 2008
    0 Votes

    I relocated from CT to Jhb and I have not been successful in contacting Naspers about my new address. Who is responsible for this function and where do I send my request to?

  • An
      11th of Aug, 2008
    0 Votes

    I would like to know how much shares I have as well as verify my banking details. Please let me know what the banking details are which you have

  • Mi
      1st of Sep, 2008
    0 Votes

    I have been dialing the 0860116226 and stil no answer. All I want to know is what is happening with the shares and its dividends.

  • Yv
      20th of Nov, 2008
    0 Votes

    I would like to have my tax certificate. I'm not sure if they were provided to shareholders earlier. I also want to update my address. My ID number is 810714 05 3308 9.

    Thank you,


  • Pr
      10th of Aug, 2010
    0 Votes

    My bank details have changed, how do I notify phuthuma nathi about this change? My ID number is 8907245244080.

    Thank You
    Sahil Sooko

  • Gl
      4th of Nov, 2010
    0 Votes

    I bought 100 Phuthuma Nathi shares in 2007 and have not heard a word since. My address has changed but not my banking details.What is exactly happening?What about the money used to buy the shares?Is there any dividend to be expected or what?What should i do to get hold of you? I tried to call 0860116226 but there is no answer. Can someone be of assistance here.

    Hoping to hear form you soon

    The concerned

  • Li
      15th of Jul, 2011
    0 Votes


    Can you contact me at

    I would like to know about my shares bought in 2006

    Lincoln Mali

  • 15
      9th of Dec, 2011
    0 Votes

    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 .

  • Sy
      28th of Apr, 2011
    0 Votes

    please contact me i need to know what to do i need to withdraw profit from my shares.i need to give you my new banking details.

  • Ke
      4th of Oct, 2011
    0 Votes

    Mr CEO we as Shareholders are very concern the way y0u people operate. You are not on the same level as the man that just bought 20 shares. This is the ordinary man ont he street like me. We dont want anything to do with buying on selling shares over the counter. We just want our money at 8Secmber2011. You will go on holiday and nowhere to find. Your costumercare Operators are so poorly informed. So we will walk the Sasol route where share is nothing worth, and no buyers. Please proof me wrong.

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