Phuthuma Nathi

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Category: Entertainment

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South Africa

Phuthuma Nathi Reviews

December 10, 2007
BEE shares - Phuthuma Nathi
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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